All articles by Jon Hemmerdinger – Page 81
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News
Spirit Q1 finances hammered by 737 Max grounding and pandemic
Spirit AeroSystems posted a $163 million first quarter loss and warned of an uncertain future as the impact of the coronavirus pandemic and ongoing Boeing 737 Max grounding hit hard.
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News
GE Aviation expands job cuts to 25% of global workforce
US engine maker GE Aviation is reducing its global workforce by some 13,000 employees as part of a plan to better align its business with reduced rates of commercial aircraft production.
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News
Spirit lays off another 1,450 staff due to airframer production cuts
Spirit AeroSystems will lay off more than 1,450 additional staffers in response to Boeing’s and Airbus’ plans to reduce commercial aircraft production rates.
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News
Second 777X test aircraft makes maiden flight
Boeing’s second 777-9 flight-test aircraft took to the skies for the first time on 30 April, departing Paine Field and landing nearly 3h later at Boeing Field in Seattle.
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News
Textron Aviation squeaks out Q1 profit as aircraft deliveries tumble
Textron Aviation’s first-quarter profit tumbled 97% year-on-year to $3 million due largely to an idle factory floor and sagging aircraft sales amid the coronavirus pandemic.
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News
GE Aviation’s profits slide in Q1 as engine sales tumble
GE Aviation’s commercial engine sales and orders tumbled in the first quarter of 2030, as did revenue and profit, as the coronavirus took a bite from the Ohio company’s business.
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News
Boeing CEO dismisses major new commercial product launches amid pandemic uncertainty
Boeing will not unveil a major new aircraft programme anytime soon, but will continue investing funds into updates to existing products and efforts to develop next-generation manufacturing and design processes.
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News
Boeing anticipates Q3 return of 737 Max
Boeing believes it will resume 737 Max deliveries in the third quarter of 2020, with chief executive David Calhoun saying the company is progressing well through certification work despite challenges posed by coronavirus.
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News
Boeing has time to review 787 production strategy in light of rate cuts: CEO
Boeing has no immediate plan to restructure its 787 manufacturing footprint despite announcing a major cut in production.
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News
Boeing to cut commercial aircraft staff by 15% and slash production as losses mount
Boeing is slashing its commercial aircraft workforce by more than 15% and cutting production rates in response to the coronavirus pandemic and ensuing cash crunch.
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News
Bombardier to resume manufacturing on 11 May
Bombardier intends to resume aerospace manufacturing on 11 May, ending what will have been a seven-week production halt due to the coronavirus pandemic.
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News
Southwest delays deliveries of 59 737 Max to post-2021
Southwest Airlines, among the world’s top Boeing 737 Max customers, has pushed back deliveries of 59 Max aircraft in response to the travel downturn caused by the coronavirus pandemic.
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News
Boeing to reopen 787 production site in South Carolina
Most Boeing employees at its South Carolina 787 production site will return to work on 3 May or 4 May, ending a temporary site shutdown that began on 8 April.
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Analysis
Why Embraer’s breakup with Boeing highlights its solo struggles
The collapse of the Boeing-Embraer joint venture leaves Embraer more vulnerable as a standalone company than Boeing, raising questions about the Brazilian airframer’s ability to compete long term against Airbus, say two analysts.
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News
Supersonic jet maker Aerion to build manufacturing site in Florida
Supersonic business jet company Aerion will manufacture its in-development AS2 transport aircraft at a new facility in the Florida city of Melbourne, in the heart of the state’s aerospace cluster.
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In depth
Why leasing market is shedding 737 Max orders
Recent cancellations of Boeing 737 Max orders likely reflect unique pricing pressures faced by aircraft lessors and could foretell additional Max cancellations.
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News
De Havilland sells up to 13 Dash 8-400 freighter conversion kits to Jazz
Canadian regional airline Jazz has agreed to purchase up to 13 freighter conversion kits for De Havilland Canada Dash 8-400 turboprops, enabling the airline to carry freight needed to combat coronavirus.
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News
Boeing revamps commercial aircraft management structure
Boeing is overhauling the management structure of its commercial aircraft division, creating a new supply chain oversight role and reviving a position with responsibility for all Boeing’s commercial aircraft programmes.
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News
Boeing to restructure, simplify corporate functions amid changing industry
Boeing is overhauling some of its management structure in an effort to streamline and integrate functions, improve cost efficiency and better prepare the company to succeed after the coronavirus pandemic.
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News
Air Canada to halt all US flights on 27 April
Air Canada will suspend all USA-Canada flights on 27 April, slashing its 11 remaining US routes due to an extension of travel restrictions between the nations.