All Aerospace articles – Page 218
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NewsBoeing’s jet deliveries trickle in April, down 116 aircraft in four-month period
Boeing delivered six aircraft in April, bringing its deliveries in the first four months of the year to 56, a 67% slide from the January-April period last year.
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OpinionWhy strong supplier chain could save Boeing
With the world’s number one aerospace manufacturer facing a barrage of problems, from the Max grounding to the Covid-19 collapse in demand, Alex Krutz, manging director at Patriot Industrial Partners, considers whether a supply chain that is much more robust than in the past can be crucial to getting it through the crisis?
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NewsBOC Aviation chief sees 2020 deliveries at ‘lower end of 600-1,000’ range
Mainline jet deliveries will be heading down significantly this year as the impact of the coronavirus takes its toll from both a demand and supply-chain perspective, warns BOC Aviation chief executive Robert Martin.
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OpinionFor SMEs, the crisis is only beginning
The situation could hardly be worse for Airbus, Boeing and first-tier suppliers. But for companies further down the supply chain it is. Highly geared and often dependent on a single customer, small- and medium-sized enterprises face a fight for survival as demand dries up. Their only hope is some sort of airline revival before it is too late
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NewsRaytheon furloughs aerospace staff and slashes costs, warns of fallout in Q2
Raytheon Technologies has furloughed staff in its commercial aviation divisions and warns the coronavirus fallout will likely hammer those businesses’ results in the second quarter.
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NewsLeonardo finances hit by airline crisis after strong start to year
Italian group suspends 2020 guidance as commercial market collapse throws outlook into uncertainty
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NewsBombardier Aviation eyes production cuts as virus hammers demand
The coronavirus pandemic has eroded demand for business jets, accelerated Bombardier’s cash burn and will lead the company to slow aircraft production.
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OpinionWhy airlines must mind the training bubble
Getting carriers back into service at the end of this crisis could run up against a perhaps unexpected obstacle: a shortage of simulator capacity for pilots
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NewsElbit adds life-saving capability to Hermes 900
Israeli company says configuration gives UAV advantage over manned aircraft in long-distance maritime rescue scenarios
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NewsMitsubishi to close CRJ purchase on 1 June
Mitsubishi Heavy Industries (MHI) intends to close its $550 million purchase of Bombardier’s CRJ aircraft programme on 1 June.
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NewsSpirit Q1 finances hammered by 737 Max grounding and pandemic
Spirit AeroSystems posted a $163 million first quarter loss and warned of an uncertain future as the impact of the coronavirus pandemic and ongoing Boeing 737 Max grounding hit hard.
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NewsGermany’s Airbus suppliers ‘face ruin’, warns trade association
BDLI says that unless at least 50% of pre-crisis production resumes soon, many smaller companies could go out of business
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NewsBoeing clinches $25 billion in milestone capital raise
Boeing is raising $25 billion in a multi-tranche bond offering, as it buffers liquidity amid an air travel downturn that could take years from which to recover. In March, as the pandemic shut down air travel globally, Boeing had suggested that the broader US aerospace and manufacturing sector might require ...
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NewsSpirit lays off another 1,450 staff due to airframer production cuts
Spirit AeroSystems will lay off more than 1,450 additional staffers in response to Boeing’s and Airbus’ plans to reduce commercial aircraft production rates.
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NewsFirst image of Racer helicopter’s completed cockpit breaks cover
Airbus Helicopters has offered a first glimpse of the ‘face’ of its high-speed Racer technology demonstrator with the release of an image of the completed nose section.
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NewsTextron Aviation squeaks out Q1 profit as aircraft deliveries tumble
Textron Aviation’s first-quarter profit tumbled 97% year-on-year to $3 million due largely to an idle factory floor and sagging aircraft sales amid the coronavirus pandemic.
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NewsGE Aviation’s profits slide in Q1 as engine sales tumble
GE Aviation’s commercial engine sales and orders tumbled in the first quarter of 2030, as did revenue and profit, as the coronavirus took a bite from the Ohio company’s business.
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OpinionWhy industry can benefit from enforced hiatus in airliner production
Rates are being slashed as demand slumps - but this will provide crucial breathing space for stretched industry
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NewsFAA cuts control tower service to 100 US airports
The FAA has reduced air traffic control services at 100 airports around the United States as the coronavirus crisis has made a significant impact on the volume of air traffic at secondary and tertiary airports across the nation.
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NewsAirbus not expecting to review production levels before mid-year
Airbus is not expecting to review the cuts to its aircraft production rates until around mid-year, when the second-quarter impact of the air transport crisis becomes clearer. The manufacturer has made deep cuts to the output from its A320, A330 and A350 lines. Chief executive Guillaume Faury, speaking during a ...