Clicky

Ernest Arvai

Ernest Arvai

President AirInsight Group LLC

Boeing to cut 5% of Commercial Aircraft Workforce

Boeing

Boeing Commercial Airplanes head Stephanie Pope announced that the business unit will cut 5% of its workforce by year-end. The reduction in force will combine layoffs and attrition, as detailed in an email to employees. About 50,500 employees work in…

Bombardier Reports Strong Third Quarter and Outlook

Bombardier

Canadian business aircraft manufacturer Bombardier reported a strong third quarter. The company generated $2.37 billion in revenue and delivered 33 aircraft . The company raised its full-year free cash flow forecast to more than $1.3 billion. The services segment generated…

Avolon Firms Order for 140 737 MAX 10

Avalon

Irish aircraft lessor Avolon has firmed an order with Boeing for 140 737 MAX 10 aircraft. The firming comes two weeks after the FAA certified the MAX 10, enabling customer deliveries. This is the largest 737 MAX order from a…