In a Goliath vs. David move, Boeing file a trade complaint against Bombardier through the Department of Commerce and The United States International Trade Commission. This administrative process, which has already disrupted US-Canada trade with a 20% tariff on soft…
Vietjet announced it is embarking on a Five-year Plan to enable sustainable growth beginning 2017. The ambitious plan was announced at the Annual Shareholders’ Meeting of the Vietjet Aviation Joint Stock Company in Ho Chi Minh City. The program, focusing…
The big two OEMs are facing an interesting situation. Wide-body demand is down for several models, causing production cutbacks, while narrow-body backlog is at record levels. The result is that the OEMs are relying on narrow-body sales for cash flow…
As we approach the end of the year, it is time to look ahead to the new year, and what we will likely see next year. Our fearless forecast follows: Views: 51
Boeing confirmed that the announced production cut in the 777 line from 8.3 per month to five per month will begin in August, 2017, and then drop to 3.5 per month in 2018. The company had earlier announced a production…
The Boeing-Iran Deal Boeing and Iran have finalized the terms of a transaction for 80 aircraft with a list price of $16.6 billion. The transaction includes 50 737s and 30 777s to be delivered from 2018 to 2028. But just…