All articles by Jon Hemmerdinger – Page 53
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News
Profit jumps in second quarter at Textron Aviation as aircraft demand rebounds
Textron Aviation’s profits jumped in the second quarter to $96 million as the company’s aircraft deliveries neared pre-pandemic levels.
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News
As profits jump, Gulfstream prepares to hike deliveries, tackle G700 certification difficulties
After earning a $195 million profit in the second quarter, General Dynamics’ aerospace division – which is anchored by business jet maker Gulfstream – is preparing to boost deliveries in the second half in response to improving demand.
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News
Boeing needs new emissions-compliant freighter, 777X variant is ‘logical’ choice: CEO
Boeing’s chief executive views a freighter version of the 777X as a logical next aircraft programme for the Chicago-based airframer, noting Boeing will need a cargo jet that complies with looming aircraft emission standards.
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News
Boeing might need to adjust 737 production ramp if China’s approval slips beyond 2021
Boeing could need to reduce its planned 737 Max production ramp if Chinese aviation regulators do not lift the Max’s grounding before year end, as Boeing predicts it will.
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News
Boeing returns to profitability in second quarter
Boeing is back in the black after the US airframer turned a $567 million profit in the second quarter of 2021, marking the company’s first quarterly profit since the second half of 2019. However, the airframer’s commercial aircraft business remained loss-making.
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News
Bombardier and De Havilland Downsview workers go on strike
Bombardier and De Havilland Canada unionised workers at the Downsview production site in Toronto are on strike, a move coming amid contract negotiations and as both companies work to wrap up their Downsview presence. Downsview is home to Bombardier’s Global business jet production facility and De Havilland’s Dash 8-400 production site.
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News
Raytheon CEO says significant narrowbody rate hikes pose supplier ‘challenge’
One aerospace supplier says it could struggle to meet demand if Airbus and Boeing significantly hike narrowbody production in the coming years, a warning that recalls the pressured growth conditions that plagued aerospace suppliers prior to Covid-19.
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News
Demand for aftermarket services push P&W and Collins to Q2 profits
Surging commercial aftermarket revenue helped push Collins Aerospace and Pratt & Whitney – both divisions of Raytheon Technologies – to profits in the second quarter of 2021.
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News
JetBlue returns to profitability in Q2 with government aid
JetBlue Airways swung to a $64 million profit in the second-quarter of 2021, a result reflecting US government Covid-19-related aid and an improving air travel market. Excluding special items, which include government payroll-support grants, JetBlue would have lost $206 million in the second quarter.
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News
GE earns $176m second-quarter profit as engine orders and deliveries tick higher
GE Aviation has continued its profit streak, earning $176 million in the second quarter of 2021 amid revenue gains and a significant bump in orders for new engines.
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News
Union threatens strike as De Havilland moves to relocate Dash 8 production
The union representing De Havilland Canada’s manufacturing workers has threatened to strike as early as 27 July over issues related to potential layoffs and De Havilland’s planned relocation of Dash 8 production.
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News
Boeing video reviews fuselage ‘gap’ issue that prompted 787 delivery halt
Boeing has released a video about the fuselage-related quality issues that led the company to halt deliveries of 787s. The Chicago-based airframer released the video on 23 July alongside an email from Boeing Commercial Airplanes chief executive Stan Deal to all Boeing’s commercial aircraft employees.
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Analysis
Why the ill-timed 777X can still be a winner for Boeing
Pandemic, decimated international travel demand and certification delays. Why Boeing’s chief executive has no regrets about developing the 777X.
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Analysis
787 programme’s future remains bright, though scope of fuselage issues unclear
But despite stopping deliveries, despite fuselage issues, despite withered demand for international travel and despite markedly reduced 787 production rates, analysts still foresee bright tomorrows for the jet.
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Analysis
Boeing’s response to A321neo still unclear, but Max 10 narrows competitive gap
As the pandemic eases, Boeing finds itself in the familiar position of still having to address the competitive threat posed by Airbus’s A321neo – particularly the longer-range A321XLR variant.
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Analysis
Boeing’s Max gains momentum as pandemic recovery accelerates
Despite ongoing technical issues, Boeing has recently landed significant new orders for the once-grounded narrowbody, progressed with clearing a hundreds-deep inventory of stored jets and achieved first flight of the Max 10.
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News
Seeking global partnerships, Embraer nominates new board members with Boeing and GE Aviation chops
In a move reflecting its ambition to form international partnerships, Brazilian airframer Embraer has nominated two new members to its board of directors – Kevin McAllister, formerly of Boeing and GE Aviation, and Todd Freeman, also formerly of GE Aviation.
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Analysis
New 787 issue casts fresh uncertainty over production rates, deliveries and possible forward loss
Boeing’s latest 787 manufacturing issues and associated production cut has raised more uncertainty about the programme, leaving analysts unclear about production rates, the pace of regulatory approval and whether the airframer might take another financial charge against the programme.
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News
FAA grounds Rhoades Aviation, operator of 737 that crashed on 2 July
The Federal Aviation Administration has grounded Honolulu-based Rhoades Aviation, which operated a Boeing 737-200 that crashed into the Pacific Ocean after take-off from Honolulu on 2 July.
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News
FAA orders airlines to test pressure switches in all 737s, citing risk of failure
The Federal Aviation Administration has ordered airlines to test cabin altitude pressure switches in all Boeing 737s, saying some operators have reported that both switches on several aircraft had failed.