All articles by Jon Hemmerdinger – Page 59
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NewsSpirit AeroSystems’ losses continue in Q3 as widebody product sags
Spirit AeroSystems significantly ramped deliveries of Boeing 737 fuselages in the third quarter of 2021, but, with its widebody business sagging, the company still lost $114 million in the period.
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NewsHuman error and wiring mix up caused 2019 Saab 2000 overrun in Alaska
An incorrectly wired anti-skid braking system and an unfortunate decision by pilots resulted in a PenAir Saab 2000 running off an Alaska runway in October 2019, killing one passenger.
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NewsFAA warns about altimeter interference from broadband
The Federal Aviation Administration is warning aerospace manufactures and aircraft operators that 5G cellular wireless communications could impact radio altimeters starting in December.
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NewsFAA proposes to extend required rest for flight attendants
The Federal Aviation Administration is moving forward with a rule mandating that airline flight attendants be given at least an extra hour of rest following duty periods.
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NewsAnalysts expect Boeing will retain inventory of undelivered 737 Max into 2024
Some analysts read recent comments by Boeing officials as suggesting that 737 Max deliveries are progressing slower than predicted and that Boeing will retain a large inventory of undelivered jets into 2024.
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NewsFormer 737 Max technical pilot’s trial delayed until 15 December
The trial of former Boeing 737 Max chief technical pilot Mark Forkner will start on 15 December – one month later than previously scheduled.
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NewsTextron Aviation’s Q3 revenue rockets, CEO downplays supply constraints
Textron Aviation’s third-quarter revenue jumped nearly 50% year-on-year amid a booming business aircraft market that has left the Wichita airframer with considerable leverage to set and hold firm aircraft prices.
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NewsBombardier makes third-quarter loss, but business jet revenue surges
Montreal airframer Bombardier lost $377 million in the third quarter of 2021 but saw a 17% bump in business jet revenue amid surging demand for private aircraft.
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NewsBoeing hikes 737 production but China remains wildcard
Boeing has increased 737 production to 19 jets monthly and is on track to hit a 31-monthly rate in 2022 and to clear its hundreds-strong Max backlog in 2023.
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NewsBoeing’s 777X hitting performance goals, CEO confident in 2023 deliveries
Boeing’s 777-9 is meeting performance expectations and the company still expects to begin delivering the jets in late 2023, despite repeated delays and close scrutiny by regulators.
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NewsSpirit logs $15m Q3 profit despite widespread flight disruptions
Buoyed by government aid and despite several days of severe operational disruption, Spirit Airlines turned a $14.8 million profit in the third quarter of 2021.
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NewsAllegiant turns Q3 profit despite operational 'challenges'
Discounter Allegiant Air turned a $39.3 million profit in the third quarter, but its chief executive echoed peers in citing operational hiccups due to the pandemic and labour shortages.
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NewsBoeing creates product team to study technology for new commercial jet
Boeing recently established a new product team charged with working on development of a future commercial aircraft, though the company has released few details about the project.
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NewsBoeing has completed most 787 rework, now focused on problem with titanium parts
Boeing has completed “most” rework required for its undelivered 787s but is still addressing recently revealed problems involving titanium parts supplied by an Italian company.
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NewsBoeing loses $132m in third quarter and warns of $1bn in 787 costs
Boeing’s commercial aviation business lost nearly $700 million in the third quarter, a period during which the airframer delivered no 787s while continuing to build them at a reduced rate of two per month.
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NewsRecovery continues, but Raytheon trims guidance due to supply chain and 787 troubles
Supply chain pressures and Boeing’s halt of 787 deliveries are eating into Raytheon Technologies’ sales, leading the company to revise its 2021 sales expectations.
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NewsBreeze unveils first A220-300, rolls out ‘premium’ seats
US start-up Breeze Airways has unveiled its first Airbus A220, showing off the aircraft a Mobile event that comes several months after the company launched flights using Embraer regional jets.
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NewsGE Aviation’s third-quarter profit jumps as orders and aftermarket demand accelerate
General Electric’s aviation business turned a $846 million profit in the third-quarter of 2021 as orders for new aircraft engines and demand for aircraft aftermarket services recovered from 2020 lows.
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NewsJetBlue turns third-quarter profit with government support
JetBlue Airways turned a $130 million profit in the third quarter of 2021, buoyed by $186 million in financial aid related to US government coronavirus relief packages.
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NewsGE to close GECAS sale to AerCap on 1 November
General Electric expects to complete the sale of its GECAS unit to Irish aircraft lessor AerCap Holdings on 1 November.