CFO Brian West told a Bank of America investor conference that Boeing would buy back Spirit using cash and debt; Boeing ended 2023 with almost $16 billion.
Routine drone operations across the country by 2027 and autonomous air taxi demonstration flights by 2030 are among targets set in the future aviation plan.
After a recent Morgan Stanley research note proclaimed Embraer its "top pick in aerospace," the Brazilian OEM's stock price surged 10% in a single day.
Joby is a vertically integrated OEM developing most of its own components and systems in-house, while Archer is relying on Tier One legacy aerospace suppliers.
The FAA has given industry more time to weigh in on a proposed rule detailing how to disclose safety-critical information during certification programs.
The Singapore-based lessor forecasts business conditions for the aircraft leasing industry will continue to be strong, particularly in the Asia-Pacific region.
An FAA draft rule says Boeing learned of the issue when an operator reported "multiple unusual spoiler deployments" during several flights on one aircraft.
