North America – Page 75
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NewsBoeing secures $10bn in new credit and looks to raise another $25bn
Boeing is taking steps to secure billions in additional funds as it works to bolster its troubled balance sheet amid a costly machinists strike.
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NewsSouthwest calls Elliott’s request for shareholder meeting ‘unnecessary and inappropriate’
The war of words between Southwest Airlines and its minority shareholder Elliott Investment Management continues as the airline refutes Elliott’s request to hold a special shareholder meeting later this year.
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NewsEve secures $88m loan from Brazilian government to build production facility
Embraer-backed Eve Air Mobility has received a $88 million loan from Brazil’s National Development Bank (BNDES) to fund the company’s new facility in Taubate, about 43km (27 miles) northeast of Embraer’s headquarters in San Jose dos Campos.
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NewsBell drops Spirit AeroSystems as supplier of FLRAA fuselages
The decision from Bell comes as Boeing works to close its acquisition of Spirit, which manufacturers numerous structural components for Boeing jets, including 737 fuselages.
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In depthSikorsky to modify ‘MX’ Black Hawk for autonomous flight
Under a $6 million grant from the US Defense Advanced Research Projects Agency, Sikorsky will modify a government-owned UH-60M helicopter with autonomy technologies that could allow for single-pilot or fully pilotless flight.
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NewsLeonardo UK launches BriteStorm stand-in jammer, with big US ambitions
Leonardo UK has launched its latest airborne electronic warfare (EW) product, with the BriteStorm payload to enable small unmanned air vehicles (UAVs) to perform stand-in jamming tasks such as targeting enemy integrated air defence systems.
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NewsElliott formally requests Southwest Airlines special shareholder meeting
Southwest Airlines’ minority investor Elliott Investment Management has requested a special shareholder meting to be held in early December, in its fight to oust chief executive Bob Jordan and much of the company’s board of directors.
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NewsNigerian carrier Air Peace’s chief faces charges over alleged bid to halt fraud probe
Nigerian carrier Air Peace’s founder and chief executive, Allen Onyema, has been indicted by US authorities alleging obstruction of justice by filing false documentation intended to end a previous investigation.
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NewsFAA lacks adequate method to oversee Boeing production issues: government report
The US Department of Transportation’s (DOT) top inspector says the Federal Aviation Administration lacks effective oversight of Boeing’s 737 and 787 production systems.
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NewsBoeing to cut 10% of workforce and end 767F production, while delaying 777X
Boeing plans to lay off roughly 17,000 workers, delay its first 777-9 delivery and end 767 Freighter production, part of a plan to restructure its business around “core” products and keep afloat amid a crippling machinists strike and numerous other business challenges.
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NewsDelta to resume LA-Shanghai flights as part of broader 2025 network shift
Delta Air Lines plans next summer to resume flights from Los Angeles to Shanghai and to launch a route from Minneapolis to Copenhagen, part of the airline’s broader network shuffle.
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NewsUnited anticipates receiving first A321XLR in January 2026
United Airlines expects to take delivery of its first Airbus A321XLR in January 2026, at which point the long-range narrowbody jets will start replacing United’s ageing Boeing 757s.
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NewsDelta now expects delivery of first 737 Max 10s in 2026
Delta Air Lines is now scheduled to take its first Boeing 737 Max 10 in 2026, a year later than the US carrier previously expected to begin integrating the yet-to-be-certificated type into its fleet.
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Airline BusinessDelta’s ‘premium’ products providing edge over US competitors
In a US airline market that currently favours carriers that cater to high-paying customers, Delta Air Lines has been reaping the rewards.
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NewsEmbraer Super Tucanos join USAF test fleet
Three Embraer A-29 Super Tucanos have arrived at the US Air Force’s test pilot school in the California desert, where they will be used to conduct training and research on a variety of sensors and weapon systems.
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NewsUS presidential election drags on Delta’s otherwise positive-looking fourth quarter
Delta Air Lines’ bookings are tracking “off trend” immediately before and after the US presidential election on 5 November, which is expected to moderately impact the carrier’s fourth-quarter revenue.
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NewsPilot union and Air Canada end labour dispute with four-year contract
Air Canada’s pilots have ratified a new four-year employment contract with the Montreal-based airline, ending a lengthy dispute that last month involved threats of a strike.
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NewsUnited plans ‘unique’ 2025 network expansion reaching Greenland and Mongolia
United Airlines is adding several international destinations to its summer 2025 schedule that could be considered off the beaten path, including cities in Greenland and Mongolia.
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NewsDelta takes profits hit from July tech outage but upbeat on rest of year
Delta Air Lines kicked off the third-quarter earnings season by expressing optimism for the rest of the year, even after reporting lower adjusted net profit following a technology outage in July.
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NewsLockheed names new head of F-35 programme
Lockheed’s current deputy F-35 manager Chauncey McIntosh will take over as head of the troubled fighter programme, which is the company’s largest individual revenue generator, but has battled engineering and delivery challenges for more than year.