All Airframers articles – Page 3
-
NewsBoeing sweetens offer to striking machinists
The International Association of Machinists and Aerospace Workers (IAM) says it will vote on Boeing’s latest contract offer on 4 November.
-
NewsHonda cleared by FAA to begin eVTOL demonstration flights
A division of Honda appears set to begin flight testing a scaled-down prototype of an unmanned electric aircraft, though few details about the development programme are known.
-
NewsAirbus chief insists airframer not ‘doomed’ to backloaded deliveries
Airbus chief executive Guillaume Faury acknowledges that the airframer is again having to cope with a heavily-backloaded fourth quarter, but views it as a consequence of trying to ramp-up production while addressing unexpected disruptive events.
-
NewsAirbus proposes MTU head Wagner to succeed Scherer as commercial aircraft chief
Airbus has proposed MTU Aero Engines chief Lars Wagner to succeed Christian Scherer as the head of the airframer’s commercial aircraft business.
-
NewsAirbus maintains production ramp-up targets as supply-chain issues persist
Airbus is maintaining its full-year delivery estimate and its longer-term production ramp-up targets, although it states that supply-chain issues remain a concern.
-
NewsIndonesia’s TransNusa operates longest ARJ21 flight
Indonesian carrier TransNusa Airlines has operated the longest ARJ21 commercial flight, deploying the Comac regional jet on flights between Manado and Guangzhou.
-
NewsBoeing continues accepting Leap-1B deliveries despite machinists’ strike
CFM International has continued delivering Leap-1B engines to Boeing during the ongoing machinists’ strike, leading to the airframer accumulating an excess inventory of the powerplants.
-
NewsNasdaq stock exchange to delist Lilium following insolvency filings
The Nasdaq stock exchange will halt trading of financially embattled air taxi developer Lilium’s shares after 5 November, a move coming in response to insolvency filings for two of the German company’s main subsidiaries.
-
NewsBoeing seeks to raise $19bn via stock sale amid cash crunch
Amid concerns that Boeing does not have enough cash on-hand to support operations, the US airframer disclosed on 28 October a public offering of 90 million shares, plus $5 billion of depository shares.
-
NewsTextron trims 2024 financial estimates due to machinists’ strike, delivery slowdown
Executives cut $500 million off Textron Aviation’s expected 2024 revenue following month-long walkout by machinists
-
NewsMoody’s thinks Boeing still has negotiating room with union as cash crunch continues
Boeing faces the prospect of losing billions more dollars in the fourth quarter and may need to accelerate efforts to raise cash after machinists on 23 October voted down another of the company’s contract offerings.
-
NewsMachinists’ strike to continue as union rejects Boeing’s new contract proposal
Boeing’s largest labour union has again rejected a revised contract proposal that promised a larger wage increase over a four-year period.
-
NewsProduction troubles push Spirit AeroSystems to $447m loss in third quarter
Aerostructures producer Spirit AeroSystems lost $477 million in the third quarter of 2024 due largely to significant charges taken by the company against several of its financially troubled aircraft programmes.
-
NewsFAA’s eVTOL rule sets safety ‘baseline’ but flight limitations remain unclear
While electric aircraft manufacturers insist they are close to certificating their designs, uncertainty abounds about operating limitations and how the aircraft will be integrated into complex airspace.
-
NewsJoby’s front-row seat to historic FAA rule signing ‘exciting final chapter before operations’
Joby Aviation’s electric air taxi was positioned front-and-center as Michael Whitaker, head of the Federal Aviation Administration, signed in Las Vegas a historic rule establishing a new class of “powered lift” aircraft.
-
NewsBoeing chief: Change and stability essential to create ‘path to next commercial aircraft’
Boeing’s chief executive Kelly Ortberg has stressed that the company needs fundamental cultural change, and cannot embark on new aircraft development until it has stabilised its business and improved programme execution. Ortberg spoke as the airframer – pressured by strike action, programme delays and charges, and quality-control issues – turned ...
-
NewsLilium stays course toward certification, eyes US sales amid financing search
The chief commercial officer of German electric aircraft developer Lilium is urging investor patience as the company seeks additional financing after recently losing a German loan guarantee.
-
In depthFAA finalises rule establishing new class of ‘powered lift’ aircraft to enable commercial air taxis
Clearing the way for a new class of “powered lift” aircraft to get off the ground, the Federal Aviation Administration (FAA) on 22 October released a finalised rule outlining operational and pilot-training requirements for the burgeoning electric air taxi sector.
-
NewsNew Airbus-commissioned reports highlight heightened role for business jets
Business aviation’s annual contribution to the US economy is expected to climb by over $50 billion within five years, bringing the industry’s annual input to $183 billion.
-
NewsTextron Aviation reveals launch customer, completes first flight of CJ4 Gen3 light jet
A “longtime Cessna Citation enthusiast” is lined up to become the launch customer for Textron Aviation’s first CJ4 Gen3 light business jet, which flew for the first time in early October.