Supply chain challenges force Airbus to delay its ramp-up plans for the A320neo family by some six months. Instead of increasing the rate to 65 aircraft per month from the summer of 2023, the airframer will now take this step in early 2024, it said on July 27 in its...
Higher production volumes on the Boeing MAX program are the main driver behind better first-quarter results of Spirit AeroSystems. The Tier 1 supplier to Boeing, Airbus, and Bombardier reported thirty percent higher revenues and a 69 percent lower net loss on May 4....
Lessor Nordic Aviation Capital (NAC) expects to exit Chapter 11 bankruptcy protection before the end of May following the approval of its restructuring plan by the Eastern District of Virginia Bankruptcy Court. NAC said on April 19 that it had received “overwhelming...
Deliveries of 31 completed ATR turboprop aircraft compared to ten in 2020 have helped to reduce losses for its Italian shareholder Leonardo, but overall the company and Tier 1 supplier to Airbus and Boeing can look back at a difficult year for its commercial...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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