Aerospace News – Late April 2024
Estimated reading time 2 minutes
While aircraft orders continue to gain momentum, challenges and kinks with production capacity are causing a downward trend (year on year) in aircraft deliveries.
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Aircraft manufacturer, Airbus, has grown revenues but seen earnings shrink in the first quarter of its 2024 financial year.
The group, which employs 5,000 staff at its wing making plant in Broughton, near Chester, and around 3,000 staff at its Filton plant in Bristol, has released figures for the three months to March 31, during which it said the sector has shown no signs of improvement.
Consolidated revenues increased nine per cent year-on-year to €12.8bn, up from €11.8 bn last year. A total of 142 commercial aircraft were delivered (Q1 2023: 127 aircraft), comprising 12 A220s, 116 A320 family, 7 A330s and seven A350s.
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Indian airline IndiGo has agreed to place an order for 60 Trent XWB-84 engines – built in Derby.
This is the first ever agreement for Rolls-Royce with the Indian airline.
Flying to more than 110 domestic and international destinations, IndiGo flew 100 million passengers in 2023 and is among the fastest-growing airlines in the world.
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A new hybrid manufacturing method could boost capability in the UK and increase manufacturing efficiency for key aerospace components, which could in future be used by global manufacturers for the production of aircraft.
Shropshire-based SME, SDE Technology – a lightweight engineering business – is leading the initiative to develop a new superplastic forming process, enabling the company to expand into the aerospace market.
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