MTU Aero Engines The falling dollar kept half year revenues flat at €1.26 billion ($1.99 billion) for the German powerplant component maker, but EBITDA rose 8% to €194.5 million, net income soared 79% to €80.4 million and the outlook is stable. Chief executive Egon Behle says: "We have hardly been affected by the current adjustments to airline capacities, and the record volume of orders for new aircraft is helping to sustain our engine order backlog."
Source: Flight International
The January incident at Ellsworth AFB resulted in the destruction of the $450 million bomber and a rare quadruple ejection of the crew, who were attempting to execute an instrument landing during poor weather.
Airbus is looking to obtain higher-weight certifications for its A321XLR over the next three months, as it works on the individual enhancements required by early operators of the long-range twinjet. The airframer secured European Union Aviation Safety Agency approval for the basic version – with a 97t maximum take-off weight ...
Keep track of the commercial aircraft order announcements made at this year’s Farnborough air show
