Persistent supply chain issues with raw materials, forgings, and castings are to blame for the lower production of CFM LEAP engines this year. Instead of delivering 50 percent more LEAPs or 1.700 in total, the GE Aerospace and Safran joint…
UPDATE – Lufthansa is closing in on an order for some eighty narrowbody aircraft. Half of them will be for City Airlines, the new subsidiary that Lufthansa is establishing as a new feeder airline for its European operations. City Airlines…
Pratt & Whitney-parent RTX expects that the powder metal contamination issue of the Geared Turbofan will have no significant operational or financial impact on PW1500G and PW1900G engines. Although there will be some limits on flight cycles, inspections and replacement of…
UPDATE – GE Aerospace benefitted from strong demand for new commercial engines and services, reporting a 25-percent growth of revenues to $8.4 billion in Q3. For the year-to-date, revenues are up by even 26 percent to $23.3 billion, General Electric…
Airbus CEO Guillaume Faury and his Boeing counterpart David Calhoun are known for their optimism and realism. These treats might have been most helpful when they studied the Q3 deliveries in the past few days. Both will have acknowledged that their…
This is a sector to consider if you are looking for a challenging workplace. This chart tells us that business is pretty good. Load factors are back where they used to be pre-pandemic. The 2023 number is for the half…