All articles by Jon Hemmerdinger – Page 22
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NewsTextron plans job cuts at Bell and Textron Systems divisions
Textron is cutting 725 jobs at three divisions including subsidiary helicopter maker Bell, part of a restructuring aimed at cutting costs.
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NewsSpirit’s management shake up continues as Marnick leaves COO role
Longtime Spirit AeroSystems executive Samantha Marnick has left the company and her role as chief operating officer, a change the company describes as part of an effort to improve its operation and product quality.
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NewsAir Transat and Porter plan closer collaboration through joint venture
Canadian operators Air Transat and Porter Airlines have agreed to coordinate flight schedules and routes under a new joint venture aimed at helping both carriers expand.
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NewsL3Harris to sell commercial aviation business to investment firm TJC
American aerospace and defence giant L3Harris Technologies plans to intensify its focus on defence products by selling its commercial aviation business to US investment company TJC for $700 million.
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In depthEmbraer predicts ‘wave’ of E-Jet orders as company continues operational turnaround
Embraer executives say demand for E-Jets is lagging a broader boom for larger aircraft like Airbus and Boeing narrowbodies. Soon, they say, airlines will turn more attention to E-Jets to fill a market-segment gap.
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NewsFAA clears Boeing to start 737 Max 10 certification flights
The Federal Aviation Administration has approved Boeing to begin the certification flight-test programme for its 737 Max 10, moving the manufacturer closer to completing the aircraft’s long-delayed certification effort.
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AnalysisSuppliers seek to renegotiate loss-making contracts with Airbus and Boeing
Aircraft makers are facing increasing pressure to renegotiate discounted supplier contracts that have turned unprofitable amid slow production, high inflation and other post-pandemic business challenges.
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NewsAir Chateau plans to purchase Archer air taxis
Dubai helicopter operator Air Chateau has signalled its intention to possibly acquire a fleet of electric air taxis from Archer Aviation.
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NewsWright Electric and Axter flight test hybrid-electric system on Thrush S2R
Start-up Wright Electric has completed test flights of a hybrid-electric modified crop-dusting aircraft and has squeezed more power out of a separate electric motor it is developing to power regional passenger aircraft.
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NewsBoeing 737 deliveries crept along in October but sales momentum continues
Boeing’s 737 delivery pace remained slow in October though the aircraft manufacturer landed a major 737 sale in the period and continued building its backlog of 787 orders.
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NewsBoeing predicts fresh orders from Middle East airlines as Dubai air show opens
Boeing arrives at the Dubai air show riding a wave of recent sales for its widebody jets while aiming to land new 737 Max customers – with one particular sales opportunity at the top of its mind.
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NewsHanwha Aerospace moves engine business to Connecticut and seeks closer ties with Pratt and GE
To forge closer ties with suppliers and with prime customers Pratt & Whitney (P&W) and GE Aerospace, South Korea’s Hanwha Aerospace has moved the headquarters of its International Engine Business to Connecticut.
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NewsWheels Up loses $145m in Q3 but aims for operating profit in 2024
Charter aircraft provider Wheels Up lost $145 million in the third quarter of 2023, but executives insist a network overhaul, a partnership with Delta Air Lines and new financing position it to turn operationally profitable next year.
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NewsSpirit moves to raise $400 million and push back $1.2 billion debt repayment
Spirit AeroSystems is taking steps to strengthen its financial foundations by seeking to raise $400 million in cash and to restructure $1.2 billion in debt.
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NewsP&W’s defective disk issue found to affect more business jet engines
Dozens of Pratt & Whitney Canada PW307 turbofans on Dassault Aviation business jets may contain disks with the same manufacturing defect affecting more than 1,000 Pratt & Whitney (P&W) PW1100Gs.
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NewsEmbraer expects PW1000G work will triple revenues at Portuguese MRO provider OGMA
Embraer expects a massive revenue bump in the coming years for its Portuguese maintenance unit OGMA as it begins ramping up work on Pratt & Whitney (P&W) PW1000G geared turbofan (GTF) engines.
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NewsEmbraer turns profitable in third quarter and sticks to 2023 aircraft-delivery goal
Embraer swung to profitability in the third quarter of 2023 and still expects to meet its full-year delivery and financial expectations despite a still-struggling supply chain.
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NewsEmbraer CEO sees US pilot shortage as ‘improving’
Embraer’s chief executive sees his company’s recent success selling regional jets to US carriers as signifying that a shortage of pilots is easing.
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NewsChina Eastern orders 25 GEnx turbofans for 787s and Xiamen picks Leap-1A for A320neos
GE Aerospace and its affiliate CFM International have landed new orders from Chinese carriers for both GEnx-1B and Leap-1B turbofans.
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NewsUS government approves US airlines’ complaints about Amsterdam capacity cuts
The US government has approved complaints by JetBlue Airways and trade group Airlines for America against the government of the Netherlands and European Union for alleged violations related to capacity cuts at Amsterdam Schiphol airport.