The Week in Business Aviation - Feb 07
Astronics Warns Wall Street Over MAX, Other Issues
Credit: AstronicsIn-seat system provider Astronics on Feb. 4 warned investors over financial effects of the Boeing 737 MAX production halt, as well as other “unfavorable” developments including a negative court ruling and ongoing restructuring charges.
Spirit AeroSystems Cuts Dividend To Penny On MAX
737 MAX - Credit: Stephen Brashear / Getty ImagesSpirit AeroSystems, the Wichita aerostructures giant whose fortunes are tied to the Boeing 737 MAX, has cut its April 9 quarterly dividend to a penny per share.
New Products To Hike Heli Deliveries Over Next Five Years—Honeywell
Bell 429 - Credit: HoneywellANAHEIM, California—Over the next five years, Honeywell Aerospace expects manufacturers to deliver 4,100 new civil helicopters, spurred by the entry-into-service of several new products.
Textron Aviation’s First SkyCourier Gets Its Tail
Artist's concept of SkyCourier - Credit: Textron AviationTextron Aviation on Feb. 6 completed assembly of the tail to the fuselage of the first Cessna 408 SkyCourier twin-turboprop prototype.
Denmark’s Second Largest Airport Plans Remote Tower
KLM regional subsidiary KLM Cityhopper serves Billund Airport - Credit: Billund AirportAir navigation service provider Naviair will establish a remote tower center at Billund Airport (BLL), Denmark’s second largest airport, to manage surrounding air traffic and ultimately provide central air traffic control for other regional airports.
FAA Envisages Post-MAX Changes To Certification Process
Boeing 737 MAX 8 - Credit: BoeingLONDON—FAA Administrator Steve Dickson has hinted of a new regulatory regime around aircraft certification leaning on lessons learned from the ongoing Boeing 737 MAX debacle.
New Zealand Plans Autonomous Air-Taxi Trial With Boeing J-V Wisk
Cora - Credit: WiskThe New Zealand government has signed a memorandum of understanding (MoU) with urban air mobility (UAM) startup Wisk to conduct a “world-first” passenger transport trial using its Cora electric self-flying air taxi.
Robinson Targets Better 2020 After Delivery Headwinds In 2019
R66 - Credit: Alan BarclayANAHEIM, California—Impacted by trade tariffs and the dollar’s higher value, U.S. rotorcraft maker Robinson Helicopters saw deliveries drop by over a third in 2019, compared to the 316 aircraft handed over the year before.
Schweizer RSG Assembling First S-300 Helicopter
S-300C - Credit: Alf van BeemANAHEIM, California—Schweizer RSG has begun assembling the first new-build Schweizer 300-series helicopter after a decade-long hiatus in production.
Astronics warns Wall Street over MAX issues, New Zealand plans autonomous air-taxi trial, Schweizer assembling first S-3000 helicopter and more.
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