Updated with earnings call: Spirit Aerosystems reports 1Q loss, expect worse 2Q

By Scott Hamilton May 6, 2020, © Leeham News: Spirit Aerosystems, a major supplier to Boeing and Airbus, reported a net loss of $163m for the first quarter. The loss was a negative margin of 15.5% on revenues… Read More

Seattle Times, reporting team win Pulitzer Prize for Boeing 737 MAX coverage

May 5, 2020, © Leeham News: The Seattle Times and its reporting team won a Pulitzer Prize, it was announced yesterday, for its coverage of the Boeing 737 MAX crisis. The team is Dominic Gates, Steve Miletich, Mike… Read More

Engine OEMs forecast big hit to aftermarket revenue

Subscription Required Now open to all readers. By Scott Hamilton May 5, 2020, © Leeham News: The COVID crisis will damage the aerospace aftermarket in ways that are only beginning to be understood. As key companies report 1Q… Read More

Collapse of Boeing-Embraer JV gives Mitsubishi Aircraft new opportunities

Subscription Required By Scott Hamilton Introduction May 4, 2020, © Leeham News: The collapse of the Boeing-Embraer joint venture removes a major cloud over another Boeing agreement with a different airframe company. Long ago, Boeing and Mitsubishi Aircraft… Read More

Pontifications: Ugly, fundamental changes coming for airline industry

May 4, 2020, © Leeham News: The global airline industry is on the cusp of a fundamental restructuring that will be painful, and painfully long. A few airlines already ceased operations. Several others are on the brink of… Read More

Better to bring capacity back with a 777X or 777-300ER

Subscription Required By Vincent Valery Introduction   April 30, 2020, © Leeham News: The travel restrictions implemented in the aftermath of the COVID-19 outbreak lead to an unprecedented collapse in global passenger traffic. These travel restrictions should remain in… Read More

Boeing techs ratify contract extension

By Bryan Corliss April 29, 2020 © Leeham News — Unionized technical workers who initially rejected a proposed contract extension with Boeing have changed their minds. Their union – the Society of Professional Engineering Employees in Aerospace (SPEEA)… Read More

Boeing to cut rates on 787, 777 production; posts big 1Q loss

By Scott Hamilton April 29, 2020 © Leeham News: Boeing will cut production rate of the 787 in half and the 777 from 5/mo to 3/mo in response to the dramatic drop in demand from the COVID crisis…. Read More

HOTR: Product development another victim of virus crisis

By the Leeham News staff April 28, 2020, © Leeham News: The Coronavirus not only decimates the airline industry. It’s going to completely upend the product strategies of Airbus, Boeing and Embraer. Boeing is most immediately affected.

Boeing sees air traffic recovering in 2-3 years; production will take longer

By Scott Hamilton April 27, 2020, © Leeham News: Passenger traffic should recover to 2019 pre-COVID-19 levels in two to three years. But resuming production at pre-COVID rates will take longer. Boeing also needs to borrow more money… Read More