Executive Appointments & Leadership Moves News

Bloomberg • Mary Schlangenstein

JetBlue to cut flights and retire A320s as soft demand makes 2025 breakeven unlikely

JetBlue Airways plans to trim its network and ground aircraft, pause Classic A320 interior retrofits and retire four A320s as it seeks deeper cost cuts, warning in an internal memo that soft travel demand makes achieving a breakeven operating margin in 2025 unlikely.

2025-06-17T08:16:10.218674-07:00

Reuters

First Fatal Crash of Boeing 787 Dreamliner in India Escalates Safety Scrutiny

2025-06-12T03:15:40.384978-07:00

Bloomberg

Boeing and GE Pull Back From Paris Air Show After Deadly Air India 787 Crash

2025-06-12T17:55:19.604379-07:00

Politico

White House Withdraws Jared Isaacman’s NASA Nomination, Citing America First Alignment

2025-05-31T12:18:00.705047-07:00

Executive Appointments & Leadership Moves News Timeline

satnews

Eutelsat CEO Rejects Financial Distress Claims, Flags €3.5 B Funding Gap for IRIS2 At the Paris Air Show, Eutelsat CEO Jean-François Fallacher rejected reports of financial distress at the satellite operator, clarifying that while Eutelsat faces a €1.5 billion financing requirement, its EU IRIS2 commitment will add roughly €2 billion to its capital needs.

2025-06-17T18:40:12.512223-07:00

Eutelsat CEO Rejects Financial Distress Claims, Flags €3.5 B Funding Gap for IRIS2

DefenseNews.com

Leonardo proposes unmanned M-346 trainers as GCAP loyal wingmen Leonardo’s CEO says the company could adapt its M-346 jet trainer into an unmanned loyal wingman for the Global Combat Air Programme, offering partner nations a low-risk drone solution while the main fighter development remains the focus for the next five years.

2025-06-17T10:30:40.468519-07:00

Leonardo proposes unmanned M-346 trainers as GCAP loyal wingmen

FlightGlobal

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Leonardo Seeks JV to Rescue Aerostructures Unit, Forge Industrial Champion Leonardo is closing in on a decision to set up an international joint venture for its underperforming aerostructures division. The move aims to pool partner resources, streamline production and establish a consolidated industrial champion in aerostructure manufacturing.

2025-06-17T09:10:48.289303-07:00

Leonardo Seeks JV to Rescue Aerostructures Unit, Forge Industrial Champion

Bloomberg

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JetBlue to cut flights and retire A320s as soft demand makes 2025 breakeven unlikely JetBlue Airways plans to trim its network and ground aircraft, pause Classic A320 interior retrofits and retire four A320s as it seeks deeper cost cuts, warning in an internal memo that soft travel demand makes achieving a breakeven operating margin in 2025 unlikely.

2025-06-17T08:16:10.218674-07:00

JetBlue to cut flights and retire A320s as soft demand makes 2025 breakeven unlikely

Seeking Alpha

Lockheed Martin names AI expert Craig Martell as CTO to accelerate aerospace and defense innovation Lockheed Martin has appointed Dr. Craig Martell as vice president and chief technology officer, reporting to a senior vice president. Martell’s background in AI integration and tech leadership positions him to spearhead the incorporation of advanced AI and digital tools across the company’s defense and aerospace programs to boost innovation.

2025-06-16T18:55:06.921359-07:00

Lockheed Martin names AI expert Craig Martell as CTO to accelerate aerospace and defense innovation

The Business Journals

NIAR and Hexcel open Advanced Composites Research Center in Wichita Wichita State University's National Institute for Aviation Research and Hexcel have opened a new Advanced Composites Research Center in Wichita to develop next-generation aerospace composite materials for manufacturing. The facility will support industry partnerships, accelerate prototyping of lightweight structures and strengthen domestic aircraft production capabilities.

2025-06-16T13:06:09.334739-07:00

NIAR and Hexcel open Advanced Composites Research Center in Wichita

CNBC

StandardAero CEO: Engine Maintenance Demand Soars on Post-Covid Fleet Recovery StandardAero CEO Russell Ford says a rebound in global flight hours and aging narrow-body fleets have fuelled record engine maintenance volumes, while digital upgrades and supply-chain pressure shape the aftermarket’s post-Covid evolution. He also outlines ongoing capacity constraints, talent shortages and margin headwinds.

2025-06-16T08:16:51.593149-07:00

StandardAero CEO: Engine Maintenance Demand Soars on Post-Covid Fleet Recovery

Reuters

Airbus taps Canada chief Benoit Schultz as global Chief Procurement Officer from October 1 Airbus has appointed Benoit Schultz, head of its Canadian operation overseeing the A220 program, as Chief Procurement Officer effective October 1. Schultz will lead the OEM’s global supply chain strategy amid rising production rates and ongoing parts shortages.

2025-06-13T12:24:00.969371-07:00

Airbus taps Canada chief Benoit Schultz as global Chief Procurement Officer from October 1

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Hype's Leadership section provides a curated selection of news and in-depth analysis on the trailblazers and decision-makers in the aviation, defense, and space industries. This collection includes detailed coverage of leadership changes, executive appointments, and the strategic directions set by the industry's top figures, offering a clear view of the personalities driving aerospace innovation and corporate dynamics.