All aerospace news – Page 71
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NewsReaction Engines to close as cutting-edge SABRE fails to advance
UK advanced propulsion developer Reaction Engines is to close down after it collapsed into administration having failed to secure additional funding.
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NewsAirbus expects to sign Spirit work-package acquisition contract before year-end
Airbus aims to sign a contract by the end of this year for the acquisition of work packages currently managed by US firm Spirit AeroSystems. The airframer previously signed a detailed binding term sheet setting out its plans to take over the A350 fuselage production in North Carolina and St ...
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NewsBeta betters balance sheet with Series C funding as loan extends Eve’s cash runway
Two of the big players in the emerging advanced air mobility sector have announced fresh financial backing against the backdrop of a tight fund-raising environment and the insolvency proceedings at one of their rivals.
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NewsSJ-100 flight-test campaign awaits PD-8-powered prototypes
United Aircraft acknowledges that it is having to work its way around delays to the domestically-built Aviadvigatel PD-8 engine as its progresses with flight-testing the Yakovlev SJ-100. The SJ-100 is a version of the Superjet 100 adapted to feature a higher proportion of Russian-build components and systems. These include PD-8 ...
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NewsHAECO looks to grow Comac MRO capabilities
HAECO and Comac have signed a memorandum of understanding to expand airframe, engine and component MRO services.
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NewsBoeing sweetens offer to striking machinists
The International Association of Machinists and Aerospace Workers (IAM) says it will vote on Boeing’s latest contract offer on 4 November.
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NewsHonda cleared by FAA to begin eVTOL demonstration flights
A division of Honda appears set to begin flight testing a scaled-down prototype of an unmanned electric aircraft, though few details about the development programme are known.
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NewsAirbus chief insists airframer not ‘doomed’ to backloaded deliveries
Airbus chief executive Guillaume Faury acknowledges that the airframer is again having to cope with a heavily-backloaded fourth quarter, but views it as a consequence of trying to ramp-up production while addressing unexpected disruptive events.
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NewsAirbus proposes MTU head Wagner to succeed Scherer as commercial aircraft chief
Airbus has proposed MTU Aero Engines chief Lars Wagner to succeed Christian Scherer as the head of the airframer’s commercial aircraft business.
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NewsAirbus maintains production ramp-up targets as supply-chain issues persist
Airbus is maintaining its full-year delivery estimate and its longer-term production ramp-up targets, although it states that supply-chain issues remain a concern.
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NewsLilium sale process kicks off as self-administration goes ahead
Insolvency and restructuring experts from Gorg and Pluta Rechtsanwalts will shortly begin seeking buyers for Lilium’s main operating units following their appointment to the German firms under a self-administration process.
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NewsTAI hands over first T625 Gokbey helicopter
Turkish Aerospace (TAI) has delivered the first T625 Gokbey helicopter, part of a launch order for 20 examples from Ankara for the new medium-twin.
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NewsFinnair shows off revamped E190 cabin interiors
Finnair has shown off a cabin revamp on its Embraer 190s, which the Nordic carrier uses for regional European services.
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NewsLufthansa poised to debut A350 equipped with Allegris first-class cabin
Lufthansa is expecting to debut shortly an Airbus A350 outfitted with its Allegris interior product featuring a first-class cabin.
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NewsNasdaq stock exchange to delist Lilium following insolvency filings
The Nasdaq stock exchange will halt trading of financially embattled air taxi developer Lilium’s shares after 5 November, a move coming in response to insolvency filings for two of the German company’s main subsidiaries.
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NewsLilium subsidiaries file for insolvency
Lilium’s two principal German operating subsidiaries have filed for insolvency after running out of cash.
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NewsQatar to fit Thales FlytEDGE entertainment system to A321neo fleet
Qatar Airways has become the first carrier to disclose that it is equipping aircraft with French firm Thales’s new in-flight entertainment system FlytEDGE. The system will be fitted on Qatar’s Airbus A321neos. Qatar Airways senior vice-president for product development Xia Cai claims passengers will have “access to the most innovative ...
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NewsAir India gets regulators’ nod for in-house cabin modifications
Air India has been awarded a Design Organisation Approval (DOA) by Indian regulators, allowing it to carry aircraft interior modifications in-house.
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NewsBoeing seeks to raise $19bn via stock sale amid cash crunch
Amid concerns that Boeing does not have enough cash on-hand to support operations, the US airframer disclosed on 28 October a public offering of 90 million shares, plus $5 billion of depository shares.
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NewsTextron trims 2024 financial estimates due to machinists’ strike, delivery slowdown
Executives cut $500 million off Textron Aviation’s expected 2024 revenue following month-long walkout by machinists