All North America news – Page 12
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NewsJetBlue posts $24m profit in Q4 as travel spending outruns costs
JetBlue Airways posted a $24 million profit in the final quarter of the year as end-of-year travel spending rose to compensate for higher costs, especially for jet fuel.
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Alaska follows Airbus A320 retirements with Dash 8 withdrawal
Alaska Airlines unit Horizon Air today operates the last of its De Havilland Canada Dash 8-400s flights after Alaska earlier this month retired the last of its Airbus A320 fleet as part of its accelerated fleet transition announced last year.
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JAL invests in sea-glider start-up Regent Craft
Japan Airlines Innovation Fund, the venture arm of the Japanese carrier, has invested in start-up sea glider developer Regent Craft.
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American turns $127m profit in 2022 as soaring expenses eat into record revenues
American Airlines made a $127 million profit in 2022 as surging expenses offset what was a record year of revenue for the Fort Worth-based carrier.
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Police UAV operator ‘saturated’ before collision with landing Cessna
Canadian investigators believe the police operator of an unmanned aerial vehicle became task-saturated, and unaware of a collision risk, before the craft was struck by a Cessna 172N flown by a student on a training flight. York Regional Police was operating the drone in the vicinity of Toronto-Buttonville municipal airport ...
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Boeing still coping with ‘unstable’ 737 delivery pace
Boeing expects to deliver between 30 and 40 737s monthly in 2023 – and where it falls in that range will depend largely on its ability to fix supply and labour issues.
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Hawaiian restores flights between Honolulu and Fukuoka, Japan
Hawaiian Airlines is reinstating more flights to Japan, its most important overseas market, as it rebuilds its network in the Asia-Pacific region after almost three years of coronavirus-driven restrictions.
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Boeing’s truss-braced-wing demonstrator will ‘definitely’ inform next aircraft: CEO
Boeing chief executive David Calhoun insists future narrowbody commercial aircraft will benefit from technologies advanced as part of Boeing’s partnership with NASA to develop a truss-braced-wing demonstrator.
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Boeing pushes back plan to bring 787 production to five monthly
Boeing has delayed until later this year a plan to bring 787 production to five aircraft monthly, citing a production slowdown due to a “supply constraint”.
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Textron confident Bell’s FLRAA win will survive Lockheed challenge
The parent company of helicopter manufacturer Bell is confident the company’s win in the US Army’s Future Long Range Assault Aircraft contest will be upheld, amid a challenge from competitor Lockheed Martin.
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Textron Aviation’s 2022 profit jumps as supply chain troubles disrupt production
Textron Aviation turned a $584 million profit in 2022, a year in which parts shortages held up production even as demand for new business aircraft remained strong.
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Commercial and defence programmes push Boeing to $5.1bn 2022 loss
Boeing lost $5.1 billion in 2022 as lacklustre performance from its commercial aviation division combined with its defence business swinging into the red.
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Lockheed’s first Greenville-built F-16 makes debut flight
Lockheed Martin has performed a debut flight with the first F-16 fighter built at its Greenville site in South Carolina: a two-seat, Block 70 example built for Bahrain.
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Collins’ aircraft interiors business faces long road to recovery
Collins Aerospace’ aircraft interiors business is lagging the company’s broader recovery due to the slow return of demand for international long-haul air travel.
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Flat sales in 2023, return to growth in 2024 for Lockheed Martin
Inflation and supply chain headwinds continue to challenge the defence manufacturer, but company executives say new contracts and better than expected defence funding in the USA will drive a return to growth in 2024.
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Raytheon to combine military systems businesses and names Calio president
Raytheon Technologies has disclosed plans to consolidate two defence-focused divisions, reoganising its business into three divisions with Christopher Calio as its next president.
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United takes 10% stake in Mesa Air Group, valued at $10.5m
United Airlines has taken a 10% stake in Mesa Air Group, the parent of Mesa Airlines, valued at $10.5 million.
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Passenger fleet to grow by 22,000 aircraft by end-2041: Cirium
The global passenger fleet is forecast increase by around 22,000 aircraft – or 86% – between end-2021 and end-2041 to meet growing demand for air travel, according to Ascend by Cirium.
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Raytheon reports sluggish defence growth despite high demand
The aerospace conglomerate reports strong growth in the sale of commercial aviation products, but says it still faces significant manufacturing headwinds in its defence portfolio.
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Shortages of P&W engine components to continue through most of 2023
Availability of complex metal components used to produce aerospace turbofans will likely remain constrained through most of this year.
