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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Constellium and TARMAC Aerosave have unlocked a new milestone in aerospace recycling and sustainability for end-of-life aircraft. The initiative titled 'The successful recycling and remelting of aluminium from end-of-life aircraft into high-performance material ready for future aerospace...
Spirit AeroSystems Holdings, Inc. [NYSE: SPR] announced that Spirit has entered into a definitive agreement with Airbus SE to transfer ownership of certain assets and sites involved in the production of Airbus aerostructures to Airbus. The divestiture of these assets is expected to close...
Emirates is preparing to launch its brand-new Airbus A350 aircraft in India on Republic Day, January 26, 2025, a commemoratory date in the Indian calendar. This launch on Republic Day is a token of appreciation for its Indian customers, paying respect to the Indian Republic. The noteworthy debut...
Baowu Aluminum Hot Rolling Plant has achieved a significant milestone with the successful trial rolling of its first batch of 7-series alloy coils. Targeting high-value aerospace applications, the plant overcame complex challenges with new processes, ultimately achieving a successful trial roll of...
According to the intellectual property records of Tianyancha, Shandong Nanshan Aluminium has been granted a patent titled "A Product of Al-Mg-Cu Series Aluminum Alloy L Profile with High Stress Corrosion Resistance for Large Aircraft and Its Manufacturing Method." The patent was applied with the...
China-based Baowu Aluminum has obtained the AS9100 aerospace quality management system certification. This certification grants the company access to the aviation materials market and marks an essential step towards entering the global civil aerospace industry. The AS9100 certification is among the...
On April 17, 2024, Constellium announced that its Issoire facility in France received the ‘Accredited Supplier’ award from Airbus, the highest recognition in the Airbus Supply Chain & Quality Improvement (SQIP) program. Constellium is a global leader in developing and manufacturing high-value-added...
Senior, the renowned technology components manufacturer, clinched two pivotal contracts with Airbus SAS and Airbus Atlantic, reinforcing its stature as a reliable partner for major original equipment manufacturers. Senior proudly announced a multi-year contract extension with Airbus, focusing on...
In the recent aviation incident at Tokyo's Haneda airport involving the Japan Airlines Airbus A350, the resilience of the aircraft's composite structure, comprising 53% composite materials, has come into sharp focus. The collision with a smaller plane resulted in a fierce blaze, marking the first...
Emirates has utilised upcycled aluminium material sourced from retrofitted aircraft to create a distinctive capsule collection comprising luggage, bags, and accessories. The repurposed materials have been extracted from unexpected sources, such as aluminium headrests, resulting in an impressive...
Aluminium components have gained significant attention in the aerospace sector as manufacturers look for ways to leverage the benefits of 3D printing. Airbus Helicopters, for instance, has inaugurated its 3D printing centre in Donauwörth, where it has installed TRUMPF systems to enhance its...
On October 25, 2023, the American multinational corporation and leading global aerospace company Boeing announced its Q3 results, revealing a loss of $1.64 billion for the period ending on September 30, attributed to reduced deliveries of its top-selling aircraft. The company also revised down its...
AMAG Austria Metall AG has reported its latest financial results till September 30, 2023, highlighting stable earnings with revenue above EUR 1 billion, even amid global inflation and decelerating aluminium prices. Although the revenue during the first nine months of 2023 saw a drop of 15.6 per...
Aluminium boasts a rich and triumphant legacy within the aerospace sector. The Wright brothers, pioneers of aviation, made a groundbreaking decision in 1903 by selecting aluminium as the primary material for crafting the cylinder block and other engine components for their inaugural human-crewed...
In 2023, the industrial metal markets, including aluminium, experienced a year marked by prolonged waiting and uncertainty. The shadow of elevated interest rates has affected the world economy, and the eagerly anticipated rebound in demand from China, particularly in its real estate sector, has yet...
Alro, one of the largest vertically integrated aluminium producers in Europe in terms of production capacity, has recently announced that it has signed a new multi-year agreement with Airbus, a leading aircraft manufacturer. Under the terms of the contract, Alro will supply aluminium flat-rolled...
Novelis, a leading sustainable aluminium solutions provider and world leader in aluminium rolling and recycling, has officially announced the renewal of its longstanding partnership with Airbus. This contract renewal marks the continuation of their highly successful and collaborative relationship,...
Airbus Helicopters has recently announced its collaboration with TRUMPF for the use of its 3D printing technology to produce titanium and aluminium components for its helicopter vehicles and Airbus aircraft. In this partnership, TRUMPF will supply multiple metal 3D printing systems to Airbus...
