Cessna received its FAA type certification for the model 408 Cessna SkyCourier, a twin-turboprop high wing aircraft. The first flight of the aircraft occurred in May 2020, and a trio of test aircraft flew more than 2,100 flying hours. Launch…
GE Aviation and Safran expect the LEAP turbofan engine to reach breakeven margins in 2025. There will be a three-percent margin impact this year and in 2023 as the production transits from the CFM56 to the LEAP, but the numbers…
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How things change in just six months
Deliveries of 31 completed ATR turboprop aircraft compared to ten in 2020 have helped to reduce losses for its Italian shareholder Leonardo, but overall the company and Tier 1 supplier to Airbus and Boeing can look back at a difficult…
Embraer announced its 2021 year-end results this morning. Like all these calls, there is a desire to make the best of the situation and be upbeat. But in the case of Embraer this may not be wishful thinking. 2022…