All articles by Howard Hardee – Page 25
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NewsBoeing seeks to raise $19bn via stock sale amid cash crunch
Amid concerns that Boeing does not have enough cash on-hand to support operations, the US airframer disclosed on 28 October a public offering of 90 million shares, plus $5 billion of depository shares.
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NewsStruggling Spirit Airlines to sell 23 A320-family jets as passenger capacity craters
Spirit Airlines recently entered a binding agreement to sell 23 of its older Airbus A320-family aircraft to GA Telesis for a total purchase price of about $519 million.
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News‘Broad’ inquiry puts US airline competition under government microscope
The US government has launched a “broad public inquiry” into competition within the country’s airline industry that will cover consolidation, anticompetitive practices and labour issues, among other areas of concern.
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NewsSouthwest’s board overhaul continues with six new directors and Gary Kelly’s ‘accelerated’ retirement
In a settlement with minority stakeholder Elliott Investment Management, Southwest Airlines is appointing six new directors to its board and accelerating the retirement of executive chairman Gary Kelly.
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NewsJoby’s front-row seat to historic FAA rule signing ‘exciting final chapter before operations’
Joby Aviation’s electric air taxi was positioned front-and-center as Michael Whitaker, head of the Federal Aviation Administration, signed in Las Vegas a historic rule establishing a new class of “powered lift” aircraft.
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In depthHow Garmin’s new G3000 Prime avionics suite builds off 20 years of experience
Leaning on the institutional knowledge that comes with installing more than 30,000 flight decks across various aircraft types over the past 20 years, Garmin’s latest avionics suite – the G3000 Prime – is the Kansas firm’s most advanced yet.
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In depthFAA finalises rule establishing new class of ‘powered lift’ aircraft to enable commercial air taxis
Clearing the way for a new class of “powered lift” aircraft to get off the ground, the Federal Aviation Administration (FAA) on 22 October released a finalised rule outlining operational and pilot-training requirements for the burgeoning electric air taxi sector.
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NewsAmerican to purchase 14 CRJ900s for regional subsidiary PSA
American Airlines’ regional subsidiary PSA Airlines plans to add to its fleet of regional jets 14 MHIRJ CRJ900s, with the first aircraft expected to be delivered next month.
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NewsCAE showcases mixed-reality flight deck simulation app at NBAA
Aviation training company CAE has revealed a new pilot-training app compatible with the Apple Vision Pro mixed-reality headset, which it touts as a potential “game-changer” for aspiring aviators.
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NewsTextron Aviation reveals launch customer, completes first flight of CJ4 Gen3 light jet
A “longtime Cessna Citation enthusiast” is lined up to become the launch customer for Textron Aviation’s first CJ4 Gen3 light business jet, which flew for the first time in early October.
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In depthTextron Aviation rolls out upgraded ‘Gen3’ series of light jets with standard auto-land
Textron Aviation is rolling out at the NBAA show in Las Vegas a series of upgrades to its Cessna Citation family of light business jets that will represent “Gen 3” variants of the M2, CJ3 and CJ4 platforms.
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In depthHoneywell smoothing developmental pathways with Ansys’ simulation software
Todd Giles, Honeywell’s chief technology officer, describes how the working relationship between the firms has evolved since 2006, when they first endeavoured to “move more and more down the simulation road”.
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NewsUS carriers jostle for highly sought long-distance slots out of Reagan airport
The US Department of Transportation (DOT) has tentatively awarded 10 hotly contested slots for long-distance domestic flights out of Ronald Reagan National airport in Washington, DC.
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NewsUnited signs for 40 leased A321neos amid narrowbody jet shortage
United Airlines signed during the third quarter “definitive agreements” with unnamed aircraft lessors to lease 40 Airbus A321neo jets, with deliveries expected in 2026-27.
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NewsSkyWest signs to fly 11 CRJ550s under United Express brand
US regional carrier SkyWest Airlines has secured a deal to fly a small fleet of MHIRJ CRJ550 regional jets on behalf of United Airlines starting in December.
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Airline BusinessUnited focuses on Boeing’s long-term stability over immediate delivery delays
CEO Scott Kirby is encouraged by what he sees as a culture shift already underway at the US aircraft manufacturer.
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NewsWisk furthers pursuit of self-flying air taxi network in Australia
US autonomous air taxi developer Wisk Aero has signed a memorandum of understanding (MoU) with Airservices Australia aimed at safely incorporating its in-development, self-flying Gen 6 aircraft into Australian airspace.
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NewsUnited's third quarter boosted by industry's capacity 'inflection point'
United Airlines’ profitable third quarter was boosted by an “inflection point” in the US airline industry, which saw a widespread shedding of domestic passenger capacity as some carriers cut routes.
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NewsSee inside refreshed cabins coming to Delta’s ‘entire fleet’
Delta Air Lines is rolling out a fresh cabin design that will appear later this year on domestic routes flown by Boeing 757s, followed by a long-haul Airbus A350 scheduled for the upgrades in early 2025.
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Airline BusinessBreeze’s growth plan to include upgraded service and longer-haul flights
While many discount carriers in the USA are trying to appeal beyond cost-conscious leisure travellers, start-up Breeze Airways considers itself ahead of that curve.