All aerospace news – Page 304
-
NewsEmbraer slows E175-E2 development and impairs commercial business
Embraer is pushing back entry into service of the E175-E2 until 2023, although it insists it still intends to continue development of the re-engined twinjet. The airframer says it has taken the decision based on current commercial aircraft market conditions. Embraer says it believes the aircraft, which first flew in ...
-
NewsRussian analysts study unmanned nose-loading twinjet freighter concept
Russian researchers have started investigating a new twinjet cargo aircraft design which would be capable of operating unmanned. The concept – designated the light high-speed transport aircraft – is being analysed by Moscow’s Central Aerohydrodynamic Institute, as part of a Russian trade and industry ministry contract. Preliminary designs show the ...
-
NewsSpaceJet-related losses hurt Mitsubishi Heavy earnings
The beleaguered SpaceJet regional aircraft programme, which recently saw its developmental budget halved, made up the bulk of losses parent company Mitsubishi Heavy Industries (MHI) incurred, in its first quarter earnings. For the quarter ended 30 June, the SpaceJet programme made a loss of Y68.8 billion ($648 million), due mainly ...
-
NewsHigher expenses, revenue collapse punish GMF AeroAsia H1 earnings
GMF AeroAsia fell deeper into the red for its half-yearly earnings, on the back of increased expenses and a significant decline in revenue, amid the economic downturn caused by the coronavirus outbreak. For the six months ended 30 June, the MRO unit of Garuda Indonesia posted an operating loss of ...
-
NewsRussian-powered MC-21 to fly before year-end and Il-114 sooner
United Aircraft is aiming to fly the first Russian-powered Irkut MC-21 before the end of this year, and the Ilyushin Il-114-300 as soon as September, the aerospace firm’s chief has informed President Vladimir Putin. The MC-21-310 variant will be fitted with Aviadvigatel PD-14 engines rather than the Pratt & Whitney ...
-
NewsLeonardo slows arrival of Kopter SH09 helicopter as it integrates new acquisition
Leonardo Helicopters has slowed the service-entry schedule for its recently acquired Kopter SH09 light-single and is also likely to build the rotorcraft at an existing production plant in to the north of Italy rather than Switzerland as previously planned.
-
NewsCan e-commerce deliver for airlines?
Passenger traffic growth is likely to remain sluggish for some time, but freight remains a bright spot for airlines
-
NewsP&W makes significant cuts to Singapore workforce
Pratt & Whitney, which in recent days refuted rumours that it had axed workers in Singapore, has cut a portion of its workforce in the city-state. The engine-maker, which has been affected by the pandemic-induced economic downturn, says it made the “difficult but necessary decision” to cut “less than ...
-
NewsSpaceX Crew Dragon splashdown signals US human spaceflight return
The USA has returned to the human spaceflight business following the successful return to earth of the SpaceX Crew Dragon today, carrying NASA astronauts Bob Behnken and Doug Hurley.
-
NewsBoom and Rolls-Royce join to study propulsion for supersonic Overture
Rolls-Royce may develop the propulsion system that will power Boom Supersonic’s in-development, conceptual supersonic passenger aircraft Overture.
-
NewsAirbus expects to set aside up to €1.6bn for restructuring
Airbus has warned that it is likely to require a provision of up to €1.6 billion ($1.9 billion) to account for restructuring once firm agreements are reached with its social partners. The airframer disclosed in June that, in response to the air transport crisis and the scaling-back of commercial aircraft ...
-
NewsARJ21 conducts flight testing at world’s highest airport
Comac has completed flight-testing of its ARJ21 regional aircraft at Daocheng Yading airport — the world’s highest civilian airport — in Sichuan province. The Chinese airframer says test aircraft 103 performed take off and landing tests at the airport, before returning to Shanghai. Source: Comac Comac completed high-altitude ...
-
NewsAirbus impairs inventories ‘at risk’ as stored aircraft level rises
Airbus has recorded a near-€300 million charge for impairment of inventories considered at risk, as stored aircraft continue to push up its inventory level. The airframer reveals in its first-half accounts to 30 June that its inventories stood at €37.5 billion – up by nearly €6 billion on the figure ...
-
NewsAirbus trims A350 rates again as crisis becomes ‘visible’ in second quarter
Airbus is trimming A350 production rates, to five aircraft per month from six, in a further adjustment to its output in the face of weak air transport market demand. The airframer has disclosed that some 145 commercial aircraft went undelivered during the first half of this year, as a result ...
-
NewsHAECO parts out first A320 following CAAC nod
HAECO’s Xiamen unit has started disassembly works on its first A320 (MSN 0950), after the Civil Aviation Administration of China (CAAC) gave its approval to do so. Cirium fleets data indicates that the aircraft was delivered to China Southern Airlines in 1999, before being bought by Jiangsu YanWu Aviation Investment ...
-
In depthAnalysts view Charleston as central to 787’s future as Boeing CEO urges patience
Boeing’s chief executive has cautioned against speculation that the company’s 787 production review will culminate in an eventual shift of all 787 work to South Carolina. But analysts view Boeing as heading in that direction.
-
NewsBoeing aims to deliver ‘majority’ of 450 stored 737 Max within one year
Boeing intends to deliver most of its 450-strong 737 Max stockpile within one year of resuming deliveries of the still-grounded jet.
-
NewsAerCap cancels 15 737 Max orders
Aircraft lessor AerCap has cancelled orders for 15 Boeing 737 Max, becoming the latest Boeing customer to nix orders for the still-grounded jet.
-
NewsGE Aviation loses thrust as pandemic takes toll
GE Aviation’s sales tumbled by nearly half in the second quarter of 2020 as the industry downturn sapped commercial aircraft engine demand and erased profits.
-
NewsBoeing pushes to Q4 its expectation for resuming 737 Max deliveries
Boeing has pushed back its expectation of the 737 Max’s certification by one quarter, saying it now expects to resume 737 Max deliveries in the fourth quarter.