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…
A sharp reduction in deliveries of 787 structures to Boeing is the major reason behind the lower revenues and order intake of Mitsubishi Heavy Industries (MHI) Aero Structures business in the third quarter of FY21, it reported on February 7.…
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…
Airbus will decide on a further ramp-up of production of the A320neo-family by the middle of this year. The decision to go to rate 65 per month from the middle of 2023 was taken last year, but it’s now an…
UPDATE – Boeing expects that rework on the 787 and lower production rates to result in $1.0 billion in abnormal costs. Of this, $183 million has been recorded in the third quarter results, the airframer said on October 27 during…