Mitsubishi Heavy Industries (MHI) shipped its 1,000th pair of wing boxes for the Boeing 787 program on Feb. 10, 13 years after the first shipset was dispatched.
Wall Street remains dubious that aircraft subsystems provider Woodward and composites supplier Hexcel can provide one of the main benefits they promised from their recent merger, particularly as the commercial aviation sector reels from the Boeing 737 MAX production halt and both companies lower their 2020 guidance as a result.
After several years of lagging aircraft retirements, there are signs that an expected wave of removals is imminent if not underway, which will provide much-needed used-parts feed for several popular engine platforms.
In-seat system provider Astronics on Feb. 4 warned investors over financial effects of the Boeing 737 MAX production halt, as well as other “unfavorable” developments including a negative court ruling and ongoing restructuring charges.