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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Airbus, the world's largest manufacturer of airliners, renews the aluminium rolled products supply contract with AMAG Austria Metall AG, which positions the company to capitalize on escalating aircraft production rates and an expanded market presence. Over the upcoming years, the aluminium...
For many years, the aircraft and aerospace industries have heavily depended on using aluminium alloys. The pioneering aircraft would not have been able to achieve flight without applying aluminium alloys in their engines. The Sputnik satellite, launched by Soviet Russia (presently Russia),...
Aluminium is a prevalent material employed across various aerospace applications, finding its place in a wide range of components, including aircraft fuselages and engine parts. Its remarkable strength, low weight, and corrosion resistance make it an exceptionally well-suited material for the...
Montana Tech Components AG, established in 2006, with headquarters in Reinach, Switzerland, is the parent company of Montana Aerospace AG, VARTA AAG and Aluflexpack AG. Montana Aerospace, headquartered in Switzerland, has acquired quite a good name for its business in recent years. This counterpart...
One of the biggest consumers of energy and raw materials is the aviation sector, where aluminium plays a vital role for its lightweight and tensile properties. With the protocols implemented by the Paris Environment Act 2015, the world is moving toward a greener future as many big firms like...
According to a report on Monday, June 19, AMAG Austria Metall AG has yet again received the ‘Accredited Supplier’ award from Airbus. It is a supreme award that the European aircraft manufacturer presents to its suppliers, and AMAG is the only aluminium rolled products supplier to have received this...
Oerlikon AM and Airbus have prominently commercialised the 3D printing technology for producing precisely engineered antenna clusters that will be used in communication satellites orbiting Earth. This denotes a significant achievement in their ten-year alliance, resulting in a €3.8 million deal to...
Constellium SE, a NYSE-listed company, is all set to participate in the 54th edition of the Paris Air Show. The event, which will be held from June 19-25 at the Paris Le Bourget Exposition Centre, is one of the most prestigious events for the international space and aviation sectors. Constellium...
Lafayette, Indiana, is home to the world's largest aluminium-lithium facility, Alcoa's Casting House. The plant, which cost $90 million and took two years to construct, is situated on a 170-acre, multi-building plot. According to the World Record Academy, it sets the world record for being the...
Strata Manufacturing (STRATA), in partnership with the Mohammed Bin Rashid Space Centre (MBRSC), has achieved a significant milestone by producing a satellite component made of aluminium honeycomb panels locally for the first time. This collaboration demonstrates the UAE's technological progress...
Aluminium is a 100% recyclable and sustainable metal in the industry. It is well known to us that recycling aluminium emits 95% less energy than producing it from raw materials. Regarding linkages, aluminium and its applications in the aircraft sector have a long history. The links extend back to...
In a recent development, it has been notified that the Tata and Airbus collaboration will give rise to the production of transport carriers in Vadodara, Gujarat. The Chairman of Tata Sons, the Tata Group, N Chandrasekaran, proudly announced that the company will now be able to create indigenous...
A recently formed segment of the Airbus Group, Airbus Atlantic began producing lithium-aluminium components for the initial parts of its new A350F freighter model at the Nantes facility in France. This is the first stepping stone in the formation of a new aircraft and is essentially addressed as...
The end-user aluminium sector has been busy with innovations this week, with USA’s Airbus launching the DisruptiveLab, a helicopter for testing flight-like simulations which flaunts aerodynamic aluminium and composite fuselage especially created to decrease drag and fuel consumption. Ball...
Recently, Airbus went on to launch DisruptiveLab, a new helicopter to test flight technologies for enhancing aircraft performance and decreasing the carbon footprint left by helicopters. The helicopter features aerodynamic aluminium and composite fuselage specifically made to reduce drag and...
The additive manufacturing (AM) industry faces multiple problems during the research and development phase of any product for which it is trying hard to acquire better raw materials for the process. SLM Solutions and Elementum 3D have forged a partnership wherein the agencies will develop premium...
Aircraft interior solutions provider Bucher has consigned the first set of fully customized galleys and stowages to Airbus Toulouse for their integration into the new Virgin Atlantic A330-900neo. However, on 16 th October 2022, the airline took delivery of the first aircraft. The Crawley,...
AMAG Austria Metall AG and Thyssenkrupp Aerospace have been partners since the beginning of AMAG's aviation history. During the coming year, the strong cooperation will be extended for another six months through a new supply contract. Through AMAG, Thyssenkrupp Aerospace has secured the supply of...
