UPDATE – In between the tiniest of tiny profits of $6 million for Boeing Group, the Commercial Airplanes division continues to produce red results. Boeing Commercial Airplanes reported a $1.328 billion HY1-loss and a Q2-loss of $472 million as production…
Today we will be looking at LATAM’s fleet plan. The South American airline has been actively reducing the size of its fleet but also has restarted the reconfiguration project of its narrowbody planes. At the end of 2019, LATAM had…
UPDATE – The FAA has identified another manufacturing quality issue on the Dreamliner. The Boeing 787 has a new nose issue in the pressure bulkhead area. It has been found in undelivered Dreamliners during inspections, the regulatory agency confirmed on…
Boeing CEO David Calhoun is careful with rate increases. He isn’t willing to announce increases that go too far into the future. A wrong signal to suppliers might backfire on Boeing if predicted numbers fall short, Calhoun said on June 3…
Lower production rates at Boeing and Airbus combined with quality issues on the 787 Dreamliners have forced tier-1 aerostructure supplier Spirit Aerosystems to make a $72.4 million pretax forward charge. The loss is caused by the 787 and A350 rates and…
On two occasions, on January 27 and again today on April 28, Boeing’s Chief Financial Officer Greg Smith warned analysts of the need of taking a reach-forward loss on the 787. But even now, with Dreamliner production being hampered by…