Anticipated effects of the COVID-19 pandemic—including a smaller global fleet, near-term retirements of older aircraft and expected cost-cutting by airlines over the next several years—have led Boeing to cut 10%, or about $100 billion, out of its 20-year forecast for commercial aviation services spending.
GE Aviation’s GE9X, the largest aircraft engine yet developed, has received FAA certification, marking a major step toward entry-into-service on the Boeing 777-9, the first of the 777X family, in 2022.
EASA expects to clear the Boeing 737 MAX to return to service by year-end after securing commitments from Boeing to address specific safety issues the agency found in its review of the model, including adding a third source for measuring a key flight parameter.
Spirit AeroSystems, its diversification efforts struggling as two major acquisitions remain in limbo, announced a smaller move to bolster its strategy via an aftermarket support partnership with Evergreen Aviation Technologies Corp. (EGAT).