All air transport news – Page 500
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News
Spirit to close Asco deal by October after delays
Spirit AeroSystems remains interested in acquiring Belgian aircraft component maker Asco despite further delays stemming from a cyber attack against Asco's systems.
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Spirit AeroSystems earns $168m Q2 profit despite 737 grounding
Spirit AeroSystems’ second quarter net profit jumped 16% year-on-year to $168 million despite a surge in costs related to the grounding of the Boeing 737 Max.
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GE Aviation Q2 profit slips as 737 Max grounding hits earnings
The grounding of the Boeing 737 Max took a $300 million bite out of General Electric’s second quarter results, and GE warns the grounding could shave another $800 million off earnings in the second half of 2019.
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Military sales help lift Leonardo's first half revenues
A robust performance in military rotorcraft and defence electronics offset problems in aerostructures and weak demand for offshore helicopters to help Leonardo to a 7% increase in first-half revenues to €6 billion ($6.7 billion).
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Airbus comfortable with twin-aisle production levels
Airbus is confident that it has overcome the powerplant supply issues which had obstructed deliveries of A330neos, and expects to hand over more re-engined versions of the twinjet this year than previous conventional variants.
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Airbus looks to hike A321neo's share of production
Airbus is examining strategies to increase the proportion of A321neo output within its single-aisle production system, as demand for the variant rises.
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Boeing to issue $5.5 billion of debt for Embraer purchase
Boeing intends to raise $5.5 billion through a previously announced debt issuance to help fund its planned purchase of majority ownership of Embraer’s commercial aircraft division.
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NewsAirCalin receives its first A330neo
New Caledonian carrier AirCalin today took delivery of the first of two on-order Airbus A330-900s at the airframer’s factory in Toulouse.
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Embraer's Q2 commercial aircraft deliveries slip year-on-year
Brazilian aircraft maker Embraer’s second quarter commercial aircraft deliveries declined year-on-year to 26 aircraft, though the number of handoffs increased from the first quarter of this year.
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BOC Aviation expects up to 30 jet deliveries to slip into 2020
Lessor BOC Aviation expects that up to 30 aircraft that were due for delivery this year could be pushed into 2020, primarily due to the Boeing 737 Max grounding.
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Boeing intends to issue debt to fund Embraer purchase
Boeing intends to issue debt to fund the majority of its planned $4.2 billion acquisition of Embraer’s commercial division, a deal the companies hope will close by the end of the year.
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NewsRETROSPECTIVE: How the press missed the Comet’s maiden flight
It’s an extraordinary fact that the maiden flight 60 years ago this month of the pioneering de Havilland Comet was an event missed by the British aviation press, because they’d all headed back to their London offices.
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NewsA220 embarks on six-stop Asian tour
The Airbus A220 test aircraft will be making its way to six points in Asia as part of a demonstration tour.
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Genghis Khan Airlines launches operations
Chinese start-up carrier Genghis Khan Airlines has launched operations with the Comac ARJ21.
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OpinionAviation faces increasingly uncertain outlook
Glass-half-empty people generally do not run airlines; as the old saying goes, the industry has never made money. Like most old sayings, that one is not strictly true – but it is fair to note that “airlines” and “troubled” often go together.
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NewsAmbitious EcoPulse project must overcome significant hurdles
An all-French bid to devise a technical path to hybrid-powered flight highlights one of the most daunting challenges facing engineers looking to enlist electric propulsion in the battle against noise and emissions: the high voltages required by such systems.
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OpinionMax costs keep rising but airlines have few options
For months, Boeing has framed its 737 Max issues as a temporary, though unfortunate, setback to an aircraft programme that will surely rise again.
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NewsMTU raises 2019 profit outlook
German engine specialist MTU Aero Engines has increased its 2019 earnings forecast, following improved profitability in its manufacturing and maintenance segments.
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Rolls-Royce, Indra end talks over ITP Aero
Rolls-Royce has ended talks with Spanish technology company Indra about the potential sale of a majority stake in the former’s Bilbao-based subsidiary ITP Aero.
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AnalysisBoeing warns of 737 production halt as grounding slams Q2 results
Boeing has warned it could decide to stop 737 Max production should the ongoing regulatory review extend beyond the company’s current expectation.