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Airbus posts higher first quarter profits
Airbus posts higher first quarter profits

New Straits Times

time01-05-2025

  • Business
  • New Straits Times

Airbus posts higher first quarter profits

AMSTERDAM: The European aviation company, Airbus, said on Wednesday that its first quarter net income rose to €793 million (US$899 million) or €1.01 per share, up from €595 million or €0.76 per share last year, the German news agency (dpa) reported. Adjusted Earnings Before Interest and Taxes or EBIT rose by 8 per cent to €624 million from €577 million last year. Reported EBIT dropped by 22 per cent to €473 million from €609 million. Consolidated revenues for the first quarter rose 6 per cent to €13.542 billion from €12.83 billion last year. A total of 136 commercial aircraft were delivered compared to 142 aircraft in the prior year. The deliveries comprise of 17 A220s, 106 A320 Family, four A330s and nine A350s. -- BERNAMA-dpa

Fears for 2,000 staff as historic Belfast aviation factory as Airbus signs deal with Boeing
Fears for 2,000 staff as historic Belfast aviation factory as Airbus signs deal with Boeing

Daily Mail​

time28-04-2025

  • Business
  • Daily Mail​

Fears for 2,000 staff as historic Belfast aviation factory as Airbus signs deal with Boeing

Thousands of jobs are in limbo after Airbus signed a deal to buy part of a historic Belfast aviation firm. The deal will see up to 1,500 jobs transfer from US owner Spirit AeroSystems to Airbus. But another 2,000 staff face an uncertain future as part of the business remains up for sale. It is the latest chapter in the saga of the Shorts plant which first opened in Belfast in 1936 but has gone through the hands of various owners in recent years. Trade union Unite called on the Government to intervene to secure jobs as well as the future of Northern Ireland's aerospace industry. And Alan Perry, senior organiser at the GMB union, said: 'We will fight tooth and nail to protect and maintain jobs for future generations.' The deal is part of a carve-up of Spirit, a major supplier to the global aviation industry, between America's Boeing and Europe's Airbus. Airbus is buying Spirit plants in the US, France and Morocco as well as Northern Ireland, and the Prestwick plant in Scotland. The Prestwick factory, which employs 1,100 staff, also faces uncertainty as Airbus said it would 'assess the long-term strategy for the site'. Spirit bought the Shorts business in Belfast five years ago from Canada's Bombardier. It employs around 3,500 people. Around 1,000 are involved in wing manufacturing and assembly for the Airbus A220 aircraft while 500 work building fuselages for A220s. Those jobs are expected to transfer to Airbus, though a final consultation will arrive at the final total. Spirit said it expected 1,200 jobs to transfer, implying some of those jobs may be lost. The non-Airbus part of the Belfast site, employing 2,000 people, remains up for sale. If no buyer is found, the jobs would transfer to Boeing. Unite's general secretary Sharon Graham said: 'Hundreds of highly skilled Spirit workers are facing an uncertain future. 'The Government must now intervene to secure not just the workers but the future of Northern Ireland aerospace.' Unions and workforce representatives will travel to Westminster tomorrow to make their case to MPs and ministers. Industry minister Sarah Jones said: 'We know this will be a concerning time for Spirit workers and their families who may be affected.'

Breeze Airways responds to FAA corrosion concerns on Airbus A220 aircraft
Breeze Airways responds to FAA corrosion concerns on Airbus A220 aircraft

Yahoo

time13-03-2025

  • Yahoo

Breeze Airways responds to FAA corrosion concerns on Airbus A220 aircraft

VERO BEACH — Breeze Airways flights at Vero Beach Regional Airport will be unaffected by the corrosion issues discovered on Airbus A220 passenger jets. The Federal Aviation Administration announced that inspections had found corrosion on seat fittings and wing-to-body fairings on a number of A220s. Fairings are non-structural aircraft components meant to minimize drag where the wing and body meet. Breeze is aware of the issues, but does not anticipate grounding flights, according to Communications Specialist Ryne Williams. However, the Utah-based airline is proactively checking its fleet of 34 A220s, and monitoring FAA updates. The A220 is Breeze's most utilized aircraft. More: Indian River County identifies first nine properties it wants to buy as conservation lands More: Customs facility at Vero Beach Airport set to open soon; could boost local economy 30% If corrosion was found, the FAA instructed all A220 operators to address the issue. It also stated that the corrosion does not affect airworthiness or safety. From Vero Beach, Breeze flies to Hartford, Connecticut; Islip, New York; Newburgh, New York; New Haven, Connecticut; Providence, Rhode Island; Washington, D.C., which continues to Ogdensburg, New York; and White Plains, New York. Nick Slater is TCPalm's Indian River County Watchdog reporter. You can reach him at and 224-830-2875. This article originally appeared on Treasure Coast Newspapers: Breeze Airways does not expect issues with corrosion on Airbus A220

Breeze Airways 'proactively' checking after FAA inspection finds corrosion on A220 planes
Breeze Airways 'proactively' checking after FAA inspection finds corrosion on A220 planes

Yahoo

time12-03-2025

  • Yahoo

Breeze Airways 'proactively' checking after FAA inspection finds corrosion on A220 planes

VERO BEACH — Breeze Airways is proactively checking its fleet of Airbus A220 jets for corrosion after the Federal Aviation Administration found corrosion in certain areas of the aircraft. Corrosion was detected on seat fittings and wing-to-body fairings, on the A220s, according to CBS News. Fairings are non-structural aircraft components meant to minimize drag where the wing and body meet. Breeze operates 34 A220 jets in its fleet. "We are aware that some areas of the A220 have experienced corrosion and are proactively taking measures to mitigate these concerns," Breeze Airways Communications Specialist Ryne Williams said Wednesday. "The safety of our guests is our first priority, which is why Breeze performs regular maintenance inspections on all of its aircraft to ensure airworthiness." Breeze expects the inspections to have no impact on flights at Vero Beach Regional Airport, Williams said. The Federal Aviation Administration also confirmed in a statement to CBS that it was aware of the problem, and instructing airlines to address corrosion when found. "The A220 fleet's airworthiness remains intact," an FAA spokeswoman told CBS. Neither the FAA nor Airbus responded to requests for information from TCPalm. More: Southwest ditches two free checked bag policy. What is Breeze Airways baggage policy? More: Customs facility at Vero Beach Airport set to open soon; could boost local economy 30% From Vero Beach, Breeze flies to Hartford, Connecticut; Islip, New York; Newburgh, New York; New Haven, Connecticut; Providence, Rhode Island; Washington, D.C., which continues to Ogdensburg, New York; and White Plains, New York. Founded in 2018, the airline is based in Cottonwood Heights, Utah, and flies to 62 destinations Nick Slater is TCPalm's Indian River County Watchdog reporter. You can reach him at and 224-830-2875. This article originally appeared on Treasure Coast Newspapers: Airbus A220 corrosion issues not expected to ground Breeze Airways

Airbus investigating corrosion issues on some of its A220 passenger jets
Airbus investigating corrosion issues on some of its A220 passenger jets

CBS News

time11-03-2025

  • Automotive
  • CBS News

Airbus investigating corrosion issues on some of its A220 passenger jets

Airbus is investigating corrosion issues on some of its A220 passenger jets. The issue has been found on what the manufacturer calls a "limited population" of A220s, including some operated by U.S. airlines. The manufacturer and two airlines said the issue does not constitute an immediate safety issue. "Regular maintenance checks are scheduled to ensure it is captured early and the right corrective actions are put in place in a timely manner to mitigate the situation," an Airbus spokeswoman told CBS News in a statement. "The A220 fleet's airworthiness remains intact." Sources familiar with the problem said the corrosion has been found on some passenger seat fittings and certain wing components, including what's known as the wing-to-body fairing, which is designed to minimize drag where the wing and body of the plane meet. It essentially acts as an aerodynamic cover over that junction and is not structural in nature. "The FAA is aware of the issue and is ensuring airlines address it," an agency spokesman confirmed to CBS News in a brief statement. Delta Air Lines, the world's largest A220 operator, told CBS News it has observed the issue with some passenger seat fittings that require additional inspection and lubrication. The Atlanta-based carrier said the issue is not impacting scheduled A220 flights and has not resulted in cancellations. "Delta has a sophisticated aircraft maintenance apparatus that is always-on and has many layers to ensure that every aircraft in our fleet is safe to fly by meeting or exceeding standards governed by our regulators," a company spokesman told CBS News. "There is broad consensus by our technical experts that these issues aren't surprising especially for a new, clean-sheet aircraft and pose no major concerns." The airline said while it is aware some A220 carriers may be finding corrosion in the wing-to-body fairing structure, so far Delta mechanics have not found it on their fleet. JetBlue and Breeze Airways also fly dozens of A220s along with a host of international carriers, including Air Canada, Air France and Swiss Air. "We are aware that some areas of the A220 have experienced corrosion and are proactively taking measures to mitigate these concerns," a Breeze spokesman told CBS News. "The safety of our Guests is our first priority, which is why Breeze performs regular maintenance inspections on all of its aircraft to ensure airworthiness." CBS News has made repeated requests for comment from JetBlue. The A220 was subject to a 2021 airworthiness directive to address corrosion and wear in wing components known as slat tracks that were likely caused by insufficient grease being applied to the component during production. The directive called for additional inspections to monitor the amount of grease applied to the slat tracks. Sources told CBS News the new issues go beyond the focus of that 2021 order from Transport Canada. The plane was originally developed by Bombardier as the C-series before being sold to Airbus due to financial headwinds facing Bombardier. The plane is built in Quebec and Mobile, Alabama. The A220 seats between 100 and 150 passengers with five-seat rows. It's seen as a replacement for larger regional jets like the Embraer 190 and aging Boeing 717 jets. Because the plane was developed in Canada, it was initially certified by regulators there. The FAA and European Union Aviation Safety Agency validated the certification but would not typically be the lead agency on an issue like this.

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