Bank of America lowered its price target for Airbus from EUR 259 (USD 300.62) to EUR 255 (USD 295.98), while maintaining a ‘Buy’ rating, citing rising aluminium supply costs. The price revision follows supply disruptions linked to strikes by Iran, which damaged aluminium plants in the United Arab...
December 1 witnessed the Airbus AIR market shares dropping 6 per cent due to a quality-control problem in the aluminium fuselage panels on a large number of A320 jets. This resulted in the uncertain conditions currently faced by the affected fleet until the issue is resolved. Image for referential...
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Kaiser Aluminum Corporation (Nasdaq:KALU) today announced it has reached agreement in principle with Airbus to supply aluminum plate and sheet for use in the production of commercial aircraft. The multi-year agreement is subject to definitive documentation, will commence upon the completion of the...
Aluminum giant Alcoa (H5 F220) is here exhibiting a fuselage section manufactured with advanced aluminum-lithium alloy sheet that was stretch-formed on existing tooling by Spirit Aerosystems’ factory in Wichita, Kansas. U.S.-based Alcoa is targeting the next generation of single-aisle aircraft...
Aluminum producer Alcoa Inc has developed a new generation of alloys and technologies it says can lower the weight of airliners by up to 10 percent and improve fuel efficiency even more. "The alloys are mostly new and revolutionary for the industry," said Eric Roegner, president of Alcoa's Forgings...
Worldal reported that the choice of non metallic composites on the latest crop of jumbo jets doesn’t spell the loss of aluminum’s dominant role in commercial aircraft production. According to an Alcoa Inc executive, the choice of non metallic composites on the latest crop of jumbo jets doesn’t...
...Recently Airbus and parent company EADS signed purchasing frame agreement on supplying aluminium plates and aluminium profile with Southwest Aluminum Group Co., Ltd. Southwest Aluminium Group Co.,Ltd will manufacture and provide aluminium plates and aluminium profile for Airbus and parent...
...Recently Southwest Aluminium of Chinalco signed purchasing frame agreement on supplying aluminum and aluminium alloy materials for Airbus and the Parent company, EADS. The event marked that Southwest Aluminium once again became the supplier for the world’s another aviation giant European...
...Southwest Aluminum Group signed an aluminum procurement contract with Airbus and EADS for the manufacture and supply of aluminum plate. The China-based supplier’s products will initially supply Airbus’ single-aisle and long-range families...
...Produced at the request of international aerospace group Airbus, this novel process, which has resulted in the lodging of several patents, involves pre-marking spots with laser. A high degree of precision is required in order to position the dots: this was a challenge for Laselec, which the...
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...Laselec has recently developed a marking process specially designed for aluminum wire. Produced at the request of Airbus, this new process uses laser technology to pre-mark dots. Because the crimp contacts for aluminum wire are waterproof and have no openings, the dots are required to ensure...
