Airbus showcased the A321XLR at FIA2024 (Image: UK Aviation Media / John Moore)
Engineering and leasing news

Airbus reports strong performance amid challenges in 2024 half-year results

Airbus SE has announced its financial results for the first half of 2024, showcasing solid performance despite facing significant challenges. The company reported consolidated revenues of €27.7 billion, up 12% from the previous year, driven by increased aircraft deliveries and favorable exchange rates. The operating profit rose to €2.6 billion, [read more]

Hexagons Digital Factory Solution creates Digital Twins of a production line
Engineering and leasing news

Hexagon launches factory optimisation solution at FIA 2024

Hexagon launched a range of solutions at the Farnborough International Airshow 2024 including a new solution to boost production and increase efficiency by planning and managing factories and shop floors using up-to-date digital twins. The Digital Factory solution allows production companies to use virtual layouts, workflows, and sites to ensure [read more]

Airbus ZEROe concept aircraft
Engineering and leasing news

Airbus and Avolon partner to investigate commercialising Hydrogen aircraft

Dublin, Ireland-based aircraft leasing specialist Avolon has announced it is partnering with Airbus through its ZEROe project to explore the financing and commercialisation of Hydrogen-powered aircraft. The announcement came at the Farnborough International Airshow and highlights the ambitions of both partners to meet the industry’s decarbonisation goals. Avolon is already [read more]