17 October 2023

© Rolls-Royce

Rolls-Royce to cut thousands of jobs in ambitious overhaul

Other News

Rolls-Royce, under the leadership of its new CEO, Tufan Erginbilgiç, is embarking on a significant transformation, poised to eliminate up to 2,500 positions company wide. The eagerly anticipated unveiling of the firm’s long-term strategy is imminent. As reported by The Guardian, the renowned jet engine manufacturer is set to disclose a workforce reduction ranging from […]

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StandardAero

StandardAero’s Springfield MRO facility to invest US$10 million in upgrades

MRO & Production

StandardAero has announced a commitment to invest US$10-12 million (£8.3-10 million) in leasehold improvements at the company’s Springfield, Illinois business aviation MRO facility.  The investments, in partnership with Abraham Lincoln Capital Airport, will be completed in three phases over a two-and-a-half-year period. The investments and upgrades will be applied to major building improvements and modernisation

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Interior of Phenom 100EX

Embraer Executive Jets and LHT intensify cooperation

MRO & Production

Embraer Executive Jets and Lufthansa Technik (LHT) have expanded their existing cooperation in the field of cabin management systems. In the future, the MRO company’s renowned Original Equipment Innovation and Special Aircraft Services branch will supply the central passenger service system (PSS) for Embraer’s new Phenom 100EX model. The recently modernised interior of the latter

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IBC copper products

IBC wins US$7.38 million in new orders from Lockheed Martin

Military & Defense

IBC Advanced Alloys, a leading beryllium and copper advanced alloys company, has won a new purchase order for its beryllium-aluminium alloy products from Lockheed Martin, the maker of the F-35 Lightning II aircraft and many other defence systems.  The value of the new order is approximately US$7.38 million (£6.15 million) and the company expects to fulfil

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IBA reveals fall in commercial aircraft deliveries

Other News

IBA’s latest Aviation Industry Barometer revealed that there were 87 commercial aircraft deliveries in September 2023, representing a month-on-month and year-on-year variance of -5% and -27% respectively. IBA Insight shows that in September monthly global passenger capacity edges closer to a full recovery, reaching 99% of pre-pandemic ASKs in September 2023, a gain of 1%

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