Textron Aviation unveiled three new business jets this week prior to the NBAA convention. The three models, the Citation M2 Gen3, CJ3 Gen3, and CJ4 Gen3 will update Cessna’s light business jet family. The CJ4 Gen3 will enter service in…
Spirit and Frontier have resumed merger talks. Prior to JetBlue outbidding Frontier for Spirit, Spirit and Frontier had a plan to merge. Unfortunately, regulators did not approve that proposed merger, and the carrier is back to square one, albeit now in financial…
Today’s key news is the rejection of the latest offer between Boeing and the IAM, meaning the strike continues. The vote this time was much closer, with 64% rejecting the deal, versus 95% on the earlier contract. The two key…
The results of the union vote are in, and the rank and file have rejected Boeing’s latest offer by a 64% negative vote. This rejection means that the strike will continue and likely result in continued federal mediation between Boeing…
Boeing CEO Kelly Ortberg outlined his strategy in advance of the company’s third-quarter earnings call, and most analysts felt that he did not underestimate the tasks ahead and recognized the turnaround will require a long-term strategy and cultural change. This…
CFM faces the same pressures as other engine OEMs – too few resources . But there’s an additional item: protecting its brand and parts. Fake parts were a huge problem last year. GE Aerospace and SAFRAN, the partners in CFM,…