All news – Page 1077
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Qantas grounds two more 737NGs found with cracks
Qantas has grounded two more Boeing 737-800s found to have structural cracks, a day after it removed one aircraft that was found to have a similar issue from service.
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How big production increases caused Lockheed Martin F-35 problems
The Lockheed Martin F-35 Lightning II stealth fighter’s mission capability rate was hurt due to difficulty Lockheed Martin and its suppliers had producing spare parts, an issue caused by a three-year push to dramatically increase production of the aircraft, a top US Air Force official says.
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Spirit AeroSystems secures another discount on Asco purchase
Spirit AeroSystems will now pay $420 million to purchase Belgium aircraft component shop Asco, having secured a further $184 million discount due to ongoing fallout from a cyberattack against Asco earlier this year.
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Gol Q3 results up despite Max grounding, unscheduled maintenance
Brazil’s low-cost carrier Gol reported a rise in third quarter revenue on increasing passenger demand and “dynamic revenue management” - flexible pricing which allows the company to constantly optimise returns - despite taking a hit for unscheduled maintenance as well as the grounding of its seven Boeing 737 Max aircraft.
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SAA receives first A350 and plans to introduce four
South African Airways has disclosed that it will lease another pair of Airbus A350-900s, after taking delivery of the first of two initial leased aircraft.
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UK space sector eyes future outside EU
Echoing ongoing speculation about the United Kingdom’s post-Brexit future as an economic and diplomatic player, the county’s future as a space power remains uncertain.
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Bombardier keeps 2019 delivery goal as 7500 production ramps up
Bombardier remains confident it will reach its goal of delivering 175 to 180 aircraft in 2019, though the Montreal-based airframer must significantly boost aircraft handoffs to achieve that goal.
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Piper's M600 and Cirrus Vision Jet add automated landing feature
Piper Aircraft’s M600 turboprop and Cirrus Aircraft’s Vision Jet are to feature a new Garmin automatic landing capability in a first for general aviation aircraft.
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Spirit acquires Bombardier aerostructures plants
Bombardier is selling its aerostructures business to US-based Spirit AeroSystems, a deal which includes its wing operation in Belfast and other facilities in Morocco and the USA.
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Air France-KLM's third-quarter profit dips on softer unit revenue
Air France KLM has posted a moderate decline in third-quarter profit after higher fuel costs and weaker unit revenue overwrote a steady growth in passenger numbers.
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Weak international demand hits JAL's first-half result
Japan Airlines' operating profit fell 16% to Y81.3 billion ($751 million) in the six months ended 30 September, amid weakness in its international business.
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Hainan Airlines third-quarter profit down 36%
Hainan Airlines saw operating profit decline 36% to CNY150 million ($21.3 million) in the third quarter.
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Higher costs drag Juneyao's Q3 profit
Juneyao Air saw its operating profit for the third quarter fall 14.7% to CNY905 million ($129 million), on the back of higher costs.
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Qantas dismisses 'alarmist' union call to ground 737s
Qantas has hit back at its engineers' union's "alarmist" call to ground its entire fleet of Boeing 737-800s, after one of them was found to contain structural cracks.
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BA strike brings down IAG third-quarter profits
British Airways parent IAG is blaming the UK carrier's pilot strike in September for a fall in third-quarter operating profit.
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Trans States cancels SpaceJet orders
Mitsubishi Aircraft's SpaceJet programme has been dealt a fresh blow after Trans States Holdings, which owns several US regional airlines, cancelled all of its orders for the aircraft.
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GAMECO to open 737-800BCF production line in Guangzhou
Guangzhou Aircraft Maintenance Engineering (GAMECO) will open a Boeing Converted Freighter (BCF) production line at its Guangzhou base.
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China Southern posts 9% increase in Q3 profit
China Southern Airlines saw its third quarter operating profit rising 8.9% to CNY3.34 billion ($473 million).
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Air China third-quarter profit up 5%
Lower expenses helped to push Air China’s operating profit for the third quarter up 5.4% to CNY4.86 billion ($690 million).