Image credits: Farnborough International Airshow
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Weekly Roundups

Farnborough International Airshow 2022 Grabs the Spotlight

By Antonio Gozain | Fri, 07/22/2022 - 09:00

This week, Queretaro Governor Mauricio Kuri González, state officials and private sector leaders attended the Farnborough International Airshow 2022 in the UK to promote aerospace projects in the state.

Jointly with Spanish Aernnova, Kuri presented the expansion plans and operations update that the company will carry out in Queretaro. Aernnova’s facilities in Queretaro supply the empennage of the Bombardier Canadair Regional Jet and other aircraft. Kuri assured that the state government and UNAQ are ready to support Aernnova in its new expansion projects.

 

Buckle up! This is the Week in Aerospace!

 

Aeroméxico Will Delist its Shares

Aeroméxico continues its restructuring process under Chapter 11, which includes the cancellation of its listing with the Mexican Stock Securities Exchange as agreed by the General Assembly of Extraordinary Shareholders Meeting held on June 27, 2022.

The airline informed of “the obligations under the Rights Agreement Registration (RRA) signed by the Company with its former creditors and investors, now shareholders, and approval to delist and, subsequently, cancel the registry of the shares of Aeroméxico before the National Securities Registry.”

Airbus to Expand Operations in Queretaro

During the Farnborough International Airshow 2022, Airbus Helicopters signed a cooperation agreement with the government of Queretaro to expand Airbus’s industrial activities in Mexico, informed the French company. The new industrial expansion will generate 200 new jobs and support the increase in the production of doors for single-aisle aircraft. 

“We are excited about this project that will surely boost the development of our region. Airbus has been a great ally of Queretaro for many years and we want to maintain and grow the great relationship between both parties,” said Kuri.

Boeing, Airbus Secure Farnborough Orders as Sector Stabilizes

While Airbus added to its A320neo order book during this week’s Farnborough Airshow, Boeing has been cranking out order announcements, reported Reuters. The US planemaker secured over 100 firm orders for the Max despite the challenges it faced to certify a crucial new variant before a year-end deadline. Meanwhile, France’s Airbus confirmed a deal for 56 A320neo jets for Swiss airline easyJet.

GE Presents CO2 Emission Reduction Technologies

During this week’s Farnborough Airshow, General Electric presented its newest digital experience and announced an investment of US$1.6 billion on aviation research, development and emissions-reducing technologies as part of its 2050 objective to be net-zero. The company aims to become one of the leaders of the net-zero initiative in the aviation industry.

The data used in this article was sourced from:  
MBN, Reuters
Antonio Gozain Antonio Gozain Journalist and Industry Analyst