Boeing’s second quarter of 2020; cutting production as revenue halves due to MAX grounding and COVID-19

July 29, 2020, © Leeham News: Boeing presented its results for the second quarter of 2020 today. The company revenue is halved compared with the last second quarter with full 737 MAX production, 2Q2018. The reported loss was… Read More

HOTR: Norwegian claims $1bn+ in damages from Boeing

HOTR072120 By the Leeham News staff July 21, 2020, © Leeham News: Norwegian Air Shuttle said June 30 it canceled orders for 92 Boeing 737 MAXes and five 787s. The orders still appear on Boeing’s Unfilled Orders website,… Read More

Pontifications: 2Q earnings reports begin this month

July 13, 2020, © Leeham News: Earnings season calls for the second quarter begin this month. For our readers, Airbus and Boeing are the big ones. Boeing’s earnings call is July 29. Airbus follows the next day. A… Read More

Pontifications: Recertification flights for Boeing 737 MAX appear close

June 29, 2020, © Leeham News: Boeing may be set to begin recertification flights of the 737 MAX as early as today, The Seattle Times reported last week. Testing will take three days, if all goes well. But… Read More

Looking ahead for 2020 and 2030 decades: Boeing

Subscription Required Second in a series. By Scott Hamilton and Vincent Valery Introduction June 24, 2020, © Leeham News: “Airbus’ widebody strategy is a mess.” This is what Kostya Zolotusky, then a VP with Boeing Capital Corp., said… Read More

Narrowbody Aircraft Retirements

Subscription Required By Vincent Valery Introduction   June 15, 2020, © Leeham News: Last week, LNA analyzed the accelerating widebody fleet streamlining by airlines. We now turn our attention to the narrowbody market. Numerous airlines, including American and Lufthansa,… Read More

Pontifications: bleak near- to mid-term future for Rolls-Royce engine unit

June 15, 2020, © Leeham News: The jet engine division of Rolls-Royce faces an uncertain future because of its own problems, exacerbated by the impact of COVID-19 on commercial airlines. Beset by problems with its Trent 1000, Boeing… Read More

Boeing tells Spirit to pause 737 MAX fuselage production

June 11, 2020, © Leeham News: Spirit Aerosystems, maker of the Boeing 737 fuselages, yesterday said it will lay off 900 workers on the MAX line for three weeks. “Spirit received a letter from Boeing directing Spirit to… Read More

Mitsubishi’s options for the SpaceJet

Subscription Required By Scott Hamilton Introduction June 2, 2020, © Leeham News: Mitsubishi Heavy Industry (MHI) yesterday closed the acquisition of the Bombardier CRJ program. There are 15 CRJs in backlog to complete. But the purpose of the… Read More

Pontifications: New GE Aviation CEO will face big challenges

June 1, 2020, © Leeham News: The new chief executive officer for GE Aviation (GEA) will face huge challenges when he or she succeeds David Joyce when he retires this year, say industry sources. Joyce was named CEO… Read More