All articles by Jon Hemmerdinger – Page 54
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NewsSpirit AeroSystems loses $541m in 2021 amid 787 hang ups
Troubles with Boeing’s 787 programme and pandemic-related pressures pushed aerospace component manufacturer Spirit AeroSystems to a $541 million loss in 2021.
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NewsDassault flies first production Falcon 6X to US completion centre
The first Dassault Aviation Falcon 6X has arrived at the company’s completion centre in the US city of Little Rock, Arkansas, marking another step toward the type’s planned year-end service entry.
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NewsQatar Airways orders 777X Freighters and signals intent to purchase 737 Max
Qatar Airways has ordered 34 Boeing 777-8 Freighters, becoming the type’s first customer and marking Boeing’s launch of 777-8F development.
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NewsQatar Airways officials meet in Washington amid reports of 777X Freighter order
The White House confirms that US secretary of commerce Gina Raimondo will meet today with a representative from Qatar Airways amid reports the meeting will involve Qatar ordering a freighter version of Boeing’s 777X.
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NewsGulfstream tackling wing bottleneck as it boosts production
General Dynamics aerospace business is working to address supply chain shortages that threaten subsidiary Gulfstream’s ability to meet unprecedented demand for new business jets.
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NewsTextron Aviation’s profits surge on business jet boom
Textron Aviation accelerated deliveries of both business jets and commercial turboprops in 2021, driving the airframer to a $378 million profit.
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AnalysisQuestions, uncertainty abound as Boeing works for 2022 recovery
Boeing executives are framing 2022 as the year the company will fix the 787’s troubles, hike 737 Max delivery rates and begin mending its financial position.
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NewsBoom to build Overture manufacturing site in Greensboro
Boom Supersonic confirms it has chosen Piedmont Triad International airport in North Carolina as the location of its planned manufacturing site.
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NewsBoeing to hike 777 output to three jets monthly this year
Boeing plans to hike 777 production from two to three jets monthly this year in response to heightened demand for air freighters.
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NewsBell completed first CV-22 nacelle upgrade in December 2021
Bell has finished the first nacelle modifications to a US Air Force CV-22 Osprey, part of a multi-year effort to improve the maintainability of the US military’s V-22 tilt-rotors.
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NewsBoeing loses $4.3bn in 2021, takes billions in charges against 787 programme
Troubles with the 787 that have lasted longer than expected led Boeing to take a $3.5 billion charge in the fourth quarter of 2021, pushing the company to another full-year loss, this time to the tune of $4.3 billion.
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NewsRaytheon warns of supply chain and labour challenges in 2022
Supply chain troubles, labour shortages and inflation will continue pressuring Raytheon Technologies’ results in 2022, affecting operations of subsidiaries Pratt & Whitney and Collins Aerospace.
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NewsAftermarket sales help push P&W and Collins to 2021 profits
Pratt & Whitney swung to a $454 million operating profit in 2021, a year characterised by stronger demand for aftermarket services and new aircraft engines.
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NewsGE Aviation turns solid 2021 profit despite fewer engine shipments
GE Aviation turned a $2.9 billion profit in 2021, more than double its 2020 earnings, reflecting cost cutting and a bump in commercial engine services revenue.
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NewsBoeing to support Wisk with engineering and certification expertise
Air taxi developer Wisk Aero has made clear that Boeing’s backing extends well beyond financing to also include engineering, safety and certification support.
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NewsBoeing invests another $450m in air taxi developer Wisk
US electric air taxi developer Wisk Aero has secured $450 million in new funding from Boeing, an existing backer that helped form Wisk in 2019 through a partnership with Kittyhawk.
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AnalysisWhy 2021’s honours were even for ‘big two’ airframers
Not that the result was ever in doubt, but Airbus comfortably out-delivered its rival last year, handing over 611 commercial aircraft versus Boeing’s 309.
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NewsBell continues 525 certification push but timeline depends on FAA
Bell must still compete flights and paperwork as part of the certification programme for its 525 Relentless super-medium-twin, although the company insists helicopter’s long-delayed march towards service entry is nearing an end.
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NewsAirbus cancels Qatar’s order for 50 A321neos
Airbus confirms it has terminated a contract to sell 50 A321neos to Qatar Airways, a move coming amid an ongoing dispute between the companies over alleged A350 quality issues.
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NewsAmerican CEO predicts 5G’s operational impact will be minimal, citing collaboration
Though the aviation-telecom 5G dispute remains unresolved, the chief executive of American Airlines does not foresee 5G causing significant future operational disruptions.