Major aerostructures supplier Daher is prioritizing Airbus A320 component deliveries to help mitigate supply chain issues that have caused production delays.
Akasa is looking to enter agreements for about $300 million in structured debt—a change of direction from its previous plans to issue substantial new equity.
Ihssane Mounir, Boeing senior VP for global supply chain and fabrication, told a key supplier conference that suppliers and the OEM owe each other transparency.
Doug Ackerman, vice president for supplier quality at Boeing Commercial Airplanes, updated a key supplier conference on the nature of its supply chain problems.
For the leasing and air finance industry, the Boeing crisis seems to have sunk in to a degree as part of normal life in aerospace and for its customers.
The target of generating $10 billion in free cashflow per year by 2026 may slip as the company pays to fix its production processes and stabilize manufacturing.
Boeing is withdrawing its request for a time-limited exemption covering a de-icing system that would have allowed the 737-7 to be certified with a known noncompliance.
Holding 70% of the company’s outstanding shares, they could declare a crisis of confidence, challenge the status quo and demand a change in top management.
South Africa's government gave up a stake in the flag carrier in 2021 after it added debt and went into bankruptcy, but the airline has been in rebuild mode.
Though Boeing’s 737-9 is now allowed to return to service after close inspections, the FAA’s decision to freeze production at current levels is a huge blow.
Boeing has delivered its first Boeing 737-8 to China in nearly five years since the Civil Aviation Administration of China grounded the type in March 2019.
