The government bailouts for airlines and aerospace manufacturers in the United States will come with some strings, including the potential for some equity ownership by the government in exchange for their financial support. This seems like a reasonable proposal, given…
Yesterday Reuters reported that Boeing plans a May restart on MAX production. This planning is despite the fact that the Renton plant is closed because of Covid-19 at least until March 25. Even if the Renton plant reopens by the end…
Boeing today announced that it is shutting production at its Puget Sound facilities after the death of an employee from the coronavirus. Two weeks ago, on March 6th, we called for Boeing to shut down its Everett facilities after an…
Airbus has strengthened its cash position by securing a new credit facility of EUR 15 billion, the airframer reported on March 23. Together with existing facilities the company has now EUR 30 billion in cash available, which it thinks is…
The worldwide Covid-19 crisis will have a profound and lasting effect on the future of the airline industry. Most likely the sector will shrink and leave space for only much smaller airline groups, Lufthansa CEO Carsten Spohr has warned on…
In 2018 the USAF began looking at a re-engine program (again) for the Boeing B52H, named “Commercial Engine Re-engining Program (CERP)”. It is aimed at updating the current Pratt & Whitney TF33 engines with a commercial off-the-shelf engine. The original…