All Aerospace articles – Page 3
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NewsSpirit AeroSystems secures fresh loan from Boeing amid cash crunch
Boeing has agreed to loan aerostructures manufacturer Spirit AeroSystems up to $330 million, a move coming just days after Spirit warned that a cash crunch threatened the viability of its business.
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NewsOmni takes first H160 from GDHF as lessor builds portfolio
Omni Helicopters International Group has taken delivery of its first Airbus Helicopters H160 medium-twin on lease from Ireland-based lessor GD Helicopter Finance (GDHF). To be operated by Brazilian subsidiary Omni Taxi Aereo, the H160 is configured for offshore oil and gas transport. Omni says the introduction of the new helicopter ...
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NewsVertical pushes back VX4 until 2028 but promises first upgrade in 2030
Vertical Aerospace has delayed certification and service entry for its VX4 electric air taxi by another two years, even as it advances flight-test activities and plots future upgrades.
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NewsAvia Solutions orders 40 Boeing 737 Max 8s
Aircraft lessor and airline operator Avia Solutions Group has ordered 40 Boeing 737 Max 8s, marking the company’s first direct purchase from the US manufacturer.
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NewsBoeing’s top safety officer to retire as company revives production following strike
On 11 November, the aircraft manufacturer said Boeing Commercial Airplanes (BCA) senior vice-president of quality Elizabeth Lund, who led the company’s public response to the January in-flight blow out of a 737 Max 9’s door plug, will retire in December.
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NewsP&WC aims to demonstrate hydrogen-burning turboprop
Pratt & Whitney Canada (P&WC) has embarked on a government-supported project to evaluate using hydrogen as fuel for a PW127XT turboprop.
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NewsLeonardo eyes carve-out of loss-making aerostructures unit
Leonardo is considering a carve-out of its underperforming aerostructures business in collaboration with industrial or financial partners to address worsening performance on the back of continued difficulties with the Boeing 787.
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NewsEngine shortages leave Embraer unable to hit 2024 E-Jet production target
Embraer has scaled back its 2024 E-Jet delivery expectations due to engine shortages and other supply chain troubles that continue hampering the Brazilian manufacturer’s ability to speed up production.
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AnalysisCash positions increasingly critical for US electric air taxi developers
Amid a drier landscape for investment capital, US air taxi developers face a critical phase.
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NewsItalian coastguard bolsters fleet with new ATR 42MP
Leonardo has secured an order from the Italian coastguard for a single maritime patrol-configured ATR 42-600. The Guardia Costiera already operates three maritime patrol aircraft based on older ATR 42-400 and -500 variants. Source: Leonardo Guardia Costiera’s fleet includes ATR 42-500 To be equipped with Leonardo’s ATOS ...
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NewsFalklands sign tentative deal for four more Islanders
The Falkland Islands government has signed a letter of intent (LoI) with Britten-Norman covering the acquisition of four BN-2 Islander utility aircraft.
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NewsVertical Aerospace funding talks enter critical stage
Air taxi developer Vertical Aerospace faces a weekend of crucial talks between founder Stephen Fitzpatrick and Mudrick Capital, the company’s largest creditor, aimed at staving off a looming cash crisis. New York-headquartered Mudrick has pledged to inject $75 million in to Vertical – $25 million of its own cash and ...
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NewsBombardier swings to $117m Q3 profit and plans year-end delivery push
Strong performance from Bombardier’s aftermarket services business pushed the Montreal business jet manufacturer to a $117 million profit for the third quarter of 2024, reversing a $37 million loss during the same period last year.
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NewsAW609 stays on certification path amid ‘tangible progress’ with FAA
Leonardo Helicopters believes its AW609 civil tiltrotor remains on track to secure US certification next year following a series of recent interactions with Federal Aviation Administration (FAA).
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NewsBell 525 edges towards certification finish line but ‘final tests’ remain
Bell’s goal to clinch US certification for its developmental 525 Relentless in 2024 is increasingly in the balance as the year draws to a close, with several flight-test points still to be addressed.
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NewsBritten-Norman has new owner alongside fresh investment
UK aircraft manufacturer Britten-Norman has gained new owners alongside fresh investment in the business, analysis of company records reveals.
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NewsNASA begins X-59 engine runs and now aims for 2025 first flight
The NASA team developing the X-59 supersonic demonstrator jet have fired up the aircraft’s GE Aviation F414-GE-100 powerplant for the first time, having started engine-run tests on 30 October.
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NewsSpirit AeroSystems raises doubt about continuing as a ‘going concern’
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to Boeing’s sharply reduced production rates and to other factors driving steep losses on its Airbus and Boeing programme work.
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NewsBeta lands deposit-backed order for up to 20 aircraft from Metro Aviation
Beta Technologies has landed a deposit-backed order for up to 20 of its electric vertical take-off and landing (eVTOL) Alia A250 aircraft from medical operator Metro Aviation.
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AnalysisTariffs, mergers, missiles and SAF: what Harris and Trump policies would mean for airlines and aerospace
The US presidential election on 5 November could determine much about the next four years for US airlines and aerospace manufacturers, leaving firms possibly facing major new policy shifts – or continuation of the status quo.