Aerospace Metals lead ATI’s Q4 Earnings

Subscription Required By Chris Sloan Feb. 1, 2024, © Leeham News: Aerospace continued its upward trajectory share of Allegheny Technologies’ overall business, the metals marker reported in its fourth-quarter earnings call. “We made significant progress toward our strategy… Read More

GE Aerospace’s Q4 and FY 2023 Earnings Draw Analyst’s Short-Term Shrugs and Long-Term Cheers

By Chris Sloan Jan. 23, 2024, © Leeham News – GE Aerospace’s last earnings season before morphing into a pure play engine maker ended on a disappointing note for some analysts. “Aero results were a bit short of… Read More

RTX FY and Q4 2023 Earnings: Pratt GTF Propulsion Prognosis Improves, Collins Enjoys Widebody Renaissance Tailwinds

By Chris Sloan Jan. 23, 2024, (c) Leeham News: RTX, the parent company of Pratt & Whitney and Collins Aerospace, reported during its fourth-quarter earnings call slivers of good news in the GTF program, which enters its ninth… Read More

Airbus posts record orders in 2023, meets delivery target despite challenges

By Tom Batchelor January 11, 2024, © Leeham News: Airbus exceeded its target for aircraft deliveries last year and achieved a record number of orders despite what it called a “complex” and “volatile” operating environment, according to the… Read More

SR Technics navigates surge in MRO demand, bridge to new-gen engines

Subscription Required By Judson Rollins November 13, 2023, © Leeham News: On the sidelines of last month’s Aviation Week MRO Europe conference, LNA sat down with Matthias Düllmann, CEO of engine MRO provider SR Technics. Düllmann spoke at… Read More

Immense Commercial Airframe Shipments Growth Supercharges ATI’s Q3 Earnings

By Chris Sloan Nov. 1, 2023, © Leeham News: Aerospace and Defense (A&D) revenue increased to a company record of 61% of airframe material maker ATI’s Q3 sales, up from 51% a year ago – firmly on its… Read More

MTU posts upbeat earnings report despite €1bn GTF hit

Subscription Required By Gordon Smith Oct. 30, 2023, (c) Leeham News: MTU Aero Engines has confirmed its guidance for 2023 and posted higher adjusted sales and earnings in the third quarter. The numbers are the first reported by… Read More

Q3 Earnings: GE Aerospace “Leaps” Forward With Stellar Results, Pure Play Powerplant Provider On Track for Q1 2024

By Chris Sloan Oct. 24, 2023, © Leeham News – GE spooled up high-thrust third-quarter earnings with consensus-topping results in sales, margins, and EPS in all three of its segments, led by Aerospace. The engine-marker delivered double-digit growth… Read More

RTX Q3 Earnings: Pratt GTF Powder Contamination Problem Guidance Largely Unchanged, But Big Questions Loom

By Chris Sloan Oct. 24, 2023, (c) Leeham News: “I believe we have our arms around the operational and financial impacts of the powdered metal issue,” said Greg Hayes, RTX Chairman and Chief Executive Officer, during today’s third… Read More

MRO demand, pricing power near record levels: great for providers, painful for operators

Subscription Required By Judson Rollins October 24, 2023, © Leeham News: In aviation’s topsy-turvy post-Covid recovery, one group of companies faces a near-perfect storm of positive developments: maintenance, repair, and overhaul (MRO) service providers and their suppliers. Source:… Read More