All articles by Jon Hemmerdinger – Page 40
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NewsBoeing lost no orders to cancellations in October, a first since July 2019
Boeing in October logged its first month in more than three years without a single cancellation and padded its backlog with orders for 10 787s and more than 100 737 Max aircraft.
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NewsEmbraer’s third-quarter aircraft deliveries inch up to 33 shipments
Brazilian manufacturer Embraer delivered 33 commercial and business aircraft in the third quarter of 2022, a slight year-on-year improvement that still leaves the company’s year-to-date deliveries trailing its 2021 output.
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NewsBoeing scraps plan for services revenue to hit $50 billion this decade
Boeing has ditched a goal for its aircraft service division to grow its revenue to $50 billion annually in the coming years, saying doing so would lead to “indiscriminate” investment.
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NewsBoeing’s next new aircraft is years away but 787 updates are imminent: executives
Boeing’s product development timeline became clearer on 2 November when the company said it will soon reveal a higher-gross-weight 787, while indicating it will not launch a clean-sheet aircraft.
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NewsLabour and supply chain costs push Spirit AeroSystems to $128m Q3 loss
Aerostructures manufacturer Spirit AeroSystems sunk further into the red during the third quarter, as costs from its Airbus A350 and Boeing 787 programmes pushed the company to a $128 million loss.
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NewsBoeing rolls out plan to hike deliveries to 800 jets within several years
Boeing plans to significantly hike commercial aircraft deliveries in 2023, aiming to hand over up to 80 787s and 450 737s next year after overcoming nagging supply and labour problems.
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NewsBoeing pushes back 737 Max 7 and Max 10 certifications
Boeing has again delayed certification timelines for its two outstanding 737 Max variants, now estimating the Federal Aviation Administration will clear the Max 7 by early 2023 and the Max 10 by early 2024.
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In depth5G may have caused dozens of troubling in-flight avionics failures
The Federal Aviation Administration (FAA) suspects new 5G cellular networks may have caused roughly 80 instances of aircraft system interference this year, with pilots reporting a range of malfunctions since the latest generation of mobile connectivity went live in January.
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NewsProduction issues leading Textron Aviation to delay planned aircraft deliveries
Supply and labour shortages will likely force Textron Aviation to delay planned 2022 aircraft deliveries and leave it $300 million short on expected revenue.
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NewsNTSB urges regulators to require immediate DHC-3 inspections following September crash
The US National Transportation Safety Board (NTSB) is urging US and Canadian regulators to immediately require inspections of De Havilland Canada DHC-3 Otters following a deadly September crash.
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NewsIAG shareholders agree to 50-strong 737 Max order
Shareholders of British Airways and Iberia parent IAG have approved the company’s plan to purchase 50 Boeing 737 Max, including the high-capacity Max 8-200 and the as yet uncertificated Max 10.
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AnalysisBoeing cuts 737 Max delivery forecast as wait on Chinese carriers continues
Boeing’s chief executive is hopeful that China’s Covid-19 lockdowns – not US-China political friction – is the reason why Chinese airlines are still not taking delivery of new 737 Max. But he has no indication Chinese airlines are poised soon to start again receiving the Boeing narrowbody.
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NewsGulfstream’s backlog growth slows but profits roll in
Backlog growth at General Dynamics’ aerospace business – which Gulfstream anchors – slowed in the third quarter of 2022 amid what an executive described as slightly cooling demand for business jets.
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NewsGulfstream parent warns of FAA delays to G700 certification, still hopes for mid-2023 approval
General Dynamics still hopes subsidiary Gulfstream will have its in-development G700 certified by mid-2023 but now cautions that the resource-constrained Federal Aviation Administration could impact the timeline.
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NewsCommercial aircraft and defence divisions push Boeing to $3.3bn third-quarter loss
Despite recent positive momentum in its commercial aircraft business, Boeing lost $3.3 billion in the third quarter of 2022 as heavy losses in its defence unit took their toll.
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NewsAlaska orders 52 more 737 Max, preps to divest remaining Airbus jets
Alaska Airlines has ordered another 52 Boeing 737 Max jets and secured rights to purchase a further 105, aligning the airline’s future with the narrowbody as it aims to divest its remaining Airbus fleet next year.
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NewsAir Canada orders another 15 Airbus A220s
Air Canada has ordered another 15 Airbus A220-300s in a deal that brings the Montreal-based carrier’s total orders for the Canadian-built type to 60 jets.
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NewsEmbraer-owned Portuguese maintainer OGMA secured approval to work on E-Jets E2
Portuguese maintenance shop OGMA has been certified to perform heavy maintenance on Embraer E-Jets E2, a move OGMA majority owner Embraer describes as further expanding its aftermarket reach.
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NewsP&W’s commercial engine deliveries hit post-pandemic high in Q3 as profits soar
Pratt & Whitney delivered more large commercial aircraft engines in the third quarter of 2022 than in any period since early 2020, powering the engine maker to a $316 million quarterly operating profit, up 69% year on year.
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NewsGE Aerospace’s third-quarter profit surges on higher Leap deliveries and aftermarket bump
GE Aerospace’s third-quarter profit shot up more than 50% year on year in the third quarter of 2022 to $1.3 billion, reflecting a significant bump in engine deliveries and increasing demand for aftermarket services.