All aerospace news – Page 316
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NewsBoeing clinches $25 billion in milestone capital raise
Boeing is raising $25 billion in a multi-tranche bond offering, as it buffers liquidity amid an air travel downturn that could take years from which to recover. In March, as the pandemic shut down air travel globally, Boeing had suggested that the broader US aerospace and manufacturing sector might require ...
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NewsSpirit lays off another 1,450 staff due to airframer production cuts
Spirit AeroSystems will lay off more than 1,450 additional staffers in response to Boeing’s and Airbus’ plans to reduce commercial aircraft production rates.
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NewsFirst image of Racer helicopter’s completed cockpit breaks cover
Airbus Helicopters has offered a first glimpse of the ‘face’ of its high-speed Racer technology demonstrator with the release of an image of the completed nose section.
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NewsSafran keeps close watch on supply chain for signs of coronavirus stress
Safran is monitoring its entire global supply chain for signs of weakness amid the coronavirus pandemic, with the aerospace giant ready to deploy a range of remedies for the most seriously afflicted.
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NewsTextron Aviation squeaks out Q1 profit as aircraft deliveries tumble
Textron Aviation’s first-quarter profit tumbled 97% year-on-year to $3 million due largely to an idle factory floor and sagging aircraft sales amid the coronavirus pandemic.
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AnalysisIs Embraer-China tie-up an inevitable marriage or case of strange bedfellows?
The Brazilian government was quick to suggest Embraer cosy up to China, after a proposed partnership with Boeing fell through. Would such a relationship work, and what is at stake?
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NewsGE Aviation’s profits slide in Q1 as engine sales tumble
GE Aviation’s commercial engine sales and orders tumbled in the first quarter of 2030, as did revenue and profit, as the coronavirus took a bite from the Ohio company’s business.
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NewsStick-shaker ambiguity led to unnecessary 747 stall-recovery action
Boeing is amending Boeing 747-400 flight manuals to clarify unreliable airspeed procedures after a British Airways crew erroneously believed a stall warning was genuine and repeatedly attempted a stall recovery manoeuvre. The aircraft (G-BNLN) had reached top-of-climb at 33,000ft, during a transatlantic service to Phoenix from London Heathrow on 9 ...
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NewsWhy the US Air Force’s eVTOL effort helps private investor confidence
With the financial impact of the coronavirus looming over the lead funders of the development of electric-vertical-takeoff-and-landing aircraft, the nascent industry is set to receive a small boost from the US Air Force in calendar year 2020.
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OpinionWhy industry can benefit from enforced hiatus in airliner production
Rates are being slashed as demand slumps - but this will provide crucial breathing space for stretched industry
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NewsFAA cuts control tower service to 100 US airports
The FAA has reduced air traffic control services at 100 airports around the United States as the coronavirus crisis has made a significant impact on the volume of air traffic at secondary and tertiary airports across the nation.
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NewsAirbus not expecting to review production levels before mid-year
Airbus is not expecting to review the cuts to its aircraft production rates until around mid-year, when the second-quarter impact of the air transport crisis becomes clearer. The manufacturer has made deep cuts to the output from its A320, A330 and A350 lines. Chief executive Guillaume Faury, speaking during a ...
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NewsAirbus concentrates on cash preservation as crisis starts to bite
Airbus’s first-quarter earnings in the commercial aircraft sector have fallen by more than 80% under the impact of fewer deliveries arising from the coronavirus crisis. The ariframer says it is maintaining a “strong focus” on cash containment after its “solid” start to the year rapidly deteriorated as the pandemic evolved. ...
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NewsGA Telesis gets CAAC certification for CRJ900 landing gear MRO
The Civil Aviation Administration of China (CAAC) has certificated GA Telesis for landing gear MRO services at the latter’s Miami facility. This paves the way for the company to repair and overhaul Bombardier CRJ900 landing gears belonging to China Express Airlines. GA Telesis and China Express signed a ...
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NewsBoeing to reopen 787 production site in South Carolina
Most Boeing employees at its South Carolina 787 production site will return to work on 3 May or 4 May, ending a temporary site shutdown that began on 8 April.
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AnalysisWhy Embraer’s breakup with Boeing highlights its solo struggles
The collapse of the Boeing-Embraer joint venture leaves Embraer more vulnerable as a standalone company than Boeing, raising questions about the Brazilian airframer’s ability to compete long term against Airbus, say two analysts.
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NewsAirbus furloughs over 3,000 UK wing-plant personnel
Airbus’s UK division is to furlough some 3,200 personnel at its wing-production plant in Broughton as part of measures to cope with the coronavirus crisis. The staggered furloughs – which will start over the next three weeks, and last for three weeks – affect the majority of production and production ...
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NewsCougar Helicopters signs as launch customer for S-92A+ upgrade
Sikorsky has secured a launch order for its S-92A+ upgrade kit, with Canada’s VIH Aviation Group signing a four-unit agreement for the fleet of its operating unit Cougar Helicopters.
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NewsEmbraer starts Boeing split proceedings but stays vague on future plans
Embraer has formally commenced arbitration proceedings following the decision by Boeing to terminate the companies’ $4.2 billion merger. But the Brazilian airframer has offered little insight into its response to the sudden collapse of the proposed commercial and military partnership, and the extent to which it had prepared for such ...
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AnalysisWhy Boeing’s jilting leaves Embraer bitter and frustrated
Embraer’s fierce reaction to prospective suitor Boeing’s decision to bale from their intended commercial partnership is hardly surprising, given that the Brazilian airframer stands to lose heavily from the split. While the tie-up proposal, unveiled in late 2017, might have given the impression of a hastily-shoehorned response to Airbus’s audacious ...