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Aerion’s demise is a major reality check

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The announcement from Aerion that it folding its supersonic business jet program is significant. Aerion’s demise is a major reality check for the industry. Despite backing from numerous key industrial partners, a supposed ten billion dollar order book, final design verification…

Spirit AeroSystems prepares for ramp-up

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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…