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...
The development of high-quality, large aircraft remains one of the key ingredients of China’s latest five-year planning. The aircraft should be safe, with a focus on design and the supply chain. The civil aviation industry was specifically mentioned by General...
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