Airbus today formally reduced its earnings and aircraft-delivery goals for the year due to continuing supply-chain issues. Delivery forecasts were cut from 800 to 770 aircraft this year. CEO Guillaume Faury indicated that the supply-chain situation was not getting better,…
Unifor, the Canadian labor union, announced that no deal had been reached in negotiations with Bombardier by a Saturday deadline, and that 1,350 employees at the Toronto Pearson facility building Global series aircraft are on strike.
Today’s key stories are speculative about whether the DOJ will criminally charge Boeing in the wake of the 737 MAX crashes and violation of a deferred prosecution agreement with the January 5th door panel blowout incident. The first reports suggested…
Today’s key stories focus on strategic priorities for Boeing, which is now facing increasing financial difficulties. An article in flight global speaks about why timing matters to the big 2 aircraft OEMs for narrow-body replacements, while Jon Ostrower reports that…
Today’s key stories about Boeing focused on the aftermath of David Calhoun’s Senate committee testimony. Boeing’s CEO came away from the session with a significant verbal beating, with criticism from customers to legislators to whistleblowers. Perhaps the most damaging element…
Today’s key stories about Boeing focus on the senate hearings with a new whistleblower and CEO Dave Calhoun. an IP lawsuit, the CEO search, and fake titanium. Calhoun appeared before the Senate hearings and apologized to the families of MAX…