GE Aerospace raised its full year profit forecasts today, despite lowering production expectations for its popular LEAP engine as Boeing’s difficulties will dampen deliveries in 2024. The company now expects a full year 2024 operating profit between $6.2 and $6.6 billion,…
JetBlue reported a new loss of $716 million in the first quarter of 2024, compared to a loss of $192 million in 2023. Passenger revenues were down 5.8% at $2.05 billion compared with $2.18 billion in 2023. Operating revenues decreased…
Today’s key stories focus on slower production for Boeing, including articles on the 737 MAX production remaining very low, and the 787 because of parts shortages. This is despite a good April for the 787, which reached its rate 5…
Today’s key stories about Boeing focus on new scrutiny and limbo for MAX crash victims. An Illinois judge accepted a third try to allege fraud. The impacts of Boeing’s problem are also prominent, including the airlines’ candid comments on Boeing’s…
Today’s key stories regarding Boeing include a discussion of whistleblowers, now 32 over the last three years. Boeing’s relationship with the NTSB and FAA is also under scrutiny after Congressional hearings earlier in the week. Other stories focus on Boeing’s…