Airbus increases hydrogen innovation with UK centre
Aviation Engineering & Leasing News

Aerospace companies top UK innovation funding

Aerospace companies make up 4 of the top 5 recipients of funding from Innovate UK, the UK government’s national innovation agency. Rolls-Royce, which makes aerospace engines, heads the list having received a total of £688,544,903.68 in funding from Innovate UK. The Derby-based manufacturer is developing ways to make aviation more [read more]

Ryanair Boeing 737 8-200
Aviation Engineering & Leasing News

Ryanair signs SAF deal to cut CO2

Budget airline Ryanair (FR/RYR) has signed a deal with Vienna-based OMV to supply 160,000 tonnes of Sustainable Aviation Fuel (SAF) at airports across Austria, Germany and Romania. The deal will give access to 53million gallons of SAF enabling the airline to save 400,000 tonnes of CO2, equivalent to 40,000 flights. [read more]

Boom Overture Supersonic Airliner
Aviation Engineering & Leasing News

Rolls-Royce withdraws from Boom supersonic project

Derby-based aero engine manufacturer Rolls-Royce has withdrawn from the Boom Overture supersonic airliner saying it had completed its contract with the project. Rolls-Royce was one of several jet engine manufacturers helping Boom with engineering studies and had signed a two-year cooperation agreement with the US company. Unlike other engine manufacturers, [read more]

Airbus A321XLR Complete
Aviation Engineering & Leasing News

Airbus CFO set to leave the company in 2023

Airbus’ Chief Financial Officer (CFO) Dominik Assam, (53) is set to leave the European aerospace giant in 2023 after four years in the position. Mr Assam has played a key role in the company and helped to position Airbus into the strong global position it finds itself in. Airbus CEO [read more]

Manston Airport (Image: James Stewart/Wikimedia/CC BY-SA2.0)
Aviation Engineering & Leasing News

Manston Airport given go-ahead by Secretary of State

A new air freight and passenger hub at the former Manston Airport (MSE/EGMH) has taken a step closer today after the Secretary of State granted a Development Consent Order clearing the way for Riveroak Strategic Partners to build a new airport on the Kent site. A £300 million investment from [read more]