Safran is adapting to the production halt of the Boeing 737 MAX, finding ways to mitigate the financial consequences, but the company is already measuring job cuts in four digits.
The first Pratt & Whitney PW1200G engine to be assembled in Japan has been flown, installed in a Mitsubishi Aircraft SpaceJet prototype, the airframe company said.
An Airbus A321 passenger-to-freighter (P2F) conversion—developed by joint-venture partners ST Engineering, Airbus and Dresden-based freighter conversion specialist Elbe Flugzeugwerke (EFW)—has secured EASA supplemental type certification (STC).
An FAA draft directive set for publication Feb. 26 calls for Boeing 737 MAXs to undergo inspections and modifications before further flight to ensure engine-control wiring has adequate protection from electromagnetic interference.
As airlines grapple with capacity shortages created by the Boeing 737 MAX grounding or a sudden over-supply because of COVID-19-related schedule reductions, lessors are supporting their mitigation plans, including matching customers in both categories and moving aircraft between them.
Boeing is inspecting all 737 MAXs it has in storage and adding factory-floor precautions after discovering foreign object debris (FOD) in the fuel tanks of multiple MAXs, the company confirmed late Feb. 18.
Ireland-based lessor AerCap, reporting $1.15 billion in net income for 2019, said its prospects are fair for 2020, although the continuing Boeing 737 MAX grounding is having an adverse effect on its figures.
With the aerospace manufacturing sector expecting Boeing to restart 737 MAX production as early as next month or April, one widely followed industry consultant said it will take up to two years to clear out the stored inventory of narrowbody aircraft and fuselages.