All aerospace news – Page 321
-
InterviewDriving performance at PPG Aerospace
Dan Korte is global vice-president for PPG Industries’ aerospace business, where he helps develop strategy at the paints, coatings and parts supplier and has responsibility for driving its performance
-
NewsRolls-Royce cools UK civil aerospace activity for a week
Rolls-Royce is to shut down its UK civil aerospace operations for a week, from 27 March, as part of its response to the coronavirus crisis. The manufacturer says it will “significantly reduce” all but essential activity within its civil aerospace facilities. Workers will continue to be paid, it stresses. Defence ...
-
NewsMeggitt secures engine component support deal with JAL
Meggitt has secured a three-year contract with Japan Airlines (JAL) to provide engine component maintenance and repair services for the airline’s Boeing 737s, 767s, and 777s. The work will take place at Meggitt’s expanded facility at Singapore’s Seletar Aerospace park, says the MRO firm. It adds that the deal could ...
-
AnalysisUS government aid to aerospace could mean oversupply in future, but avert ‘catastrophe’ now: analyst
While government support would provide vital relief to US aerospace manufacturing at a time of impending crisis, such aid could create a “synthetic” aircraft market to the detriment of the industry in future years.
-
NewsSafran reinforces finances as outbreak exacerbates Max misery
French aerospace firm Safran has enhanced, in the wake of the coronavirus crisis, measures it had already been implementing in response to the grounding of the Boeing 737 Max. Safran’s activities include production of the CFM International Leap-1B engines for the Max as well as the Leap-1A powerplants for the ...
-
In depthSpirit AeroSystems targets year-end opening of Scotland wing development site
Spirit AeroSystems expects by year-end to open a new facility in Prestwick, Scotland where it will research and develop manufacturing and production technologies aimed at helping the company land contracts to supply Airbus’ next single-aisle aircraft programme.
-
In depthCash reserves give Boeing 10 months of breathing room, analysts suggest
Boeing should have sufficient liquidity to keep operating for eight to 10 months, possibly longer, according to analysts, despite speculation about its financial condition based on recent calls for $60 billion in government aid for the US aerospace industry.
-
NewsHAECO acquires Dallas-based commercial engine shop
HAECO has announced the acquisition of US-based engine MRO firm Jet Engine Solutions (JES). “JES has a strong reputation within the engine maintenance business for quality and delivery in the United States, which will complement the HAECO Global Engine Support business,” says Christopher Gibbs, HAECO group director for components and ...
-
InterviewHanwha Aerospace powers up engine capabilities
As the country’s only producer of gas tubine engines, South Korea’s Hanwha Aerospace has become an integral part of Seoul’s ambitions in the sector, with involvement in several key propulsion programmes.
-
NewsGama Aviation prepares for impact from Covid-19 outbreak
UK aircraft services provider Gama Aviation says it is “strongly focussed” on maintaining business continuity through the Covid-19 crisis, but the uncertain trading environment triggered by the pandemic is expected to “severely impact” its performance in 2020.
-
NewsAmericas 24 March in review: Congress negotiates aid; Manufacturers and airlines make deep cuts
Politicians from both houses of the US Congress continued negotiating a bill that would offer the air transport industry financial support in order to secure jobs and keep airlines afloat as the coronavirus crisis ravages the industry.
-
NewsBoeing’s Calhoun defends Boeing’s financial health, pushes back against equity-for-aid government support
Boeing chief executive David Calhoun insists government aid to the struggling airline and aerospace sectors should not be contingent upon the government taking equity in US companies.
-
In depthSpirit AeroSystems halts Boeing work, Triumph lays off staff
Airframe manufacturer Spirit AeroSystems will halt much of its Boeing-related work and Triumph Group will lay off several hundred staffers in response to the rapid coronavirus-led downturn in the aviation industry.
-
NewsAdministrator extends deadline for Piaggio bids
Piaggio Aerospace’s administrator has extended the deadline for parties to submit expressions of interest in the Italian manufacturer on the back of disruption caused by the coronavirus outbreak.
-
NewsLeonardo continues building 787 fuselages despite Boeing production pause
Italian aerospace champion Leonardo will continue to build and ship fuselage sections and other aerostructures for the Boeing 787 programme, despite the US airframer’s planned 14-day suspension of production in the Puget Sound region.
-
NewsAmericas 23 March in review: Boeing shuts Seattle factories; Airlines repatriate citizens
US aerospace companies continue to take radical measures to try to reduce the impact of the coronavirus as politicians negotiate a federal aid package designed to assist the companies through the crisis.
-
NewsTrading of Boeing shares halted, company suspends Washington production after employee dies
Trading of Boeing’s shares has been halted as the company announces it will suspend production in the Puget Sound region of Washington state for at least two weeks.
-
NewsMTU to suspend production for three weeks
Propulsion specialist MTU Aero Engines is to suspend production at a number of its European facilities in response to the coronavirus pandemic.
-
NewsGE Aviation plans 10% US workforce cuts, implements broad furloughs
GE Aviation intends to reduce its US workforce by 10% and to furlough 50% of maintenance, repair and overhaul workers for 90 days in response to collapse of air travel demand caused by the coronavirus.
-
NewsTransat to lay off 70% of Canadian staff as it halts flights in April
Canadian leisure carrier Air Transat will suspend all flights on 1 April, while its parent Transat AT is laying off some 3,600 Canadian employees due to the coronavirus crisis.