All Aerospace articles – Page 180
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NewsChina poses short and long-term challenges for US aerospace
Economic vulnerability in China, coupled with a potential trade war between China and the United States, as well as the short-term but massively disruptive effects of the new coronavirus are some of the biggest risks the global aviation and aerospace industry faces at the start of the new decade.
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NewsGMF AeroAsia undecided on private placement
GMF AeroAsia remains undecided on plans for a private share placement, even as a two-year deadline draws close. In March 2018, shareholders gave their approval to issue 2.82 billion new shares, about 10% of total shares. Of this, around 2.33 billion shares will be issued to a strategic investor selected ...
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In depthNervous uncertainty seeps into the aerospace industry
A potential global recesssion, political instability, trade conflicts, the ongoing crisis at Boeing and a pandemic in Asia are all contributing to nervous uncertainty in the aerospace industry.
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NewsBombardier discussing sale of business jet unit to Textron: reports
Bombardier is discussing a potential sale of its business jet unit to Textron, according to reports, a move that if completed would catapult Textron into the large-cabin business jet segment and mark another divestiture by once-mighty Bombardier.
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NewsSIAEC incorporates engine overhaul joint venture with GE
SIA Engineering and GE Aviation have incorporated their engine overhaul joint venture which will provide MRO services for the GE90 and GE9X engines. This comes about two years after the pari inked an agreement with the intention to set the joint venture up. Plans to form the joint venture were ...
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NewsSingapore air show remains on track, says organiser
The organiser of the Singapore air show has reaffirmed that the show will proceed as planned, amid concerns about the novel coronavirus outbreak. Experia Events notes that Singapore’s Ministry of Health (MOH) presently rates the virus at DORSCON (Disease Outbreak Response System Condition) ‘Yellow.’ This means that while the disease ...
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NewsEtihad sells A330 and 777-300ER fleets to Altavair and KKR
Etihad Airways has agreed to sell its fleet of Airbus A330s and Boeing 777-300ERs to Altavair AirFinance and private equity firm KKR, in a deal valued at $1 billion.
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NewsSpirit AeroSystems replaces finance chiefs after accounting mishap
US aerostructures firm Spirit AeroSystems is having to deal with further pressure after it replaced its chief financial officer and a vice-president over an accounting mishap. Chief financial officer Jose Garcia and vice-president John Gilson, principal accounting officer, have resigned in the wake of the findings, which followed a review ...
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NewsBoeing still deciding which market segment its next aircraft should target
Boeing is assessing which segment of the commercial aircraft market it should actually address with its next aircraft development programme, suggesting options other than its proposed New Mid-market Airplane (NMA) may be on the table. Speaking during Boeing’s 2019 earnings call on 29 January, chief executive David Calhoun also insists ...
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NewsBoeing will need a ‘few years’ to recapture previous 737 Max production rate plans
Boeing anticipates its 737 Max production rate will return to previously expected levels several years after the company restarts Max production, which could come within the next several months.
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NewsBoeing to reduce 787 production to 10 aircraft per month in 2021
Boeing has announced another 787 production rate cut, saying it plans to lower output of the widebody to 10 aircraft monthly by early 2021.
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NewsBoeing estimates 737 Max crisis will cost $18.6 billion
Boeing now pegs the financial impact of the 737 Max grounding at $18.6 billion, including estimated costs associated with concessions to customers and disruption to the now-halted production line.
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NewsPratt & Whitney works to clear GTF retrofit backlog
Pratt & Whitney is still working through a retrofit effort to fix the three major issues afflicting PW1000G-series engines, but expects the activity to be concluded this year.
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NewsUnited Technologies sees 90-day 737 Max production halt
United Technologies (UTC) forecasts that Boeing will suspend production of the 737 Max for around 90 days, then start building the narrowbody again at a rate of 21 aircraft per month.
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InterviewAmy Ruddock is helping Virgin Atlantic cut its carbon
As vice-president corporate development for Virgin Atlantic, Amy Ruddock is responsible for driving the carrier’s sustainability agenda via strategy, London Heathrow airport expansion and public affairs
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NewsBoeing’s 777X takes to the skies
After two thwarted attempts, Boeing’s flight test 777X lifted off from Paine Field on 25 January.
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News777X first flight video stream
Boeing’s first 777X flight-test aircraft has lifted off from Paine Field, north of Seattle, kicking off a certification campaign for the twinjet family. Source: Boeing Lift-off: the first 777-9 test aircraft becomes airborne The 777-9 took off on 25 January, a day after gusting winds and poor ...
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NewsTailwinds keep 777X from making maiden flight
After a several-hour tarmac hold, Boeing scrapped the planned first flight of its 777X on 24 January due to high winds.
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OpinionWhy jet stalwart Embraer is embracing the turboprop
If the stars align, the world could have the first all-new large turboprop passenger aircraft for four decades within five years.
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NewsEviation Alice prototype damaged by electric fire in Arizona
An electric system fire significantly damaged a prototype of Israeli company Eviation Aircraft’s in-development, all-electric Alice aircraft at an Arizona airport on 22 January.