North America – Page 33
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NewsBell secures $1.6bn contract for Canadian CH-146 sustainment
The $1.68 billion deal between Ottawa and Bell Textron Canada will provide maintenance and overhaul support to the Royal Canadian Air Force’s fleet of 82 CH-146 Griffon utility helicopters.
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NewsLockheed to integrate latest air defence suppression missile with all F-35 variants
The manufacturer of the advanced F-35 stealth fighter received a $97 million Pentagon contract to begin early development work on integrating the Northrop Grumman AGM-88G Advanced Anti-Radiation Guided Missile – Extended Range with all three variants of the fifth-generation jet.
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Airline BusinessSpirit at risk of bankruptcy and liquidation as JetBlue deal falls through: TD Cowen
In the wake of a US judge’s decision to block JetBlue Airways’ attempted acquisition of Spirit Airlines, it is unclear how the respective low-cost carriers will chart paths forward.
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NewsNixed JetBlue-Spirit deal might impact Alaska-Hawaiian transaction
The blocked acquisition of Spirit Airlines by JetBlue Airways could have some bearing on another potential blockbuster deal in the US market: Alaska Airlines’ bid for Hawaiian Airlines.
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NewsBoeing names retired Navy admiral to lead ‘independent’ quality review
Boeing has started forming a team to lead a detailed assessment of product quality, a move coming in response to an issue that forced US regulators to ground 171 737 Max 9s 10 days ago.
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NewsUS court blocks JetBlue’s acquisition of Spirit
A US district court ruled on 16 January that JetBlue Airways’ proposed $3.8 billion acquisition of rival low-cost carrier Spirit Airlines cannot proceed, blocking the deal on anti-competitive grounds.
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NewsSAS to open transatlantic service to SkyTeam hub Atlanta
Star Alliance carrier SAS is to open a new transatlantic service to Atlanta, a key hub for rival alliance SkyTeam which the airline is set to join. It will start serving Atlanta from Copenhagen on 17 June. The carrier’s reservations system indicates it will use Airbus A330-300s on the route. ...
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In depthHelios Horizon sets sights on stratospheric electric flight in 2025
Helios Horizon, a small US aerospace project seeking to demonstrate electric propulsion, aims to break a world altitude record for electric aircraft this summer and in 2025 to fly higher, into earth’s stratosphere.
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Airline BusinessAirline Business Covid-19 recovery tracker: January 2024 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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AnalysisAirbus widened order and delivery edge over Boeing in 2023
For the fifth consecutive year, Airbus in 2023 delivered more aircraft and landed more orders than Boeing, reflecting the US company’s ongoing difficultly in overcoming troubles with its aircraft programmes, most notably with the 737 Max.
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Airline BusinessAlaska initially offered $20 per share for Hawaiian but revised bid as stock slid
In its initial bid to acquire Hawaiian Airlines, Alaska Airlines offered $20 per share before the two sides eventually agreed on a final price of $18, as the Honolulu-based carrier’s stock lost two-thirds of its value during the second half of 2023.
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NewsFinancial firm BlackRock takes over London Gatwick and Sydney airports investor GIP
Investment advisory firm BlackRock is to acquire Global Infrastructure Partners, the entity whose portfolio includes London Gatwick, Edinburgh and Sydney airports. BlackRock has agreed to take over GIP for $3 billion of cash and around 12 million BlackRock common shares. The transaction is expected to close in the third quarter ...
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NewsFAA asks Boeing for ‘additional data’ before approving Max 9 inspection protocol
The Federal Aviation Administration is asking Boeing to provide “additional data” before it approves ”an extensive and rigorous” inspection protocol that would allow the Boeing 737 Max 9 to return to service.
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News‘Quiet’ supersonic X-59 demonstrator unveiled by NASA and Lockheed
With the drop of a curtain, NASA and Lockheed Martin on 12 January revealed the experimental X-59 aircraft that is intended to demonstrate the potential of “low-boom” supersonic flight.
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NewsFAA warns travellers to brace for weather-related chaos
The Federal Aviation Administartion is warning travellers this long holiday weekend that inclement winter weather may cause havoc for air travel across the nation.
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NewsPentagon unveils first-ever national strategy for defence industry
The new National Defense Industrial Strategy hopes to address significant challenges that arose within critical manufacturers following the Covid-19 pandemic, including lack of critical inventory and labour shortages, and a slow-to-adapt government acquisition process.
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Airline BusinessSupply chain issues will plague aviation for some time: Delta CEO
Delta Air Lines’ chief executive Ed Bastian says supply chain issues will continue to plague the industry for some time, citing Pratt & Whitney’s engine recall as an example.
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NewsFAA launches audit of Boeing and considers third-party oversight of 737 Max quality
The Federal Aviation Administration has launched an audit into Boeing’s production system as part of its investigation into why an Alaska Airlines 737 Max 9’s emergency exit door plug failed during a flight last week.
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NewsDelta posts profit of $4.6bn for 2023
Delta Air Lines posted a full-year 2023 profit of $4.6 billion on revenue 20% higher year on year, and reports a strong profit for the fourth quarter.
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NewsDelta Air Lines orders 20 A350-1000s
Delta Air Lines has announced an order for 20 Airbus A350-1000s, with options for 20 more of the larger variant.