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…
Here’s our monthly update on global aircraft transactions. Subscribers will have access to the 8-page version shortly. Views: 13
We’ve just returned from EAA AirVenture 2021, and the show, as always, was an interesting trip around all things aviation. Most importantly, it was a great opportunity to see old friends in person, and not on Zoom – but in…
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…
Boeing’s first Sustainability Report confirms the OEM’s cautious approach to the use of hydrogen to power the next generation of commercial airliners. Whereas Airbus has set a goal to deliver its first hydrogen airliner by 2035, Boeing takes a somewhat lukewarm stance…
Aeromexico had a US$138 million net loss during 2021’s second quarter, according to the latest financial report published by the airline. While Aeromexico’s financial performance is improving, there’s still a long way to go before it can reach profitability again. …