UPDATE – Tier 1 supplier Spirit AeroSystems has been hit hard by the latest quality issues on the Boeing 787. After recognizing a $46 million forward loss on the Dreamliner in Q2, the company expects to incur another $40-60 million…
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…
UPDATE – Thanks to a recovery that has exceeded the original expectations, United Airlines has fared better in the second quarter than it thought it would. On July 20, the carrier reported a Q2 net loss of $434 million compared…
UPDATE – flydubai reduces its Boeing MAX order by 65 aircraft to 188, the low-cost airline from Dubai has confirmed on July 13. The revision is included in Boeing’s latest figures of unfilled orders that were released on the same day.…
One swallow doesn’t make a summer, but if reports from Bloomberg on July 9 are correct, better days are coming again for the Boeing MAX in China. The news agency cites unnamed sources that the Chinese regulators are opening up…
Indian low-cost airline SpiceJet is in discussion with banks and financial institutions to raise some Rs 2.5 billion in fresh capital. It is also seeking shareholder approval for raising funding through the issue of eligible securities to qualified institutional buyers, the…