All Airframers articles – Page 9
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NewsSpirit AeroSystems raises doubt about continuing as a ‘going concern’
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to Boeing’s sharply reduced production rates and to other factors driving steep losses on its Airbus and Boeing programme work.
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NewsStrike ends as machinists approve new contract with Boeing
Members of the International Association of Machinists (IAM) have ratified a four-year contract with Boeing, ending a 53-day strike that cost the company billions of dollars and forced it to halt aircraft production in the Pacific Northwest.
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NewsBeta lands deposit-backed order for up to 20 aircraft from Metro Aviation
Beta Technologies has landed a deposit-backed order for up to 20 of its electric vertical take-off and landing (eVTOL) Alia A250 aircraft from medical operator Metro Aviation.
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AnalysisTariffs, mergers, missiles and SAF: what Harris and Trump policies would mean for airlines and aerospace
The US presidential election on 5 November could determine much about the next four years for US airlines and aerospace manufacturers, leaving firms possibly facing major new policy shifts – or continuation of the status quo.
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NewsAirbus expects to sign Spirit work-package acquisition contract before year-end
Airbus aims to sign a contract by the end of this year for the acquisition of work packages currently managed by US firm Spirit AeroSystems. The airframer previously signed a detailed binding term sheet setting out its plans to take over the A350 fuselage production in North Carolina and St ...
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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
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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.
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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.
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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.
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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.
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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.
