By the Leeham News staff May 6, 2020, © Leeham News: Mitsubishi Heavy Industries announced May 7 (Tokyo time) that it will close the acquisition of the Bombardier CRJ program June 1. Production of the CRJ was to… Read More
Posted on May 6, 2020 by Scott Hamilton
By Scott Hamilton May 6, 2020, © Leeham News: Spirit Aerosystems, a major supplier to Boeing and Airbus, reported a net loss of $163m for the first quarter. The loss was a negative margin of 15.5% on revenues… Read More
Posted on May 6, 2020 by Scott Hamilton
May 5, 2020, © Leeham News: The Seattle Times and its reporting team won a Pulitzer Prize, it was announced yesterday, for its coverage of the Boeing 737 MAX crisis. The team is Dominic Gates, Steve Miletich, Mike… Read More
Posted on May 5, 2020 by Scott Hamilton
Subscription Required Now open to all readers. By Scott Hamilton May 5, 2020, © Leeham News: The COVID crisis will damage the aerospace aftermarket in ways that are only beginning to be understood. As key companies report 1Q… Read More
Posted on May 5, 2020 by Scott Hamilton
Subscription Required By Scott Hamilton Introduction May 4, 2020, © Leeham News: The collapse of the Boeing-Embraer joint venture removes a major cloud over another Boeing agreement with a different airframe company. Long ago, Boeing and Mitsubishi Aircraft… Read More
Posted on May 4, 2020 by Scott Hamilton
May 4, 2020, © Leeham News: The global airline industry is on the cusp of a fundamental restructuring that will be painful, and painfully long. A few airlines already ceased operations. Several others are on the brink of… Read More
Posted on May 4, 2020 by Scott Hamilton
Subscription Required By Vincent Valery Introduction April 30, 2020, © Leeham News: The travel restrictions implemented in the aftermath of the COVID-19 outbreak lead to an unprecedented collapse in global passenger traffic. These travel restrictions should remain in… Read More
Posted on April 30, 2020 by Vincent Valery
By Bryan Corliss April 29, 2020 © Leeham News — Unionized technical workers who initially rejected a proposed contract extension with Boeing have changed their minds. Their union – the Society of Professional Engineering Employees in Aerospace (SPEEA)… Read More
Posted on April 29, 2020 by Scott Hamilton
By Scott Hamilton April 29, 2020 © Leeham News: Boeing will cut production rate of the 787 in half and the 777 from 5/mo to 3/mo in response to the dramatic drop in demand from the COVID crisis…. Read More
Posted on April 29, 2020 by Scott Hamilton
By the Leeham News staff April 28, 2020, © Leeham News: The Coronavirus not only decimates the airline industry. It’s going to completely upend the product strategies of Airbus, Boeing and Embraer. Boeing is most immediately affected.
Posted on April 28, 2020 by Scott Hamilton