All articles by Pilar Wolfsteller – Page 91
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News
Hawaiian Q3 net income falls 16% as competition increases
Hawaiian Holdings, the parent company of Hawaiian Airlines, says net adjusted income fell 16% to $81.5 million in the third quarter of 2019 compared to the same period a year ago as increased competition weighed on airline’s results.
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Boeing’s Kevin McAllister resigns amid growing 737 Max crisis
Kevin McAllister, Boeing’s commercial aircraft chief since 2016, has become the first management casualty of the ongoing 737 Max drama which has grounded all of the next-generation aircraft for the past eight months after two accidents killed 346 people.
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Collins Aerospace Q3 revenue, profit rise on synergies
Revenue at Collins Aerospace jumped 64% in the third quarter, primarily due to acquisitions, prompting parent company United Technologies (UTC) to once again raise its 2019 full-year financial estimates for the business unit ahead of a planned corporate merger with Raytheon.
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P&W Q3 profit rises 15% on aftermarket sales
Pratt & Whitney's third-quarter operating profit rose 15% year-on-year to $471 million on growth in its military and commercial aftermarket as well as due to cost reduction for its geared turbofan (GTF) engine programme and favorable commercial OEM mix.
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Textron upbeat after Longitude certification
Textron Aviation officials are upbeat ahead of this year’s NBAA, as the company’s new super midsize jet, the Cessna Citation Longitude, makes its official post-certification debut at an international airshow.
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Europe’s regulator targets January return for Max, Reuters reports
European regulators say that the earliest date they may be able to certify the Boeing 737 Max to return to service would likely be in January 2020 following flight tests independent of the Federal Aviation Administration, Reuters news service reports on 21 October.
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Delta adds two leased A330-900s to its fleet
Delta Air Lines says it will lease two new A330-900 aircraft from Los-Angeles-based lessor Air Lease Corporation beginning in the fourth quarter 2020 and first quarter 2021.
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Boeing says text messages between pilots were misinterpreted
Boeing says instant text messages between company pilots suggesting that it may have had prior understanding of the flaws in its Maneuvering Characteristics Augmentation System (MCAS) on 737 Max aircraft have been misinterpreted, and it was “unfortunate” that they were released without “meaningful explanation”.
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Airline BusinessArgentina's commercial aviation free-for-all in doubt
The result of the upcoming presidential election in Argentina could signal another seismic shift in the commercial aviation sector in one of South America’s largest and most volatile economies.
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Textron Q3 deliveries flat as defence drags
Deliveries at Textron’s aircraft manufacturers were stable in the third quarter, helping the parent company raise its earnings per share and operating margins during the time frame even as defence products continued to drag on the company’s income.
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Air Canada cancels 737 Max flights until middle of February
Air Canada on 16 October became the latest airline to extend the removal of the Boeing 737 Max aircraft from its winter schedule, as an increasing number of carriers expect the jet will not be approved to return to service until early 2020.
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San Francisco International airport renumbers gates for $8.9mil
San Francisco International airport overhauled its gate numbering system for the first time in 25 years, implementing a new alphanumeric system that it hopes will simplify the passenger experience as travelers walk through the airport.
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Embraer hopes E175-E2 jet efficiency helps modify scope clauses
Embraer executives hope the efficiency and performance of its new E175-E2 regional jet, the third and final member of the company’s E2 family, will convince major US airlines to change the contractual “scope clauses” that currently create a barrier for operating the new aircraft in the United States.
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Wow Air’s new owner now plans December relaunch
The planned relaunch of Icelandic low-cost carrier Wow Air has been delayed until December, according to a statement provided by the owner of the shuttered airlines’ assets, though many questions about the effort’s feasibility remain unanswered. The 8 October statement from Michele Ballarin, chair of Virginia-based USAerospace Associates, does not ...
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Hawaiian revises Q3 revenue and cost expectations
Hawaiian Airlines raises its forecasted operating revenue per available seat mile (RASM) for the third quarter of the year due to better than expected yields in long-haul markets, especially international travel, the company says on 7 October.
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Delta calls for trade deal between the US and European Union
Delta Air Lines is calling on the US government and the European Union to negotiate a trade settlement that could raise the cost of Delta's Airbus aircraft by 10%.
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Peruvian Airlines suspends all flights and closes offices
Peruvian Airlines suspended all flights and closed offices until further notice due to a “lack of liquidity”, it says in a statement on its website on 4 October.
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Kitty Hawk launches eVTOL Heaviside
Kitty Hawk, a Silicon Valley aviation technology startup, introduced its newest aircraft earlier this week, adding yet another eVTOL concept into the increasingly crowded urban air mobility market.
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FAA proposes new airworthiness directive for PW1100G engines
The Federal Aviation Administration (FAA) has issued a proposed airworthiness directive for the problem-plagued Pratt & Whitney PW1100G engines that power Airbus A320neo-family aircraft.
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NewsLufthansa to use Neste sustainable aviation fuel in Frankfurt
Lufthansa will begin using Neste’s sustainable aviation fuel blended with fossil jet fuel on flights departing from Frankfurt International airport.