All Aerospace articles – Page 14
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NewsMitsubishi Heavy aerospace business doubles profit as order intake rises
Mitsubishi Heavy Industries’ (MHI) aircraft, defence and space unit more than doubled its half-year profits, helped by up an uptick in orders at its aerostructures business.
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Analysis
How Clean Aviation is spearheading Europe’s decarbonisation drive
EU-funded programme’s first tranche of research projects will go live in coming months but many will take advantage of existing R&D programmes, as initiative focuses on ambitious greenhouse gas-reduction goals.
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News
Production issues leading Textron Aviation to delay planned aircraft deliveries
Supply and labour shortages will likely force Textron Aviation to delay planned 2022 aircraft deliveries and leave it $300 million short on expected revenue.
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Spain receives first H135s from 36-helicopter order
Airbus Helicopters has delivered the first two of 18 H135s to Spain’s Guardia Civil and Policia Nacional.
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News
CFM struggles to pull Leap deliveries back on track, as supply chain woes persist
Deliveries of CFM International Leap engines to Airbus and Boeing are still behind schedule and are unlikely to reach 1,200 units for the full year as supply chain problems continue to disrupt production.
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News
Propulsion performance lifts Safran in third quarter
Strong performance in its propulsion division has powered Safran to nine-month revenues of over €13 billion ($12.9 billion), a figure achieved despite continued problems in its supply chain.
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News
Airbus expects A321XLR service entry in second quarter of 2024
Airbus has flown all three of its A321XLR test aircraft, but expects entry into service will not take place until the second quarter of 2024. The airframer had previously indicated that its introduction would take place in early 2024, as a result of a delay in the certification campaign to ...
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News
NTSB urges regulators to require immediate DHC-3 inspections following September crash
The US National Transportation Safety Board (NTSB) is urging US and Canadian regulators to immediately require inspections of De Havilland Canada DHC-3 Otters following a deadly September crash.
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MTU raises full-year outlook on commercial aviation performance
MTU Aero Engines is predicting a strong final quarter to the year on the back of a rebounding commercial aviation market.
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IAG shareholders agree to 50-strong 737 Max order
Shareholders of British Airways and Iberia parent IAG have approved the company’s plan to purchase 50 Boeing 737 Max, including the high-capacity Max 8-200 and the as yet uncertificated Max 10.
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Italian Carabinieri picks locally built AW119Kx for fleet replacement
Leonardo Helicopters says the 20 AW119Kx light-singles will be built in Vergiate plant in northern Italy, rather than on the type’s usual production line in Philadelphia.
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Analysis
Boeing cuts 737 Max delivery forecast as wait on Chinese carriers continues
Boeing’s chief executive is hopeful that China’s Covid-19 lockdowns – not US-China political friction – is the reason why Chinese airlines are still not taking delivery of new 737 Max. But he has no indication Chinese airlines are poised soon to start again receiving the Boeing narrowbody.
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News
Gulfstream’s backlog growth slows but profits roll in
Backlog growth at General Dynamics’ aerospace business – which Gulfstream anchors – slowed in the third quarter of 2022 amid what an executive described as slightly cooling demand for business jets.
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Gulfstream parent warns of FAA delays to G700 certification, still hopes for mid-2023 approval
General Dynamics still hopes subsidiary Gulfstream will have its in-development G700 certified by mid-2023 but now cautions that the resource-constrained Federal Aviation Administration could impact the timeline.
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News
Commercial aircraft and defence divisions push Boeing to $3.3bn third-quarter loss
Despite recent positive momentum in its commercial aircraft business, Boeing lost $3.3 billion in the third quarter of 2022 as heavy losses in its defence unit took their toll.
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News
Alaska orders 52 more 737 Max, preps to divest remaining Airbus jets
Alaska Airlines has ordered another 52 Boeing 737 Max jets and secured rights to purchase a further 105, aligning the airline’s future with the narrowbody as it aims to divest its remaining Airbus fleet next year.
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News
Air Canada orders another 15 Airbus A220s
Air Canada has ordered another 15 Airbus A220-300s in a deal that brings the Montreal-based carrier’s total orders for the Canadian-built type to 60 jets.
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Embraer-owned Portuguese maintainer OGMA secured approval to work on E-Jets E2
Portuguese maintenance shop OGMA has been certified to perform heavy maintenance on Embraer E-Jets E2, a move OGMA majority owner Embraer describes as further expanding its aftermarket reach.
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P&W’s commercial engine deliveries hit post-pandemic high in Q3 as profits soar
Pratt & Whitney delivered more large commercial aircraft engines in the third quarter of 2022 than in any period since early 2020, powering the engine maker to a $316 million quarterly operating profit, up 69% year on year.
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News
GE Aerospace’s third-quarter profit surges on higher Leap deliveries and aftermarket bump
GE Aerospace’s third-quarter profit shot up more than 50% year on year in the third quarter of 2022 to $1.3 billion, reflecting a significant bump in engine deliveries and increasing demand for aftermarket services.
