Boeing 737 MAX

Spirit AeroSystems, the leading aerostructures provider and Boeing’s top supplier, announced Jan. 10 it is laying off 2,800 of its employees in Wichita due to t

Aeromexico and American Airlines are the two latest airlines to settle with Boeing over compensation terms related to the ongoing grounding of the 737 MAX.

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.

Calgary-based WestJet has removed all Boeing 737 MAX operations from its schedule through Apr. 4, marking the carrier’s ninth MAX-related schedule update since the type was grounded in mid-March 2019.

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.

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.

Turkish Airlines and Boeing have reached a compensation agreement for losses caused by the 737 MAX grounding, according to an airline statement to the Borsa Istanbul stock exchange on Dec. 31, 2019.

In a way, Boeing's production facility in Renton, Washington and Embraer’s Sao José dos Campos site will look very similar in January 2020.

Whether more management heads roll at Boeing remains to be seen now that Dennis Muilenburg has been fired as chief executive.

United Airlines has removed its Boeing 737 MAXs from schedules through June 4, 2020—a three-month extension that signals a growing lack of confidence that the model’s grounding is close to ending.

Spirit AeroSystems, the leading supplier of 737 aerostructures to Boeing, announced Dec. 20 that it will stop producing new 737 aerostructures and halt deliveries to its OEM customer on Jan. 1, 2020.

Days after Boeing announced a coming halt to production of its 737 MAX, the first forecasts to emerge from financial analysts covering aerospace and defense (A&D) still see good business prospects for the sector in 2020 but with several caveats, and with far cloudier horizons.

Days after Boeing announced a production halt of the 737 MAX, the three major U.S. credit rating agencies have turned slightly negative on the manufacturer with new outlooks that stress growing demands on the company’s credit access and softening cash prospects.

Following Boeing’s announcement that it would temporarily halt production of the 737 MAX, its large and small suppliers are assessing the potential impact to their operations.

European tour operator TUI Group has confirmed it has taken a €293 million ($320 million) hit as a result of the Boeing 737 MAX grounding for its fiscal 2019, which ended Sept. 30.

Airbus is not benefiting from Boeing’s ongoing 737 MAX troubles, including the U.S. manufacturer’s Dec. 16 decision to suspend production of the type, Airbus chief commercial officer Christian Scherer said.

Canada could see a 7% capacity jump after modest 2019 expansion.

All-Boeing operator Icelandair has pushed back its planning for the Boeing 737 MAX’s return to operational service by five months to May 2020, prompting a delayed phase-out of some of its 757s.

Copa Airlines plans to densify its Boeing 737-800s starting in 2021 and will add a net total of three airframes in 2020 as it catches up on 737 MAX

Southwest Airlines says fourth-quarter (Q4) unit revenue will be flat up to 2% year-over-year on the strength of solid bookings and yield trends, likely boosted by ongoing capacity pressure created by the 737 MAX groundings, the carrier reported.

Boeing, citing “uncertainty” in when the 737 MAX will be cleared to return to service as a key factor, will suspend 737 production in January 2020.

WASHINGTON—The FAA’s top official remains confident in the agency’s certification methodology and processes for evaluating safety-critical issues

Boeing is reportedly delaying plans to accelerate production to 57 per month until 2021.

FAA Administrator Steve Dickson suggested Boeing improve the “quality and timeliness” of information it is providing the agency to support getting the 737 MAX back into service, part of a larger message that Boeing’s efforts should focus on meeting regulatory demands, not influencing the process.

Southwest Airlines will share $125 million with employees as part of a deal struck with Boeing that covers part of what the airline is losing because of the 737 MAX groundings, the carrier said Dec. 12.