All articles by Jon Hemmerdinger – Page 101
-
NewsAviation will need 27,000 new pilots in 2021 as shortage continues despite downturn: CAE
Despite an industry slump that has seen mass pilot layoffs, the global civil aviation industry will still require an estimated 27,000 new pilots by the end of 2021, or 264,000 over the coming decade.
-
NewsMinicucci to succeed Tilden as Alaska chief executive next year
Alaska Air Group chief executive Brad Tilden is to step down from the role on 31 March 2021 to be succeeded by Alaska Airlines’ president and long-time company veteran Ben Minicucci.
-
NewsTriumph completed G650 wing work sale to Gulfstream in August
Aerospace company Triumph Group confirms that in August it completed a planned sale of G650 wing work Gulfstream for proceeds of $52 million.
-
NewsFormer SpaceX, Tesla engineer to lead Boeing’s software team
Boeing has hired a former SpaceX and Tesla executive with autonomous technology experience to lead its software development team.
-
NewsLawsuit seeks to force release of FAA’s 737 Max ‘ungrounding’ documents
A US advocacy group has asked a federal judge to order the Federal Aviation Administration to release some 100 documents related to the agency’s pending re-certification of the Boeing 737 Max.
-
NewsBombardier plans restructuring as it transitions to aviation-only company
Bombardier has broadly laid out a plan to return to profitability in the coming years as a standalone aviation company that will deliver 100 to 120 business jets annually.
-
NewsAero engine makers shrink to survive, putting development projects in doubt
Just how significantly the coronavirus pandemic has hammered aircraft engine makers came starkly into view in recent weeks, when several top manufacturers disclosed third-quarter results. Whether this will affect future disruptive initiatives remains to be seen
-
NewsSpirit AeroSystems aims for 10-monthly 737 rate in early 2021
Spirit AeroSystems intends to produce 737 fuselages at a rate of 10 monthly starting in January 2021 – a rate that would allow the company to burn down its inventory of finished fuselages.
-
NewsSpirit AeroSystems reports $156m Q3 loss
Wichita-based aerostructures manufacturer Spirit AeroSystems lost $156 million in the third quarter of 2020 amid tumbling revenue resulting from the dual pressures of the pandemic and Boeing 737 Max grounding.
-
NewsTrump or Biden: How might aerospace fare?
How might a Joe Biden presidency impact the aerospace sector differently than another four years with President Donald Trump in the White House?
-
NewsTextron Aviation posts Q3 loss but aims to turn profitable in Q4
Textron Aviation lost $29 million in the third-quarter, but executives predict the aircraft manufacturer will regain profitability in the final quarter of 2020.
-
NewsEmbraer tweets picture of conceptual turboprop, hints at potential design
Embraer has released an image of what appears to be a conceptual turboprop aircraft with a fuselage seemingly borrowed from the company’s E-Jet.
-
NewsBoeing CEO downplays 737 production-site shift, office space cuts coming
Boeing’s chief executive has downplayed the likelihood that the company might move 737 manufacturing from Renton to Everett as part of a broader corporate-wide restructuring.
-
NewsKalitta to be launch operator of 777-300ERSF converted freighter
Kalitta Air will be the first airline to operate the Boeing 777-300ERSF, a converted freighter being developed by lessor GECAS and Israel Aerospace Industries (IAI).
-
NewsBoeing assessing technologies for next commercial jet: CEO
Boeing continues working toward development of a new commercial aircraft, though chief executive David Calhoun has disclosed few details.
-
NewsBoeing revises 2021 737 Max delivery pace, reflecting depressed demand
The company now anticipates that next year it will deliver about half of the 450 Max it stockpiled amid the type’s grounding, chief financial officer Greg Smith says on 28 October.
-
NewsBoeing sticks to 2022 777X delivery goal as CEO warns of schedule ‘risk’
Though Boeing continues working toward delivering the first 777-9 in 2022, the company’s chief executive has warned about potential further changes to the timeline.
-
NewsBoeing sees nine-month losses balloon to $3.5 billion
Boeing lost $466 million in the third quarter of 2020, bringing the company’s losses in the first nine months of 2020 to $3.5 billion.
-
NewsThird-quarter profits tumble at GE Aviation on sliding engine sales and aftermarket work
GE Aviation saw third-quarter operating profit plunge by 79% year on year, to $356 million, amid tumbling demand for aircraft engines and aftermarket services.
-
NewsBoeing aims for nearly 20% staff cuts by end-2021
Boeing anticipates finishing 2021 with 130,000 employees, roughly 19% fewer than the 161,100 it had in 2019.