Aerostructures giant Spirit AeroSystems, the leading supplier to the Boeing 737 MAX program, is furloughing more workers after the OEM recently told it to cut o
An expected surge in used serviceable materials (USM) poses a risk to new-parts sales, but structural fundamentals in global fleets and customer preference should limit the downside for many parts suppliers even as opportunities for used-parts specialists increase.
Kazakhstan-based Air Astana has retired all of its Boeing 757s and Embraer 190s after their phase-out was accelerated following the coronavirus crisis.
The drive to develop Japan’s first commercial aircraft since 1974 hits another stumbling block as flight tests are halted and production is shut down. Aviation Week editors discuss whether the regional jet program will survive—and whether its troubles will benefit Embraer.
A European consortium plans to build power-to-liquid (PtL) plants in Norway to produce sustainable fuels using renewable electricity and captured CO2. The first facility is planned to become operational in 2023.
Ultraviolet (UV) light disinfectant specialist Dimer and Honeywell have partnered to offer Dimer’s purpose-built aircraft cabin cleaner to the aviation industry through a special licensing agreement.
COMAC C919s have been added to an agreement with China Express Airlines that was originally limited to acquiring ARJ21 regional jets from the state manufacturer.
Responding to the brutal downturn caused by the COVID-19 pandemic, the French government on June 9 announced an €8-billion ($9 billion) bailout plan that not only aims to save employees from layoffs and aerospace companies from bankruptcy—it takes the opportunity to force an overdue consolidation and modernization of the supply chain.
Kevin McAllister, the former head of Boeing Commercial Airplanes until the 737 MAX program broke down, has joined AE Industrial Partners (AEI), a private equity investor specializing in aerospace, defense and government services.