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Airbus Reports Full-Year 2020 Financial Results

WIL BALDWIN February 18, 2021

566 commercial aircraft delivered in adverse market environment Financials reflect the early business adaptation and cash containment planFY revenues € 49.9 billion; FY EBIT Adjusted € 1.7 billionFY EBIT (reported) € -0.5 billion; FY loss per…

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SAS and CFM Sign Engine Purchase and Services Agreement

WIL BALDWIN February 17, 2021

SAS has selected CFM International LEAP-1A engines to power its new fleet of 35 A320neo family aircraft ordered in 2018. This agreement also includes eight spare engines. In addition, SAS has signed with CFM a…

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Airbus Envisions New Digital Factory Above Earth

WIL BALDWIN February 17, 2021

- Story by Airbus Being able to manufacture and assemble objects in space using 3D printing and in-orbit robots may sound like pure science fiction – but these game-changing techniques are set to become reality…and…

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Dubai Route 2020 Metro Commences Commercial Revenue Service

WIL BALDWIN February 16, 2021

A full turnkey integrated system 15km-long Existing Metro lines upgrade50 MetropolisTM trainsets Total project value is €2.6billion 16 February 2021 – Alstom congratulates Dubai’s Roads and Transport Authority (RTA) on the opening of the Dubai Route 2020 Metro and the start…

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Ryanair Launches Over 700 Winter Route Destinations For 2021/2022 Season

WIL BALDWIN February 15, 2021

Ryanair (London: RYA.L), Europe’s no. 1 airline, has today (11 Feb) launched its Winter 21/22 schedule, covering its most popular destinations for trips taking off from late October. Boasting over 700 routes across the Ryanair…

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CAF Group to Supply 50 Hydrogen Buses for Austria and The Netherlands

WIL BALDWIN February 15, 2021

Hydrogen Buses for Austria Solaris, a subsidiary of the CAF Group, has entered into a framework agreement for the exclusive supply of as many as 182 buses which will provide service on Austrian roads. Specifically,…

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U.S. Marine Corps Awards BAE Systems $184 Million for Additional ACV’s

WIL BALDWIN February 14, 2021

BAE Systems (OTC: BAESY) has received a $184 million contract option from the U.S. Marine Corps for more Amphibious Combat Vehicles (ACV) under full-rate production. The order demonstrates the Marine Corps’ confidence in a program…

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Leonardo Technology Chosen for Milan, Italy Airport Systems

WIL BALDWIN February 13, 2021

Leonardo has strengthened its market position in the airport sector by signing contracts with SEA and SACBO, the respective management companies for Milan Malpensa and Milan Bergamo airports. Malpensa and Bergamo are the second and…

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Pilatus Aircraft Offers PC-24 With 10-Seat Commuter Interior

WIL BALDWIN February 12, 2021

A first PC-24 with high-utility 10-seat commuter configuration has been delivered to a customer in the western United States, allowing the Super Versatile Jet to prove yet again how it is an excellent fit for…

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Lufthansa Innovation Hub Spins-Off Startup RYDES

WIL BALDWIN February 11, 2021

The Lufthansa Innovation Hub, the central digitalization unit of the Lufthansa Group, spins-off the startup RYDES. Forward31, the company builder of Porsche Digital, is contributing with its expertise and resources to the venture. Both Porsche…