This #ThrowbackThursday we're throwing it back to 19 March 2024 when GKN Aerospace GKN Aerospace Sweden AB announced a major Agreement with Safran Aircraft Engines to expand support the LEAP engines! Read more here: https://lnkd.in/e8UWymiE #TBT
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GKN Aerospace has signed a decade-long agreement with Safran Aircraft Engines to expand its support for the LEAP engines. The contract covers new shafts and spare part production for the Leap 1A variant for the Airbus A320neo aircraft, with the expectation to produce similar components for the LEAP 1B for the Boeing 737-MAX aircraft in the future. Through this contract GKN will support Safran with its significant future demand and will start up new Shaft production at GKN Aerospace’s global centre of excellence in Kongsberg, Norway. The first shafts are expected to be delivered from GKN Norway to Paris in the second half of 2024. GKN Aerospace and Safran have worked together closely for more than 35 years, with long-term partnerships in place for the industry-leading CFM56 and GE90 engines, as well as on the next-generation RISE technology development program. Alexander Andersson, senior vice president of GKN Aerospace’s Engines business, said: “This is a significant agreement and another important milestone in our partnership with Safran. The LEAP is at the forefront of the industry and we are proud to increase our presence on the engine today, while continuing to explore new technology development for the next-generation RISE engine.” Dominique Dupuy, senior vice president, purchasing for Safran Aircraft Engines, said: “We are satisfied with our partnership with GKN, which began several decades ago and continues with the manufacture of rotating parts for the LEAP programmes.” https://lnkd.in/dvMXfdv5 #maintenance #engines #aircraft #LEAP #spareparts #production #aviationindustry
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For two days a gathering took place at #GKNAerospace, Trollhättan focusing on Machine Maintenance. We see a bright future with new opportunities in terms of new business, new technology and customers that see the added value that GKN Aerospace bring. Of course, to provide aircrafts with parts and engines, there must be an asset support in terms of Machine – and Facility Maintenance keeping the technical availability at 100%. For two days Machine Maintenance teams from GKN Cowes UK (Richard Milne, Garry Newton, Antony Haynes), GKN Kongsberg Norway (Egil Kjörsvik, Pål Öia, Kjell Bråtane) and GKN Trollhättan Sweden (Lars Uddén, Mikael Holmberg, Joakim Wilson) met to compare, share and discuss issues within this supporting topic. The short outcome of the gathering would probably be that we recognize the struggle we as colleagues have, but we can also assist each other since if one’s falling short there is always help close by. You could almost touch the Engagement found in this group of knowledge and looking for Best practise might even be within the "family". :) Moving Machine Maintenance forward to Operational Reliability is a continuous mission and it will not happen unless we drive for change.
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The OEMs are under pressure to supply multiple aspects of the engines market. From keeping the new in-service fleet active to meeting Boeing & Airbus production targets and producing LLPs for mature engines, how are OEMs balancing these pressures? What is the impact on R&D resources for projects such as SAF and alternative propulsion technology? Join us next week >> https://utm.io/ufOYw #AEEUR #AviationWeek
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Persistent (and increasingly significant) under-supply of jet transport #aircraft by Boeing and Airbus is creating pressures for alternatives. The longer this persists and the greater the under-supply, the more these pressures will be amplified, especially if #airlines have no line of sight to relief. Embraer is a capable designer and manufacturer of airplanes. They are the only successful entrant into the large jet transport space since Airbus entered the market. This said, they will need significant resources to enter this market. Embraer must not only develop a new airplane but also build a supply base (the current supply base is constrained), both of which will take time and resources. So, they will need partners. Who would be the best collaborators for Embraer? Looking at this from a country standpoint, which nations have the means (and the willingness) to invest and/or #aerospacemanufacturing capability? * Saudi Arabia – While domestic #aerospace manufacturing is less developed than MRO, the Kingdom has resources, willingness to invest, and ambitions to grow in aerospace. * South Korea – They have invested in aerospace and have elevated their capabilities, perhaps best embodied in the development of a new 4.5 generation fighter. * Japan – The nation has a considerable aerospace manufacturing experience and while the lessons of the SpaceJet / MRJ were painful, they may also prove instructive. Also, their industry is debating its reliance on widebody aircraft. * India – They have been building their aerospace design and manufacturing capability, seek to assert their aerospace technical and manufacturing independence in a context of growing geopolitical rivalry, and have a large, nascent domestic travel market to boot. * China – They already have a narrowbody offering (so are likely to benefit from under-supply situation have less of a need to partner) but a second generation C919 would be much more competitive in the global market. Boeing and Airbus can’t fill all the orders for narrowbody aircraft right now. Ironically, this was Bombardier’s thesis for launching the CSeries. They developed a state-of-the-art airplane for the same cost as each of Boeing’s and Airbus’s narrowbody re-engining programs but were not able to break into the market. The incumbents were able to defend their positions at that time. There is no doubt there are significant barriers to entry into the large jet transport space. The time to develop a new airplane and its supporting supply base may prove more effective than money in deterring prospective new entrants from success. Or, the time may be right this time around.
The buzz about Embraer entering the fray for development of a next-generation aircraft has been picking up steam over the last few months. Embraer does not have the scale of Boeing or Airbus, but in this case, does being smaller- and potentially more nimble-create a tactical advantage when it comes to speed of product development? Aerospace Manufacturing Robin Toth Dean Cameron
Exclusive | Brazil’s Embraer Plots a New 737-Sized Jet to Rival Boeing
wsj.com
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✈ Boeing and Ontic: A New Era in Aerospace Parts Distribution ✈ A new exclusive distribution agreement between Boeing and Ontic, enhancing our aerospace parts offerings at MRO Americas 2024. 🛫 Expansive Partnership: Boeing will now distribute Ontic’s TRAS and PECU product lines, enriching our portfolio with over 1,000 actuation and propulsion system products. 🌐 Global Support: This 10-year agreement bolsters Boeing’s global network, ensuring precise and timely parts delivery to our aerospace customers. 🔄 Product Excellence: Featured systems include the GE CF6-50/80 engines and others across diverse aircraft like the B747 and A380, affirming our commitment to quality and reliability. 🚀 Industry Impact: Ontic’s specialized parts, combined with Boeing’s extensive distribution network, set a new standard for aftermarket support in the aerospace sector. 🤝 Mutual Growth: Both companies highlight the agreement as a milestone in their long-standing relationship, aiming for continued growth and customer satisfaction. #Boeing #Ontic #AerospaceEngineering #AviationDaily #UpendoStaffing #LoveWhatYouDo
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✈ Boeing and Ontic: A New Era in Aerospace Parts Distribution ✈ A new exclusive distribution agreement between Boeing and Ontic, enhancing our aerospace parts offerings at MRO Americas 2024. 🛫 Expansive Partnership: Boeing will now distribute Ontic’s TRAS and PECU product lines, enriching our portfolio with over 1,000 actuation and propulsion system products. 🌐 Global Support: This 10-year agreement bolsters Boeing’s global network, ensuring precise and timely parts delivery to our aerospace customers. 🔄 Product Excellence: Featured systems include the GE CF6-50/80 engines and others across diverse aircraft like the B747 and A380, affirming our commitment to quality and reliability. 🚀 Industry Impact: Ontic’s specialized parts, combined with Boeing’s extensive distribution network, set a new standard for aftermarket support in the aerospace sector. 🤝 Mutual Growth: Both companies highlight the agreement as a milestone in their long-standing relationship, aiming for continued growth and customer satisfaction. #Boeing #Ontic #AerospaceEngineering #AviationDaily #UpendoStaffing #LoveWhatYouDo
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The complex dynamics of the aviation industry focus on the challenges faced by Boeing and Airbus and their potential solution in India. It explores the factors contributing to constrained aircraft supply, the capital-intensive nature of aircraft manufacturing, and the stringent regulatory requirements in the industry.
Aircraft Manufacturing Industry: Navigating Challenges and Opportunities
naleenchandra.substack.com
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Gulfstream forecasts fall in 2023 aircraft deliveries Gulfstream Aerospace will deliver five or six fewer aircraft this year compared with the 145 jets predicted in January 2023, according to Phebe Novakovic, chairman and CEO of Gulfstream’s parent company General Dynamics. The shortfall will trim Aerospace revenue by $200m, but be partially offset by stronger service activity, Novakovic told a second-quarter (Q2) investors’ call yesterday. The manufacturer expects to deliver 27 aircraft in the third quarter, followed by “a rapid increase” in the fourth quarter deliveries. G700 deliveries planned for the third and fourth quarters would now take place in the fourth quarter, due to certification delays. Gulfstream plans to make 19 G700 deliveries in the fourth quarter, said Novakovic. The five to six aircraft shortfall in total deliveries this year does not involve G700s, she added. Gulfstream delivered 45 aircraft – including 35 large-cabin airplanes and 10 mid-cabin models in the first six months of this year compared with 47 in the first half of last year. Deliveries in the second quarter reached 24 aircraft – two up on the same level last year. The book-to-bill ratio was 1.09x in the first half of this year compared with 1.83x in the same period of last year. Supply chain challenges are easing but continuing to impact deliveries. “Supply chain issues and past Covid labour issues have impacted operating margins, but there is relief in sight,” said Novakovic. Read the full story - including more about supply chain disruptions and General Dynamics' results - via the link. tinyurl.com/yckn8a3h #aviationfinance #privatejet #businessjets #aviationindustry
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Gulfstream 1H 2023 Results In Review I am becoming increasingly concerned that earnings statements and updates contain more spin than fact. These are public companies! Present the numbers and allow independent experts to interpret their performance! Gulfstream, for example, aren’t having a good year. Their “supply chain” excuses are wearing thin, without additional details that their shareholders deserve. Gulfstream delivered 45 aircraft for 1H 2023, down from 47 during the same period in 2022. Coming into 2023, Gulfstream were clear of delivery constraints for the G500 and G600, which should have triggered a spike in deliveries for 2023. That spike hasn’t materialised. Gulfstream have a major challenge for Q3 and Q4 2023. I see a total of roughly 35 non flight test G700 serial numbers, with Gulfstream anticipating 19 deliveries in Q4 2023. Here’s my concern: with so many G700’s in completions, it will require only minor holdups or supply constraints for Gulfstream to miss their G700 delivery target. Further, most FAA type certificates are issued with IOU’s and, frequently, post-delivery modification programs. Gulfstream will have frozen their initial production configuration. However, until they receive a TC from the FAA, there is a possibility that deliveries will be delayed, making Q4 2023 delivery targets tough to achieve! Between certification and completions risks, delivering 95 aircraft in the second half seems borderline impossible, IMHO, given a high percentage of their largest designs (G650/700). I am disappointed that non-G700 deliveries are struggling. Gulfstream are now forecasting roughly 140 deliveries for 2023, compared to an earlier full-year forecast of 145 and below the 147 deliveries recorded in 2019. Remember, 2019 deliveries included less than a dozen Gulfstream 600s, given the timing of certification. Gulfstream have reported a 1H 2023 book-to-bill ratio of 1.09, despite stable deliveries, which seems low! Order intake points to softer demand than was reported during 2021 and 2022, particularly with the G700 EIS imminent and the G400 & G800 EIS in roughly two years. I expected much stronger demand…with six models available to buyers, compared to four in 2019.
Gulfstream forecasts fall in 2023 aircraft deliveries Gulfstream Aerospace will deliver five or six fewer aircraft this year compared with the 145 jets predicted in January 2023, according to Phebe Novakovic, chairman and CEO of Gulfstream’s parent company General Dynamics. The shortfall will trim Aerospace revenue by $200m, but be partially offset by stronger service activity, Novakovic told a second-quarter (Q2) investors’ call yesterday. The manufacturer expects to deliver 27 aircraft in the third quarter, followed by “a rapid increase” in the fourth quarter deliveries. G700 deliveries planned for the third and fourth quarters would now take place in the fourth quarter, due to certification delays. Gulfstream plans to make 19 G700 deliveries in the fourth quarter, said Novakovic. The five to six aircraft shortfall in total deliveries this year does not involve G700s, she added. Gulfstream delivered 45 aircraft – including 35 large-cabin airplanes and 10 mid-cabin models in the first six months of this year compared with 47 in the first half of last year. Deliveries in the second quarter reached 24 aircraft – two up on the same level last year. The book-to-bill ratio was 1.09x in the first half of this year compared with 1.83x in the same period of last year. Supply chain challenges are easing but continuing to impact deliveries. “Supply chain issues and past Covid labour issues have impacted operating margins, but there is relief in sight,” said Novakovic. Read the full story - including more about supply chain disruptions and General Dynamics' results - via the link. tinyurl.com/yckn8a3h #aviationfinance #privatejet #businessjets #aviationindustry
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It's inspiring to see how Embraer is standing out in the market for executive jets like the Phenom 300. It's a reminder of how hard work and dedication can achieve remarkable results. #Embraer #ExecutiveAviation #Innovation
Embraer Executive Jets and Gulfstream Aerospace have garnered the largest business jet market share gains over the last 15 years, according to Jefferies Equity Research's analysis of JetNet iQ data. Embraer’s market share rose from 2.2% in 2009 to 6.8% last year, marking the largest gain of all major business jet OEMs. Gulfstream netted a rise of two percentage points, to 13.6% market share, over the 15-year period. Fleet share gains “largely came at the expense of Hawker, which fell 3.6 points, from 11.6% share in 2009 to 8% in 2023” as out-of-production midsize Hawker twinjets are retired, Jefferies explained. Hawker 900XP production ceased in 2012. Read our full report: https://lnkd.in/gHvXxCiZ
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