Today’s key Boeing news items focus on what happens after the IAM strike, and what is next as the company’s turnaround efforts continue. The company had to make concessions to end the strike, and tallying up the contract changes underscores…
Large engine flying hours of Rolls-Royce turbo engines have further increased to 65 percent of 2019 levels in the third quarter, up from sixty percent by the end of June. They are now on average at 62 percent for the year…
UPDATE – Despite improving its margins, Boeing Commercial Airplanes continues to be loss-making in HY1 and Q2. Revenues were higher thanks to more MAX deliveries, but the continued delivery pause of the 787 continues to affect income and cash flow.…
UPDATE – Boeing has taken a pre-tax non-cash charge of $3.460 billion on the 787 program as deliveries remain suspended over quality issues. Abnormal costs for the Dreamliner increased by $285 million in Q4 and total approximately $2.0 billion, with…