All articles by Jon Hemmerdinger – Page 64
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News
Bombardier to cease Learjet production at year-end
By the end of 2021 Bombardier will stop producing Learjets, a brand launched in the early 1960s by Bill Lear that quickly became synonymous with luxury travel for stars and business moguls.
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News
Analysts urge Boeing: launch a mid-market jet
Aerospace analysts are increasingly in agreement that Boeing must build a new narrowbody jet – lest it lose a huge chunk of valuable market share to competitor Airbus.
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News
Air travel could fully recover by late 2022: analyst
A leading aerospace analyst is predicting that airline passenger traffic will return to 2019 levels by the end of 2022 – one to two years sooner than predicted by others.
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Archer to go public as United partners with view to 200-strong eVTOL order
Palo Alto-based air taxi developer Archer has secured a $1 billion aircraft commitment from United Airlines and unveiled a plan to become a publicly traded company worth $3.8 billion.
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News
Boeing’s backlog slips by 39 jets in January
Boeing’s backlog of commercial aircraft declined by 39 aircraft in January, though the company did receive new orders during the month for four 747-8 Freighters.
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News
Textron unveils cabin-updated CJ4 variant
Textron Aviation has updated the Cessna CJ4’s cabin to create a new variant of the light-twin business jet called the CJ4 Gen2
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News
UPS receives first cockpit-updated A300, aims for fleet-wide updates by end-2022
Express air shipment company UPS has received its first Airbus A300 Freighter with Honeywell avionics updates and is now working to have its entire fleet upgraded before the end of 2022.
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Analysis
Boeing turns page on troubled 2020 but strategy ill defined
Some analysts view Boeing’s fourth quarter 2020 results as a case of a company clearing the decks – dumping a barrel of bad news at the end of a terrible year so as to focus on rebuilding in 2021.
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News
American warns of more layoffs as expected summer travel demand falls short
Citing the slow pace of vaccinations and new travel restrictions, American Airlines has warned 13,000 workers they might be laid off after government aid expire on 31 March.
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News
Sunwing takes two more 737 Max from Air Lease
Lessor Air Lease has resumed deliveries of the Boeing 737 Max, having handed two of the jets to Canadian leisure carrier Sunwing Airlines.
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News
Boeing to issue nearly $10bn in debt
Boeing is working to issue another $9.8 billion in debt for the purpose of paying off and refinancing other liabilities.
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News
Former Boeing CEO’s start-up aims to invest in advanced aerospace technology
A new aerospace company led by former Boeing head Dennis Muilenburg has assembled an experienced management team and aims to advance technologies such as alternative propulsion, automation and manufacturing.
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News
Boeing’s commercial backlog value plunged 25% in 2020
The value of Boeing’s commercial aircraft backlog sunk 25% in 2020 as customers scuttled orders and sales uncertainty led Boeing to shift jets out of its firm backlog.
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News
Boeing delays 737 Max 10 deliveries two years, to 2023
Boeing has further delayed its 737 Max 10 programme by two years, with deliveries of the largest variant of its re-engined narrowbody now scheduled to begin in 2023.
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News
Wheels Up to become public company in Q2
US private aviation company Wheels Up Partners has unveiled a plan to become a publicly traded company by merging with a “blank check company”.
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News
Boom Supersonic hires aerospace, marketing veterans
Supersonic airliner developer Boom Supersonic has hired two senior executives with experience working at globally known aerospace and technology companies.
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News
Bombardier becomes pure business jet company with sale of rail unit
Bombardier has completed its planned transformation into solely a business jet manufacturer, having closed the sale of its train business to French company Alstom.
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News
AeroTec expands maintenance work, hangar space
Aerospace services company AeroTec has opened a third maintenance hangar in Moses Lake, Washington and secured approvals to maintain several aircraft types.
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News
US airlines blast possible Covid-19 test requirement for domestic travellers
Requiring Covid-19 tests for US domestic air passengers would be unnecessary, complex and impractical – or as one Southwest Airlines executive puts it, “a real goat rodeo”.
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News
JetBlue lost $1.4bn in 2020
JetBlue Airways lost $1.4 billion in 2020, but is stressing that network and fleet shifts should position it to perform well when the air travel market recovers.