Air Canada released its 4th quarter and full year 2023 financial results. The airline had very strong results, achieving record full year operating revenues of $21.833 billion, full year operating income of $2.279 billion, 2023 adjusted EBITDA of $3.982 billion,…
Airbus announced late last week that it will be late with some deliveries of aircraft in 2024, joining Boeing, where the FAA has prevented the company from increasing production rates as it investigates recurring quality issues. With record demand for…
Just when you think it’s safe to go back in the water, you hear that music – da-da, da-da, dum de dum de dum – and suddenly Jaws reappears. It certainly seems that way with the most recent Boeing “quality…
The 737 MAX has been a troubled program for Boeing, with two fatal crashes, a safety grounding, a massive inventory build-up, and, most recently, supplier quality issues with limited production. When we compare Boeing’s production targets with actual results, the…
Airbus is speeding up the production rate of the A350. On the back of various successful and promising sales campaigns, the rate will go to ten aircraft per month in 2026 from the current six. The airframer said in February…
Aircraft manufacturers must step up to make sure that the supply chain of parts at Original Equipment Manufacturers (OEMs) gets stabilized. Unless OEMs invest massively in resources and staffing and adjust their business models, the airline industry continues to be…