All articles by Jon Hemmerdinger – Page 84
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NewsDemand for aftermarket services push P&W and Collins to Q2 profits
Surging commercial aftermarket revenue helped push Collins Aerospace and Pratt & Whitney – both divisions of Raytheon Technologies – to profits in the second quarter of 2021.
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NewsJetBlue returns to profitability in Q2 with government aid
JetBlue Airways swung to a $64 million profit in the second-quarter of 2021, a result reflecting US government Covid-19-related aid and an improving air travel market. Excluding special items, which include government payroll-support grants, JetBlue would have lost $206 million in the second quarter.
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NewsGE earns $176m second-quarter profit as engine orders and deliveries tick higher
GE Aviation has continued its profit streak, earning $176 million in the second quarter of 2021 amid revenue gains and a significant bump in orders for new engines.
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NewsUnion threatens strike as De Havilland moves to relocate Dash 8 production
The union representing De Havilland Canada’s manufacturing workers has threatened to strike as early as 27 July over issues related to potential layoffs and De Havilland’s planned relocation of Dash 8 production.
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NewsBoeing video reviews fuselage ‘gap’ issue that prompted 787 delivery halt
Boeing has released a video about the fuselage-related quality issues that led the company to halt deliveries of 787s. The Chicago-based airframer released the video on 23 July alongside an email from Boeing Commercial Airplanes chief executive Stan Deal to all Boeing’s commercial aircraft employees.
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AnalysisWhy the ill-timed 777X can still be a winner for Boeing
Pandemic, decimated international travel demand and certification delays. Why Boeing’s chief executive has no regrets about developing the 777X.
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AnalysisBoeing’s response to A321neo still unclear, but Max 10 narrows competitive gap
As the pandemic eases, Boeing finds itself in the familiar position of still having to address the competitive threat posed by Airbus’s A321neo – particularly the longer-range A321XLR variant.
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Analysis787 programme’s future remains bright, though scope of fuselage issues unclear
But despite stopping deliveries, despite fuselage issues, despite withered demand for international travel and despite markedly reduced 787 production rates, analysts still foresee bright tomorrows for the jet.
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AnalysisBoeing’s Max gains momentum as pandemic recovery accelerates
Despite ongoing technical issues, Boeing has recently landed significant new orders for the once-grounded narrowbody, progressed with clearing a hundreds-deep inventory of stored jets and achieved first flight of the Max 10.
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NewsSeeking global partnerships, Embraer nominates new board members with Boeing and GE Aviation chops
In a move reflecting its ambition to form international partnerships, Brazilian airframer Embraer has nominated two new members to its board of directors – Kevin McAllister, formerly of Boeing and GE Aviation, and Todd Freeman, also formerly of GE Aviation.
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AnalysisNew 787 issue casts fresh uncertainty over production rates, deliveries and possible forward loss
Boeing’s latest 787 manufacturing issues and associated production cut has raised more uncertainty about the programme, leaving analysts unclear about production rates, the pace of regulatory approval and whether the airframer might take another financial charge against the programme.
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NewsFAA grounds Rhoades Aviation, operator of 737 that crashed on 2 July
The Federal Aviation Administration has grounded Honolulu-based Rhoades Aviation, which operated a Boeing 737-200 that crashed into the Pacific Ocean after take-off from Honolulu on 2 July.
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NewsFAA orders airlines to test pressure switches in all 737s, citing risk of failure
The Federal Aviation Administration has ordered airlines to test cabin altitude pressure switches in all Boeing 737s, saying some operators have reported that both switches on several aircraft had failed.
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NewsPratt & Whitney Canada again commits to develop hybrid-electric propulsion system for regional airliners
With Canadian government support, Pratt & Whitney Canada is moving forward with project to equip a De Havilland Canada Dash 8-100 turboprop with a hybrid-electric propulsion system, with demonstrator flights scheduled to begin in 2024.
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NewsWheels Up becomes public company, raises $650m
US private-aviation services provider Wheels Up became a publicly traded company on 14 July, generating $650 million through a stock offering the company says will help fund accelerated global growth and technology investment.
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NewsDelta eyes continued financial recovery in second half of 2021
Delta anticipates its business will continue improving in the third quarter, with revenue and capacity expected to creep closer to 2019 levels thanks partly to strong demand for travel within the USA and to Latin America.
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NewsDelta returns to profit in Q2 with help from US government payroll grants
Delta Air Lines returned to the black posting a $652 million profit in the second quarter, aided by $1.5 billion in US government Covid-19 support,
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NewsUnited signs up to acquire Heart’s in-development electric regional airliner
United Airlines and its regional partner Mesa Airlines have agreed to buy a combined 200 of an all-electric 19-passenger regional aircraft under development by Heart Aerospace. Additionally, United’s in-house venture capital arm United Airlines Ventures has invested an undisclosed amount of money in Sweden-based Heart. “United Airlines has conditionally agreed ...
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NewsBoeing’s orders and deliveries bump higher in June as recovery continues
Boeing’s aircraft deliveries and new orders continued to climb in June, reflecting what the company describes as airlines positioning themselves for recovery from the pandemic-driven downturn.
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NewsBoeing slows 787 production to address forward pressure bulkhead manufacturing issue
Boeing is slowing 787 production in order to address a new manufacturing issue that the company says involves an issue with the jet’s forward pressure bulkhead.