All Aerospace articles – Page 23
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News
MTU reaffirms financial outlook for next two years despite PW1000G overhang
Strong commercial engine maintenance revenue and contribution from its share of the EJ200 programme for the Eurofighter Typhoon helped MTU Aero Engines to offset issues with the Pratt & Whitney PW1000G geared turbofan and supply chain challenges in the first quarter.
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News
China’s AG600 demonstrates water rescue capabilities
The AVIC AG600 amphibian has demonstrated the ability to rescue personnel lost at sea, adding to its role as a firefighter.
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News
Volocopter may need to ‘consider insolvency’ in near future: reports
German media have reported that advanced air mobility developer Volocopter’s bid to gain up to €100 million ($107 million) in government loan guarantees has failed, putting the late-stage start-up in a precarious financial situation.
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News
Sikorsky VH-92As still not carrying the US president, 21 years after replacement effort began
Last June during a business event in Connecticut, Sikorsky president Paul Lemmo said the company’s VH-92A Patriot helicopter would take over presidential transport missions flown by VH-3D and VH-60N helicopters “completely” by this spring. That still has not happened.
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News
VoltAero begins certification tests of Cassio 330 hybrid-electric powertrain
French aircraft developer VoltAero has begun certification testing of the parallel hybrid-electric powertrain that will equip its five-seat Cassio 330.
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In depth
Reduced Leap-1B output weighing on CFM’s full-year delivery plans, says Safran chief
CFM International’s planned increase in the rate of Leap engine deliveries this year could face a further downward revision if Boeing does not resolve its 737 Max production issues, one half of the narrowbody propulsion joint venture has cautioned.
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News
Gulfstream targets steep delivery ramp for G700 through remainder of 2024
Gulfstream will deliver G700s at a rate of around 17 aircraft each quarter for the remainder of 2024, following the long-range business jet’s certification last month.
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News
Airbus raising monthly A350 production to 12 in response to strong widebody demand
Airbus is to hike the monthly production rate of its A350 to 12 aircraft in 2028, following strong demand in the widebody sector.
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News
GD Helicopter Finance adds to portfolio through deal for up to 20 H175s
Start-up rotorcraft lessor GD Helicopter Finance has gained access to additional inventory following a deal for up to 20 Airbus Helicopters H175s from another of its owner’s businesses.
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News
Eviation reshapes Alice as commuter clears concept design review stage
Eviation has revealed a radically reshaped design for its Alice all-electric commuter aircraft based on customer feedback and has completed a conceptual design review for the nine-seater.
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Analysis
Race to market leads top US air taxi developers to Middle East
Leading US air taxi companies pursuing certification of new and novel aircraft appear increasingly likely to launch passenger service not at home but in a Middle East region eager to embrace advanced air mobility.
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Analysis
Outgoing Boeing CEO Dave Calhoun favours ‘internal succession plan’
Asked to explain what qualities he would like to see in the next chief executive of Boeing, outgoing CEO Dave Calhoun hints at personally favouring an internal candidate to guide the company into its next era.
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News
Boeing advances $425m to boost struggling supplier Spirit
Boeing is providing a $425 million advance payment to Spirit AeroSystems in an attempt to steady its embattled supplier in the short term.
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News
Boeing loses $355m in first quarter amid 737 production slowdown
Boeing lost $355 million during a first quarter marred by a high-profile safety scare and the subsequent slowdown of its narrowbody aircraft production rates.
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News
Britten-Norman was bought for £1.1m, administrators disclose
Britten-Norman’s new owners acquired the business and assets of the troubled UK aircraft manufacturer for a little over £1 million ($1.36 million), newly published documents reveal.
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News
GE Aerospace lifts profit outlook as it strikes out alone
GE Aerospace has lifted its full-year profit outlook after publishing its first set of results since becoming a standalone company at the start of April.
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News
Robinson signals strategic shift with acquisition of UAV maker Ascent
Robinson Helicopter’s new chief executive David Smith has marked his first two months in charge of the rotorcraft manufacturer with the acquisition of a US-based drone maker, underscoring the firm’s commitment to expand into new markets.
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News
Korean Air demonstrates UAM operations using 5G network
Korean Air and other South Korean companies have completed an urban air mobility (UAM) demonstration to explore operational and safety issues.
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News
Boeing opens research and technology centre in Nagoya
Boeing has opened a research and technology centre in Nagoya focusing on the decarbonisation of aviation.
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News
Gulfstream begins G700 deliveries
Gulfstream has now started delivering of its newly certificated G700 ultra-long-range business jet, having handed two of the 19-passenger jets to customers.