Some financial analysts suspect airframers might further cut aircraft production in 2021 owing to the depth of the pandemic-driven aerospace downturn. Some financial analysts suspect airframers might further cut aircraft production in 2021 owing to the depth of the pandemic-driven...
The US Department of Defense has awarded Texas A&M University’s Engineering Experiment Station a 5-year contract worth $20 million per year to establish and manage the University Consortium for Applied Hypersonics. The US Department of Defense (DoD) has awarded Texas...
JetBlue Airways reported sharply declining third-quarter financial results but remains optimistic that the coming weeks will bring recovery as customers begin planning travel for the end-of-year holiday season. JetBlue Airways reported sharply declining third-quarter financial results but remains optimistic that...
Pratt & Whitney shipped 114 large commercial aircraft engines in the third quarter of 2020, up slightly from the previous period. Pratt & Whitney shipped 114 large commercial aircraft engines in the third quarter of 2020, up slightly from the...
Turkish Airlines has undertaken a restructuring of its fleet plans, agreeing with Airbus to reschedule a number of deliveries. The carrier adds that it has “adapted the overall outstanding orders”, taking into account operational and financial positions, to ensure a...
Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions, according to IATA. Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions and in...
Airbus Helicopters has handed over the first two of an eventual six H145s to the Ecuadorian air force, the first customer for the light-twin in South America. Airbus Helicopters has handed over the first two of an eventual six H145s...
European nation outlines defence spending priorities for the next three years, while its future wish-list includes new tactical transports, high-speed helicopters and basic trainers. Italy plans to invest €1.2 billion ($1.4 billion) in a new special-mission aircraft under its latest...
ACI Europe has warned of the “collapse of significant parts of the air transport system” because of a worsening outlook for passenger demand. ACI Europe has warned of the “collapse of significant parts of the air transport system” because of a...
Raytheon Technologies’ commercial aerospace businesses continued to struggle in the third quarter of 2020, though the company’s Collins Aerospace unit did swing to an operating profit. Raytheon Technologies’ commercial aerospace businesses continued to struggle in the third quarter of 2020,...