All articles by Jon Hemmerdinger – Page 77
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NewsWheels 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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NewsBoom 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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NewsBombardier 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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NewsAeroTec 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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NewsUS 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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NewsJetBlue 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.
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NewsPSA Airlines grounds ‘most’ of CRJ fleet for inspections
US regional carrier PSA Airlines has removed “most” of its fleet of MHIRJ CRJ-series regional jets from service so as to inspect nose landing-gear doors.
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NewsBoeing CEO hints ‘mid-market’ aircraft remains on the table
Boeing’s chief executive has hinted that the company might still develop an aircraft similar to the conceptual jet known as the “New Mid-market Airplane”.
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NewsBoeing warns of 787 forward loss charge
Boeing may need to take a forward loss on its 787 programme if it must further trim production or if long-term demand dries up.
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NewsBoeing to resume 787 deliveries no sooner than February
Boeing’s pause on 787 deliveries will continue until at least February, when the company expects to resume 787 deliveries following a several-month hiatus.
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NewsBoeing trims 777X production quantity expectation by 50 jets
Boeing has reduced the number of 777X it expects to produce over the life of that aircraft programme from 400 to 350 aircraft – a 12.5% cut.
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NewsBoeing making design modifications to 777X
Boeing’s latest 777X delay results partly from modifications Boeing is making to the jet’s design, including to actuator controls, so as to meet regulators’ “expectations”.
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NewsBoeing reports $11.9bn 2020 loss, logs billions in Q4 charges
US manufacturing giant Boeing lost a staggering $11.9 billion in 2020, due partly to a $6.5 billion charge on its 777X programme but also the 737 Max grounding and the pandemic’s evaporating effect on travel demand.
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NewsBoeing delays first 777-9 delivery to 2023, takes $6.5bn charge
Boeing has further delayed the 777-9 programme, saying it intends to deliver the first of the aircraft type in late 2023. The decision, which Boeing disclosed on 27 January, marks another in a string of 777X programme delays. The company had most recently said it would deliver the 777-9, the ...
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NewsCanada’s Flair Airlines to operate 13 Boeing 737 Max 8s
Canadian discount carrier Flair Airlines will lease 13 new Boeing 737 Max 8s from Miami-based private equity company 777 Partners, with deliveries starting in “early 2021”.
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NewsAeromexico and LATAM seek to codeshare on US flights
Aeromexico and LATAM Airlines Group have agreed to a codesharing partnership under which Aeromexico’s flights to the USA will carry LATAM flight codes.
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NewsCommercial aerospace recovery will begin in Q2, accelerate through 2021: Raytheon
Raytheon Technologies believes its subsidiaries Pratt & Whitney and Collins Aerospace will begin experiencing notable recovery starting in the second quarter of 2021.
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NewsFewer engine shipments and less aftermarket work hammer P&W and Collins 2020 results
Steep losses at Pratt & Whitney and slumping profits at Collins Aerospace pushed parent company Raytheon Technologies to a $3.5 billion loss in 2020.
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NewsGE Aviation eyes recovery this year, as 2020 profits plunge by 82%
In 2020, GE Aviation’s engine sales sank 48% and its service revenue tumbled 36%, but the company expects the aerospace sector will begin recovering in the second half of this year.
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NewsDOT faces new pressure to halt implementation of American-JetBlue joint business
The US Department of Transportation (DOT) is receiving more pressure to reexamine an already-approved revenue-sharing partnership between American Airlines and JetBlue Airways.