(AOF) – On the occasion of the publication of its provisional half-year results, Figeac Aéro reiterated its annual objectives. For its current financial year, which will end at the end of March 2022, the aeronautical equipment manufacturer is still targeting a turnover of between 250 and 300 million (i.e. growth between 22.2% and 46.6%), a current EBITDA double digits and positive free cash flow.
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The long way to the plane of the future
European Commissioner Thierry Breton wants to launch an alliance for “zero emission aviation” in order to prepare the necessary investments, identify possible obstacles and promote public-private partnerships. This alliance would be part of the European “Destination 2050” roadmap, with in particular the commitment to reduce CO2 emissions from air transport by 50%. The launch by Airbus of a first “zero emission” airliner from 2035 will be one of the flagship projects. A clear framework for the use of commercial aircraft operating on 100% biomass fuels, called biofuel, or hydrogen must be established. According to the European Aviation Safety Agency (EASA), the devices are currently only certified to fly with 50% biofuel.