All aerospace news – Page 322
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NewsGermany’s Lilium nets another $240 million from existing investors
German start-up Lilium has secured an additional $240 million in funding from four existing backers as it works to bring its electric-powered short-range aircraft to market.
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NewsAirbus beefs up finances to weather coronavirus
Airbus has announced measures to support its financial position in light of the economic challenges presented by coronavirus. The measures comprise a new €15 billion ($16.1 billion) credit facility, withdrawal of its 2019 dividend proposal, and suspension of top-up pension funding, says Airbus in a 23 March statement. The withdrawal ...
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AnalysisOutbreak brings mixed fortunes for Asia MROs
While much has been said about how the coronavirus outbreak has affected the airline industry, what is less-known is its effect on MROs. Are MROs in Asia seeing the silver lining of the crisis, or is it also a picture of gloom for many of them?
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NewsCoronavirus prompts overnight closures of New York air traffic control sites
The coronavirus pandemic continues disrupting US air traffic control, with the Federal Aviation Administration temporarily shutting the New York Air Route Traffic Control Center and New York LaGuardia airport’s control tower, citing infections.
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NewsBoeing executives to give up all pay
Boeing announced several extraordinary measures to help the company through the coronavirus crisis which has left the entire aerospace industry reeling.
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NewsTrump suggests airline aid package could restrict stock buybacks
President Donald Trump supports imposing stock buyback restrictions on companies that receive financial aid as part of the federal government’s coronavirus recovery package.
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NewsLongview halts production of Q400s and Twin Otters
Longview Aviation Capital’s subsidiaries will suspend production of De Havilland Aircraft of Canada’s Dash 8-400 turboprop and Viking Air’s DHC-6-400 Twin Otter turboprop in response to the coronavirus crisis.
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NewsFarnborough, RIAT shows axed as coronavirus crisis deepens
Two stalwarts of the European summer aerospace event calendar – the Farnborough air show and Royal International Air Tattoo – have become the latest to confirm their cancellation due to the coronavirus pandemic.
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NewsFAA staff at JFK and Indianapolis test positive for coronavirus, prompting contingency operations
Federal Aviation Administration employees who work at an Indianapolis air traffic control center and the tower at John F Kennedy airport in New York have tested positive for coronavirus.
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OpinionBoeing is too big to fail, but any rescue will be conditional
Eleven years after the end of the 2007-2009 Great Recession, the USA is again having “too big to fail” discussions, with the airframer at their centre.
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NewsSenate bill would make $150b available to struggling sectors, including aerospace manufacturing
The US Senate’s proposed financial aid package to businesses affected by the coronavirus would make $150 billion in loans available to “distressed” US companies, including those in the aerospace manufacturing sector.
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NewsUS government warns against international travel with ‘Level 4’ advisory
The US Department of State has issued a “Level 4” international travel advisory, upping the government’s travel warning to the highest level as part of an effort to urge Americans not to fly overseas.
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NewsMeggitt races to develop coronavirus ventilator
UK manufacturer heads an aerospace team looking to meet urgent government need for life-saving kit
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NewsFAA addresses potential data-display fault in 787 avionics
The Federal Aviation Administration has issued an airworthiness directive to address a computer issue that could lead to incorrect flight data being displayed in 787 cockpits.
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NewsRecurrent hydraulic fault preceded Iran Fokker 100 gear-up landing
Investigators have found that an engine-driven pump’s overheating preceded a hydraulic leak before an Iran Air Fokker 100 was forced to land at Tehran Mehrabad with its main landing-gear retracted. Iran’s Civil Aviation Organisation found that the aircraft, inbound from Qeshm on 19 March last year, had suffered a series ...
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NewsHAECO gains 787 landing gear MRO capability
HAECO’s landing gear services unit has added Boeing 787s to its overhaul capabilities. The latest addition will provide “timely support for the fast-approaching landing gear overhauls due on regional and international Boeing 787 fleets”, the Hong Kong-based MRO states. HAECO Landing Gear Services also holds MRO capabilities on ...
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NewsGearbox replacement order broadened to non-ETOPS PW1100Gs
US regulators have extended a directive to replace the gearbox and control software of Pratt & Whitney PW1100G engines, to encompass powerplants not used for extended twin-engined operations (ETOPS) flights. The US FAA had already ordered removal and replacement of the main gearbox assembly on the engines as well as ...
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NewsTextron Aviation plans four weeks of furloughs for US staff
Business aircraft maker Textron Aviation is furloughing “most” US staff for four weeks and “adjusting” production as an initial response to the impact of the coronavirus pandemic.
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NewsAMAC readies BBJ 747-8 for refurbishment
AMAC Aerospace is preparing a Boeing BBJ 747-8 for refurbishment following the arrival of the privately-owned VIP widebody airliner at its Basel facility in mid-March.
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NewsBoeing seeks $60bn in aid for aerospace manufacturing
Boeing is requesting at least $60 billion in government aid to support US aerospace manufacturing – funds the company says will help the industry weather the coronavirus downturn and protect 2.5 million jobs.