HONG KONG - Airbus and the Cathay Group announced a joint investment of up to US$70 million to accelerate the development of sustainable aviation fuel (SAF) production in Asia at the IATA World Sustainability Symposium.

Under the terms of the partnership, the two companies will collaborate to identify, evaluate and invest in projects that support the scaling of SAF production towards 2030 and beyond. Projects will be assessed based on their commercial viability and technological maturity, along with their potential for long-term offtake.

The joint commitment also includes collaboration to advocate for government policies that support SAF adoption across Asia. Airbus says the region offers high potential in feedstock supply, production capacity, and a busy aviation market,

Airbus and Cathay have a long-standing partnership dating back to 1989, when the airline signed its first order for Airbus aircraft. Today, the Cathay Group operates 86 Airbus aircraft with over 70 more on order for future delivery.

Source: Airbus
Associated URL: https://www.airbus.com/en/newsroom/press-releases/2025-10-airbus-and-cathay-form-co-investment-partnership-for-scaling

ARLINGTON, Va. -- For the third quarter of 2025, RTX reported sales of $22.5 billion up 12 percent versus $20.1 billion in the prior year. Net income was up 30 percent to $1.9 billion compared to $1.5 billion in the third quarter of 2024.

"Strong execution in the third quarter enabled us to deliver double-digit organic sales growth* across all three segments and our sixth consecutive quarter of year-over-year adjusted segment margin expansion*," said RTX Chairman and CEO Chris Calio. "We also received $37 billion of new awards in the quarter, reflecting robust global demand for our products and supporting long-term growth for RTX."

"Based on our year-to-date performance and ongoing demand strength, we are raising our full year outlook for adjusted sales and EPS. We remain focused on executing on our $251 billion backlog and increasing our output to support the ramp across critical programs, while investing in next-generation products and services that meet the needs of our customers."

For 2025, RTX now expects adjusted sales of $86.5 - $87.0 billion, up from $84.75 - $85.5 billion.

INDUSTRY SEGMENTS

Collins Aerospace

Collins Aerospace third quarter 2025 reported and adjusted sales of $7,621 million were up 8 percent versus the prior year. Excluding the impact of divestitures, the increase in adjusted sales was driven by a 16 percent increase in commercial OE, a 13 percent increase in commercial aftermarket and a 6 percent increase in defense. The increase in commercial OE sales was driven primarily by higher volume on narrowbody platforms. The increase in commercial aftermarket sales was driven by growth in parts and repairs and retrofit activity. The increase in defense sales was driven by higher volume across multiple programs and platforms, including the Survivable Airborne Operations Center.

Collins Aerospace reported operating profit of $1,260 million was up 19 percent versus the prior year. Reported operating profit included a gain on the sale of the actuation and flight control business. On an adjusted basis, operating profit of $1,194 million was up 9 percent versus the prior year. Drop through on higher commercial aftermarket, defense, and commercial OE volume and lower R&D expense more than offset the impact of unfavorable commercial OE mix and higher tariffs across the business.

Pratt & Whitney

Pratt & Whitney third quarter reported and adjusted sales of $8,423 million were up 16 percent versus the prior year. The sales growth was driven by a 5 percent increase in commercial OE, a 23 percent increase in commercial aftermarket, and a 15 percent increase in military. The increase in commercial OE sales was driven by higher volume in large commercial engines and favorable mix in Pratt Canada, while the increase in commercial aftermarket was driven by higher volume in both large commercial engines and Pratt Canada. Military sales were driven by the F135 program, including higher volume associated with the Lot 18 contract award in the quarter.

Pratt & Whitney reported operating profit of $751 million was up 35 percent versus the prior year. Adjusted operating profit of $751 million was up 26 percent versus the prior year. The increase was driven by drop through on higher commercial aftermarket and military volume which more than offset the impact from increased large commercial OE deliveries, higher SG&A expense, and higher tariffs across the business.

Raytheon

Raytheon third quarter reported and adjusted sales of $7,045 million were up 10 percent versus the prior year. This increase was driven by higher volume on land and air defense systems, including international Patriot as well as higher volume on naval programs, including multiple classified programs, SM-6, and Evolved SeaSparrow Missile.

Raytheon reported operating profit of $859 million was up 33 percent versus the prior year primarily driven by favorable program mix, including international Patriot, improved net productivity, and higher volume. Adjusted operating profit of $859 million was up 30 percent versus the prior year.

Source: Forecast International
Associated URL: www.rtx.com

CASABLANCA - French aerospace firm Safran will open a new €200 million ($233 million) LEAP engine production facility in Casablanca, Morocco, to support growing global demand for CFM International’s LEAP engines, which power the Airbus A320neo, Boeing 737 Max, and Comac C919. Scheduled to be operational by the end of 2027, the site will complement Safran’s existing Villaroche facility in France and will have the capacity to produce up to 350 engines per year.

This expansion is part of a broader strategy to increase annual LEAP engine output to 2,500 units by 2028, aligning with Airbus and Boeing's plans to ramp up single-aisle aircraft production.

The announcement came during the launch of a separate €120 million LEAP maintenance center, also located in Casablanca, which will service up to 150 engines annually starting in 2027. Safran’s CEO, Olivier Andries, emphasized the company’s commitment to supporting Morocco’s growing aerospace sector and strengthening its local industrial base. In addition to the new facilities, Safran is also expanding three other operations in the country, including its Aerosystems site in Tiflet.

Source: Flightglobal
Associated URL: https://www.flightglobal.com/aerospace/safran-to-support-leap-ramp-up-with-new-moroccan-engine-production-line/164951.article
Author: David Kaminski-Morrow