Ankara-based Turkish Aerospace, which took significant steps toward developing an indigenous defense sector in 2019, continues to play a major role supplying civil aircraft manufacturers.
Boeing will urge operators to put 737 MAX crews through simulator sessions before they return to line flying–an about-face triggered by recent trials that showed line pilots were not executing emergency procedures correctly, the company said Jan. 7.
Boeing on Jan. 6 provided more details on how the 737 MAX production pause will progress, while major program supplier Spirit AeroSystems said it will begin accepting “voluntary” layoffs.
Weeks into a rash of reported drone sightings in eastern Colorado and part of Nebraska, the FAA on Jan. 6 lacked an explanation for the reports or whether drones were actually involved.
The deal between Turkish Airlines and Boeing suggest that customer compensation-related costs related to the MAX grounding are trending significantly higher than initial estimates, Bloomberg analysts said.
Publicly traded shares of aerospace and defense companies around most of the Western world ended 2019 about 34% above where they began a year ago, and 6% better off than major stock market indices, Wall Street analysts said in year-end reports.
Early in 2019, Airbus’ salespeople had to accept a harsh reality—that the market for new A380s was too slow for production to be sustained beyond 2021.
