Boeing executives believe customer sentiment toward the 737 MAX remains strong, insisting that airlines still want the grounded model even amid rising operating costs linked to simulator training and the risk that passengers may shy away from the aircraft once it returns.
Mitsubishi Aircraft denies reports that it has already decided to further extend the development schedule of the SpaceJet regional airliner, saying the matter is still being evaluated.
Stanley Black & Decker will break into aerospace and defense and buy Consolidated Aerospace Manufacturing, a provider of highly engineered fasteners, latches and other parts for aerospace, for up to $1.5 billion in cash.
Last year turned out to be the ugliest for Boeing’s finances in a generation, with the Chicago-based manufacturer of the 737 MAX and other aerospace and defense products reporting a net loss of $636 million.
Ankara-based Turkish Aerospace Industries (TAI) president & CEO Temel Kotil said producing the nation’s first passenger narrowbody aircraft is still on the company’s master plan but is currently on hold.
Aerospace suppliers are taking different approaches on whether to cut employees as they wrestle with the fallout of the Boeing 737 MAX production halt, with some already doing so while others announce they will not.
Approval of the Boeing-Embraer tie-up by staff at Brazil’s Administrative Council for Economic Defense (CADE) leaves a European Commission (EC) sign-off as the deal’s last major regulatory hurdle.
Airbus has reached an “agreement in principle” with France’s financial prosecutor (Parquet National Financier or PNF), the UK Serious Fraud Office (SFO) and U.S. authorities, the company confirmed Jan. 28.
A European consortium of industry and academia will develop a road Map for furthering hybrid-electric propulsion for commercial aircraft under a project funded by the European Commission (EC).
Boom Supersonic has partnered with Flight Research Inc. (FRI) to test its XB-1 demonstrator in a supersonic corridor stretching across the Mojave Desert.
MRO Holdings submitted a proposal to acquire Mexicana MRO for an undisclosed sum. Greg Colgan, MRO Holdings’ CEO, would not disclose the terms but said the proposal addresses the challenges and opportunities of Mexican MRO. “This is not just a marketing play…we did our homework,” he says.
Sabena Technics opened its sixth maintenance hangar at its Bordeaux site this month. Philippe Rochet, the company’s CEO, speaks to James Pozzi about its plans for the facility.
Deliveries of single-aisle airliners plummeted nearly 24% in 2019, largely due to the grounding of the Boeing 737 MAX, but should bounce back more than 34% in 2020, Teal Group analyst Richard Aboulafia said Jan. 23.
Adding simulator training to Boeing’s latest projected 737 MAX certification time frame could push Southwest Airlines’ next MAX revenue flights into the 2020 fourth quarter, estimates laid out by the airline’s executives show.
Israeli startup Eviation’s prototype Alice electric regional aircraft caught fire during ground testing at Prescott Regional Airport, Arizona, on Jan. 22.
As the one-year mark of the Boeing 737 MAX grounding nears, airlines and lessors have to decide whether they want to make use of an upcoming opportunity to cancel orders for the aircraft.
