H2FLY to lead new German-backed fuel cell powertrain development
Advanced powertrain developer H2FLY is to lead a consortium in the development of a 350kW fuel cell system for commercial aircraft applications in a German government-backed project.
MHI aero engines unit sees PW1100G issues impacting profit, despite revenue increase
Mitsubishi Heavy Industries’ aero engines business took a hit in its full-year results from the ongoing technical issues surrounding the Pratt & Whitney PW1100G engine, in which it is a key partner.
‘They break down more often’: AerCap CEO addresses new-engine durability
New-generation turbofans powering Airbus A320neo-family jets and Boeing’s 737 Max are simply not as durable as the engines they replace, says AerCap chief executive Aengus Kelly.
AerCap reaches agreement to purchase 150 Leap engines as spares
Irish aircraft lessor AerCap has reached an agreement covering the purchase of 150 CFM International Leap engines, which will be used as spares for its growing fleet of Airbus A320neo-family jets and Boeing 737 Max aircraft.
Magnix names Reed Macdonald as new CEO
Electric propulsion developer Magnix has named longtime avionics and finance executive Reed Macdonald as its next chief executive, filling a role held until recently by former Rolls-Royce executive Nuno Taborda.
Spirit lost $143m in first quarter as airline pursues cost and capacity cuts
Spirit Airlines lost $143 million in the first quarter of 2024 amid heightened competitive pressures and other factors that have prompted the airline to shrink its operation and to seek out cost savings.
South Korea’s Hanwha ventures into engine leasing
South Korean conglomerate Hanwha has launched Hanwha Aviation, its first foray into the engine leasing business.
Prototype ‘Russified’ SJ-100 flown to Zhukovsky for flight-test campaign
United Aircraft has transferred the prototype import-substituted Yakovlev SJ-100 to Moscow’s Gromov institute for flight certification testing.
MTU reaffirms financial outlook for next two years despite PW1000G overhang
Strong commercial engine maintenance revenue and contribution from its share of the EJ200 programme for the Eurofighter Typhoon helped MTU Aero Engines to offset issues with the Pratt & Whitney PW1000G geared turbofan and supply chain challenges in the first quarter.
Reduced Leap-1B output weighing on CFM’s full-year delivery plans, says Safran chief
CFM International’s planned increase in the rate of Leap engine deliveries this year could face a further downward revision if Boeing does not resolve its 737 Max production issues, one half of the narrowbody propulsion joint venture has cautioned.