All articles by Jon Hemmerdinger – Page 15
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Canada certificates the Cessna Citation Ascend’s PW545D turbofans
Canada’s aviation regulator has certificated Pratt & Whitney Canada’s (P&WC) PW454D turbofan, the powerplant scheduled to enter service in 2025 on Textron Aviation’s Cessna Citation Ascend business jet.
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Gol and Avianca owner Abra to invest in Spanish charter carrier Wamos Air
Abra intends to invest in Wamos Air under a deal both companies say will enable expension, though details remain unavailable
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Senate FAA funding bill targets safety improvements and grants 767F emissions reprieve
The US Senate has approved a new Federal Aviation Administration funding bill that includes numerous safety and passenger-related provisions and a measure that would exempt Boeing’s 767 Freighter from emissions requirements for five years.
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FAA certificates Tecnam’s single-piston P-Mentor trainer aircraft
The Federal Aviation Administration has certificated Tecnam’s single-piston P-Mentor training aircraft, clearing the Italian manufacturer to begin delivering the aircraft to US customers.
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‘They break down more often’: AerCap CEO addresses new-engine durability
New-generation turbofans powering Airbus A320neo-family jets and Boeing’s 737 Max are simply not as durable as the engines they replace, says AerCap chief executive Aengus Kelly.
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Spirit AeroSystems adjusts to ‘fundamentally changed’ 737 fuselage inspection process
Spirit AeroSystems has disclosed more detail about a newly implemented 737 fuselage inspection process that executives say has initially slowed deliveries but will ultimately better prepare the company for future production rate increases.
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AerCap reaches agreement to purchase 150 Leap engines as spares
Irish aircraft lessor AerCap has reached an agreement covering the purchase of 150 CFM International Leap engines, which will be used as spares for its growing fleet of Airbus A320neo-family jets and Boeing 737 Max aircraft.
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Spirit AeroSystems’ losses pile up amid Airbus and Boeing programme troubles
Spirit AeroSystems swung deeply into the red during the first quarter of 2024, losing $617 million – which nearly matches its full-year 2023 loss – amid sharply reduced 737 fuselage deliveries and hefty charges against its Airbus A220 and A350 work.
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Embraer swings to $29 million first-quarter profit as business jet deliveries soar
Embraer turned a $28.7 million profit in the first quarter of 2024, a significant year-on-year improvement coming amid significantly better results from the company’s business aviation division.
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Former Southwest sales chief joins Wheels Up as chief commercial officer
Former Southwest Airlines executive Dave Harvey will become US charter aircraft provider Wheels Up’s chief commercial officer starting 20 May, an appointment coming as the company continues a broad restructuring.
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Magnix names Reed Macdonald as new CEO
Electric propulsion developer Magnix has named longtime avionics and finance executive Reed Macdonald as its next chief executive, filling a role held until recently by former Rolls-Royce executive Nuno Taborda.
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US government approves Frontier to use new trade name ‘Frontera’
US discount carrier Frontier Airlines has received approval to use the new trade name “Frontera” for at least some of its operations, though details about the plans remain unclear.
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Spirit lost $143m in first quarter as airline pursues cost and capacity cuts
Spirit Airlines lost $143 million in the first quarter of 2024 amid heightened competitive pressures and other factors that have prompted the airline to shrink its operation and to seek out cost savings.
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NetJets behind a 12-strong Challenger 3500 order revealed by Bombardier last year
Bombardier has disclosed that charter aircraft operator NetJets was the customer behind an order for 12 Challenger 3500 business jets landed by Bombardier last year.
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Bombardier unlikely to develop clean-sheet jet this decade: CEO
Bombardier chief executive Eric Martel has largely ruled out the airframer developing a clean-sheet aircraft for at least the rest of the decade, saying competitive dynamics and technological advancements do not support such a move.
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Bombardier to keep jet delivery rates flat this decade as other businesses expand
Bombardier expects its aircraft delivery rate will remain largely flat for much of this decade but anticipates significant revenue gains from its defence and aftermarket businesses.
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Bombardier brings new Global production site in Toronto fully online
Bombardier on 1 May marked the opening of its new Global business jet production site at Toronto Pearson International airport, completing a transition started several years ago as part of a broader business restructuring.
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Bombardier CEO says ‘better opportunities’ behind decision to skip upcoming EBACE show
Bombardier’s decision not to exhibit at the EBACE business jet convention in Geneva next month reflects a belief that its marketing dollars can be put to better use elsewhere.
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Bombardier starts year with $110m profit and new branding
Bombardier turned a $110 million profit in the first quarter of 2022 despite a dip in aircraft deliveries, and has rolled out a new logo it says reflects the company’s shift to become a manufacturer of business jets only.
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Southwest cuts four cities from network and shuffles Max 7 orders after $231m first-quarter loss
Southwest Airlines is cutting several destinations from its network, pushing employee time-off programmes, and considering seating changes after surging costs and Boeing 737 Max delivery delays pushed it to a $231 million first-quarter loss.