SpeedNews

BOEING reactivated third 737 MAX assembly line at Renton, and is now producing about 25 aircraft per month, citing receipt of clean fuselages from SPIRIT. It still has 90 pre-built 737-8s (mostly for China/India) and 25 787s being reworkes, of which most are expected to be delivered by end 2024 in order to close its shadow factories by end of year.

Aerospace

BOEING named Kelly Ortberg, formerly CEO of Rockwell Collins, as its next President and CEO (effective August 8).

Aerospace

Peter Koo to Chief Leadership Officer of Quest Global, Schenectady, NY.

Aerospace

TRANSDIGM completed acquisition of RAPTOR SCIENTIFIC, CA (test/measurement solutions) for $655m in cash.

Aerospace

USAF says it has decided to pause Next Generation Air Dominance (NGAD) fighter program to review aircraft design before it commits to single design and supplier (Boeing or Lockheed Martin); other NGAD elements are moving forward.

Defense

VOLATO launched G280 fractional ownership program in US with two aircraft, building on its HondaJet program.

Business Aviation

J.P. MORGAN is forecasting delivery of 735 business jets in 2024/763 in 2025/780 in 2026/791 in 2027 vs 628 in 2023.

Business Aviation

WEST STAR AVIATION has developed Falcon 2000 floor plan reconfiguration to increase capacity from eight to 10 pax.

Business Aviation