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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<p>Constellium N.V. will present its wide range of aerospace solutions, including the latest innovations in its Airware technology, at the International Paris Air Show from June 19 to 23, 2017. Constellium will also reveal an interactive and immersive experience of its aerospace offerings...
<p>Arconic announced today that the installation of its new manufacturing technology – the Very Thick Plate Stretcher (Stretcher) – is complete. The Stretcher produces highly-differentiated aerospace and industrial plate. The investment in the Stretcher is backed by customer contracts,...
<p>India's leading aerospace precision engineering and manufacturing company Aequs announced at the recently ended Aero India 2017 in Bengaluru that it will invest INR500 crore for setting up a dedicated facility for Indian defence production at Tuem, Goa. The multi capability manufacturing...
<p>The Leipold Group has started producing turned parts for the aviation industry which has allowed the Wolfach based manufacturer to expand its portfolio into a new sector. Behind this decision lies a new partnership with the aviation industry supplier GMT. Although Leipold is a newcomer to this...
<p>Constellium N.V. announces today that three of its researchers were awarded the Medal of the Academy by the Air and Space Academy (AAE) for their achievement in developing groundbreaking Airware® aluminium solutions. The AAE aims to encourage the development of high-quality scientific,...
<p>Chinese company Nanshan Aluminum will supply aerospace-grade aluminium plate to Boeing, taking a key step in accessing the global market. Nanshan will use the contract as a foundation for expanding its plate business, and expanding into aluminium extrusions and aluminium and titanium forgings,...
<p>Precision engineering and advanced manufacturing leader Arconic today announced a multi-year contract with Airbus valued at approximately $1 billion. The contract gives Arconic aluminum sheet and plate an unprecedented position on Airbus’ highest volume programs.</p> <p style="text-align:...
<p>A Chinese aluminium mill in Zhenjiang belonging to Aleris, U.S. is now ready to participate as a supplier of more advanced products to Airbus. This is a part of the company’s strategy to shift its focus to higher value added products in the aerospace sector.</p> <p><img...
<p>Alcoa Samara, Russia's largest producer of fabricated aluminium products and VSMPO-AVISMA, the leading titanium producer, have joined hands to work on the technology of aluminium-titanium bonding to produce large, high-end metal alloy parts for use in aircraft manufacturing. The joint venture,...
<p>Romanian company Alro has won a contract to supply aluminium to Airbus for manufacturing its aircrafts. Alro, a subsidiary of Vimetco group announced the news on Friday. The agreement will continue for a number of years and will be starting in 2017.</p> <p>Commenting on this partnership Alro CEO...
<p>AMAG, a leading supplier of high-quality aluminium cast and flat rolled products in Austria for a number of industries like aerospace, automotive, sports equipment, lighting, mechanical engineering, construction and packaging has reported the results of H1 2016.</p> <p>Highlights:</p> <p> ...
<p>Aleris has enetred into a new multi-year contract with Airbus to supply a range of aluminium products such as plate and sheet for use in the making of all Airbus aircrafts. The contract, to be effective from 2017 onward, also includes the supply of high-end wing skin material by Aleris.</p>...
AMAG, a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products for highly varied industries such as the aircraft, automotive, construction and packaging industries, announced the signing of a multiyear supply contract with Airbus in Toulouse, where AMAG will...
The students of CREC Academy of Aerospace and Engineering are building an RV-12, a light-sport aircraft out of aluminium. The experimental two-seater airplane, being built as a summer project, will be kept at Brainard Airport on completion. Advanced aluminium alloy technologies, including the...
A British Recycling and restoring company run by father- daughter team of David and Emily Palmer artfully restores a chunk of an aircraft body meant for scrapping. David, who has already been associated with aviation industry through his business of IT recycling, has realized that that most of the...
Siemens researchers have developed a new type of electric motor that, with a weight of just 50 kilograms, delivers a continuous output of about 260 kilowatts – five times more than comparable drive systems. This record-setting propulsion system successfully completed its first public flight today...
Airbus’ 3D printed mini plane, THOR, featuring aluminium wings, drew much attention at the ILA Berlin Air Show just a couple weeks ago. The unmanned aircraft, made almost entirely from 3D printed parts (except for its electrical components), was successfully flown this past November and has marked...
Magellan Aerospace earlier this month announced a contract extension between Magellan Aerospace UK and Airbus for the supply of aluminium and titanium structural wing components. The contract, valued at about C$700 million, includes precision machined details and assemblies for use in the Airbus...
