All news – Page 278
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NewsJapanese majors’ first-quarter profit down as rising costs bite
Japan’s two largest carriers reported a drop in profit for the April-June quarter, despite seeing an increase in revenues.
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AnalysisBack to engineering: why incoming Boeing CEO Ortberg is reason for optimism
There is a sense among people who study Boeing that the company’s board of directors made a very good decision in picking longtime aerospace executive Kelly Ortberg to succeed David Calhoun as chief executive.
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NewsBoeing CEO sees path to certificating Max 7 and 10 in first half of 2025
Boeing chief executive David Calhoun thinks the company could have its 737 Max 7 and Max 10 certificated by the Federal Aviation Administration in the first half of 2025, while cautioning that the regulator will determine ultimate timing.
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NewsSIA sees Q1 profit shrink on lower yields, higher fuel costs
Singapore Airlines Group reported a drop in its first-quarter operating profit – its first decline recorded post-pandemic – as it was impacted by falling yields and a rise in fuel costs.
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NewsSwedish air force chief awaits ‘political decision’ on future airlifter
Stockholm’s selection of a new-generation tactical airlifter will be a “political decision”, says Swedish air force chief Major General Jonas Wikman.
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NewsBoeing works to hike deliveries as losses mounted in Q2
Boeing still aims by year-end to boost production to 38 737s and five 787s monthly, returning to output levels at which the company had said it was operating prior to this year’s production slowdown.
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NewsFormer Collins chief Ortberg to succeed Calhoun as Boeing CEO
Longtime aerospace executive and former Collins Aerospace chief Kelly Ortberg will succeed David Calhoun as Boeing’s chief executive on 8 August.
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NewsSpohr still optimistic of completing ITA deal in fourth quarter
Lufthansa Group chief executive Carsten Spohr is still targeting completing its deal to acquire a stake in Italian carrier ITA Airways before year-end.
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NewsAirbus chief ‘blindsided’ by sharp Leap delivery drop as Safran strives to recover pace
Airbus chief executive Guillaume Faury says the airframer has been “blindsided” by a sharp drop-off in CFM International Leap engine deliveries, and is waiting to see how soon the powerplant manufacturer can recover. Speaking at a half-year briefing on 30 July, Faury said the Leap delays were “not factored” into ...
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NewsUkrainian F-16s are no “golden bullet”: USAFE chief
A US Air Force leader says that Ukraine’s receipt of Lockheed Martin F-16s is an important step in its fight against Russia but warns that it will not lead immediately to air superiority.
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NewsLufthansa challenges weigh down wider group as profits fall 37% in second quarter
Lufthansa Group adjusted earnings before interest and taxes (EBIT) fell 37% in the second quarter to €686 million ($742 million) despite revenues passing €10 billion for the first time, as challenges at its German operations in particular took a toll.
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NewsSafran highlights seating recovery as interiors arm reaches operating break-even
French aerospace firm Safran’s aircraft interiors division has narrowly edged into operating profit for the first half, turning around a heavy loss at the same point last year. The division, which generated a €100 million ($108 million) interim loss in 2023, posted a €10 million profit for the six months ...
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NewsSafran lowers expectations for full-year Leap engine deliveries
French aerospace firm Safran has lowered its expectations for CFM International Leap engine production for the full year, after delivering over 120 fewer Leap powerplants in the first half. Safran says it delivered 664 Leap engines in the six months to 30 June, some 15% down on last year’s interim ...
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NewsDefence orders boost KAI’s profits, revenue
Korea Aerospace Industries (KAI) enjoyed a strong second quarter on the back of government orders for key aircraft programmes.
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NewsJetBlue defers delivery of 44 A321neos
JetBlue Airways has delayed to 2030 and beyond deliveries from Airbus of 44 new A321neos, meaning the airline does not anticipate receiving any of the type from Airbus between 2026 and 2029.
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NewsSenator asks FAA to review effectiveness of Boeing oversight
The chair of the House Transportation Committee has asked the head of the Federal Aviation Administration to complete a thorough analysis into how well the agency oversees Boeing and other manufacturers.
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NewsRex enters administration as it grounds 737 operations
Struggling Australian carrier Regional Express (Rex) has entered administration and confirmed the grounding of its Boeing 737 operations.
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NewsAirbus implementing focused cost-containment programme to ensure ramp-up efficiency
Airbus is implementing a short-term cost-containment programme intended to support its production ramp-up efforts. Speaking during a first-half briefing, chief executive Guillaume Faury said the aim of the programme – which has been designated ‘Lead’ – is to prioritise serving the ramp-up and financial performance, and avoid being “distracted”. He ...
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NewsUS DOJ extends Alaska-Hawaiian antitrust review
The US Department of Justice (DOJ) is taking another 10 days to review Alaska Air Group’s proposed acquisition of Hawaiian Holdings, with the airlines now agreeing not to close their planned deal before the period ends on 15 August.
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NewsInvestments bring down Airbus commercial aircraft earnings in first half
Airbus’s adjusted earnings for its commercial aircraft division were down by 13% to €1.95 billion ($2.11 billion) over the first half, as investments for future preparation offset the increase in deliveries. The airframer delivered 323 commercial aircraft over the first six months – up on the previous 316 and lifting ...