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Aerospace & Defense
Latest
IAG Cuts Deliveries As Full Recovery Not Anticipated Before 2023
IAG incurred a loss of around $577 million in the first quarter of 2020, and sees even tougher trading conditions in the second and third quarters.
Aircraft
May 7, 2020
Leonardo Sees 2020 Hit from Decline in Civil Aviation Markets
Italy's Leonardo saw first quarter earnings decline, mainly on the civil side of its business, including helicopters, ATR airliners, and aerostructures.
Aircraft
May 7, 2020
Rolls-Royce Suggests Likelihood of More Job Cuts
UK engine maker Rolls-Royce cites a 40-percent decline in engine flying hours during this year’s first four months.
Engines
May 7, 2020
Air France-KLM Delays A350 Deliveries, Mulls Other Models' Fate
The Franco-Dutch airline group warns that passenger demand will not recover to pre-COVID-19 levels "before several years."
Aircraft
May 7, 2020
Videos
More Articles
Korean Air Adds International Flights as Region Slowly Reopens
Several airlines in the Asia-Pacific region eye a resumption of strategically important overseas routes.
Airlines
May 7, 2020
M-346FA Gets Rafael's Advanced Targeting, Recon Systems
The adoption of advanced podded targeting and reconnaissance systems significantly enhances the M-346FA’s combat potential.
Aircraft
May 6, 2020
Spirit CEO: Bombardier, Asco Acquisitions Proceeding
Spirit AeroSystems sees "long-term value" in acquiring Asco and Bombardier's aerostructures unit, despite the effects of Covid-19 and 737 Max grounding.
May 6, 2020
South Africa’s Comair Enters Business Rescue Process
Comair said it aims to restructure itself as a sustainable business.
Airlines
May 5, 2020
Where Did it Go Wrong For the Merger Between Boeing and Embraer?
Where Did it Go Wrong For the Merger Between Boeing and Embraer?
May 5, 2020
GE Aviation To Shrink Workforce by 25 Percent
Some 13,000 GE employees will lose their job as the company "resizes" to address Covid-19-related business distress.
Engines
May 4, 2020
De Havilland Canada Begins Phased Return to Work
Toronto-based De Havilland Canada said it would take a measured approach to resuming operations.
Aircraft
May 4, 2020
Shareholders Approve Norwegian Air Rescue Plan
A near $1 billion private placement unlocks more government aid for Norwegian Air Shuttle.
Airlines
May 4, 2020
Boeing Supplier Spirit Plans Company-wide Job Cuts
Lower production rates at Airbus and Boeing are leading Spirit AeroSystems to cut commercial production jobs in Wichita and company wide.
May 4, 2020
Boeing Completes First Flight of Second 777X
The first flight of 777X WH002 lasted 2 hours and 58 minutes.
Aircraft
May 1, 2020
Boeing Passes on CARES Act Funding With $25B Bond
A $25 billion bond offering has ensured enough liquidity to allow Boeing to reject public money.
Aircraft
May 1, 2020
Airbus to Offer Freight Mod for A330, A350 Cabins
An Airbus service bulletin will define the needed engineering work and management of the certification process for EASA.
Aircraft
April 30, 2020
Analysis: Boeing-Embraer Saga Leaves Sour Taste in Brazil
Embraer faces a reset as Boeing conserves cash.
Aircraft
April 30, 2020
Airbus Sees More Pain in Commercial Market Through 3Q2020
Airliner deliveries could fall further during the second and third quarters of 2020, resulting in greater financial pressure on the aerospace supply chain.
Aircraft
April 29, 2020
First GlobalEye Handed Over to the UAE
Saab has delivered the first of three GlobalEye swing-role surveillance systems to the United Arab Emirates on schedule.
Aircraft
April 29, 2020
Boeing to Institute Big Cuts to Workforce and Production
CEO David Calhoun detailed plans for slashing the Boeing workforce by 10 percent and widebody aircraft production in half by 2022.
Aircraft
April 29, 2020
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