Higher A350 manufacturing rate fits with original design of production system: Faury
Airbus is confident that a planned A350 production rate hike to 12 aircraft monthly can be accommodated both by the supply chain and the airframer’s own industrial system.
Bombardier CEO says ‘better opportunities’ behind decision to skip upcoming EBACE show
Bombardier’s decision not to exhibit at the EBACE business jet convention in Geneva next month reflects a belief that its marketing dollars can be put to better use elsewhere.
Bombardier starts year with $110m profit and new branding
Bombardier turned a $110 million profit in the first quarter of 2022 despite a dip in aircraft deliveries, and has rolled out a new logo it says reflects the company’s shift to become a manufacturer of business jets only.
Airbus holding preliminary talks on securing Spirit AeroSystems work packages
Airbus chief executive Guillaume Faury is giving little away on the airframer’s specific strategy for Spirit AeroSystems, but confirms the company is holding preliminary talks on options should Spirit be taken over.
Race to market leads top US air taxi developers to Middle East
Leading US air taxi companies pursuing certification of new and novel aircraft appear increasingly likely to launch passenger service not at home but in a Middle East region eager to embrace advanced air mobility.
Outgoing Boeing CEO Dave Calhoun favours ‘internal succession plan’
Asked to explain what qualities he would like to see in the next chief executive of Boeing, outgoing CEO Dave Calhoun hints at personally favouring an internal candidate to guide the company into its next era.
Boeing advances $425m to boost struggling supplier Spirit
Boeing is providing a $425 million advance payment to Spirit AeroSystems in an attempt to steady its embattled supplier in the short term.
Boeing loses $355m in first quarter amid 737 production slowdown
Boeing lost $355 million during a first quarter marred by a high-profile safety scare and the subsequent slowdown of its narrowbody aircraft production rates.
Gulfstream begins G700 deliveries
Gulfstream has now started delivering of its newly certificated G700 ultra-long-range business jet, having handed two of the 19-passenger jets to customers.
Beta transitions eVTOL from hover to forward flight and back
In a major milestone for electric aircraft developer Beta Technologies, the start-up has successfully transitioned a full-scale prototype of the electric vertical take-off and landing (eVTOL) variant of its Alia aircraft from hover to wing-borne forward flight – and back to hover.