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 global leader in civil aircraft manufacturing, has made a decidedly different kind of vehicle: a 3D printed motorcycl with a frame made from melted minuscule aluminium alloy particles. Created by Airbus subsidiary APWorks, the vehicle weighs in at just 35kg and is powered by a six...
Karnataka-based aircraft component maker Aequs Aerospace has entered into an agreement with All Metal Services Limited (AMS), a subsidiary of Reliance Steel and Aluminum Company, to manufacture aerospace materials and applications in Belgaum. The facility will provide various metals, including...
Magellan Aerospace announced an agreement today between Magellan Aerospace (UK) Ltd and GKN Aerospace for a contract extension to deliver precision aluminium and titanium components and assemblies to GKN Aerospace's Filton facility where complex wing structures are manufactured and assembled for...
Constellium N.V. today reported results for the first quarter ended March 31, 2016. The company began 2016 with solid first quarter results. Revenues for the first quarter of 2016 were €1.2 billion, a decrease of 17 per cent from €1.4 billion in the first quarter 2015, primarily driven by lower...
Airbus and Fokker Technologies are partnering for research on automated production of fiber metal laminate (FML), lightweight layers of aluminium and glass fiber. Early FML, also called Glare, was used on the upper fuselage and the vertical stabilizer of the Airbus A380. Automated production and...
Constellium N.V. announced today that it has signed a contract with Airbus to support all of their leading aircraft programs. The agreement – currently under Airbus Group Corporate approval - further solidifies Constellium’s longstanding partnership with Airbus and confirms its position as a...
The aerospace industry growth trajectory reflects a strong aircraft demand in the foreseeable future. This will drive demand for aluminium alloys over the long term. The worldwide commercial passenger and cargo aircraft fleet, as well as the annual number of passengers, are forecast to double over...
Shandong Nanshan Aluminum, a large Chinese vertically integrated aluminium processor, is aiming to become one of the global top ten aerospace aluminium materials suppliers, China Securities reported. The company had strategic cooperation with famous aircraft manufacturers, like Boeing and Airbus in...
Barnshaw Metal Bending has supplied Aim Engineering, a manufacturer of bespoke tooling for composite aerospace components, with rolled metal sections to replace press-formed components that had started to crack. The start of the manufacturing process for many aerospace components is the production...
Lightweight metals leader Alcoa has signed an approximately $1 billion contract with Airbus for high-tech, multi-material aerospace fastening systems. The deal is Alcoa’s largest fastener contract ever with the aircraft manufacturer. Alcoa’s fasteners fly on every Airbus platform. “Our growing...
Airbus has reached the final stages of regulatory reviews over a plan to use lithium ion batteries for backup and starting power on the A350-900, says executive vice-president of engineering Charles Champion. But well-publicised safety problems with lithium ion batteries on the Boeing 787-8 and...
Satna Ana-based forging company Aluminum Precision Products, founded in 1965, will celebrate its 50-year anniversary in October. As the aerospace industry took off back then, APP opened its doors to booming opportunities. It started out as an 8,000 square foot plant with 10 employees and now has 21...
Aleris announced today that its rolling mill in Zhenjiang, China has attained qualification to supply aluminum aerospace plate to Boeing. This achievement establishes Aleris as a qualified supplier of aluminum plate from its Zhenjiang mill for use in the production of various Boeing aircraft....
Lightweight, high-performance metals leader Alcoa today announced that it has completed the acquisition of privately held TITAL. Alcoa closed the transaction, which was announced on December 15, 2014, after receiving all of the required global regulatory approvals. TITAL is a leading manufacturer...
At Aero India 2015, Premium AEROTEC received the first aluminium series components from Aequs Aerospace as part of a long-term agreement to supply the Airbus Legacy programme. "For Premium AEROTEC this is the start of a strategic partnership with Aequs Aerospace and reflects an important step we...
The University of Sheffield Advanced Manufacturing Research Centre (AMRC) will lead a new £6 million European-funded project to develop an advanced lightweight alloy for the aerospace industry. The MMTech project involves manufacturers and research institutions from across Europe, including two...
A new horizontal machining centre with 10-pallet pool is slashing throughput times for aerospace and automotive components. Subcontract machinist BCW has installed the Japanese-built Okuma MB5000H machine to add capacity for producing high precision components for the aerospace, automotive and...
Aleris announced today that its new rolling mill in Zhenjiang, China has attained qualification to supply aluminum aerospace plate to Airbus. This achievement establishes Aleris as a qualified supplier of aluminum plate from its Zhenjiang mill for use in the production of various Airbus aircraft....
