Aerospace

BOEING forecasts China will need to acquire 8,600 new aircraft (380 regional jets/6,450 narrowbodies/1,590 widebodies/180 freighters) worth $1.4t over

Katy Zhao to Director of Business Development China-Engine Strategy Group of GA Telesis.

FLIGHTSAFETY INTERNATIONAL launched HondaJet Elite training at Farnborough with new full flight simulator.

TRANSDIGM had $699m net income on $5.1b sales in year ended September 30 vs $890m on $5.2b a year ago.

Aireon on Nov. 12 announced an agreement with the FAA allowing the agency access to its satellite-routed aircraft surveillance data to evaluate different air traffic control applications.

Germany is the first Eurofighter partner nation to top up its orders; Spain will follow in 2021.

OEM production rate guidance ain’t what it used to be; how the supply chain has to read between the lines.

IRELAND DOT agreed to revised €80m funding package that provides extra €48m funding for Irish aviation for 2021.

MAGELLAN AEROSPACE earned C$11m on C$163m revenues in 3Q20 vs $15.8m on $236m in 3Q19. It has C$91.2m cash.

STRATVIEW RESEARCH projects ceramic matrix composites (CMC) market for aircraft engine applications to grow 27.4% per year to $414.2m in 2025

AEROCOR acquired BlueMAX wireless data transfer unit from Australia-based Control-J.

German start-up Lilium has announced that the first electric regional air mobility network in the U.S. will be launched in 2025 in Florida.

Raytheon Technologies has signed a definitive agreement to acquire privately held Blue Canyon Technologies, a pioneering provider of small satellites and spacecraft systems components, for about $350 million.

Japan’s Sony Corp. has announced the start of a drone development project aimed at video production for the entertainment and other industries.

Projects to use drones to deliver COVID-19 supplies are among the first wave of winners under the UK’s £125 million ($165 million) Future Flight Challenge.

South Korea staged its first urban air mobility demonstration in Seoul on Nov. 11, including drone and electric air taxi demonstrations using the developmental K-Drone low-altitude traffic management system.

NASA is looking at ways to enable industry to collaborate in maturing technologies for the next narrowbody airliner.

Backed by 11 years of technology development, a new startup has been launched onto the market to provide electric propulsion systems for aircraft, starting with drones but aiming ultimately at urban air mobility.

BOEING delivered 13 aircraft (737NG; 747-8F; three 767s; four 777s; four 787s) in October 2020 vs 20 (737NG; 747-8F; three 767s; three 777s; 12 787s)

JAMA SOFTWARE introduced software solution to manage requirements, risks, and testing in single platform to accelerate development of aircraft systems

FAA could lift its grounding of 737 MAX as early as November 18, as reported by Reuters. BOEING would not comment.

EUROPEAN COMMISSION is placing addtional tariffs of 15% on BOEING aircraft in accordance with WTO authorization to impose $4b in annual tariffs on

Lee Obst, of Collins Aerospace, was elected Chair of the Board of Directors of Aerospace Industries Association of Canada (AIAC).

EMBRAER had US$121.2m net loss on US$759m revenues (23.3% commercial aviation) in 3Q20 vs US$77.2m loss on US$1.2b (34.7%) in 3Q19 and ended quarter

MSM AEROSPACE FABRICATORS, UK joined Fast Track Additive Manufacturing-Upskilling Workforce program to connect manufacturers to digital tools