Airframers – Page 81
-
NewsSpirit AeroSystems aims for 10-monthly 737 rate in early 2021
Spirit AeroSystems intends to produce 737 fuselages at a rate of 10 monthly starting in January 2021 – a rate that would allow the company to burn down its inventory of finished fuselages.
-
NewsSpirit AeroSystems reports $156m Q3 loss
Wichita-based aerostructures manufacturer Spirit AeroSystems lost $156 million in the third quarter of 2020 amid tumbling revenue resulting from the dual pressures of the pandemic and Boeing 737 Max grounding.
-
NewsTrump or Biden: How might aerospace fare?
How might a Joe Biden presidency impact the aerospace sector differently than another four years with President Donald Trump in the White House?
-
NewsSafran targets 2024 for Leap delivery rebound
Safran is hopeful that deliveries of CFM International Leap engines can return to 2019 levels by 2024, although it stresses that this hinges on the ramp-up of the Boeing 737 Max.
-
NewsLeap deliveries more than halved so far this year
Deliveries of CFM International Leap engines more than halved across the first nine months of the year, falling to 622 against 1,316 in the same period a year earlier. French aerospace giant Safran, which is a 50:50 partner in the CFM joint venture with GE Aviation, says 172 Leap engines ...
-
NewsMitsubishi imposes ‘temporary pause’ on SpaceJet; certification work continues
Mitsubishi Heavy Industries (MHI) will further trim the budget of its troubled SpaceJet programme and “temporarily pause” most related activities, as it mulls a “possible programme restart”. Releasing its medium-term business plan for its 2021-23 fiscal years, MHI adds that it will, however, still carry on with type certification documentation ...
-
NewsAirbus delivers 500th China-built A320 to China Southern
Airbus has delivered the 500th Airbus A320 family aircraft built in its Tianjin plant in China, more than a decade after the Chinese final assembly line began operations. The aircraft, an A320neo registered B-30FX, went to China Southern Airlines. It is equipped with CFM International Leap-1A engines and is configured ...
-
NewsTextron Aviation posts Q3 loss but aims to turn profitable in Q4
Textron Aviation lost $29 million in the third-quarter, but executives predict the aircraft manufacturer will regain profitability in the final quarter of 2020.
-
NewsEmbraer tweets picture of conceptual turboprop, hints at potential design
Embraer has released an image of what appears to be a conceptual turboprop aircraft with a fuselage seemingly borrowed from the company’s E-Jet.
-
NewsMTU confident on Airbus rate-rise readiness
German propulsion specialist MTU believes it can cope with any Airbus narrowbody production rate increase next year without the need for additional investment.
-
NewsBoeing CEO downplays 737 production-site shift, office space cuts coming
Boeing’s chief executive has downplayed the likelihood that the company might move 737 manufacturing from Renton to Everett as part of a broader corporate-wide restructuring.
-
NewsKalitta to be launch operator of 777-300ERSF converted freighter
Kalitta Air will be the first airline to operate the Boeing 777-300ERSF, a converted freighter being developed by lessor GECAS and Israel Aerospace Industries (IAI).
-
NewsBoeing assessing technologies for next commercial jet: CEO
Boeing continues working toward development of a new commercial aircraft, though chief executive David Calhoun has disclosed few details.
-
NewsBoeing revises 2021 737 Max delivery pace, reflecting depressed demand
The company now anticipates that next year it will deliver about half of the 450 Max it stockpiled amid the type’s grounding, chief financial officer Greg Smith says on 28 October.
-
NewsBoeing sticks to 2022 777X delivery goal as CEO warns of schedule ‘risk’
Though Boeing continues working toward delivering the first 777-9 in 2022, the company’s chief executive has warned about potential further changes to the timeline.
-
NewsBoeing sees nine-month losses balloon to $3.5 billion
Boeing lost $466 million in the third quarter of 2020, bringing the company’s losses in the first nine months of 2020 to $3.5 billion.
-
NewsThird-quarter profits tumble at GE Aviation on sliding engine sales and aftermarket work
GE Aviation saw third-quarter operating profit plunge by 79% year on year, to $356 million, amid tumbling demand for aircraft engines and aftermarket services.
-
NewsBoeing aims for nearly 20% staff cuts by end-2021
Boeing anticipates finishing 2021 with 130,000 employees, roughly 19% fewer than the 161,100 it had in 2019.
-
NewsMore aircraft production rate cuts coming? Perhaps, analysts say
Some financial analysts suspect airframers might further cut aircraft production in 2021 owing to the depth of the pandemic-driven aerospace downturn.
-
NewsChina to sanction Boeing Defense, Raytheon and Lockheed Martin over Taiwan weapons sale
China plans to sanction Boeing Defense, Raytheon and Lockheed Martin over a possible $1.8 billion Foreign Military Sales package for Taiwan.