Airbus SE reported strong Full-Year (FY) 2018 consolidated financial results and delivered on its guidance for all key performance indicators. As of 1 July 2018, the A220 aircraft programme has been consolidated into Airbus. Net commercial aircraft orders totalled 747 (2017: 1,109 aircraft), including 40 A350 XWBs, 27 A330s and 135 A220s. Showing the underlying health of the market, the order backlog reached an industry record of 7,577 commercial aircraft at year-end, including 480 … [Read more...] about Airbus reports strong Full-Year 2018 results
Eutelsat Corporate First Half 2018-19 Results
The Board of Directors of Eutelsat Communications, chaired by Dominique D’Hinnin, reviewed the financial results for the half-year ended 31 December 2018. Key Financial Data 6M to Dec. 2017 Restated 6M to Dec. 2018 Change P&L Revenues - €m 688.1 658.1 -4.4% “Operating Verticals” revenues 675.9 660.4 -2.3% “Operating Verticals” revenues at constant currency and perimeter 669.9 653.8 -2.4% EBITDA- €m 546.2 518.4 -5.1% EBITDA … [Read more...] about Eutelsat Corporate First Half 2018-19 Results
Kerry Logistics Introduces IoT Solution to Global Supply Chain with Smart Sensor
Kerry Logistics Network Limited brings Internet of Things (IoT) to practice in international shipments with the introduction of smart sensor which enables total supply chain visibility and sophisticated security measures. With real-time information available on the digital supply chain, Kerry Logistics is able to provide timely and useful data to international customers for agile decision making and response to achieve ultimate supply chain optimisation. The sensor-based logistics solution … [Read more...] about Kerry Logistics Introduces IoT Solution to Global Supply Chain with Smart Sensor
Satellite building on an entirely new scale
Airbus’ Friedrichshafen site has opened Europe’s most state-of-the-art satellite integration and space technology centre, known as the Integrated Technology Centre (ITC). The ITC, which triples the area of clean room space to 4,200 m2, is dedicated to building satellites, probes, space instruments and experimental technologies. The centre took only two years to build at a total cost of approximately €45 million. With dimensions of 70 x 60 metres and a ceiling height of up to … [Read more...] about Satellite building on an entirely new scale
Sky & Space Global raises $12 million
UK company Sky and Space Global Ltd has received signed binding commitments for raising $12 million in a two-tranche share placement to investors as part of its $15 million fundraising effort, the company announced. The placement is priced at $0.03 per share and is conditioned on the lodgement of the prospectus. The funds are to be used to facilitate the launching of the first batch of the company’s Pearls constellation nano-satellites network. The launch with Virgin Orbit is due to take place … [Read more...] about Sky & Space Global raises $12 million
SpiceJet inducts 10 Boeing 737 MAX8 aircraft
SpiceJet inducted 10 of Boeing's newest and most-advanced 737 MAX8 aircraft, in addition to five of the new 90-seater Q400's and two freighters. The airline flew to eight new destinations and opened another nine routes under UDAN or the regional connectivity scheme flying more than 19 million passengers in the calendar year. Between October and December 2018, there has been an addition of 16 brand new planes which equals to 30 per cent expansion of the fleet. The brand also achieved one of … [Read more...] about SpiceJet inducts 10 Boeing 737 MAX8 aircraft
