Relatively strong order intake in previous years should see Airbus Helicopters maintain output levels over the next 12 months, delaying the impact of 2020’s 20% fall in bookings for one or two years, according to the airframer’s chief executive. Relatively...
Raytheon Technologies believes its subsidiaries Pratt & Whitney and Collins Aerospace will begin experiencing notable recovery starting in the second quarter of 2021. Raytheon Technologies believes its subsidiaries Pratt & Whitney and Collins Aerospace will begin experiencing notable recovery starting...
Steep losses at Pratt & Whitney and slumping profits at Collins Aerospace pushed parent company Raytheon Technologies to a $3.5 billion loss in 2020. Steep losses at Pratt & Whitney and slumping profits at Collins Aerospace pushed parent company Raytheon...
Alaska Air Group lost $316 million in the fourth quarter of 2020, and is preparing for a mixed bag in the current year as the coronavirus crisis drags on. Alaska Air Group lost $316 million in the fourth quarter of 2020, and...
Airbus Helicopters believes it is in a position where it could begin the certification process for a new aircraft architecture following a series of flight tests with urban air mobility (UAM) demonstrators. Airbus Helicopters believes it is in a position...
Airbus Helicopters chief executive Bruno Even has reiterated the need for Europe to develop a next-generation military rotorcraft and continues to court Italian rival Leonardo as a potential partner for the project. Airbus Helicopters chief executive Bruno Even has reiterated...
Eastern Airways has outlined plans to begin flights from Southampton to Nantes and Rennes in France from the end of April. Eastern Airways has outlined plans to begin flights from Southampton to Nantes and Rennes in France from the end...
The UK Ministry of Defence has picked one bidder to advance its lightweight affordable novel combat aircraft (LANCA) concept to flight-test status by the end of 2023. The UK Ministry of Defence (MoD) has picked one bidder to advance its...
In 2020, GE Aviation’s engine sales sank 48% and its service revenue tumbled 36%, but the company expects the aerospace sector will begin recovering in the second half of this year. GE Aviation’s engine sales sank 48% and its service...
If all goes to plan, at this point in 2022 the UK’s FlyZero project will be entering its second year with a pair of low-emission aircraft concepts on the drawing board and a firm plan on how to bring them...