All articles by Howard Hardee – Page 15
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NewsMesa granted another 180 days to show stock worth more than $1 per share
Struggling US regional airline company Mesa Air Group remains at risk of de-listing on the Nasdaq stock exchange, needing to show that its share price can consistently close higher than $1.
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Airline BusinessUS airline industry ‘evermore rigged game’ favouring major carriers: Spirit Airlines CEO
Now at liberty to talk freely about the defunct deal with JetBlue, Spirit Airlines’ chief executive Ted Christie alleges that the US airline system is “rigged” against smaller carriers.
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NewsAlaska receives $61m Boeing credit for Max 9 grounding
US carrier Alaska Airlines has received an additional $61 million in credits from Boeing as compensation for the mid-flight blow-out of a door plug on Alaska flight 1282 and subsequent grounding of its 737 Max 9s
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NewsJoby wraps up flight testing with pre-production eVTOL prototype
US air taxi start-up Joby Aviation has concluded the pre-production flight test programme that it launched four years ago, now transitioning into a production-focused phase of development.
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NewsTextron consolidates parts distribution operations in Wichita
Textron Aviation has unveiled a massive expansion of its distribution facility in Kansas to support thousands of Cessna, Beechcraft and Hawker aircraft operating globally.
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NewsFrontier expects capacity shift to pay off this spring
US ultra-low-cost carrier Frontier Airlines expects its new network strategy focused on overlooked markets with less competition from its rivals will start paying off soon.
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Airline BusinessGoJet dangles hefty signing bonus for captains amid revival of 40 CRJ-family jets
Rick Leach, chief executive of GoJet Airlines, sees a rare opportunity in front of the St Louis-based regional carrier created by slackening demand for pilots among its major US counterparts.
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Airline BusinessSouthwest considering ‘transformational’ changes to single-class cabin: CEO
Southwest Airlines is exploring changes to its single-class cabin, potentially signalling an eventual departure from the carrier’s signature system of no assigned seating.
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AnalysisRace to market leads top US air taxi developers to Middle East
Leading US air taxi companies pursuing certification of new and novel aircraft appear increasingly likely to launch passenger service not at home but in a Middle East region eager to embrace advanced air mobility.
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AnalysisOutgoing Boeing CEO Dave Calhoun favours ‘internal succession plan’
Asked to explain what qualities he would like to see in the next chief executive of Boeing, outgoing CEO Dave Calhoun hints at personally favouring an internal candidate to guide the company into its next era.
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NewsBoeing advances $425m to boost struggling supplier Spirit
Boeing is providing a $425 million advance payment to Spirit AeroSystems in an attempt to steady its embattled supplier in the short term.
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NewsBoeing loses $355m in first quarter amid 737 production slowdown
Boeing lost $355 million during a first quarter marred by a high-profile safety scare and the subsequent slowdown of its narrowbody aircraft production rates.
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Airline BusinessAir Transat reaching for new horizon with flights to Africa
Eastern Canada’s Air Transat has big ambitions to expand transatlantic flying with its growing fleet of long-range jets, and Africa is now within reach.
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Airline BusinessJetBlue loses $716m amid myriad first-quarter struggles
US carrier JetBlue Airways lost $716 million in the first quarter as “significant elevated capacity” in Latin America and on domestic routes cut into the already-struggling airline’s performance.
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NewsBeta transitions eVTOL from hover to forward flight and back
In a major milestone for electric aircraft developer Beta Technologies, the start-up has successfully transitioned a full-scale prototype of the electric vertical take-off and landing (eVTOL) variant of its Alia aircraft from hover to wing-borne forward flight – and back to hover.
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NewsJetBlue continues C-suite overhaul with Daniel Shurz leading revenue and network planning
US carrier JetBlue Airways continues building a new management team under the helm of recently installed chief executive Joanna Geraghty.
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Airline BusinessAlaska and United bemoan strong quarters spoiled by Max 9 grounding
On back-to-back days, executives from two major US airlines described how a major safety scare and the related weeks-long grounding of all Boeing 737 Max 9 jets undermined both companies’ otherwise strong first-quarter performances.
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NewsArcher aims to court US policymakers at new office in Washington DC
US air taxi developer Archer Aviation has opened an office in Washington DC focused on regulatory affairs that will be led by Billy Nolen, former acting administrator of the Federal Aviation Administration.
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NewsUS Army entertains short take-off and landing capabilities of Electra’s aircraft
The US Army is exploring potential use of Electra’s hybrid-electric short take-off and landing aircraft (eSTOL) aircraft for logistics in contested environments.
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NewsConsumers sue to block Alaska’s proposed acquisition of Hawaiian
A group of US consumers have filed a lawsuit in a federal district court to block on anticompetitive grounds Alaska Airlines’ proposed $1.9 billion acquisition of rival West Coast carrier Hawaiian Airlines.