SPIRIT AEROSYSTEMS announced 21-day furloughs for 700 employees working on 767 and 777 programs in response to ongoing IAM strike at Boeing. It says it has built up significant inventory buffer and has no room for additional storage.
Boeing and the union representing 33,000 striking machinists have agreed new contract terms to end the more than month-long walkout. The union vote is Oct. 23.
Spirit AeroSystems, the Wichita-based lead supplier of aerostructures to Boeing, said it will furlough around 700 employees for 21 days starting Oct. 28.
Emirates has come out on top as the ‘World’s Best Airline’ amongst 90 global carriers in a recent comprehensive and methodological study by Telegraph Travel.
By Joe Anselmo, Sean Broderick, Guy Norris, Daniel Williams
It’s been nearly five years since the cutting-edge aircraft first flew, but you won’t fly on one before 2026. Aviation Week’s team explains how we got here.
LIBERTY HALL CAPITAL PARTNERS closed single-asset continuation fund with Lead Edge Capital Management to support investment strategy, including strategic acquisitions, of COMPLY365. It has now invested >$1b in equity capital.
AURA AERO announced plans to start building 500,000 sq ft manufacturing and assembly plant at Florida's Daytona Beach International Aircraft in 2026 for completion in 4Q28 for producing its hybrid-electric regional aircraft.
A handful of startups are betting that more efficient electric and hybrid propulsion will open up new markets around the world for water-based aviation.
