MTU Aero Engines reported a strong 1st quarter, with adjusted revenues up 8% year over year to €1.54 billion, with Adjusted EBIT of €218 million, compared with €212 million in the prior year. “MTU managed to match the record…
UPDATE – Supply chain issues continued to pose challenges for Embraer in Q3, which resulted in fewer aircraft deliveries. Yet, the airframer expects to significantly ramp up deliveries in Q4 and reaffirms its delivery targets, thanks to increasing its inventories…
Europe has reaffirmed its commitment to get the aviation industry to net-zero emissions in 2050 by signing the Toulouse Declaration on February 4. The 27 member states of the European Union, the UK, the US, Japan, and ten other countries from…