All Air Transport articles – Page 149
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NewsSafran expects progress towards interiors profitability this year
Safran is confident that it will restore profitability to its aircraft interiors division following efforts to transform the business and given the returning market interest in seat products. The aerospace company turned in a first-half operating loss of €100 million ($111 million) for its interiors division – contrasting with its ...
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NewsSafran raises full-year outlook on back of strong civil engine aftermarket
Civil aftermarket activity has helped drive a strong performance in Safran’s propulsion business over the first half of the year. Safran delivered 785 Leap engines over the six months to 30 June, including 419 in the second quarter, compared with the previous half-year figure of 465. The Leap powers the ...
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NewsBoeing CEO downplays threat of Airbus developing larger A220
Boeing’s chief executive is downplaying competitive threats that might arise should Airbus move forward with developing a larger variant of its A220 narrowbody jet.
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NewsHeart selects partner to develop electrical system for hybrid-electric commuter
Swedish start-up Heart Aerospace has selected Crane Aerospace & Electronics to collaborate on producing the electrical power distribution system for its 30-seat hybrid-electric ES-30 regional aircraft.
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NewsGulfstream on track for year-end G700 certification
Gulfstream is increasingly confident the Federal Aviation Administration will certificate its in-development large-cabin G700 business jet before year-end.
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NewsTecnam to deliver P-Mentor trainers to four US customers, targets 2023 FAA certification
Italian aircraft manufacturer Tecnam expects the US Federal Aviation Administration will certificate its P-Mentor training aircraft late this year, paving the way for the company to begin deliveries to four newly disclosed customers.
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NewsBoeing CEO thinks truss-braced airliner concept could ‘see service’
Boeing’s development of NASA’s X-66A truss-brace-wing experiment aircraft will either spawn an entirely new class of commercial jetliners or prove the design unfeasible.
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NewsElectra secures investment from Statkraft Ventures to develop ‘blown-lift’ eSTOL
US regional air mobility start-up Electra Aero is getting a financial boost from a venture capital firm focused on developing low-emission transportation technologies.
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NewsAirbus maintains ramp-up schedules and full-year delivery target
Airbus is maintaining its ramp-up schedule targets as the airframer turns in flat adjusted earnings of €2.26 billion ($2.5 billion) for its commercial aircraft division for the half-year. Revenues for the six months to 30 June increased by 16% to €20.3 billion as the company achieved higher deliveries of 316 ...
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NewsBoeing moves forward with plan to bump up 737 and 787 production rates
Boeing is hiking production of two aircraft types, increasing 737 output to a 38-monthly rate and aiming by year-end to have five 787s moving off its production line every month.
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NewsAftermarket helps drive strong Rolls-Royce first-half civil aerospace performance
Strong civil aerospace performance over the first half has contributed to Rolls-Royce’s raising its full-year financial guidance. Rolls-Royce is expecting first-half underlying operating profit for the division to reach £400 million ($515 million), contrasting with the previous interim loss of £79 million. It says higher aftermarket profitability – the result ...
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NewsAviation industry will need more pilots over 20 years than previously expected: Boeing
Boeing expects the global aviation industry will need even more pilots than previously expected, predicting in a new report that demand will exist for 649,000 new pilots during the next 20 years.
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NewsUS airlines to advise X-66A project as NASA reveals livery scheme
Several US airlines have agreed to provide technical advice in support of Boeing’s project with NASA to develop the X-66A truss-braced-wing demonstrator aircraft.
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NewsWisk demonstrates air taxi concept for first time at public event
Silicon valley air taxi manufacturer Wisk has flown its fifth-generation test aircraft for the first time at a public event.
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NewsAir taxi developer Supernal opens engineering headquarters near Los Angeles
Electric air taxi developer Supernal has opened a new California engineering headquarters that will give the company more space for testing its in-development technology.
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NewsGE Aerospace hikes turbofan deliveries as profits flow
GE Aerospace turned a $1.5 billion profit in the second quarter of 2023 as the company significantly increased the pace of its commercial aircraft engine deliveries.
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NewsP&W takes $181m Q2 hit due to ‘customer insolvency’ as Go First failed
Pratt & Whitney’s (P&W’s) second-quarter profit slipped 24% year-on-year to $230 million largely because a “customer insolvency” forced the company to take a $181 million charge.
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NewsP&W to recall 1,200 PW1000Gs for inspections in latest blow to airline operations
Pratt & Whitney (P&W) has determined that many more PW1100Gs might contain defective high-pressure turbine disks and therefore require accelerated removal and inspection.
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NewsUK cargo 747 start-up One Air commences customer flights with Chinese operation
UK cargo start-up One Air is preparing to introduce a second Boeing 747 freighter, having conducted its inaugural long-haul service. The carrier flew its initial 747-400SF from London Stansted to Jinan, in Shandong province, on 22 July before flying to London Heathrow – operating the return flight via Almaty in ...
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NewsIraqi Airways to auction old 747s parked at Tunisian airport
Iraqi Airways is putting up for auction a pair of Boeing 747s which have been parked at Tozeur-Nefta airport in western Tunisia. One of the two is a 747SP (YI-ALM) while the other is a 747-200 (YI-AGP). Both aircraft were manufactured in 1982 and are fitted with Pratt & Whitney ...