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Maiden flight for Airbus Helicopters’ Racer demonstrator

Marignane – Airbus Helicopters’ Racer demonstrator, developed in the frame of the European Research Clean Sky 2 project, has performed its first flight, in Marignane….

GD Helicopter Finance (GDHF) secures 20 H175s for worldwide lease

Vienna – Airbus Helicopters and GDAT, have signed a contract for up to 20 H175 helicopters (ten firm orders and ten options). GD Helicopter Finance…

Airbus reports First Quarter 2024 results

142commercial aircraft delivered Revenues € 12.8 billion; EBIT Adjusted € 0.6 billion EBIT (reported) € 0.6 billion; EPS (reported) € 0.76 Free cash flow before…

Spain orders seven De Havilland Canada DHC-515 waterbombers for EU wildfires

On 19 April 2024, the Spanish government announced a €375 million upgrade to its fleet of firefighting amphibious aircraft, ordering seven new De Havilland Canada…

Boeing Reports First Quarter 2024 Results

First Quarter 2024 Undertaking comprehensive actions in our commercial business to strengthen quality and safety Financial results reflect lower 737 deliveries and 737-9 grounding customer…

Condor takes delivery of its first Airbus A320neo

Toulouse, 24 April 2024 – Condor has taken delivery of its first Airbus A320neo on lease from Avolon following an event in Toulouse. The new…

F-35s Protect NATO’s Periphery

The Norwegian F-35s were airborne within minutes. On April 3, Royal Norwegian Air Force F-35 pilots jumped into their jets to intercept a pair of Russian Tu-95MS…

Lockheed Martin Reports First Quarter 2024 Financial Results

Net sales of $17.2 billion Net earnings of $1.5 billion, or $6.39 per share Cash from operations of $1.6 billion and free cash flow of $1.3 billion $1.8 billion of cash returned to…

FRCE receives the 2024 SECNAV Environmental Award

The Office of the Secretary of the Navy (SECNAV) recently recognized Fleet Readiness Center East (FRCE) for its continued commitment to environmental stewardship, awarding the…

US Navy Accepts First Delivery of T-54A Training Aircraft

The U.S. Navy received the first two operational T-54A multi-engine training system aircraft last week at Naval Air Station Corpus Christi, Texas. The T-54A will replace…