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SMBC acquires Goshawk to become second-largest lessor

SMBC acquires Goshawk to become second-largest lessor

by Richard Schuurman | May 16, 2022 | Aerospace, Lessors | 0 comments

Another interesting consolidation is happening in the leasing world: SMBC Aviation Capital is acquiring Goshawk Aviation. Japanese-owned SMBC is paying $6.7 billion for its former competitor from Hong Kong and will become the second-largest lessor in the world, behind...
‘Boeing is on the verge of turning the corner on its troubles’

‘Boeing is on the verge of turning the corner on its troubles’

by Richard Schuurman | May 12, 2022 | Boeing | 0 comments

Boeing is “on the verge” of turning the corner on most of its (self-inflicted) problems that have disrupted the OEMs business over the past three years. “While we know we have got more work to do, I would say that the feeling is confident”, Brian West, Chief Financial...
Mitsubishi’s FY22 fortunes depend on Boeing

Mitsubishi’s FY22 fortunes depend on Boeing

by Richard Schuurman | May 12, 2022 | Aerospace, Mitsubishi | 0 comments

The results this year of the Aero Structures business of Mitsubishi Heavy Industries (MHI) will depend entirely on the production rates of the OEMs, in this case mainly Boeing. While order intake and revenues of the CRJ regional jet program are expected to grow...
Lufthansa considers options to substitute delayed Boeing 777-9s

Lufthansa considers options to substitute delayed Boeing 777-9s

by Richard Schuurman | May 5, 2022 | Airlines, Boeing | 0 comments

Lufthansa is in discussion with Boeing on how to bridge the gap in capacity, now that delivery of the first 777-9 has been delayed to 2025. The German airline looks at various options, including the sourcing of more new 787s or used aircraft that are available on the...
Higher MAX volumes benefit Spirit AeroSystems in Q1

Higher MAX volumes benefit Spirit AeroSystems in Q1

by Richard Schuurman | May 4, 2022 | Aerospace | 0 comments

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....
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