Aviation Week Senior Editor Guy Norris and London Bureau Chief Tony Osborne are joined by Vertical Flight Society Executive Director Michael Hirschberg as they review a busy Heli-Expo 2020 in Anaheim, California.
LYON, France—The €3.6 billion ($4 billion) final agreements Airbus has reached with French, UK and U.S. authorities to resolve a corruption case, although colossal, is in fact a satisfactory outcome for the company.
United Technologies Corp. (UTC) says its commercial aftermarket business is being hit by ramifications from the Boeing 737 MAX grounding and could see additional headwinds linked to the coronavirus outbreak, but executives are confident that any dip will be short-lived.
ARPE-E, the U.S. Energy Department’s (DOE) DARPA-inspired advanced research projects agency, has launched two programs to develop propulsion technology for all-electric, 150-200-seat narrowbody airliners.
British aerostructures provider Senior warned investors on Jan. 31 that its aerospace revenue this year could drop 20% compared with last year due to the Boeing 737 MAX production halt.
As the 777X makes its first flight, Boeing pulls back on the NMA and announces its first annual loss in a generation. Aviation Week's editors discuss the implications.
Boeing executives believe customer sentiment toward the 737 MAX remains strong, insisting that airlines still want the grounded model even amid rising operating costs linked to simulator training and the risk that passengers may shy away from the aircraft once it returns.
Mitsubishi Aircraft denies reports that it has already decided to further extend the development schedule of the SpaceJet regional airliner, saying the matter is still being evaluated.
Stanley Black & Decker will break into aerospace and defense and buy Consolidated Aerospace Manufacturing, a provider of highly engineered fasteners, latches and other parts for aerospace, for up to $1.5 billion in cash.
Last year turned out to be the ugliest for Boeing’s finances in a generation, with the Chicago-based manufacturer of the 737 MAX and other aerospace and defense products reporting a net loss of $636 million.
Ankara-based Turkish Aerospace Industries (TAI) president & CEO Temel Kotil said producing the nation’s first passenger narrowbody aircraft is still on the company’s master plan but is currently on hold.
Aerospace suppliers are taking different approaches on whether to cut employees as they wrestle with the fallout of the Boeing 737 MAX production halt, with some already doing so while others announce they will not.
Approval of the Boeing-Embraer tie-up by staff at Brazil’s Administrative Council for Economic Defense (CADE) leaves a European Commission (EC) sign-off as the deal’s last major regulatory hurdle.
Airbus has reached an “agreement in principle” with France’s financial prosecutor (Parquet National Financier or PNF), the UK Serious Fraud Office (SFO) and U.S. authorities, the company confirmed Jan. 28.
A European consortium of industry and academia will develop a road Map for furthering hybrid-electric propulsion for commercial aircraft under a project funded by the European Commission (EC).
