Final year-end figures show just 157 Boeing airliners were delivered in 2020, compared to 380 in 2019—revealing the full impact of the global COVID-19 pandemic and the prolonged grounding of the 737 MAX on the company’s commercial business.
Boeing secured agreements to sell new widebody freighters to Atlas Air and DHL Express, as strong air cargo demand continues to help offset weakness in commercial passenger aircraft sales.
Austrian Airlines is phasing out the first of three aging Boeing 767-300ERs and confirmed its last De Havilland Dash 8-400s will end operations by March 31.
The flight data recorder (FDR) of Sriwijaya Air flight SJ182 was recovered by Indonesian naval divers on the evening of Jan. 12, three days after the Boeing 737-500 carrying 62 people plunged into the sea.
Archer said the agreement supports its vision of being a leader in the first wave of urban air mobility providers with the goal of beginning passenger services by 2024.
Airbus CEO Guillaume Faury said Jan. 8 that he expects the company to begin ramping up single-aisle production in the second half of 2021, with further steps following in 2022 and 2023.
The settlement between Boeing and the U.S. Justice Department (DOJ) is not likely to generate many positive reactions from outside the two organizations.
Boeing has reached an agreement exceeding $2.5 billion with the U.S. Justice Department (DOJ) to settle criminal charges that two of its employees defrauded the FAA’s Aircraft Evaluation Group (AEG) about safety issues connected to two fatal 737 MAX accidents.
A recovery is expected to start this year but the French aerospace industry is still in the middle of its endeavor to save jobs and skills, showing solidarity and exploiting state aid programs.
As far as positive signs go in 2020, a relative bright spot was the dearth of bankruptcies and clear exits from the aerospace and defense sector by small and medium-sized suppliers.
An investment fund formed last summer to support small and medium enterprises in the French aerospace sector has received an additional €100 million ($120 million) from the Credit Agricole banking group, thus bringing it closer to its goal of raising a total of €1 billion.