All Air Transport articles – Page 293
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NewsFormer Boeing chief Condit joins Boom’s advisory board
Supersonic aircraft maker Boom Supersonic has landed former Boeing chief executive Philip Condit as an advisor.
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NewsBombardier sells Mexico wiring business to Latecoere
Bombardier has sold its aerospace wiring business in Mexico to French aerospace company Latecoere for $45 million, closing a deal that had been in the works for more than one year.
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NewsS7 Airlines takes delivery of its first 737-800 converted freighter
Russian carrier S7 Airlines has taken delivery of the first of a pair of Boeing 737-800 converted freighters. The aircraft are being leased to the airline by GECAS. Freight division S7 Cargo will take responsibility for commercial management of the 737-800BCF aircraft’s capacity. The first aircraft (VP-BEN) was transferred to ...
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NewsA320 veered off runway as late hydraulic failure 'surprised' pilots
Pilots of an Airbus A320 were caught out by a hydraulic failure as the aircraft landed at Burgas, their reaction leading the twinjet to veer off the runway and come to rest on rough ground. Operating for Smartwings, the Greek-registered Orange2Fly aircraft had suffered a leak in its green hydraulic ...
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NewsTerrafugia to shut down US operations: reports
US-based flying car manufacturer Terrafugia will reportedly shut down US operations after it pulled the plug on local development of its two-seater Transition aircraft.
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NewsBrazil drops WTO subsidies suit against Canada, calls for negotiations
Brazil has dropped a complaint with the World Trade Organization (WTO) in which it alleged that Bombardier, when developing the jet now called that A220, received unfair subsidies from Canadian governments.
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NewsSurf Air Mobility acquires Ampaire
Shared private aviation company Surf Air Mobility is acquiring electric aviation firm Ampaire, calling the latter’s hybrid-electric powertrain technology a “critical component” of Surf Air’s plan to expand in environmentally-friendly regional transportation.
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NewsUniversal Hydrogen lands former Airbus chief as advisor, secures funding
Alternative fuel developer Universal Hydrogen has formed an advisory panel composed of former top-level Airbus executives, including former chief executive Tom Enders and former chief commercial officer (CCO) John Leahy.
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NewsAir Cote d’Ivoire receives first A320neo
African carrier Air Cote d’Ivoire has taken delivery of its first Airbus A320neo.
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NewsDe Havilland clarifies that Dash 8 production will cease in first half of 2021
De Havilland Aircraft confirms its expects to stop producing Dash 8-400s in the first half of 2021.
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NewsAerostructures units no longer for sale, says Airbus chief
Airbus has removed the ‘for sale’ sign hanging over its aerostructures units Premium Aerotec and Stelia Aerospace as it brings them into closer alignment with the rest of the group.
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NewsAirbus details progress with workforce reduction programme
Airbus estimates that 7,500 personnel remain subject to the manufacturer’s restructuring plan, which involves substantially reducing its workforce, particularly in the air transport sector. The airframer says that, as of 31 December 2020, these included some 6,100 personnel in the commercial aircraft division. Airbus originally intended to cut around 15,000 ...
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NewsAirbus strives for break-even on A220 and low-rate twin-aisles
Airbus is intending to achieve break-even on its twin-aisle programmes at the reduced rate of production, while it acknowledges that a shift in demand mix puts increased pressure on its loss-making A220 lines.
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NewsMTU forecasts uptick this year as 2020 revenue and profit hit by pandemic
German propulsion specialist MTU Aero Engines is cautiously optimistic of a recovery in commercial aerospace this year, as it revealed preliminary results for 2020 that saw both revenue and profit hammered by the effects of the pandemic.
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NewsAirbus brings year-end inventory level below 2019 figure
Airbus brought its inventory figure down to €30.4 billion at the end of 2020, below the previous year-end level of €31.5 billion. The inventory figure had sharply increased over the course of the year, reaching €37.5 billion during the first half, as deferrals and delivery difficulties meant Airbus experienced a ...
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NewsAirbus aims to match last year’s commercial aircraft delivery figure
Airbus is aiming to achieve at least the same number of commercial aircraft deliveries this year as the 566 it managed over the course of 2020. Its commercial aircraft operation generated a full-year earnings loss of €1.33 billion ($1.6 billion), after a 37% fall in revenues to €34.2 billion, contrasting ...
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NewsTwo Boeing board members to step down in latest shake up
Two Boeing board members to step down in latest shake up
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NewsDe Havilland to halt Dash 8 production, exit Downsview assembly site
De Havilland Aircraft of Canada will temporarily stop producing Dash 8s and begin vacating its Downsview Toronto production site in the second half of 2021.
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NewsUzbek start-up Qanot Sharq signs for A320s
Uzbek start-up carrier Qanot Sharq Airlines is taking a pair of Airbus A320s for its initial fleet, acquired from US lessor Air Lease. Qanot Sharq is based in Tashkent, the capital of Uzbekistan. At the MAKS Moscow air show in 2019, the airline signed an agreement – described as “soft” ...
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NewsFrench and Swedish state aid to airlines not discriminatory: European court
European court judges have thrown out a case against the state aid granted to French and Scandinavian carriers, which had been brought by budget airline Ryanair. Ryanair had alleged infringement of non-discrimination principles as well as the obligation to weigh the benefits of the aid against its adverse effect on ...