Airbus CEO Guillaume Faury and his Boeing counterpart David Calhoun are known for their optimism and realism. These treats might have been most helpful when they studied the Q3 deliveries in the past few days. Both will have acknowledged that their…
The commercial aerospace supply chain is more stressed than ever before. A combination of factors is in play. Probably foremost is labor. The pandemic did a number on the industry. Airlines and airports complain of staff shortages. There aren’t enough…
Poor reliability of new-technology aircraft, especially engines, is holding back the scrapping of older-generation airliners. While the number of aircraft to be scrapped post-Covid is expected to pick up some two years from now, the durability and supply chain issues…
Spirit AeroSystems’ 2Q23 results are disappointing. The company posted a loss per share of -$1.46, substantially lower than the consensus estimate of -$0.71. Revenues were 5 percent ahead of consensus. The weakness was focused on the company’s commercial side, which…
Half year through 2023, Airbus has delivered 316 aircraft to 73 customers. This means that the European airframer is some 400 aircraft short of its full-year target of 720 deliveries . With evidence that the supply chain is getting more stable…
UPDATE April 26 – Engine makers Pratt & Whitney and GE Aerospace are seeing progress made within the supply chain, with parts production and inventory improving in the first quarter. But overall, the supply chain remains challenging from the performance and…