All North America articles – Page 322
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NewsTamarack receives debtor-in-possession financing
A US bankruptcy court has granted permission for Tamarack Aerospace to accept $1.95 million in committed debtor-in-possession (DIP) financing, which should enable the winglet manufacturer to complete its restructuring process and emerge from Chapter 11 bankruptcy protection later this year.
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News
Air Lease exchanges 15 737 orders for 787s amid Max grounding
Air Lease has taken steps to mitigate its exposure to the ongoing Boeing 737 Max crisis with an opportune deal to switch 15 of its orders to the 787.
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Air Canada substantially hikes price for Air Transat
Air Canada has hiked its purchase price for Air Transat's parent by nearly 40%, adjusting the figure to C$18 per share from the previous C$13.
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US carrier Frontier converts A320neo batch to A321neos
US carrier Frontier Airlines has converted a batch of 15 Airbus A320neo orders to the larger A321neo.
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Airbus books 30 long-haul jets but erases Republic A220s
US operator Republic Airways Holdings appears to have cancelled the order for 40 Airbus A220-300s long-held by the company.
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BBA Aviation to sell Ontic
BBA Aviation, the owner of the Signature Flight Support network of business aviation private terminals, has agreed to sell parts distributor Ontic to private equity company CVC for $1.37 billion.
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InterviewMaking the super-fast connection
Sergio Aguirre is president of Gogo’s Business Aviation division, where he is focused on driving down the cost of in-flight connectivity while increasing capacity and speed for its growing customer base
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News
Ottawa releases RFP for 88 new fighters
Ottawa has released a request for proposals (RFP) for its future fighter competition that could see it obtain 88 new fighter jets.
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NewsMission Systems boost Northrop Grumman Q2 profits
Northrop Grumman’s second quarter operating profit jumped 16% year-on-year to $946 million in the second quarter, helped by strength in its Mission Systems business.
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NewsHawaii's Wing Spirit to operate 15 HondaJet Elites
Hawaii start-up charter operator Wing Spirit has announced that its total HondaJet Elite fleet will number 15, following the delivery of its first two examples earlier this month.
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Boeing slumps to near-$3 billion Q2 net loss on Max grounding
Boeing has reported a net loss of nearly $2.9 billion for the second quarter, driven by charges for the grounded 737 Max.
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NewsXTI selects Catalyst engine for hybrid-electric TriFan 600
XTI Aircraft has selected GE Aviation’s Catalyst engine as the core of the hybrid-electric propulsion system for its in-development TriFan 600 vertical take-off and landing (VTOL) aircraft. The TriFan 600 will be the Denali’s second application, following the Textron Aviation Cessna Denali single-engined turboprop.
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AnalysisANALYSIS: Hemisphere suspension creates large-cabin opportunity
Although Textron Aviation’s 17 July decision to suspend development of the large-cabin Hemisphere business jet is a setback for the airframer, its exit from the segment does create an opportunity for several other manufacturers.
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JetBlue picks MTU to maintain mature V2500 engines
German engine specialist MTU Aero Engines won a contract from JetBlue Airways to maintain a subfleet of the International Aero Engines V2500s powering its Airbus A320s.
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AnalysisAccident reports published during the first six months of 2019
We detail accident investigation reports published by national air safety investigation bodies during the first half of this year
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Airline BusinessANALYSIS: Leading carriers' profits crimped in 2018
Leading airline groups largely retained healthy profit levels across 2018, but creeping costs and rising competition in some key markets took the edge off recent profit highs, the latest annual Airline Business World Airline Rankings show.
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Podcast
PODCAST: Airline Business on Kjos, Ryanair, India, Korean, awards
The new edition of the Airline Business Podcast is now available.
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Uncommanded fuel transfer diverts Rouge 767-300ER
Investigators are inspecting an Air Canada Rouge Boeing 767-300ER after it experienced the uncommanded transfer of fuel between tanks.
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Textron suspends Cessna Hemisphere programme
Textron has suspended the development of the Cessna Hemisphere business jet over uncertainties with the twinjet's Safran Aircraft Engines Sivercrest turbofans.
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United to pick up batch of used 737-700s
United Airlines has agreed to purchase a batch of used Boeing 737-700s, and intends to start taking delivery of the jets before the end of this year.