Dassault announced today that the Falcon 6X has completed its first flight, which was scheduled for the first quarter of 2021. The maiden flight lasted 2 hours and 45 minutes, with the aircraft reaching FL400 and a speed of Mach…
Boeing has fallen behind Airbus in narrow-body market share, which was already dropping before the MAX grounding. Airbus now holds a 65%-35% lead in narrow-body backlog, a position that is worrisome to Boeing management and its shareholders. The strategic options…
Reports this weekend indicate that GE may merge its aircraft leasing unit with AerCap, as GE continues its corporate restructuring. That would create an extremely large and powerful aircraft lessor, but GE’s aircraft engine operations might lose the benefit of…
News Boeing issued its 2020 annual report and financial results today. As expected, they are not pleasant. Because of the twin crises of the MAX and the pandemic, 2018 represents the last “normal” baseline year for Boeing , as shown…
The recent un-contained engine failure on an aging United Boeing 777-200 raised the question of whether this airplane was simply too old, as it appears that an engine blade sheared, potentially from metal fatigue. While it is not often that…
Bombardier provided forward-looking financial guidance to investors earlier today, and the company is planning a turnaround in its fiscal health by 2025. Revenues are projected to grow from $5.6B in 2020 to $7.5B in 2025, with an EBITDA of $1.5B…