Production hick-ups on the MAX assembly line due to supply chain issues are also affecting Spirit AeroSystems’ deliveries to Boeing. As part shortages result in production disruptions in Renton, Spirit’s inventory of MAX fuselages is stacking up. But it isn’t too...
Higher production volumes on the Boeing MAX program are the main driver behind better first-quarter results of Spirit AeroSystems. The Tier 1 supplier to Boeing, Airbus, and Bombardier reported thirty percent higher revenues and a 69 percent lower net loss on May 4....
Deliveries of 31 completed ATR turboprop aircraft compared to ten in 2020 have helped to reduce losses for its Italian shareholder Leonardo, but overall the company and Tier 1 supplier to Airbus and Boeing can look back at a difficult year for its commercial...
After reducing its workforce by some 8.000 in the past two Covid-years, Airbus will recruit 6.000 new staff this year again. The new roles will be worldwide across the group and are needed as the European airframer is seeing a strong recovery of the aviation industry....
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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