Sluggish widebody demand exacerbated by several market-specific headwinds point to potential production-rate cuts for several Airbus and Boeing programs, a Bloomberg Intelligence analysis contends.
By Sean Broderick, Helen Massy-Beresford, Kurt Hofmann
The investigation into Iran’s Jan. 8 downing of Ukraine International Airlines (UIA) Flight PS752 is beginning to take shape, with participants from affected countries urging transparency and a thorough probe into the disaster.
Airbus announced plans Jan. 9 to increase A320-family production to seven aircraft per month at its plant in Mobile, Alabama beginning early 2021, up from its current rate of five per month.
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.