All articles by Jon Hemmerdinger – Page 111
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NewsGE Aviation’s profits slide in Q1 as engine sales tumble
GE Aviation’s commercial engine sales and orders tumbled in the first quarter of 2030, as did revenue and profit, as the coronavirus took a bite from the Ohio company’s business.
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NewsBoeing CEO dismisses major new commercial product launches amid pandemic uncertainty
Boeing will not unveil a major new aircraft programme anytime soon, but will continue investing funds into updates to existing products and efforts to develop next-generation manufacturing and design processes.
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NewsBoeing anticipates Q3 return of 737 Max
Boeing believes it will resume 737 Max deliveries in the third quarter of 2020, with chief executive David Calhoun saying the company is progressing well through certification work despite challenges posed by coronavirus.
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NewsBoeing has time to review 787 production strategy in light of rate cuts: CEO
Boeing has no immediate plan to restructure its 787 manufacturing footprint despite announcing a major cut in production.
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NewsBoeing to cut commercial aircraft staff by 15% and slash production as losses mount
Boeing is slashing its commercial aircraft workforce by more than 15% and cutting production rates in response to the coronavirus pandemic and ensuing cash crunch.
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NewsBombardier to resume manufacturing on 11 May
Bombardier intends to resume aerospace manufacturing on 11 May, ending what will have been a seven-week production halt due to the coronavirus pandemic.
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NewsSouthwest delays deliveries of 59 737 Max to post-2021
Southwest Airlines, among the world’s top Boeing 737 Max customers, has pushed back deliveries of 59 Max aircraft in response to the travel downturn caused by the coronavirus pandemic.
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NewsBoeing to reopen 787 production site in South Carolina
Most Boeing employees at its South Carolina 787 production site will return to work on 3 May or 4 May, ending a temporary site shutdown that began on 8 April.
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AnalysisWhy Embraer’s breakup with Boeing highlights its solo struggles
The collapse of the Boeing-Embraer joint venture leaves Embraer more vulnerable as a standalone company than Boeing, raising questions about the Brazilian airframer’s ability to compete long term against Airbus, say two analysts.
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NewsSupersonic jet maker Aerion to build manufacturing site in Florida
Supersonic business jet company Aerion will manufacture its in-development AS2 transport aircraft at a new facility in the Florida city of Melbourne, in the heart of the state’s aerospace cluster.
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In depthWhy leasing market is shedding 737 Max orders
Recent cancellations of Boeing 737 Max orders likely reflect unique pricing pressures faced by aircraft lessors and could foretell additional Max cancellations.
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NewsDe Havilland sells up to 13 Dash 8-400 freighter conversion kits to Jazz
Canadian regional airline Jazz has agreed to purchase up to 13 freighter conversion kits for De Havilland Canada Dash 8-400 turboprops, enabling the airline to carry freight needed to combat coronavirus.
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NewsBoeing revamps commercial aircraft management structure
Boeing is overhauling the management structure of its commercial aircraft division, creating a new supply chain oversight role and reviving a position with responsibility for all Boeing’s commercial aircraft programmes.
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NewsBoeing to restructure, simplify corporate functions amid changing industry
Boeing is overhauling some of its management structure in an effort to streamline and integrate functions, improve cost efficiency and better prepare the company to succeed after the coronavirus pandemic.
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NewsAir Canada to halt all US flights on 27 April
Air Canada will suspend all USA-Canada flights on 27 April, slashing its 11 remaining US routes due to an extension of travel restrictions between the nations.
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NewsALPA accuses FAA of cowing to airlines, pleas for health oversight
The Air Line Pilots Association (ALPA) continues sparring with the Federal Aviation Administration over the FAA’s decision not to require airlines to follow health and sanitation guidelines aimed at protecting workers from catching coronavirus.
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NewsGE Capital Aviation Services cancels orders for 69 737 Max
Aircraft lessor GE Capital Aviation Services has terminated orders for 69 Boeing 737 Max, further reducing Boeing’s Max backlog amid a downturn that has hammered airlines and the global aerospace industry.
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NewsSlow recovery, suppliers to be hit hard: aerospace leaders predict
The current industry slump may push some aerospace suppliers out of business, and the recovery may come slow due to public wariness of close quarters in aircraft cabins, say industry experts.
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AnalysisIndustry downturn raises new doubts about Boeing’s NMA: analysts
The aerospace industry downturn and Boeing’s financial position has raised fresh questions about its likelihood of developing the long-stalled New Mid-market Airplane (NMA), says two aerospace analysts
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NewsSpirit warns of $160 million Q1 loss, secures $1.2b in financing
Airframe maker Spirit AeroSystems expects to post a $160 million net loss in the first quarter of 2020, a reversal from a $163 million profit one year earlier.