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…
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Boeing’s MAX faces challenges again. The program is a cause of ongoing concern to both the OEM and its lessor and airline customers. The 737 remains the most successful jet program and has built a strong following. The 737 has…
The FAA has shed more light on the electrical issues of the MAX. The regulator released an Airworthiness Directive (AD) on April 30, which specifies the extent of the problems in the cockpit area of the Boeing. In a Continued Airworthiness…
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…