Airbus will halt aircraft production at its site in Mobile, Alabama
Airbus will halt aircraft production at its site in Mobile, Alabama due to the impact of the COVID-19 outbreak. Manufacturing… Read More »
Rolls-Royce scraps targets and dividend
Rolls-Royce is scrapping its targets and final dividend to shore up its finances as the British aero-engine maker’s customers around… Read More »
Boeing suspending 787 production at South Carolina plant
Boeing said it would suspend production of its 787 airplane at its facilities in South Carolina amid the coronavirus pandemic…. Read More »
U.S. grants GE license to sell engines for China’s new airplane
The Trump administration on Tuesday granted a license to General Electric to supply engines for China’s new COMAC C919 passenger… Read More »
GE to furlough 50% of U.S. aircraft engine assembly
General Electric said it would furlough about half its workers in the U.S. engine assembly and component manufacturing operations, a… Read More »
General Electric plans to furlough about half their workforce
General Electric reportedly plans to furlough about half of the workers in its massive aircraft-engine manufacturing unit for up to… Read More »
Rolls-Royce expects to cut the number of Boeing 787s grounded
Rolls-Royce expects to cut the number of Boeing 787s grounded at any one time for Trent 1000 engine repairs to… Read More »
Boeing to temporarily suspend Philadelphia area operations
Boeing said it will temporarily suspend production at facilities in Ridley Township, Pennsylvania, amid the ongoing coronavirus pandemic, adding that… Read More »
Airbus and Boeing brace for sharp cuts in wide-body output
Planemakers are looking at drastic cuts in wide-body production amid a slump in demand for the industry’s largest jetliners, manufacturing,… Read More »
Rolls-Royce closes civil engine production
Rolls-Royce has announced that it plans to “significantly reduce all but an essential activity” within its UK civil aerospace facilities… Read More »
Proposed US legislation aims to restore faith in aircraft certification
US senators have introduced a bill to Congress intended to reinforce safety and oversight, particularly with regards to certification, in… Read More »
Boeing plans 737 MAX production restart by May
Boeing plans to restart 737 MAX production by May, ending a months-long halt triggered by a safety ban on its… Read More »
Airbus adds 15 billion Euro credit line
Airbus boosted its liquidity with a 15 billion euro ($16 billion) expanded credit facility on Monday while suspending its 2020… Read More »
Spirit AeroSystems suspends Boeing-related production
Spirit Aerosystems, Boeing’s largest supplier, is temporarily suspending production for the airplane maker at many of its facilities in the… Read More »
Farnborough Airshow canceled in sign of aerospace slump
The Farnborough Airshow – this year’s largest aerospace expo and a showcase for tens of billions of dollars of business… Read More »
Boeing and Airbus face massive drop in deliveries as airlines struggle to survive
Boeing and Airbus face a drop in planned deliveries as airlines struggle to survive the coronavirus crisis, sending shares in… Read More »
Airbus draws up contingency plan to slow or halt output
Airbus has drawn up contingency plans to slow or stop production if France is placed under a drastic lockdown due… Read More »
Boeing stock wipes out gains made the last five years
Boeing shares on Monday erased all gains recorded during ousted CEO Dennis Muilenburg’s tenure due to the economic fallout of… Read More »
Hong Kong’s Cathay Pacific to sell six Boeing jets to BOC Aviation
Hong Kong’s Cathay Pacific Airways on Monday said it would sell six Boeing 777-300ER aircraft and its associated equipment for… Read More »
Boeing plans to move MAX wiring before jet’s return
Boeing is now be planning to move wiring bundles on the 737 MAX as part of the work it will… Read More »
China’s COMAC creates second production line
Chinese aircraft manufacturer COMAC has launched a second assembly line at Shanghai’s Pudong International Airport. This announcement came as COMAC… Read More »
Boeing shares plunge as FAA rejects proposal on 737 MAX wiring
Shares of Boeing dropped 12% on Monday after the planemaker’s proposal to leave wiring bundles in place on the grounded… Read More »