North America – Page 158
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NewsBoeing loses $4.3bn in 2021, takes billions in charges against 787 programme
Troubles with the 787 that have lasted longer than expected led Boeing to take a $3.5 billion charge in the fourth quarter of 2021, pushing the company to another full-year loss, this time to the tune of $4.3 billion.
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NewsHawaiian narrows Q4 loss; sees international recovery later in 2022
Hawaiian Holdings, the parent company of Hawaiian Airlines, says fourth-quarter losses narrowed as tourists returned to the Pacific Ocean archipelago in greater numbers toward the end of 2021.
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NewsRaytheon warns of supply chain and labour challenges in 2022
Supply chain troubles, labour shortages and inflation will continue pressuring Raytheon Technologies’ results in 2022, affecting operations of subsidiaries Pratt & Whitney and Collins Aerospace.
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NewsAftermarket sales help push P&W and Collins to 2021 profits
Pratt & Whitney swung to a $454 million operating profit in 2021, a year characterised by stronger demand for aftermarket services and new aircraft engines.
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NewsLockheed Martin reports record $67 billion in sales for 2021
Lockheed Martin has reported net sales valued at slightly over $67 billion for 2021, with its record performance up 3% from roughly $65.4 billion the previous year.
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NewsUS government sues to stop Lockheed Martin from acquiring Aerojet Rocketdyne
The US Federal Trade Commission (FTC) has sued to stop Lockheed Martin from acquiring Aerojet Rocketdyne, saying the $4.4 billion deal has the potential to destroy competition in an area vital to national security and US defence interests.
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NewsGE Aviation turns solid 2021 profit despite fewer engine shipments
GE Aviation turned a $2.9 billion profit in 2021, more than double its 2020 earnings, reflecting cost cutting and a bump in commercial engine services revenue.
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NewsIATA warns of airfare impact as high jet fuel prices push up airline operating costs
High Jet fuel prices will prompt air fares to rise this year if current trends continue, according to global airline association IATA.
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NewsUS Navy F-35C suffers ‘landing mishap’ in South China Sea
A US Navy F-35C Lightning II aircraft was involved in “a landing mishap” aboard the USS Carl Vinson aircraft carrier on 24 January, injuring seven people.
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NewsBoeing to support Wisk with engineering and certification expertise
Air taxi developer Wisk Aero has made clear that Boeing’s backing extends well beyond financing to also include engineering, safety and certification support.
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NewsBusiness travel will not return to pre-pandemic levels: Avelo CEO
Avelo Airlines’ chief executive Andrew Levy says business travel will not return to pre-pandemic levels since new technologies have matured enough to make companies and employees think twice about corporate trips.
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NewsBoeing invests another $450m in air taxi developer Wisk
US electric air taxi developer Wisk Aero has secured $450 million in new funding from Boeing, an existing backer that helped form Wisk in 2019 through a partnership with Kittyhawk.
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NewsLessor Azorra signs for 20 Embraer E2 regional jets
US lessor Azorra has signed for 20 Embraer E2 jets and taken purchase rights on 30 more of the type.
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Airline BusinessAirlines continue slow progress on gender diversity in C-suite but JetBlue shines
The crisis-hit global airline industry continued its slow but consistent progress towards gender parity in the C-suite during 2021, with standout progress in some key areas – including a doubling of the number of women leading carriers.
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InterviewHow F-35A demonstration pilot Major Kristin Wolfe became star of the show
F-35A Demonstration Team commander Major Kristin Wolfe has the enviable job of putting the stealth fighter through its paces for the US public, helping others to also fall in love with aviation.
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AnalysisIs pilot skills fade another symptom of the pandemic?
Reduced flying time during the pandemic has raised concerns that pilots could be more prone to error and cognitive lapses – with studies pointing towards the risk of a lasting decay in capability.
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AnalysisHow fatal lapses impacted airline safety in 2021
Assessing the airline industry’s recent safety performance is tricky during the pandemic-driven downturn, but alarming and deadly mishaps remain all too common away from the mainline carriers.
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NewsRetired B-52H to serve as mock-up for systems integration work
A retired Boeing B-52H bomber will assume a new role as a ground-based integration model to test new technologies with the venerable type.
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NewsUS DOT suspends 44 flight segments served by Chinese carriers
The US Department of Transportation (DOT) has suspended 44 flight segments operated by Chinese air carriers in retaliation for Chinese cancellation of flights by US carriers due to alleged violation of the Asian country’s Covid-19 rules.
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Airline BusinessIf 2022 is not the year for new airline partnerships, when will be?
As the sector emerges from the pandemic, many airline chief executives are talking up the value of partnerships with renewed enthusiasm.