MRO – Page 43
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News
Sales of assets push up Bombardier’s aircraft profits in Q1
Bombardier’s commercial and business aircraft divisions posted stronger profits in the first quarter of 2019, reflecting sales by Bombardier of major assets formerly held by each unit.
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Boeing created new legal position with focus on 737 Max crashes
Boeing’s has given its former general counsel the new job of providing legal advice on matters related to the two recent Boeing 737 Max crashes.
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Bombardier to sell Belfast and Morocco sites
Bombardier has combined its commercial and business aircraft units into a single division called Bombardier Aviation, and will seek to divest its aerostructures businesses in Belfast and Morocco.
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Spirit AeroSystems secures Asco price discount to reflect delays
Spirit AeroSystems has negotiated a 7% discount on the price to acquire Belgian aircraft component maker Asco, securing new terms to reflect lengthy delays resulting partly from regulatory holdups.
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Spirit AeroSystems slashes costs amid revised 737 production plan
Spirit AeroSystems, maker of 737 fuselages, has unveiled a plan to reduce 2019 costs by some $50 million and shelved plans to boost 737 production.
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NewsTroubled Piaggio Aerospace launches search for a buyer
Piaggio Aerospace’s administrator is looking to sell the company, and is inviting expressions of interest to acquire part of, or all of the Italian firm.
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ST Engineering to grow capacity of newly purchased nacelle unit
Fresh from acquiring a US-based nacelle manufacturer from GE Aviation, Singapore's ST Engineering plans to further invest in the unit's capabilities and grow its MRO capacity in the near future.
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Collins partners to develop electric propulsion for Airlander 10
Collins Aerospace has partnered with airship maker Hybrid Air Vehicles and the UK’s University of Nottingham to develop a 500kW (650hp) electric propulsion system for the Airlander 10 airship.
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MTU sees growth across all activities during first quarter
German engine specialist MTU has confirmed its full-year financial targets after reporting a 7.1% rise in first-quarter adjusted operating profit, to €188 million ($211 million).
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GE Aviation maintains output amid Max crisis and warns of Q2 hit
The grounding of the Boeing 737 Max has not yet significantly impacted the profits of engine maker GE Aviation, though General Electric’s chief executive warns of a potential $224 million impact in the second quarter.
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Siemens taps locomotive skills for aircraft electric motors
Siemens is borrowing engineers from its locomotive business to develop electric motors for what it believes will be a major shift in the aviation industry that will result in a big market for electric-powered aircraft in the coming decades.
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AnalysisANALYSIS: Boeing CEO defends MCAS and addresses pilot procedures
Boeing’s chief executive faced an onslaught of questions on 29 April about the 737 Max and the internal processes that developed the flight control system suspected of contributing to the deaths of 346 people.
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Boeing not proposing required simulator time for 737 Max pilots
Boeing does not believe pilots should be required to complete training in a flight simulator prior to flying the 737 Max once regulators lift the aircraft’s grounding.
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US pilots test Boeing’s new computer-based Max training
Boeing is sharing a proposed computer-based pilot training session with US pilot unions as part of its work to return the 737 Max to service, several sources familiar with Max’s re-certification efforts say.
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NewsBoeing 777X and NMA timelines unaffected by 737 Max issues: CEO
Boeing’s chief executive has assured investors that the company’s massive effort to return the 737 Max to service has not affected – at least not significantly – 777X development or potential development of the “new mid-market airplane” (NMA).
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SR Technics breaks ground on new hangar in Malta
SR Technics has started construction of a Maltese hangar which is to become the Swiss maintenance provider's airframe MRO centre.
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SR Technics upgrades Virgin Atlantic A330-200 cabins
Swiss maintenance provider SR Technics has reconfigured the cabins of four Airbus A330-200s for Virgin Atlantic.
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P&W’s production capacity too pinched for further rate increases
Pratt & Whitney’s production capacity remains too tight to further boost geared turbofan output should demand for Airbus narrowbodies increase amid the 737 Max grounding, says the chief executive of P&W parent United Technologies.
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UTC expects hit from 737 Max grounding but maintains 2019 target
United Technologies (UTC) expects the global grounding of the 737 Max will dent 2019 profits, although the company still expects its aerospace business will meet financial targets amid strong demand for new equipment and aftermarket sales.
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P&W’s Q1 deliveries fall sequentially but profits creep higher
Pratt & Whitney’s large commercial aircraft engine deliveries declined in the first quarter to the fewest in the last three quarters, but the company’s profits inched up amid continued strong demand.