Airframers – Page 103
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News
AVIC Aircraft Q3 profits soar despite lower revenue
AVIC Aircraft recorded a third-quarter operating profit of CNY130 million ($18.5 million), an increase of nearly 35% year-on-year.
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Opinion
Lion Air crash shows whole safety system under strain
Hours after the Indonesian inquiry into Lion Air’s fatal Boeing 737 Max crash published its sobering findings, the US Federal Aviation Administration reassured that it was reviewing the proposed changes to the embattled twinjet’s design. “The aircraft will return to service only after the FAA determines it is safe,” insisted ...
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News
Spirit AeroSystems sees Bombardier deal as path to new markets
Spirit AeroSystems views its pending purchase of Bombardier's aerospace businesses as a means to acquire more Airbus work, expand its footprint into lower-cost regions and acquire high-tech, composite manufacturing assets.
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News
Embraer delivers 44 jets in third quarter
Brazilian planemaker Embraer says it delivered 44 aircraft in the third quarter of 2019, including its first new flagship E195-E2, to launch customer Azul, bringing total deliveries in 2019 to 117 aircraft.
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News
Spirit AeroSystems secures another discount on Asco purchase
Spirit AeroSystems will now pay $420 million to purchase Belgium aircraft component shop Asco, having secured a further $184 million discount due to ongoing fallout from a cyberattack against Asco earlier this year.
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News
Bombardier keeps 2019 delivery goal as 7500 production ramps up
Bombardier remains confident it will reach its goal of delivering 175 to 180 aircraft in 2019, though the Montreal-based airframer must significantly boost aircraft handoffs to achieve that goal.
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News
Qantas dismisses 'alarmist' union call to ground 737s
Qantas has hit back at its engineers' union's "alarmist" call to ground its entire fleet of Boeing 737-800s, after one of them was found to contain structural cracks.
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News
Muilenburg tells lawmakers he will not resign as Boeing CEO
Boeing chief executive Dennis Muilenburg says he has no plans to resign his post despite widespread speculation that his days atop the world's largest aerospace company are numbered due to the ever-deepening 737 Max crisis.
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News
Boeing CEO denies knowing of troubling emails and defends safety culture
Boeing's chief executive told lawmakers on 29 October that he was unaware until recently of newly-disclosed instant messages in which Boeing's former chief technical pilot described concern about the function of the 737 Max's Maneuvering Characteristics Augmentation System (MCAS) and said he unknowingly lied to regulators.
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News
Embraer’s growth tied to health of Latin American economies
Brazilian planemaker Embraer sees its future success in Latin America closely tied to the region’s economic prosperity and political stability as its current customers, both in its home country as well as amongst its Latin American neighbors, mull their next metal move.
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News
Czech Republic signs up to NATO tanker effort
The Czech Republic has become the sixth country to join NATO’s multinational tanker fleet following the signature of a memorandum of understanding in Brussels on 24 October.
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News
FAA pulls licence of shop that repaired crashed 737 Max's sensor
The US Federal Aviation Administration has revoked the aircraft repair station licence held by Xtra Aerospace, the Florida shop that repaired the angle-of-attack (AOA) indicator investigators say contributed to the 2018 crash of a Lion Air Boeing 737 Max.
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Analysis
Why Boeing faces 'worst crisis' in its history
Boeing remains the world’s largest aerospace company by revenue, but its lead over number two Airbus shrank further on 23 October with a third quarter financial report riddled with challenges, among them tumbling revenue, the 737 Max crisis, 777X delays, a 787 production rate cut and unresolved KC-46A quality issues.
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News
Boeing earns $1.2bil profit by relying on defence & services
Boeing squeaked out $1.2 billion in net earnings for the third quarter of 2019, despite a $40 million loss from operations in its commercial airplanes division.
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News
Boeing profit plummets as 737 Max crisis deepens
Boeing’s profit in the third quarter fell by more than half as the company continues to suffer from fallout following the global 737 Max grounding.
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News
Druk Air takes first ATR 42-600
Bhutan flag carrier Druk Air has taken delivery of its first ATR 42-600, which has been fitted with a new enhanced vision system.
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News
Boeing’s Kevin McAllister resigns amid growing 737 Max crisis
Kevin McAllister, Boeing’s commercial aircraft chief since 2016, has become the first management casualty of the ongoing 737 Max drama which has grounded all of the next-generation aircraft for the past eight months after two accidents killed 346 people.
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News
Bombardier brings big data to business aviation
Bombardier is to offer to install a health monitoring unit (HMU) in every Global and Challenger free of charge, as part of an initiative to bring the growing world of big data to business aviation.
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News
P&W Q3 profit rises 15% on aftermarket sales
Pratt & Whitney's third-quarter operating profit rose 15% year-on-year to $471 million on growth in its military and commercial aftermarket as well as due to cost reduction for its geared turbofan (GTF) engine programme and favorable commercial OEM mix.
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News
Reports say SpaceJet programme facing fresh delays
First delivery of the Mitsubishi Aircraft SpaceJet M90 may be facing further delay - the programme's sixth so far - according to reports in the Japanese media.