All Engines articles – Page 63
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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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Genghis Khan Airlines launches operations
Chinese start-up carrier Genghis Khan Airlines has launched operations with the Comac ARJ21.
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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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NewsPratt & Whitney prepares GTF for new opportunities
Pratt & Whitney is continuing to ready its geared turbofan (GTF) engine programme for the next wave of aircraft development, with Boeing’s proposed New Mid-market Airplane (NMA) the closest short-term opportunity.
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P&W's Q2 profit jumps even as large jet engine shipments slow
Pratt & Whitney’s second quarter operating profit jumped 7% year-on-year to $424 million amid continued cost reduction and an increase in engine shipments.
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NewsTextron's Q2 revenue sags amid aircraft demand concerns
Textron’s aircraft manufacturers delivered fewer units in the second quarter of 2019 as revenue slipped, stoking concern about the health of the business-jet market among investment analysts.
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Rolls-Royce invests in Singapore university lab work
Rolls-Royce has invested S$88 million to extend its research partnership with a Singapore university, with a focus on 29 projects related to the future of aircraft propulsion.
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Qatar selects GEnx for 787s and signs maintenance deals
Qatar Airways has selected GE Aviation GEnx engines to power 30 on-order Boeing 787-9s and signed engine maintenance deals with GE.
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FAA certificates Gulfstream G600
The Federal Aviation Administration has certificated Gulfstream Aerospace's 19-passenger G600 business jet, clearing the path for first delivery later this year.
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FAA finds issue with 737 Max trim recovery procedures
Federal Aviation Administration flight tests of the 737 Max have uncovered a data processing issue that affected government pilots' ability to perform the procedure for counteracting so-called "runaway stabiliser".
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GKN Fokker to assist PAL-V on flying car development
GKN Fokker has signed a memorandum of understanding (MoU) with fellow Dutch firm PAL-V to assist in the design, certification, engineering and production of current and future versions of the Liberty flying car.
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NewsCalio to succeed Leduc as Pratt & Whitney president
Pratt & Whitney commercial engine president Christopher Calio will succeed Robert Leduc as president of the company in early 2020, says the Connecticut-based engine maker.
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Italian government throws Piaggio €700 million lifeline
The Italian government has approved nearly €700 million ($800 million) worth of orders and commitments for Piaggio Aerospace, which should help to provide a long-term and sustainable future for the Italian airframer.
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NewsPARIS: All the best images from the show
All the best images from on the ground at the 2019 Paris air show.
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PARIS: Boeing lands digital service deals worth more than $100m
Boeing's fast-growing services business has disclosed more than $100 million-worth of orders and contracts for digital products with customers including major US carriers and smaller regional operators.
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PARIS: Safran sees a secure future in nacelle segment
As an incumbent supplier to an aircraft programme, there is always the risk that your airframer customer will instead consider one of your rivals for the position, or, as has increasingly been seen – opt to take that capability in house.
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PARIS: Avolon orders Leap engines for 70 A320neos
Avolon has ordered 140 CFM International Leap-1A engines to power 70 on-order Airbus A320neos.
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PARIS: AirAsia seals deal for 200 Leap engines
AirAsia has firmed an order for 200 CFM International Leap-1A engines to power its 100 on-order Airbus A321neos.