All aerospace news – Page 163
-
NewsChorus Aviation agrees to lease two Dash 8s to hopeful US start-up Connect Airlines
Canadian aircraft lessor Chorus Aviation Capital has reached deals to lease two De Havilland Canada Dash 8-400 turboprops to the company working to launch a US carrier called Connect Airlines.
-
NewsSpirit AeroSystems loses $135m in Q2, citing new 787 issue
Spirit AeroSystems lost $135 million in the second quarter of 2021, reflecting reduced production of aircraft components and a $46 million forward loss on the company’s Boeing 787 work.
-
NewsBoeing 737 Max en route to China for certification work
A Boeing 737 Max 7 took off from Seattle on 4 August and is headed to China, where the jet will participate in work related to that country’s 737 Max certification, an industry source says.
-
NewsSingapore weighing up SAF use and production
Singapore is reviewing the operational and commercial viability of using and producing sustainable aviation fuels (SAF).
-
NewsUS business travel could hit 80% of 2019 levels by end-2022, pandemic effects could last longer: report
US corporations’ travel spending will likely inch up to 25-35% of 2019 levels by the end of 2021 and up to 80% by the end of 2022 – though full recovery depends on how significantly the pandemic changed corporations’ view of business travel.
-
NewsSouth Korea tweaks pilot training amid weak hiring demand
South Korea has tweaked its pilot training programme, in response to the prolonged coronavirus pandemic, which has dampened hiring prospects.
-
NewsUS export bank backs Turkish Airlines’ $833m purchase of Boeing jets
The USA’s export-credit agency has agreed to guarantee $833 million in financing for the acquisition by Turkish Airlines of an undisclosed number of Boeing 737 Max and 787s.
-
NewsParker Hannifin to acquire Meggitt as aerospace merger activity resumes
Aerospace mergers are back, with US manufacturer Parker Hannifin revealing plans to nearly double the size of its aerospace systems business by acquiring UK-based aerospace company Meggitt for £6.3 billion ($8.8 billion) in cash.
-
NewsGMF AeroAsia eyes profitable 2021 as full-year losses widen
GMF AeroAsia hopes to capture a larger share of non-aviation maintenance work in the medium term, as it targets a return to profitability this year.
-
NewsBombardier reaches deal with union three days into Downsview strike
Three days after a strike began, Bombardier has reached an employment deal with the union representing employees at its Global business jet manufacturing site in the Downsview section of Toronto.
-
In depthGE Aviation ‘buttoning up’ Catalyst flight approvals, eyes applications besides Beechcraft’s Denali
GE Aviation is awaiting European certifications needed to begin flight testing its Catalyst turboprop, and aims to achieve first flight – which was to have occurred last year – in the coming months.
-
NewsLeonardo aims to finish first AW609 tiltrotor production example by end of 2021
The initial commercial rotorcraft is in final assembly at the manufacturer’s Philadelphia facility.
-
NewsHybrid airship developer HAV to float in IPO
Hybrid Air Vehicles (HAV), the designer of the Airlander 10 hybrid airship, is to seek a US public listing backed by a $200 million stake from investment firm Global Emerging Markets (GEM).
-
NewsStrong defence sales offset Leonardo’s flagging civil aerostructures business
Civil aerostructures was the only brake on growth in a strong first half for Italian aerospace and defence champion Leonardo.
-
NewsProfit jumps in second quarter at Textron Aviation as aircraft demand rebounds
Textron Aviation’s profits jumped in the second quarter to $96 million as the company’s aircraft deliveries neared pre-pandemic levels.
-
NewsUK aviation regulators and accident investigators extend remit to spaceflight
UK civil aviation regulators and accident investigators are to extend their authority to the spaceflight sector under a new broadening of their remit. Under the new regime the Civil Aviation Authority has initiated a system allowing commercial spaceflight companies – with a variety of launch vehicles – to apply for ...
-
NewsBritten-Norman to sell on former UK military Islanders
Rolls-Royce-powered turboprop BN2T-4S has been in service with armed forces since 2004, and nine examples will be refurbished and offered to export market by manufacturer.
-
NewsAirbus chief hints at frustration over supplier concerns with A320 ramp-up
Airbus chief executive Guillaume Faury has revealed signs of irritation over apparent supplier concerns with single-aisle ramp-up targets, stressing that the airframer has been transparent over its production-rate plans. The airframer brought monthly A320-family production down to just 40 aircraft last year but is intending to take this output to ...
-
NewsSafran cautions on Airbus production targets
French group’s chief executive believes airframer’s aspiration to be building more than 70 single-aisle aircraft a month by the middle of the decade may be over-ambitious.
-
NewsProspects pick up for Safran’s interiors business after low point
French aerospace company believes first half of the year was a trough for its cabin products division.