Reading Time: 3 minutes The Airbus Group reported a 50 percent dip in net profits for the first quarter of 2016 with net income of €399 million ($444 million), compared with €792 ($895 million). While the decline in net income can partly be explained by one-off items, the European company warned of further significant cost issues on both the […]
Reading Time: 3 minutes Ground testing is underway on the first full GE9X development engine, which is the world’s largest commercial aircraft engine, at GE Aviation’s Peebles Testing Operation. “The entire GE9X team—from engineering to sourcing to value streams to development assembly—devoted countless hours to enable this achievement to occur,” said Bill Millhaem, general manager of the GE90/GE9X engine […]
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