All articles by Jon Hemmerdinger – Page 76
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NewsTwo Boeing board members to step down in latest shake up
Two Boeing board members to step down in latest shake up
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NewsDe Havilland to halt Dash 8 production, exit Downsview assembly site
De Havilland Aircraft of Canada will temporarily stop producing Dash 8s and begin vacating its Downsview Toronto production site in the second half of 2021.
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NewsASL orders 10 more 737-800 converted freighters
Irish airline group ASL Aviation Holdings has ordered another 10 737-800 Boeing Converted Freighters (BCFs), bringing to 21 the number of those jets it intends to acquire. The orders are conversions of previously held options. ASL, based near Dublin, took those options alongside a firm order for 10 737-800BCFs that ...
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NewsCAE’s civil training business remains profitable in most-recent quarter
Canadian pilot training company CAE’s civil aerospace business turned a C$48 million ($38 million) operating profit in the third quarter of the company’s 2021 fiscal year despite the pandemic driving revenue down by more than half.
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NewsVolaris sticks with P&W turbofans for another 80 A320neos
Mexican discount airline Volaris has agreed to power another 80 incoming Airbus A320neo-family jets with Pratt & Whitney PW1100G geared turbofans.
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NewsBombardier to cut 1,600 jobs and reduce manufacturing footprint in bid to slash costs
Bombardier in 2021 will eliminate 1,600 jobs, concentrate aircraft completions work in Montreal and divest real estate as part of a plan to eliminate hundreds of millions in annual costs and recapture profitability.
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NewsBombardier 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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NewsAnalysts 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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NewsAir 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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NewsArcher 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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NewsBoeing’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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NewsTextron 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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NewsUPS 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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AnalysisBoeing 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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NewsAmerican 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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NewsSunwing 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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NewsBoeing 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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NewsFormer 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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NewsBoeing’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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NewsBoeing 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.