Astronics Warns Wall Street Over MAX, Other Issues
Credit: Astronics
In-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.
Credit: 737 MAX - Credit: Stephen Brashear / Getty Images
Spirit 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
Credit: Bell 429 - Credit: Honeywell
ANAHEIM, 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.
Air 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
Credit: Boeing 737 MAX 8 - Credit: Boeing
LONDON—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
Credit: Cora - Credit: Wisk
The 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
Credit: R66 - Credit: Alan Barclay
ANAHEIM, 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.
