Aerospace

Airbus Adjusts speed of A320 Family ramp-up to rate 65 for 2023 and 2024

Airbus CEO Expresses Concern Over Boeing's Ongoing Technical Issues

68 commercial aircraft deliveries in November, bringing annual deliveries to 565* aircraft as of end of November
Maintains the objective of reaching rate 75 by the middle of the decade

Adjusts speed of A320 Family ramp-up to rate 65 for 2023 and 2024

Based on its 68 commercial aircraft delivered in November and the challenging operating climate, Airbus SE believes that its goal of delivering “approximately 700” commercial aircraft deliveries in 2022 to now be out of reach. It is not anticipated that the final number will significantly fall short “about 700” delivery target.

Airbus remains committed to delivering its financial guidance as provided at the Nine-Month 2022 results**, meaning guidance for EBIT Adjusted and Free Cash Flow before M&A and Customer Financing remains unchanged.

Taking into account the fact that this complex environment will persist longer than previously expected, Airbus will be adjusting the speed of the A320 Family ramp-up to rate 65 for 2023 and 2024. Airbus maintains the objective of reaching rate 75 by the middle of the decade.

The full year 2022 Airbus commercial aircraft orders and deliveries will be disclosed – after audit – on 10 January 2023. Full Year results will be disclosed on 16 February 2023.

In November 2022 Airbus also registered 29 new orders and 14 cancellations bringing the backlog to 7,344 aircraft. More insights on the Company’s full month’s performance on airbus.com.

Aerospace

Boeing’s Aurora Flight Sciences Expands Columbus Plant by 50,000 Sqft

Credit:Aurora Flight Sciences

Aurora Flight Sciences, a subsidiary of Boeing, has launched a significant expansion of its manufacturing facility near the Golden Triangle Regional Airport in Columbus, Mississippi.

This ambitious project will add 50,000 square feet of new space, renovate 40,000 square feet of the existing facility, and introduce advanced automation equipment, robotics, and non-destructive inspection technologies. mcas boeing enhancements will support the growing demand for Aurora’s aerospace systems business.

Since its establishment, Aurora Mississippi has specialized in the production of advanced composite components and assemblies for both military and commercial aircraft. The company first opened in 2005 at Mississippi State University’s Raspet Flight Research Laboratory in Starkville before relocating to its current site in Columbus two years later.

Initially occupying 21,000 square feet, the facility has since grown to encompass over 120,000 square feet, featuring cutting-edge manufacturing technologies such as automated fiber placement. Aurora’s latest expansion is a strategic investment aimed at increasing production capacity for composite components like boeing titanium used in executive jets and the MQ-25TM Stingray composite skins, a key project for its parent company, Boeing.

Additionally, the facility will produce components for NASA’s X-66 sustainable flight demonstrator aircraft, further diversifying its portfolio. Currently employing around 100 full-time staff in Mississippi, Aurora plans to hire more than 60 additional team members by the end of 2025.

Aurora’s expansion project underscores its commitment to Mississippi’s growing aerospace and advanced manufacturing sector. The company maintains strong partnerships with Mississippi State University (MSU) and East Mississippi Community College (EMCC), contributing to research, higher education, and workforce development in advanced manufacturing.

Additionally, Aurora actively supports local K-12 STEM education through summer camps and collaborates with high school vocational education programs. The expansion and renovation project will be carried out in phases over the next two years, with completion expected by 2026. This development marks a significant milestone in Aurora’s ongoing growth and its role in advancing aerospace manufacturing in Mississippi.