The GEnx-1B has extended its lead over the Trent 1000 among Boeing 787 customers in recent years despite Rolls-Royce's best efforts to improve its engine.

GE Aerospace said on July 1 that it had extended Chief Executive Officer Larry Culp’s contract through the end of 2027.

But much like the Spirit deal’s closing, Boeing’s transition, assuming it comes at all, will not happen overnight.

Boeing announced it entered into a definitive agreement to acquire Spirit AeroSystems early July 1 which values the supplier at $4.7 billion.

Boeing is pointing to factory floor changes as keys to tracking metrics that, for now, are more relevant than familiar measuring sticks like production rates.

As the airline industry continues to recover, turboprop operators in Asia-Pacific have highlighted safety concerns unique to their operations.

Airbus is considering major changes to its space operations after a program review identified almost $1 billion in higher costs on critical satellite contracts.

Airbus no longer expects to reach its target of producing 75 A320neo family aircraft per month in 2026 and has cut back its delivery guidance for 2024.