UPDATE – Boeing reiterates its delivery targets of 400 to 450 737s and MAX aircraft for this year, despite the latest quality issue with fittings of the vertical tail fin. Inspections and rework on aircraft in production and inventory “will impact the…
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The end of the year is nigh, and it is time to summarize where we are and where we are going as an industry. Here’s our viewpoint on the current situation and our forecast of where we are headed in…
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…
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…
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…