All air transport news – Page 452
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AnalysisUS government aid to aerospace could mean oversupply in future, but avert ‘catastrophe’ now: analyst
While government support would provide vital relief to US aerospace manufacturing at a time of impending crisis, such aid could create a “synthetic” aircraft market to the detriment of the industry in future years.
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NewsUS Senate approves economic aid, bill moves to House
The US Senate passed an economic stimulus bill that is designed to support industry and workers after the global coronavirus crisis exploded, and ravaged the economy in the past three weeks.
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NewsSafran reinforces finances as outbreak exacerbates Max misery
French aerospace firm Safran has enhanced, in the wake of the coronavirus crisis, measures it had already been implementing in response to the grounding of the Boeing 737 Max. Safran’s activities include production of the CFM International Leap-1B engines for the Max as well as the Leap-1A powerplants for the ...
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NewsEl Al awaits state funding decision after halting passenger flights
Israeli flag-carrier El Al has opted to suspend all remaining passenger flights, as it awaits potential government financial support. El Al says the suspension, on 26 March, will continue until 4 April. It will continue to provide rescue and repatriation services as well as freight flights, some of which will ...
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In depthSpirit 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 depthCash 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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OpinionIATA 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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NewsAn-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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NewsEmbraer 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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NewsAirbus 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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NewsHAECO 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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NewsAmericas 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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InterviewHanwha 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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NewsEmbraer 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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NewsUS 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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NewsA320neo 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 depthHow 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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NewsSouth 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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NewsAmericas 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 depthBoeing 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.