All news – Page 977
-
News
Aerospace defence firms try stopping coronavirus from spreading in their factories
While the rest of the world shuts down, aerospace defence manufacturers are expected by the US Department of Defense (DoD) to keep turning out aircraft.
-
Analysis
US 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.
-
News
US 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.
-
News
Safran 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 ...
-
News
El 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 ...
-
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.
-
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.
-
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.
-
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 ...
-
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.
-
News
Paris Orly to shut as European airports gradually quieten
European air traffic data shows that the coronavirus outbreak has effectively set the continent’s airspace back by more than a quarter of a century, to flight levels not experienced since the early 1990s. Statistics from pan-European air navigation organisation have already shown that daily flight totals have more than halved, ...
-
News
Jet fuel prices hit two-decade lows
The cost of purchasing jet kerosene is continuing to fall despite a slight uptick in crude prices, as demand from airlines dries up completely in some regions.
-
News
Analyst hopeful that business aviation is ‘better prepared’ for Covid-19 downturn than 2008 crisis
The business aviation industry may be better prepared the Covid-19 downturn, than it was for the 2008 financial crisis, according to aviation analyst Brian Foley.
-
News
South African Airways acting chief takes early retirement
South African Airways acting chief executive Zuks Ramasia will retire on 14 April, less than a year after assuming the position.
-
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, ...
-
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 ...
-
News
Tigerair Australia grounded as parent Virgin cuts more capacity
Tigerair Australia has suspended all operations from 25 March, as part of deeper capacity cuts by its parent Virgin Australia. On its website, the low-cost carrier cited “expanded travel restrictions imposed by the federal and state governments and territories” as the reason behind its grounding. Virgin Australia says in a ...
-
News
Australian firm to produce F-35 cannon ammo
Rheinmetall NIOA Munitions (RNM) plans to produce 25mm cannon ammunition for use by the Lockheed Martin F-35 fighter. A new production line will be set up at a government-owned factory in the first half of 2021 to produce 25mm Frangible Armored Piercing (FAP) projectiles. The ammunition will be available for ...
-
News
Air New Zealand focuses on cargo
Air New Zealand is ramping up cargo operations to “keep Kiwi businesses connected to the world” while working with the government to maintain critical cargo flow. General manager cargo, Rick Nelson, says: “With our Boeing 787-9 Dreamliner aircraft for example, we have the ability to uplift 11 cargo pallets in ...
-
News
Singapore Airlines and SilkAir pilots put on leave without pay
Singapore Airlines has asked its pilots to take unpaid leave for up to seven days each month, starting 1 April. The airline tells Cirium this applies to pilots with the mainline carrier and regional carrier SilkAir, and the measures will be in place “until the business recovers”. It adds: “We ...