Deliveries of Pratt & Whitney Geared Turbofan (GTF) engines for the Airbus A320neo family alone should reach 1.000 per year in 2024 and even 1.200 to 1.300 engines from 2027 through 2030. Until the end of this decade, over 10.000 GTF engines will need to be...
Tier-1 supplier Spirit AeroSystems is to initiate a cost reduction program to reduce structural costs and improve profitability and cash flow in 2023. It says it needs to as production rates of the Boeing 737/MAX remain around 31 per month, Spirit said in its Q3...
Boeing intends to significantly ramp up the production rates of all its commercial aircraft projects in 2025-2026 and intends to strengthen its financial position. Boeing shared its plans today during its Investors Conference in Renton. Boeing wants to get back to 800...
Airbus’s third quarter results are best summarized as beating Boeing. The two key members of the commercial aviation duopoly continue to account for almost all (>90%) commercial aircraft in service. Post announcing their results, Boeing’s share price...
Yesterday Boeing announced its quarterly earnings. Reaction to the news was mixed, but overall it was a downer. What we find most interesting is Boeing’s MAX delivery target. Boeing lowered its MAX delivery target twice this year. The first target was 500, now...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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