Shanahan: Spirit AeroSystems and Airbus need to have “family meeting”

By the Leeham News Team May 7, 2024, © Leeham News: For a company actively negotiating its own dismemberment, Spirit AeroSystems managed to record first quarter losses even worse than Wall Street expected. The company recorded $617M in losses… Read More

Boeing CEO promises company is turning around…again

By the Leeham News Team April 24, 2024, © Leeham News: Boeing burned about $3.9B in free cash and posted a loss of $1.13 per share during the first quarter, the company reported on Wednesday. It also reported… Read More

Airbus and Boeing need each other for healthy supply chain

Subscription required By Dan Catchpole March 11, 2024, © Leeham News: In the public arena, Boeing is flailing. It’s the subject of public rebukes by government officials, a new criminal investigation by the US Department of Justice, and… Read More

Airbus should tread carefully

Airbus announces is 2023 earnings on Feb. 15. Subscription Required  By the Leeham News Team  Analysis Feb. 12, 2024, © Leeham News: United Airlines has reportedly been looking to Airbus to replace the Boeing 737 Max 10s that… Read More

Quality Will Drive Pay for Spirit Executives

By Dan Catchpole Feb. 6, 2024 © Leeham News: Quality more than quantity will drive Spirit Aerosystems executives’ compensation when the company unveils its new formula when it files its proxy statement in March, the company’s CEO Pat… Read More

Certifications of MAX 7 and 10 may take hit from 737-9 grounding

Subscription Required By Scott Hamilton Jan. 22, 2024, © Leeham News: The grounding of the Boeing 737-9 MAX is likely to delay certification of the 737-7 and 737-10, customers fear. At a minimum, certification of the 737-7 is… Read More

FAA boosts oversight of Boeing; undelivered MAX 9s have discrepancies

By the Leeham News Team Jan. 12, 2024, © Leeham News: The Federal Aviation Administration today announced it is boosting its oversight of Boeing production and manufacturing on the 737-9 MAX. The FAA’s been overseeing Boeing deliveries of… Read More

Spirit Focused on Delivering On Time and At Quality

By Dan Catchpole Subscription Required Nov. 6, 2023, © Leeham News: Spirit Aerosystems’ new CEO Pat Shanahan’s focus right now is “to restore confidence in the company” with its biggest customers—Airbus and Boeing. During a Nov. 1st conference… Read More

Howmet Aerospace Exhibits Strong Revenue Growth Driven By Commercial Aerospace, Girds For OE Rate Increases

Subscription required By Chris Sloan Nov. 1, 2023, © Leeham News : Howmet Aerospace reported third-quarter revenues of $1.66bn, up 16% year over year, primarily driven by growth in commercial aerospace of 23%. Overall, the company achieved an… Read More

Q3 Could Be Boeing’s Reddest Earnings Report This Year

Subscription Required By Dan Catchpole The U.S. Air Force accepted the first of five T-7A Red Hawk test aircraft from Boeing on Sep. 14th. (Image courtesy of USAF and Boeing Co.) October 23, 2023, © Leeham News: Wall… Read More