All articles by Jon Hemmerdinger – Page 94
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In depthAerospace suppliers shift to healthcare production to help understocked hospitals
Amid the coronavirus downturn an increasing number of aerospace manufacturers and suppliers are shifting to the production of medical products hospitals need to treat increasing numbers of seriously ill coronavirus patients.
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NewsAir Canada to apply for federal wage subsidies
Air Canada is seeking newly available federal wage subsidies for 36,000 domestic employees, including roughly 16,500 workers who have already lost their jobs.
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NewsSpirit AeroSystems furloughs Boeing programme workers
Spirit AeroSystems is furloughing workers in Wichita, Kansas and in Oklahoma for 21 days, a move building on its other recent staff reductions.
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NewsSpirit extends shutdown of Boeing production sites
Spirit AeroSystems has extended beyond 8 April the shutdown of several sites that support Boeing programmes, a change coming in response to Boeing’s decision to extend closures of its sites in Washington State.
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NewsFAA proposes noise standards for new class of supersonic civilian jets
The US Federal Aviation Administration is moving forward with an effort to establish noise certification standards for supersonic aircraft, a development intended to set the US government on a path to permitting a new class of ultra-fast jets.
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NewsBoeing shuts down South Carolina 787 site due to coronavirus
Boeing will suspend production at its 787 facility in North Charleston, South Carolina on 8 April “until further notice” due to the spread of coronavirus.
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NewsHexcel and Woodward cancel merger due to coronavirus downturn
Downturn and broader economic fallout caused by coronavirus prompts Woodward and Hexcel to terminate planned merger
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In depthRaytheon Technologies merger comes at perfect time for UTC
The timing of the merger that created Raytheon Technologies seems about perfect for the company formerly known as United Technologies (UTC), which had been heavily reliant on the now-slumping commercial aerospace industry.
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NewsUS government reminds airlines of ticket refund rules amid pandemic cancellations
An increase in passenger complaints have led the US Department of Transportation to remind airlines that even amid the coronavirus downturn they must abide by government air ticket refund regulations.
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NewsFile coronavirus grant applications by end of day 3 April: US government
The US Department of the Treasury is asking airlines and air transport businesses to submit applications for government payroll grants via an online portal before the close of the 3 April business day.
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NewsUnited Technologies-Raytheon merger to close today
The merger of United Technology’s aerospace divisions and Raytheon is now expected to close the morning of 3 April after UTC’s spin off of its non-aviation businesses Carrier and Otis.
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In depthSimulator tests demonstrate 737 Max manual trim difficulties
Simulator tests conducted last year provide insight into flight scenarios that can leave Boeing 737 Max pilots struggling or unable to manually trim the aircraft back to level flight.
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NewsBoeing takes steps to cut headcount, initiates employee buyout programme
Boeing has taken initial steps to cut its workforce by offering voluntary separation packages to US-based employees, part of a plan to help the company weather what could be an extended industry downturn.
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Airline BusinessUS carriers race to shrink fleets as nearly 400 near-term aircraft deliveries loom
The speed at which a handful of US passenger airlines bounce back from the coronavirus pandemic will to a large degree determine how significantly the virus downturn wallops airframers Airbus and Boeing.
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NewsFAA eases some flight crew requirements in response to pandemic
The Federal Aviation Administration has eased some flight crew training and medical requirements in light of the coronavirus outbreak.
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NewsUS aerospace industry reviewing aid options in 880-page coronavirus relief bill
The coronavirus relief law signed by President Donald Trump on 27 March sets aside billions of dollars in available loans to distressed and national-security-critical companies – categories into which aerospace manufacturers like Boeing and its suppliers may fall.
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NewsDOJ requires divestitures prior to Raytheon-UTC tie up
The US Department of Justice (DOJ) will only approve the proposed Raytheon-United Technologies merger if the companies divest some radio, optical and GPS businesses.
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AnalysisUS government aid to aerospace could mean oversupply in future, but avert ‘catastrophe’ now: analyst
While government support would provide vital relief to US aerospace manufacturing at a time of impending crisis, such aid could create a “synthetic” aircraft market to the detriment of the industry in future years.
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In depthSpirit AeroSystems targets year-end opening of Scotland wing development site
Spirit AeroSystems expects by year-end to open a new facility in Prestwick, Scotland where it will research and develop manufacturing and production technologies aimed at helping the company land contracts to supply Airbus’ next single-aisle aircraft programme.
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In depthCash reserves give Boeing 10 months of breathing room, analysts suggest
Boeing should have sufficient liquidity to keep operating for eight to 10 months, possibly longer, according to analysts, despite speculation about its financial condition based on recent calls for $60 billion in government aid for the US aerospace industry.