North America – Page 24
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Airline BusinessAlaska initially offered $20 per share for Hawaiian but revised bid as stock slid
In its initial bid to acquire Hawaiian Airlines, Alaska Airlines offered $20 per share before the two sides eventually agreed on a final price of $18, as the Honolulu-based carrier’s stock lost two-thirds of its value during the second half of 2023.
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NewsFinancial firm BlackRock takes over London Gatwick and Sydney airports investor GIP
Investment advisory firm BlackRock is to acquire Global Infrastructure Partners, the entity whose portfolio includes London Gatwick, Edinburgh and Sydney airports. BlackRock has agreed to take over GIP for $3 billion of cash and around 12 million BlackRock common shares. The transaction is expected to close in the third quarter ...
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NewsFAA asks Boeing for ‘additional data’ before approving Max 9 inspection protocol
The Federal Aviation Administration is asking Boeing to provide “additional data” before it approves ”an extensive and rigorous” inspection protocol that would allow the Boeing 737 Max 9 to return to service.
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News‘Quiet’ supersonic X-59 demonstrator unveiled by NASA and Lockheed
With the drop of a curtain, NASA and Lockheed Martin on 12 January revealed the experimental X-59 aircraft that is intended to demonstrate the potential of “low-boom” supersonic flight.
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NewsFAA warns travellers to brace for weather-related chaos
The Federal Aviation Administartion is warning travellers this long holiday weekend that inclement winter weather may cause havoc for air travel across the nation.
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NewsPentagon unveils first-ever national strategy for defence industry
The new National Defense Industrial Strategy hopes to address significant challenges that arose within critical manufacturers following the Covid-19 pandemic, including lack of critical inventory and labour shortages, and a slow-to-adapt government acquisition process.
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Airline BusinessSupply chain issues will plague aviation for some time: Delta CEO
Delta Air Lines’ chief executive Ed Bastian says supply chain issues will continue to plague the industry for some time, citing Pratt & Whitney’s engine recall as an example.
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NewsFAA launches audit of Boeing and considers third-party oversight of 737 Max quality
The Federal Aviation Administration has launched an audit into Boeing’s production system as part of its investigation into why an Alaska Airlines 737 Max 9’s emergency exit door plug failed during a flight last week.
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NewsDelta posts profit of $4.6bn for 2023
Delta Air Lines posted a full-year 2023 profit of $4.6 billion on revenue 20% higher year on year, and reports a strong profit for the fourth quarter.
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NewsDelta Air Lines orders 20 A350-1000s
Delta Air Lines has announced an order for 20 Airbus A350-1000s, with options for 20 more of the larger variant.
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NewsCirrus introduces new G7 variant of SR Series single-engine piston aircraft
Cirrus Aircraft has introduced a new variant of its popular single-engine SR-series aircraft, with a redesigned interior, updated electronics and displays, advanced safety systems and other comfort and “convenience features” for both pilots and passengers.
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NewsAtlas Air receives fourth 777F to operate on behalf of MSC Air Cargo
US carrier Atlas Air Worldwide has taken delivery of the last of four Boeing 777-200 Freighters it is contracted to fly for Swiss transport and logistics specialist Mediterranean Shipping Company (MSC).
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NewsFAA focuses 737 Max 9 investigation on ‘non-compliance’ by Boeing
Boeing has become a target of the Federal Aviation Administration’s investigation into the 5 January inflight failure of an emergency exit door plug on an Alaska Airlines 737 Max 9.
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Airline BusinessWhat does Boeing 737 Max 9 door incident mean for airlines?
The failure of a door plug on an Alaska Airlines Boeing 737 Max 9 jet on 5 January continues the commercial air transport industry’s inauspicious start to 2024 in safety terms
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NewsAlaska Airlines cancels hundreds of Max 9 flights through 13 January
Alaska Airlines has cancelled all of its Boeing 737 Max 9 flights through 13 January in the aftermath of the 5 January incident in which parts of one such aircraft’s fuselage blew off during a flight from Portland, Oregon to Southern California.
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NewsAirbus Helicopters settles Grand Canyon crash lawsuit for $75m
A judge in Las Vegas has approved a settlement that will see Airbus Helicopters and sightseeing tour operator Papillon Airways pay a combined $100 million to the family of a victim in a 2018 fatal crash in the Grand Canyon – the lion’s share of which will be paid by the airframer.
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NewsSupernal unveils conceptual S-A2 air taxi
Hyundai Motor Group subsidiary Supernal revealed its proposed S-A2 electric vertical take-off and landing (eVTOL) vehicle on 9 January during consumer electronics show CES in Las Vegas.
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NewsMesa Airlines at risk of de-listing from US stock exchange
Mesa Air Group recently received notice it is at risk of being de-listed from the US stock exchange due to continued delays in reporting its fiscal fourth-quarter results.
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NewsGlobal airline passenger traffic reached 99% of 2019 levels in November
Global passenger traffic was within 1 percentage point of 2019 levels in November last year, according to the latest data from IATA, as it closes on the pre-Covid peak.
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NewsLessors chase 777 Partners for $28m alleging non-payment for Flair 737s
Investment firm 777 Partners is being pursued by lessors of four aircraft formerly operated by Canadian carrier Flair Airlines, over allegations of non-payment. Court filings obtained by FlightGlobal show that the dispute centres on three Boeing 737 Max 8s and a single 737-800 – respectively with serial numbers 61806, 64944, ...