All articles by Jon Hemmerdinger – Page 22
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NewsPrivate equity firms to acquire Triumph Group for $2bn
US aerospace supplier Triumph Group has agreed to be purchased by two private equity firms for about $2 billion, a deal that takes the publicly traded business back into private hands.
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NewsLearjet 55 crashes after departing Philadelphia
A Learjet 55 business jet crashed after departing Northeast Philadelphia airport the evening of 31 January, with video showing what is purportedly the jet slamming into the ground and igniting a massive fireball.
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NewsSpirit AeroSystems stockholders approve Boeing acquisition plan
Spirit AeroSystems’ shareholders have approved an deal under which the Wichita company would be acquired by Boeing, clearing a path for the deal to close in mid-2025.
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NewsGulfstream misses 2024 delivery target amid engine shortages and supplier quality trouble
Gulfstream failed to meet its 2024 aircraft delivery goal due to factors including supplier quality problems and shortages of the Rolls-Royce Pearl 700 turbofans that power the company’s new ultra-long-range G700 business jet.
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NewsTrump names longtime FAA leader Rocheleau as acting administrator
US president Donald Trump named Chris Rocheleau, who has logged 20 years working at the Federal Aviation Administration, as the agency’s acting administrator, a move following the 29 January mid-air collision involving a passenger jet near Washington, DC.
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NewsPresident Trump offers ‘strong opinions’ about CRJ700 midair collision
While acknowledging that the cause of the 29 January midair collision remains unknown, US president Donald Trump has cited diversity hiring practices by the Federal Aviation Administration and potential missteps by the pilots of a Sikorsky UH-60 Black Hawk helicopter.
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NewsOfficials describe dark, cold and icy CRJ700 rescue operation
Rescue teams responding to the 29 January in-flight collision involving a PSA Airlines MHIRJ CRJ700 are battling incredibly challenging conditions as they scour the icy Potomac River at night for survivors.
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NewsPSA CRJ700 midair collision occurred in area frequented by military rotorcraft
The location where a PSA Airlines MHIRJ CRJ700 struck a US Army Sikorsky UH-60 Black Hawk helicopter on 29 January is a busy flight corridor for military rotorcraft.
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NewsPSA Airlines rescue effort recalls Air Florida crash 43 years earlier
Images of rescue teams working the site where a PSA Airlines regional jet crashed on 29 January recall another incident 43 years earlier involving an Air Florida passenger jet that crashed several miles north.
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NewsMidair collision likely first fatal accident involving US airline since 2009 Colgan Air crash
The midair collision of an American Eagle-branded regional jet and a Sikorsky UH-60 helicopter near Washington, DC may be the first fatal crash involving a US airline since the 2009 crash of a Colgan Air-operated regional jet that killed 50 people.
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NewsPSA Airlines CRJ700 disappeared from flight-tracking website one-half mile from runway
The 29 January midair collision involving a PSA Airlines MHIRJ CRJ700 appears to have happened when the regional jet was flying at less than 1,000ft over the Potomac River.
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NewsPSA CRJ700 regional jet involved in midair collision near Washington, DC
A PSA Airlines regional jet and a US military Sikorsky H-60 helicopter collided near Ronald Reagan Washington National airport on 29 January, with reports saying both aircraft crashed.
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NewsBoeing working to bring 787 production rates higher this year
Boeing hopes by year-end to be producing seven 787s monthly, up from five monthly, though the company continues dealing with shortages of critical parts and with challenges related to certifying seats.
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NewsLufthansa confirmed as 777-9 launch customer as Boeing works toward first delivery next year
Boeing confirms German carrier Lufthansa will be the launch operator for the in-certification 777-9, settling uncertainty about whether Emirates Airline might take the first of the type.
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NewsBoeing plans to wrap up rework in ‘shadow factories’ this year
Boeing has made progress winnowing its once-massive inventory of undelivered 737 Max and 787s and is now preparing to shutter so-called “shadow factories” in which it has been completing rework on the aircraft.
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NewsBoeing prepares for 737 production rate hikes this year, with 42-monthly in sight
Boeing aims this year to hike 737 production to at least 38 jets monthly, and possibly as high as 42, if it receives permission to do so from the Federal Aviation Administration.
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NewsBoeing’s 2024 results bring six-year losses to $36bn, as CEO eyes ‘streamlining our portfolio’
Boeing’s six-year sequence of financial strife continued in 2024 with an $11.8 billion loss, bringing the airframer’s total losses since 2019 and the grounding of the 737 Max to $36 billion.
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NewsAs Boeing prepares to reveal scope of 2024 loss, analysts see glimmers of optimism
Though Boeing is poised on 28 January to report a massive loss for 2024, some analysts suspect the company’s financial and operational condition will improve as 2025 progresses.
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NewsVertical Aerospace raises $90m by issuing 15 million more shares
Vertical Aerospace has closed a deal under which it raised $90 million in proceeds, generating cash needed to help fund continued development of its VX4 electric air taxi.
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NewsBoeing reports steep Q4 loss, still tracking for first 777-9 delivery in 2026
The company on 23 January disclosed preliminary 2024 financial results, saying its fourth-quarter loss reflects charges of nearly $3 billion against its commercial and defence aircraft programmes.