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APRIL 2023

Week 17

Asia-Pacific Aerospace Briefs Today

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April 27th 2023

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Today's briefs report news from Asia Digital Engineering, Boeing, Capital A, dnata, Embraer, GE, IBS Software, Korea Evaluation Institute of Industrial Technology, Korea Institute for Advancement of Technology, OCP Asia Ltd and Safran. Read More »

Boeing said it had signed partnership agreements with the Korea Evaluation Institute of Industrial Technology and the Korea Institute for Advancement of Technology to expand joint research and development work on advanced production systems for commercial aircraft manufacturing, urban air mobility and aerospace semiconductors, as well as growing industry talent in South Korea.

Capital A said its engineering and maintenance unit, Asia Digital Engineering (ADE), had revived a US$100 million investment from OCP Asia Ltd to build a new 14-line aircraft maintenance hangar facility at Sepang, near Kuala Lumpur International Airport.

Embraer said it delivered seven commercial aircraft in the three months to March 31 2023, comprising two E175s and five E195-E2s. The commercial aircraft firm order backlog stood at 281 aircraft at March 31.

dnata was announced as the first company to adopt the International Air Transport Association's (IATA) dangerous goods autocheck (DG Autocheck) Connect API, a tool which aids efforts to digitise the air cargo industry across the value chain. IATA said the connectivity between dnata and DG Autocheck was supported by IBS Software's iCargo technology.

GE Aviation booked a US$1.3 billion operating profit for the three months to March 31 2023, up 46%, from US$908 million in the same three moths in 2022, parent GE said. "At GE Aerospace, we are growing rapidly and supporting our customers amidst the pronounced commercial ramp," GE and GE Aerospace CEO, Lawrence Cup Jr, said.

Safran reported revenue grew 29.4% to 5.3 billion euro (US$5.8 billion) for the three months to March 31 2023, from 4.1 billion euro in the same three months in 2022. "Our deliveries of LEAP engines have stepped up as planned, an encouraging performance in a context of persistent difficulties in the global supply chain," Safran CEO, Olivier Andriès, said.

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