All air transport news – Page 343
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In depth
Spirit AeroSystems targets year-end opening of Scotland wing development site
Spirit AeroSystems expects by year-end to open a new facility in Prestwick, Scotland where it will research and develop manufacturing and production technologies aimed at helping the company land contracts to supply Airbus’ next single-aisle aircraft programme.
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In depth
Cash reserves give Boeing 10 months of breathing room, analysts suggest
Boeing should have sufficient liquidity to keep operating for eight to 10 months, possibly longer, according to analysts, despite speculation about its financial condition based on recent calls for $60 billion in government aid for the US aerospace industry.
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Opinion
IATA is not crying wolf with airline ‘apocalypse’ warning
It is a mark of how quickly the global coronavirus crisis has escalated that when IATA describes the airline sector as being in an “apocalypse now” scenario, no-one is accusing the industry association of hyperbole.
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News
An-225 returns to flight after modernisation
Antonov has restarted flights with the An-225 outsize transport, after a period of absence during which the aircraft underwent modernisation. The design bureau says the aircraft has commenced a series of test flights following installation of a domestically-designed power management and control system. Departing from the Gostomel airfield near Kiev ...
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News
Embraer sees commercial orders deferred, not cancelled
Brazilian aircraft manufacturer Embraer says it has not had any order cancellations as a result of the current global coronavirus pandemic that has decimated the air transport industry, but it is seeing some customers ask for deferments of deliveries as airlines reduce capacity for an undetermined period of time.
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News
Airbus temporarily cuts wing production at UK and German sites
Airbus is to roll back wing production at its UK and German plants, to bring wing supply into line with demand at its final assembly lines. Production at its UK wing sites at Broughton and Filton, as well as its high-lift operation in Bremen, will be reduced for three weeks, ...
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News
HAECO acquires Dallas-based commercial engine shop
HAECO has announced the acquisition of US-based engine MRO firm Jet Engine Solutions (JES). “JES has a strong reputation within the engine maintenance business for quality and delivery in the United States, which will complement the HAECO Global Engine Support business,” says Christopher Gibbs, HAECO group director for components and ...
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News
Americas 25 March in review: US Congress debates aid bill
As the US Congress debated a government assistance bill that would help the aviation and aerospace industry weather the financial storm of the coronavirus crisis, the Pentagon warned that the current pandemic could lead to geopolitical instability.
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Interview
Hanwha Aerospace powers up engine capabilities
As the country’s only producer of gas tubine engines, South Korea’s Hanwha Aerospace has become an integral part of Seoul’s ambitions in the sector, with involvement in several key propulsion programmes.
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News
Embraer manufactures ventilator parts
Brazilian aircraft-maker Embraer has begun manufacturing parts for ventilators in an effort to support the country’s medical industry as the coronavirus pandemic grips all corners of the globe.
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News
US Senate bill would offer $78b in aid to airlines, workers, contractors
A government aid package currently making its way through the US Congress calls for loans and payroll support for airlines and aviation industry workers of $78 billion altogether, but links the assistance to strict conditions regarding executive pay, stock buybacks, dividends and requirements to maintain employee levels through the third quarter of the year.
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News
A320neo overbooking will help steer Airbus through crisis: Faury
Airbus believes its policy of overbooking orders will give the airframer a degree of flexibility to manage the impact of the coronavirus crisis on its production and delivery processes. Chief executive Guillaume Faury says the single-aisle backlog, over 6,200 A320-family jets, includes a “significant level” of overbooking which is “providing ...
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In depth
How the A380 ran out of runway after just two decades
A year on from Airbus’s decision to halt A380 production, the outlook for the superjumbo’s long-term prospects has diminished further
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News
South African shutdown heaps pressure on bedevilled Fastjet
African budget carrier Fastjet, already under substantial financial pressure, is having to cope with the additional burden of the coronavirus outbreak after the South African and Zimbabwean governments imposed travel restrictions. Fastjet Group, which has been working to sell its Zimbabwean arm, says the South African government is locking down ...
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News
Americas 24 March in review: Congress negotiates aid; Manufacturers and airlines make deep cuts
Politicians from both houses of the US Congress continued negotiating a bill that would offer the air transport industry financial support in order to secure jobs and keep airlines afloat as the coronavirus crisis ravages the industry.
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In depth
Boeing tells some suppliers to ‘halt shipments’ amid temporary shutdown
Boeing has instructed suppliers to stop shipments to its Seattle-area production sites during the company’s temporary production shutdown, which takes effect on 25 March.
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News
Boeing’s Calhoun defends Boeing’s financial health, pushes back against equity-for-aid government support
Boeing chief executive David Calhoun insists government aid to the struggling airline and aerospace sectors should not be contingent upon the government taking equity in US companies.
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News
Bombardier suspends production in Canada and Belfast
Bombardier is to halt work at most of its operations in Canada, plus its aerostructures unit in Belfast, Northern Ireland, to comply with governmental restrictions designed to limit the spread of the coronavirus.
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News
Azul expands April capacity cuts to 90%
Brazilian low-cost carrier Azul has cut its planned capacity through 30 April by 90%.
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News
Brazil’s Gol down to 50 daily domestic flights
Gol has dropped its domestic capacity in Brazil by 92% and its international capacity by 100% through early May in response to falling demand during the coronavirus pandemic.