Ahead of tomorrow’s investor day, GE’s aerospace unit reinforced its 2024 financial targets while authorizing up to $15 billion in share repurchases. This is part of a plan to return 70% to 75% of cash to shareholders. GE Aerospace’s revenues…
Much like the FAA’s proposed airworthiness directive for the 737 MAX from last month, the FAA is also likely to mandate action on another engine de-icing system problem with the Boeing 787 Dreamliner. After releasing a scathing report from the…
Boeing announced Ed Clark, Vice President of the 737 MAX program and general manager of the Renton facility, will step down. The separation marks the first executive change following the fuselage door panel blow-out at Alaska Airlines. Boeing also announced…
The FAA issued a proposed Airworthiness Directive for the beleaguered 737 MAX program today, not the type of Valentine’s day message Boeing or their customers like to receive. The problem identified was prompted by a Boeing review of the standby…
One of the elements likely to be a fallout from the recent MAX 9 depressurization will be the speed at which Boeing can bring down its finished aircraft inventory and generate cash flow by delivering them to airlines. As of…
More information is coming out about the MAX 9 event on flight AS1282. Here’s our earlier coverage on this (1 ,2,3,4). Here’s a list of MAX 9 operators. There is some debate about the fleet size; we have seen 171…