Spirit AeroSystems is racing to finish its sale to Airbus and Boeing or find enough bridge financing and cost cuts before otherwise running out of money.
Boeing’s vast aerospace and defense portfolio will be tweaked and streamlined over time under new CEO and President Kelly Ortberg, the chief executive said.
While he declined to provide a rate-ramp timeline in part because of the strike, Boeing's new CEO suggested that 2025 could see multiple 737 rate increases.
Aviation Week's Commercial Fleet & MRO Forecast shows that more than 21,900 new commercial aircraft deliveries will take place globally over the 10-year period.
Boeing and the union representing 33,000 striking machinists have agreed new contract terms to end the more than month-long walkout. The union vote is Oct. 23.
Spirit AeroSystems, the Wichita-based lead supplier of aerostructures to Boeing, said it will furlough around 700 employees for 21 days starting Oct. 28.
Boeing and the International Association of Machinists accused each other of not being willing to move after another round of mediated negotiations collapsed Oct. 8.
The FAA alert follows the NTSB’s probe and criticism of the agency and OEM responses to 737 rudder issues as evidence points to supply chain quality problems.
Boeing expects deliveries to fall as effects of the machinists union strike in the Seattle area begin to impact 737, 767 and 777 production and completions.
