All news – Page 1426
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News
FPG Amentum branches into Hong Kong
Dublin-based asset manager FPG Amentum has opened a new branch office in Hong Kong.
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NewsMorgan Stanley to advise on Malaysia Airlines options
Malaysia’s sovereign wealth fund Khazanah has appointed Morgan Stanley to explore strategic options to turn beleaguered flag carrier Malaysia Airlines around, even as it does not rule out being a minority shareholder.
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Ottawa releases RFP for 88 new fighters
Ottawa has released a request for proposals (RFP) for its future fighter competition that could see it obtain 88 new fighter jets.
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NewsKumho kicks off Asiana Airlines stake sale
Kumho Asiana Group has begun the process of selling its entire stake in Asiana Airlines, as first announced in April.
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NewsMission Systems boost Northrop Grumman Q2 profits
Northrop Grumman’s second quarter operating profit jumped 16% year-on-year to $946 million in the second quarter, helped by strength in its Mission Systems business.
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Bombardier completes big CMS installation in Singapore
Bombardier’s Singapore service centre has installed and certified a new cabin management system (CMS) on a Global Express XRS, as the company beefs up its Southeast Asia presence.
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NewsHawaii's Wing Spirit to operate 15 HondaJet Elites
Hawaii start-up charter operator Wing Spirit has announced that its total HondaJet Elite fleet will number 15, following the delivery of its first two examples earlier this month.
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Rolls-Royce, Indra end talks over ITP Aero
Rolls-Royce has ended talks with Spanish technology company Indra about the potential sale of a majority stake in the former’s Bilbao-based subsidiary ITP Aero.
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AnalysisBoeing warns of 737 production halt as grounding slams Q2 results
Boeing has warned it could decide to stop 737 Max production should the ongoing regulatory review extend beyond the company’s current expectation.
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NewsGeneral Dynamics' Q2 aerospace profit slips to $331m
General Dynamics’s aerospace business earned an operating profit of $331 million in the second quarter of 2019, down 14% from $386 million in the second quarter of last year.
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NewsPratt & Whitney prepares GTF for new opportunities
Pratt & Whitney is continuing to ready its geared turbofan (GTF) engine programme for the next wave of aircraft development, with Boeing’s proposed New Mid-market Airplane (NMA) the closest short-term opportunity.
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NewsUSAF F-35As gain safety feature seven years early
Lockheed Martin F-35As operated by the US Air Force have started to receive a ground collision avoidance system seven years ahead of schedule.
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Senate confirms Steve Dickson to lead FAA
The US Senate on 24 July voted 52 to 40 in favour of confirming Steve Dickson to become administrator of the US Federal Aviation Administration at a time when the agency faces scrutiny from lawmakers to reform its oversight of aviation safety.
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NewsRAF test pilot to fly with Virgin Orbit crew
A UK Royal Air Force (RAF) test pilot will be seconded to support Virgin Orbit’s small satellite launch activities, with a successful candidate to fly on board its modified Boeing 747-400 platform, named “Cosmic Girl”.
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Boeing slumps to near-$3 billion Q2 net loss on Max grounding
Boeing has reported a net loss of nearly $2.9 billion for the second quarter, driven by charges for the grounded 737 Max.
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NewsUK hones next phase of SAR helicopter service contract
UK coastguard officials are in the process of defining the requirements to shape the country’s helicopter search and rescue (SAR) provision into the 2030s.
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NewsGE9X engine issue pushes 777X first flight to 2020
An issue with the General Electric GE9X powerplants that will power the Boeing 777X has delayed that aircraft’s first flight until 2020, the airframer has disclosed.
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Ambiguous instruction put A319 in path of rotating A320
French investigators have determined that an ambiguous taxiing instruction prompted a Bulgaria Air Airbus A319 to cross an active Paris runway while an A320 was rotating to take off.
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Unite calls off Heathrow strike after new pay offer
Trade union Unite has suspended plans for a strike at London Heathrow after a new pay deal was put forward.
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LHT signs tentative training deal with Saudi aviation academy
Lufthansa Technik Shannon has tentatively agreed to support an effort by the Saudi National Company of Aviation (SNCA) to develop a maintenance training organisation in the kingdom.