Lower production rates at Boeing and Airbus combined with quality issues on the 787 Dreamliners have forced tier-1 aerostructure supplier Spirit Aerosystems to make a $72.4 million pretax forward charge. The loss is caused by the 787 and A350 rates and…
Both JetBlue and Spirit reported their Q1 results this week, unsurprisingly posting net-losses for the period as they felt the impact of Covid-19. Let’s have a look: JetBlue: JetBlue’s net loss for Q1 was $-268 million compared to a 42…
News Bombardier sold its Aerostructures business to Spirit in a $1.2 billion deal. The transaction calls for $500 million in cash and the assumption of $300 million in net pension liabilities, as well as $290 million in repayment obligations for…
Two more US Airlines have asked US authorities to reject the complaint by Boeing against the Bombardier CSeries. Spirit Airlines, which operates 112 Airbus aircraft, and Sun Country Airlines, which operates 22 Boeing aircraft, both wrote letters against Boeing’s complaint…
In this article, we will dispel “neo nonsense” regarding difficulties with the new aircraft. The A320neo entry into service continues to settle in with variable results We show the latest flight ops data, through March 30, 2017 There is some…
We undertook a review of A320neo flight operations. There were 71 A320neo aircraft in operation at the end of February. An analysis of the 28,105 flights scheduled provides some interesting insights. With recent news reports suggesting difficulties with engines, we…