SPIRIT AEROSYSTEMS lost $617m in 1Q24 on 19% higher y-o-y revenues. It delivered 70 Boeing shipsets (44 737s) vs 116 (95) a year ago and 191 Airbus shipsets vs 176. Its current 737 production rate is approximately 31 aircraft/month.
EMBRAER had $32.4m net income on $897m revenues in 1Q24 vs $72.7m loss on $717m in 1Q23; it has $21.1b backlog vs $17.4 a year ago. It also confirmed plan to deliver 72-80 E-Jets and 125-135 business jets in 2024.
AIRBUS delivered 61 aircraft (three A220s; 51 A320neo Family; A330neo; six A350s) in April vs 54 (six A220s; 42 A320neo Family; two A330neos; four A350s) in April 2023. It also posted orders from BRITISH AIRWAYS for three A320neos and two A321neos, JAPAN AIRLINES for one A350-900, and an undisclosed customer for 51 A321neos.
Distributed-propulsion testbed flies; Airbus hydrogen APU demo; uncrewed delivery corridor; another Chinese eVTOL; and Wright’s megawatt-scale electric engine.
A breakdown of annual deliveries data reveals the ups and downs of how Embraer delivered 1,800 E-Jets over the last two decades and which models led the way.
It’s been a big year for United Launch Alliance, the Lockheed Martin- and Boeing-owned joint venture that has been remaking itself for the commercial space age.
Howmet's John Plant, often seen as a shrewd prognosticator of large aircraft manufacturing rates, has slashed his company’s expectations for 737 shipments.
The long-awaited crewed debut of Boeing’s Starliner caps off a 13-year effort to certify multiple commercial providers of low-Earth-orbit astronaut transport.
The two German air taxi companies need state support to exit a funding crisis, but party politics and risk aversion may force their sale to foreign investors.