Northrop Grumman Raises Revenue Outlook as Q3 Earnings Exceed Predictions
Northrop Grumman, a major aerospace and defense technology firm, disclosed on Thursday Oct. 26 an upward revision of its 2023… Read More »
Boeing’s Defense Unit Faces Challenges Amid Growing Costs
Boeing’s defense division is facing headwinds due to high manufacturing costs, supplier errors, and fixed-price contracts that increase its risk… Read More »
Boeing Revises 737 Max Delivery Forecast Owing to Production Snags
Boeing revealed a downward adjustment in its 737 Max delivery projection for the year, attributing this revision to persistent production… Read More »
Boeing Reports Massive Loss on New Air Force One Presidential Jets
Boeing’s defense division is facing headwinds due to high manufacturing costs, supplier errors, and fixed-price contracts that increase its risk… Read More »
Spirit Airlines Grounds 25 A320 Family Aircraft for Inspections
Spirit Airlines (NK), the US-based low-cost carrier, has temporarily grounded 25 Airbus A320 Family aircraft to conduct inspections, citing an… Read More »
Lockheed Martin Exits U.S. Air Force Tanker Bid, Boosting Boeing’s KC-46 Program
Lockheed Martin, a leading defense contractor, has decided to bow out of the U.S. Air Force’s competition to produce at… Read More »
Wisk Aero Successfully Conducts Public Demonstrations of Electric VTOL Aircraft in Los Angeles County
Wisk Aero, a pioneering company in the electric vertical takeoff and landing (eVTOL) aircraft industry, has achieved a significant milestone… Read More »
SpiceJet and Engine Lease Finance BV Reach $2 Million Interim Settlement
SpiceJet, the Indian low-cost carrier, has entered into an interim settlement with Engine Lease Finance BV, resolving a legal dispute… Read More »
Textron Aviation Partners with Hahn Air for Launch of New Citation CJ3 Gen2
Textron Aviation, a leading general aviation manufacturer, has announced a strategic partnership with Hahn Air to serve as the launch… Read More »
Boeing 787 vs. Airbus A350: Which Widebody Reigns Supreme?
The aviation world has been buzzing about two iconic widebodies this century: the Boeing 787 and Airbus A350. These cutting-edge… Read More »
KLM Plans Further Boeing 787 Dreamliner Orders to Refresh Aging Boeing 777 and Airbus A330 Fleet
KLM, the flagship airline of the Netherlands and integral part of the Air France-KLM group, is set to bolster its… Read More »
Boeing and ASTRO America Revolutionize Apache Helicopter Manufacturing with 3D Printing
Boeing, in partnership with ASTRO America, has embarked on a transformative journey to integrate 3D printing into the manufacturing of… Read More »
Boeing Announces $100 Million Investment in Spirit AeroSystems to Bolster Supply Chain
Boeing, the global aerospace giant, has revealed plans to invest $100 million in Spirit AeroSystems, one of its principal suppliers…. Read More »
Boeing and Airbus at a Crossroads with New Single-Aisle Jet Designs
As the race to dominate the single-aisle jet market intensifies, Boeing and Airbus are at a pivotal crossroad. The successors… Read More »
Airbus Gears Up for the Next Evolution in Narrowbody Aircraft, the Successor to the A320 in 2030s
Airbus, the titan of European aerospace, is set to embark on an ambitious journey, aiming to introduce a revolutionary narrowbody… Read More »
Boeing: From Golden Era to the 737 Max Crisis
In October 1948, inside a suite at the Van Cleve Hotel in Dayton, Ohio, a group of Boeing’s top engineers… Read More »
Business Jet Market Poised for Significant Growth, Jetnet iQ Predicts
The global business jet market is poised for a notable recovery and expansion over the next decade, as per a… Read More »
Rolls-Royce Sets Ambitious Goal for Net-Zero Carbon Emissions by 2050
Leading British engineering conglomerate, Rolls-Royce, which specializes in manufacturing jet engines, nuclear reactors, and power systems, has declared its intent… Read More »
Volaris Adjusts Guidance for 2023 Amidst Pratt & Whitney Engine Issues
Mexican low-cost carrier Volaris (Y4) has revised its capacity and financial guidance for the remainder of 2023 due to challenges… Read More »
CDB Aviation Secures $194 Million Payout from Russian Insurer for Aeroflot Aircraft Settlement
In a significant development, CDB Aviation has successfully received a substantial payout of CNY1.42 billion yuan (USD194 million) from the… Read More »
Business Jet Market to Grow by 8,500 Units by 2031, According to Honeywell
Honeywell Aerospace has released its business aviation forecast, projecting robust demand in the coming decade. The forecast anticipates the delivery… Read More »
Lessor Willis Lease Finance Asserts Right to Pursue SpiceJet Over Unpaid Leases
Willis Lease Finance has stated that it is entitled to pursue SpiceJet for unpaid aircraft leases, defending its position before… Read More »