November 4, 2020

Pilots seek further changes to 737 MAX operating procedure for runaway stabilizer

Boeing had set November 2 as the date by which it wished to receive feedback from pilots regarding the revamped MCAS system, including the new procedure for a runaway stabilizer. Pilot consensus has been that the requirement to remember an eight-part procedure was too complicated and that a simpler design was required. Two fatal crashed …

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GA Telesis to remarket and sale four 747-400 aircraft for China Airlines

Aircraft & Engines

GA Telesis has been awarded a mandate from China Airlines, to remarket and sell four Boeing 747-400 aircraft. The remarketing mandate will be executed by GA Telesis’ Aircraft Transaction Group (ATG). The 747-400s (MSNs 33734, 33735, 33736 & 33737) are powered by General Electric CF6-80C2B1F engines and deliveries are expected in the first quarter of …

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Ryanair reports first-half loss of €197 million

Financial

Ryanair has reported a first-half 2020 loss of €197 million, compared to a profit of €1.15 billion in the first half of 2019. Revenue in the first half of 2020 fell by 78% to €1.18 billion as traffic fell 80% to 17.1 million. With almost zero first quarter traffic, the vast majority of first-half revenue …

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Collins Aerospace to upgrade U.S. Air Force F-15 fleet with ACES 5® ejection seats

Military & Defense

Collins Aerospace Systems has been awarded a sole-source US$700 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the delta qualification, production and fielding of a next-generation ejection seat for various Air Force aircraft. Work will be performed in Colorado Springs, Colorado, and is expected to be completed Oct. 22, 2030. The first delivery order focuses on outfitting the …

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IAG Cargo partners with IATA’s Net Rates platform to expand digital offering

Information Technology

The cargo division of International Airlines Group has partnered with IATA’s air cargo rates distribution platform, IATA Net Rates, to offer an additional platform which customers can use to do business with IAG Cargo. As the industry continues to progress digitally, IAG Cargo has significantly invested in developing its APIs, offering instant access to rates …

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Spirit AeroSystems posts third-quarter net loss of US$156 million

Financial

Spirit’s third quarter of 2020 revenue was US$806 million, down from the same period of 2019, primarily due to the significantly lower 737 MAX production resulting from the grounding of the program and the impacts of COVID-19. Deliveries decreased to 206 shipsets during the third quarter of 2020 compared to 437 shipsets in the same …

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