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

The Squeeze on Embraer

Subscription Required Now open to all readers. By Scott Hamilton Introduction April 27, 2020, © Leeham News: The collapse of the Boeing-Embraer joint venture Saturday resurfaces the squeeze Embraer was under when the deal was announced in 2018…. Read More

Pontifications: Taking a knife to a gunfight

April 27, 2020, © Leeham News: There is a great line in the movie, The Untouchables. Sean Connery’s character tells an assassin that he’s bringing a knife to a gunfight. That’s what came to mind when Embraer says… Read More

Embraer: Boeing wrongfully terminated JV, will seek remedies

April 25, 2020: (C) Leeham News: Embraer says Boeing wrongfully terminated the joint venture agreement due to its own problems and reputational damage. “Embraer believes strongly that Boeing has wrongfully terminated the MTA, that it has manufactured false… Read More

Analysis: The collapse of the Boeing-Embraer joint venture

By the Leeham News Team Analysis April 25, 2020, © Leeham News: The Boeing-Embraer joint venture is off. Boeing called off the JV, saying Embraer didn’t satisfy all the conditions required. The impact to Embraer is more profound… Read More

Boeing walks from Embraer joint venture

By Scott Hamilton April 25, 2020, © Leeham News: Boeing today pulled the plug on its proposed joint venture with Embraer. It claimed the Brazilian company failed to meet all the terms and conditions required of the JV… Read More

Pontifications: Airlines, OEMs step up in virus crisis

April 13, 2020, © Leeham News: There are plenty of stories and photos floating around the Internet about airlines flying empty or nearly so. Schedules have been pared back up to 95% across the globe. Spot-check Flightradar24 at… Read More

Is COVID-19 a Force Majeure event?

Editor’s Note: Airbus, Boeing and Embraer and other OEMs face requests for deferrals and perhaps cancellations of orders as a result of COVID-19. In addition, Boeing now faces cancellation requests for the 737 MAX grounding, now in its… Read More

Pontifications: Critical step in Boeing MAX recertification target: May

March 30, 2020, © Leeham News: Barring further issues, the FAA Type Inspection Authorization for the MAX is targeted for the second half of May, LNA learned. This is a critical step in recertifying the airplane. Also barring more… Read More

Embraer had a better 2019 than 2018

By Bjorn Fehrm March 26, 2020, ©. Leeham News: Embraer presented its full-year 2019 results today and held an analyst call with the CEO, Francisco Gomes Neto, and the CFO, Antonio Carlos Garcia. The company posted a loss,… Read More