By Dan Catchpole
Danieljcatchpole[at]gmail[dot]com
Feb. 13, 2019, © Leeham News: Boeing Commercial Airplanes expects another banner year in 2019, Randy Tinseth, BCA vice president of marketing, said Tuesday at the PNAA conference.
The airplane maker expects its customers to make about $36 billion in profit this year, he said. That would make five consecutive years of BCA customers recording more than $30 billion in profits.
Tinseth declined to comment on the company’s decision to delay possibly launching the New Midmarket Airplane (NMA) to 2020. However, as Boeing CEO Dennis Muilenburg noted during the Jan. 30 earnings call, Boeing likely will seek authority to offer this year from its board of directors.
He did say he was surprised to hear so many people already referring to it as the 797.
“I can tell you one thing—that has not been discussed,” Tinseth said.
By Bjorn Fehrm
November 28, 2018, © Leeham News.: The Indonesian National Transportation Safety Committee (KNKT) has released the preliminary report about the fatal flight Lion Air LNI610.
The report is 78 pages and gives added information in several areas. Rather than repeat what has been reported before, the article is focused on what new facts are revealed and we make some observations around these facts.
By Bjorn Fehrm
November 14, 2018, © Leeham News.: The automatic trim Boeing introduced on the 737 MAX, called MCAS, was news to us last week. Graver, it was news to the Pilots flying the MAX since 18 months as well.
Boeing and its oversight, the FAA, decided the Airlines and their Pilots had no need to know. The Lion Air accident can prove otherwise.
September 14, 2018, ©. Leeham News: In the last Corner we looked at the change of aerodynamic center when passing Mach 1 and the resulting trim change.
We also discussed the high pitch angle of a delta like the Concorde when landing, which brings visibility problems for the pilots. Now we look into the problem of skin heating at high Mach flight.
danieljcatchpole(at)gmail(dot)com
September 3, 2018, © Leeham News: Boeing’s insistence that more and more subcontractors meet stringent aerospace manufacturing standards risks adding cost and reducing flexibility to the supply chain, several direct and indirect Boeing suppliers tell LNC.
The aerospace giant is requiring more second and third tier suppliers have AS9100 certification. Until recent years, OEMs and their direct suppliers typically were the only companies that formally complied with AS9100.
Subcontractors were expected to conform to the standards, but did not have to formally comply with the requirements. Doing so is expensive and time consuming. Subcontractors’ work was covered by the Tier 1 suppliers’ or Boeing’s AS9100 certification.
The AS9100 standards were adopted in the late 1990s to improve and standardize quality management throughout the increasingly global aerospace industry.
By Bjorn Fehrm
January 15, 2018, ©. Leeham Co: Airbus announced record 2017 airliner deliveries of 718 aircraft today. It was the 15th consecutive year of increased production, this time with 30 aircraft over 2016. Fabrice Bregier, the Chief Operating Officer of Airbus, predicted Airbus would pass Boeing in deliveries by 2020.
The company also booked its third best year in orders, with 1,109 aircraft giving a Book-to-Bill of 1.5. The backlog is at a record 7,256 aircraft (Figure 1).
By Bjorn Fehrm
July 28, 2017, ©. Leeham Co: Bombardier presented its 2Q2017 results this morning. Performance followed guidance, with stronger than expected margins in business aircraft and trains. Overall the business tracks the turnaround plan, presented end 2015.
Because of constrained delivery of Pratt & Whitney GTF engines for 1H 2017, only seven CSeries got delivered. A full year delivery of around 30 CSeries is still the target.
June 18, 2017, © Leeham Co.: Mitsubishi Heavy Industries (MHI) CEO Shunichi Miyanaga and the Vice Chairman of ANA Holidings, Osamu Shinobe, gave the full backing to the MRJ program today, when presenting an ANA liveried test aircraft at the Paris Air Show.
April 26, 2017: The Airbus 1Q2017 earnings call is tomorrow.
Problems with the Pratt & Whitney GTF and slower-than-expected ramp-up of the CFM LEAP affected A320neo deliveries in the quarter. Continuing problems with interiors supply depressed A350 deliveries.
We have earnings previews from two investment banks that cover Airbus.