All articles by Jon Hemmerdinger – Page 71
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Max cancellations inch up in October as Boeing lands no new orders
In October, Boeing lost another 12 orders for the 737 and received no new commitments for any commercial aircraft type, while deliveries inched up to 13 jets.
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FAA to complete 737 Max review in ‘coming days’
The Federal Aviation Administration expects “in the coming days” to complete its review of Boeing’s changes to the 737 Max, signaling it may soon clear the Max to fly.
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Air Lease removed 14 more 737 Max from its order commitments in Q3
Aircraft lessor and top Boeing customer Air Lease slashed its 737 Max order book by 14 aircraft in the third quarter, bringing its year-to-date cancellations of the type to 19.
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Promise of Covid vaccine sends aerospace stocks soaring on 9 November
Aerospace stocks surged on 9 November following news about a promising coronavirus vaccine under development by pharmaceutical company Pfizer.
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Air Lease execs doubt Boeing might soon launch new jet
Air Lease executive chair Steven Udvar-Hazy doubts Boeing is anywhere close to launching a new commercial aircraft programme, countering recent media reports suggesting otherwise.
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Aviation will need 27,000 new pilots in 2021 as shortage continues despite downturn: CAE
Despite an industry slump that has seen mass pilot layoffs, the global civil aviation industry will still require an estimated 27,000 new pilots by the end of 2021, or 264,000 over the coming decade.
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Minicucci to succeed Tilden as Alaska chief executive next year
Alaska Air Group chief executive Brad Tilden is to step down from the role on 31 March 2021 to be succeeded by Alaska Airlines’ president and long-time company veteran Ben Minicucci.
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Triumph completed G650 wing work sale to Gulfstream in August
Aerospace company Triumph Group confirms that in August it completed a planned sale of G650 wing work Gulfstream for proceeds of $52 million.
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Former SpaceX, Tesla engineer to lead Boeing’s software team
Boeing has hired a former SpaceX and Tesla executive with autonomous technology experience to lead its software development team.
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Lawsuit seeks to force release of FAA’s 737 Max ‘ungrounding’ documents
A US advocacy group has asked a federal judge to order the Federal Aviation Administration to release some 100 documents related to the agency’s pending re-certification of the Boeing 737 Max.
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Bombardier plans restructuring as it transitions to aviation-only company
Bombardier has broadly laid out a plan to return to profitability in the coming years as a standalone aviation company that will deliver 100 to 120 business jets annually.
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Aero engine makers shrink to survive, putting development projects in doubt
Just how significantly the coronavirus pandemic has hammered aircraft engine makers came starkly into view in recent weeks, when several top manufacturers disclosed third-quarter results. Whether this will affect future disruptive initiatives remains to be seen
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Spirit AeroSystems aims for 10-monthly 737 rate in early 2021
Spirit AeroSystems intends to produce 737 fuselages at a rate of 10 monthly starting in January 2021 – a rate that would allow the company to burn down its inventory of finished fuselages.
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Spirit AeroSystems reports $156m Q3 loss
Wichita-based aerostructures manufacturer Spirit AeroSystems lost $156 million in the third quarter of 2020 amid tumbling revenue resulting from the dual pressures of the pandemic and Boeing 737 Max grounding.
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Trump or Biden: How might aerospace fare?
How might a Joe Biden presidency impact the aerospace sector differently than another four years with President Donald Trump in the White House?
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Textron Aviation posts Q3 loss but aims to turn profitable in Q4
Textron Aviation lost $29 million in the third-quarter, but executives predict the aircraft manufacturer will regain profitability in the final quarter of 2020.
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Embraer tweets picture of conceptual turboprop, hints at potential design
Embraer has released an image of what appears to be a conceptual turboprop aircraft with a fuselage seemingly borrowed from the company’s E-Jet.
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Boeing CEO downplays 737 production-site shift, office space cuts coming
Boeing’s chief executive has downplayed the likelihood that the company might move 737 manufacturing from Renton to Everett as part of a broader corporate-wide restructuring.
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Kalitta to be launch operator of 777-300ERSF converted freighter
Kalitta Air will be the first airline to operate the Boeing 777-300ERSF, a converted freighter being developed by lessor GECAS and Israel Aerospace Industries (IAI).
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Boeing assessing technologies for next commercial jet: CEO
Boeing continues working toward development of a new commercial aircraft, though chief executive David Calhoun has disclosed few details.