All aerospace news – Page 171
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NewsAirbus promises to be ‘voice of reason’ in face of eVTOL hype
Airbus Helicopters intends to be the “voice of reason” in the emerging market for electric vertical take-off and landing (eVTOL) aircraft, arguing that the industry is making too many unrealistic promises about service entry.
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NewsTextron Aviation’s 2022 profit jumps as supply chain troubles disrupt production
Textron Aviation turned a $584 million profit in 2022, a year in which parts shortages held up production even as demand for new business aircraft remained strong.
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NewsUS approval for H160 expected in 2023: Airbus Helicopters chief
US certification of the Airbus Helicopters H160 could finally be obtained this year – almost three years behind the type’s initial validation by European regulators.
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NewsCommercial and defence programmes push Boeing to $5.1bn 2022 loss
Boeing lost $5.1 billion in 2022 as lacklustre performance from its commercial aviation division combined with its defence business swinging into the red.
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NewsEDGE invests in Israeli UAV ATM specialist
UAE defence group EDGE is buying a $14 million stake in an Israeli specialist in air traffic management (ATM) technology for unmanned air vehicles.
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NewsFaury laments imbalance of US-European space-launch capabilities
Airbus chief executive Guillaume Faury has expressed concern over the disparity between European and North American space launch capability, during an event in London. He spoke at the social event – attended by several members of the UK’s parliament, as well as business figures – on 24 January. Participation in ...
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NewsIndia’s Akasa Air picks AFI KLM E&M for component, APU support
Indian start-up Akasa Air has selected Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) for component and APU maintenance support.
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NewsCollins’ aircraft interiors business faces long road to recovery
Collins Aerospace’ aircraft interiors business is lagging the company’s broader recovery due to the slow return of demand for international long-haul air travel.
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NewsFlat sales in 2023, return to growth in 2024 for Lockheed Martin
Inflation and supply chain headwinds continue to challenge the defence manufacturer, but company executives say new contracts and better than expected defence funding in the USA will drive a return to growth in 2024.
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NewsGuardia di Finanza takes first skid-equipped AW169M
Italy’s Guardia di Finanza law-enforcement body has received its first of an eventual six skid-equipped Leonardo Helicopters AW169Ms.
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NewsRaytheon to combine military systems businesses and names Calio president
Raytheon Technologies has disclosed plans to consolidate two defence-focused divisions, reoganising its business into three divisions with Christopher Calio as its next president.
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NewsShortages of P&W engine components to continue through most of 2023
Availability of complex metal components used to produce aerospace turbofans will likely remain constrained through most of this year.
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NewsGE Aerospace’s 2022 profit jumps as recovery continues
GE Aerospace’s 2022 profit jumped 66% year-on-year to $4.8 billion, partly reflecting a bump in revenue from commercial aviation parts and aftermarket services sales.
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NewsFAA certificates Britten-Norman’s BN2T-4S, nearly 30 years after UK approval
The Federal Aviation Administration has certificated Britten-Norman’s BN2T-4S Islander turboprop, a move that comes decades after European authorities greenlighted the type.
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NewsLOT, Smartwings also challenging US government’s 737 Max settlement with Boeing
A legal battle over Boeing’s 2021 settlement of 737 Max-related fraud charges continues playing out in US court, with two European airlines accusing Boeing of failing to abide by the deal.
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News2Excel to disband The Blades aerobatic display team
The UK’s 2Excel Aviation has called time on its aerobatic display team The Blades, citing factors such as global economic pressures and the reduced number of domestic air shows for creating “an unsustainable business model”.
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NewsKaman axes K-Max helicopter citing poor growth prospects
Kaman is to end production of its distinctive K-Max on the back of low demand and low profitability for the single-engined heavy-lifter.
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NewsIsraeli firm to supply 777-8 freighter’s main cargo door
Israeli firm Elbit Systems is to supply the large main-deck cargo door for the Boeing 777-8 freighter, under an aerostructures agreement with the US airframer. Elbit will also supply cargo doors for the current 777F. It will provide the structures through its wholly-owned Eblit Systems-Cyclone subsidiary, the company states. “This ...
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NewsIl-114-300 engine certified as derivative for TVRS-44 takes shape
Russian authorities have certified the engine for the modernised Ilyushin Il-114-300, while the manufacturer is developing derivative test powerplants for a proposed future turboprop. The Klimov TV7-117ST-01 engine is being combined with a six-blade propeller for the Il-114. Federal air transport regulator Rosaviatsia has issued a type certificate for the ...
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NewsUS judge faced with request to rescind Boeing’s immunity from 737 Max prosecution
A US Federal judge is faced with deciding whether to lift Boeing’s immunity from criminal prosecution related to two 737 Max crashes that killed 346 people.