All aerospace news – Page 250
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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).
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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.
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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.
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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 ...
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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.
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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 ...
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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.
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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.
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NewsHAECO completes first 737-800 freighter conversion
HAECO’s Xiamen unit has completed its first Boeing 737-800 freighter conversion.
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NewsAirbus to base new A350 freighter ‘predominantly’ on -1000 variant
Airbus indicates that its proposed A350 freighter derivative will be a light hybrid of its current variants but primarily based on the -1000. It is aiming for a 2025 entry into service for the twinjet, after the company secured board approval for its development, but the airframer is yet to ...
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NewsAirbus board approves A350 freighter development
Airbus has secured board approval to develop a freighter version of the A350, as the airframer prepares for a commercial aircraft production ramp-up in the second half. Chief executive Guillaume Faury says the company is “enhancing our product line” with the A350 freighter derivative following the approval. “[We are] responding ...
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NewsAs profits jump, Gulfstream prepares to hike deliveries, tackle G700 certification difficulties
After earning a $195 million profit in the second quarter, General Dynamics’ aerospace division – which is anchored by business jet maker Gulfstream – is preparing to boost deliveries in the second half in response to improving demand.
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NewsBoeing needs new emissions-compliant freighter, 777X variant is ‘logical’ choice: CEO
Boeing’s chief executive views a freighter version of the 777X as a logical next aircraft programme for the Chicago-based airframer, noting Boeing will need a cargo jet that complies with looming aircraft emission standards.