All aerospace news – Page 155
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NewsPiaggio details requirements for revived sales process
Would-be bidders for Piaggio Aerospace will have to submit development or turnaround plans as part of their initial expressions of interest in the Italian airframer, according to documents relating to the planned sale of the business.
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NewsMelrose to focus on growing GKN Aerospace as it steers clear of further acquisitions
Turnaround specialist Melrose Industries has ruled out further acquisitions in the near term as it looks to realise further value through the transformation of GKN Aerospace – the sole company remaining in its portfolio.
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NewsIHI aerospace revenue sees strong recovery in FY2022
The Aero engine, Space, and Defense business of Japanese conglomerate IHI saw its FY2022 revenues nearly double on increased demand for aircraft engines and spare parts.
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NewsAir NZ to launch bunk-bed concept on New York, Chicago flights
Air New Zealand has unveiled more details about its “game changer” economy class sleep pod product – including price, configuration and which routes it will be deployed on – as it prepares for a 2024 service entry.
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NewsBoeing lands 17 787 orders in April
Boeing last month landed new orders for 17 787 widebodies as demand for the long-haul jets continued to rebound.
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NewsRyanair’s O’Leary has ‘high’ confidence in Boeing’s recovery
Ryanair chief executive Michael O’Leary thinks Boeing is well on its way to recovering from supply chain troubles and expresses confidence the manufacturer will deliver newly ordered 737 Max 10s on time.
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NewsWisk and Japan Airlines partner to certificate and operate air taxis
US air taxi developer Wisk and Japan Airlines (JAL) have partnered to bring Wisk’s in-development air taxi through certification in Japan, with a goal of eventually launching passenger flights there.
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NewsEHang eyes 2023 CAAC certification; civilian flights underway
Chinese electric vertical take-off and landing (eVTOL) company EHang aims for Civil Aviation Authority of China (CAAC) type certification for its EH216 aircraft this year, as it builds out its early user base.
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NewsSIA Engineering flags slowing recovery despite receding pandemic
SIA Engineering (SIAEC) has warned that the pace of recovery in 2023 “is expected to be slower” than the past year, noting that wider economic challenges will have “downstream impact” on MRO providers.
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NewsTextron Aviation delays Denali’s certification until 2025
Textron Aviation has again delayed certification of its clean-sheet single-prop Beechcraft Denali, saying slower-than-planned certification of the type’s GE Aerospace Catalyst engine forced another timeline push back.
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NewsNascent AAM sector chips away at key challenges
The realisation of the Advanced Air Mobility (AAM) vision faces challenges, but industry players are confident that these can be gradually overcome.
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NewsJoby reports Q1 loss, will issue $180m in stock to long-term investor
Electric air taxi start-up Joby Aviation has entered an agreement to issue $180 million of common stock to long-term Joby investor Baillie Gifford, providing a cash infusion as the company pushes to certify its aircraft.
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NewsAAM sector eyes the long-term for investment returns
While the Advanced Air Mobility (AAM) industry is far from mature, the investment climate around the sector is maturing, with returns only likely in the 2030s.
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NewsP&W letter to Go First reveals detail about strained supply chain
A recent letter from Pratt & Whitney (P&W) to Indian airline Go First reveals more detail about the tight supply of PW1100G spare engines and related equipment.
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NewsFlightcrew unions seek to squash talk of ‘reduced-pilot’ operations
Pilot unions have come out swinging against what they call a campaign by Airbus and other manufacturers to promote regulatory changes allowing a single pilot to be alone in commercial aircraft cockpits during certain flight phases.
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NewsSupply-chain hitches ‘no excuse’ for aircraft delivery delays: Air Lease
US lessor Air Lease is not prepared to let airframers blame the supply chain for aircraft delivery delays, with executive chairman Steve Udvar-Hazy insisting that the manufacturers’ problems are “self-inflicted”. Speaking during a first-quarter briefing, Udvar-Hazy said Airbus and Boeing were increasing production rates across their single-aisle and long-haul ranges ...
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NewsVertical delays VX4 certification until 2026 and predicts industry-wide ‘timeline correction’
Vertical Aerospace has pushed back the expected certification date of its VX4 electric vertical take-off and landing aircraft by around one year until the end of 2026 following an internal review of the process.
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NewsLilium starts latest windtunnel test campaign using 40%-scale Lilium Jet
Lilium has begun windtunnel tests of a 40%-scale model of its electric vertical take-off and landing Lilium Jet.
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NewsMilitary helicopter sales push Leonardo first-quarter order intake higher
Leonardo’s helicopter division produced a strong first quarter of 2023, with two large military deals helping to lift the Italian aerospace champion’s order intake by more than 25% on the same period a year earlier.
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NewsSeats among constraints backloading A350 deliveries
Airbus’s widebody delivery profile for the year will be heavily backloaded to the second half, with seat supply among the bottlenecks with which the airframer is having to cope. The manufacturer handed over just five A350s in the first three months of the year – to Starlux Airlines, Turkish Airlines, ...