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July 26, 2018, © Leeham News: The US Southeast continues its aggressive expansion in aerospace.
Washington State plots to win the assembly site for the prospective Boeing New Midmarket Aircraft and expand its space footprint.
In a way, it’s a defensive holding game for Washington, which faces competition from more than a half dozen states where the cost of doing business is cheaper and the regulatory environment is friendlier to business.
By Dan Catchpole
July 25, 2018, © Leeham News: The cash keeps flowing at Boeing. The aerospace giant posted free cash flow of $4.3bn for the second quarter of the year, despite recording $426m in costs related to its delay-ridden KC-46 tanker program.
Despite posting strong earnings, the charge rattled investors, who drove Boeing’s share price down in early trading Wednesday.
Boeing continues to work on closing the business case for its New Midsize Airplane (NMA), a business case unlike any the company has done before, Boeing chief executive Dennis Muilenburg said in a conference call with reporters and investment analysts.
Posted on July 25, 2018 by Scott Hamilton
July 24, 2018, © Leeham News: John Leahy, who retired in January after 33 years at Airbus, and Scott Kirby, president of United Airlines, headline the Leeham Co. and Airfinance Journal conference, Plane Truths: The Next 12 Months, Sept. 11-12 in Chicago.
This will be Leahy’s first conference appearance since he retired from Airbus, where he was COO-Customers.
Plane Truths: The Next 12 Months focuses only on the key issues coming up in the next year. Click here for more information.
Officials of American Airlines, Cargolux, HiFly, Rolls-Royce, Skyworks Capital, Collateral Verifications, Embraer and Bombardier are among those who will participate.
Posted on July 24, 2018 by Scott Hamilton
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July 23, 2018, © Leeham News: First mover or not first mover, that is the question.
In a pre-Farnborough Air Show interview with another publication, Airbus Group CEO Tom Enders said Airbus had the advantage of being the “first mover” by acquiring majority control of the Bombardier C Series program.
But when it comes to responding to the prospective Boeing New Midmarket Airplane (NMA, or 797), Airbus officials say they are content to wait and watch, willing to let Boeing make the first move.
At the same time, Airbus is proceeding with studies to further extend the range of the A321neo, in the form of the A321XLR. The airplane would have a range of 4,500nm, up from 4,100nm, according to information widely leaked at the air show.
Related stories
Posted on July 23, 2018 by Scott Hamilton
Analysis
July 18, 2018, © Leeham News, Farnborough: The biggest, longest-running story at this year’s Farnborough Air Show is about an airplane that doesn’t exist: the prospective Boeing New Midmarket Aircraft (NMA or 797).
And the underlying story that’s emerging from the buzz on the sidelines and interviews with key observers and industry participants is that Boeing’s business case for the airplane appears to be getting weaker, not stronger.
Posted on July 18, 2018 by Scott Hamilton
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July 9, 2018, © Leeham News: When Boeing and Embraer announced last week the Memorandum of Understanding to form a joint venture between Boeing and Embraer Commercial Airplanes, writers and analysts jumped on the bandwagon that LNC pointed out as far back as last year.
This is:
Additionally, a Boeing partisan sees new trade complaint against C Series.
Related stories:
Posted on July 9, 2018 by Scott Hamilton
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June 25, 2018, © Leeham News: Little in the way of excitement is expected at the Farnborough Air Show next month.
There won’t be any launch of the oft-talked about Boeing New Midmarket Aircraft (NMA, aka 797).
Airbus continues to be coy about its response to the NMA. Studies about an A321neo Plus or Plus-Plus have been talked about almost as long as Boeing has been discussing the NMA. More recently, now there’s talk of an A321 XLR.
Summary
Posted on June 25, 2018 by Scott Hamilton
June 20, 2018, © Leeham News: The International Association of Machinists may be playing with fire.
Puget Sound’s IAM 751 may be burned in the process.
The Charleston Post and Courier reported that the IAM will file a labor grievance over Boeing’s refusal to recognize certification of a “micro-union” while the company appeals the legality of its creation.
“Boeing ignores us at their own peril,” the newspaper quotes a union official.
The union may be pursuing this at its own peril.
At stake is where Boeing will assemble the prospective New Midmarket Aircraft, or NMA (aka 797).
The New Midmarket Aircraft site selection will be discussed at the Southeast Aerospace & Defence Conference next week in Mobile (AL). Click here for more information.
Posted on June 20, 2018 by Scott Hamilton
May 15, 2018, © Leeham News: The engine problems at all four OEMs mean a later entry-into-service for the prospective Boeing New Midrange Aircraft (797), says an influential figure in commercial aviation.
And the longer Boeing puts off a decision to launch the NMA, the more Airbus A321neos will be in service and the more difficult an already challenging business case for the NMA becomes, says Steven Udvar-Hazy, executive chairman of Air Lease Corp.
Hazy made his remarks at the 38th annual Airfinance Journal conference today in Miami.
Posted on May 15, 2018 by Scott Hamilton
Special to Leeham News
By Olivier Bonnassies
Airfinance Journal
April 16, 2018, (c) Airfinance Journal, Montreal: Air Canada sees the potential of a new midsize aircraft (NMA) in its fleet to avoid congested airport.
“There is a difficulty in getting slots at key airports in key times,” Calin Ravinescu, Air Canada president and chief executive officer, said at the Innovation Aerospace Forum in Montreal.
Posted on April 16, 2018 by Scott Hamilton