Leeham News and Analysis
There's more to real news than a news release.
11th 737 MAX on the assembly line as Boeing gears up for delivery next year
Oct. 11, 2016, © Leeham Co.: The 11th 737-8 MAX is already on the Boeing production line at the factory in Renton (WA). This one is for Lion Air, the Indonesian Low Cost Carrier that’s ordered 201 of… Read More
Farnborough Preview #3: Analysts weigh in
July 6, 2017: The industrial portion of the Farnborough Air Show (#FIA16 on Twitter) officially begins Monday and runs through Thursday. There are also some special events Sunday. LNC will be reporting from the Show throughout the week. Below… Read More
Spirit Aerosystems: Higher profits on lower revenue
July 29, 2015: Spirit Aerosystems, whose principal business is a major OEM supplier to Boeing but which also makes fuselage panels for the Airbus A350, reported lower revenues but higher profits for the FY2Q2015. The press release is… Read More
Analysts weigh in on Airbus investors day #1
Airbus announced on Day 1 of its two-day Investors Days that it will shift the A350 program to contract accounting for the first few airplanes, reports UBS Ltd. in its research note wrapping up Day 1. “Airbus has… Read More
Boeing should “dual source” 737 fuselage work–right here in Puget Sound
Boeing’s 737 line suffered a second disruption when a train carrying fuselages from Spirit AeroSystems derailed in Montana, sending three of six down an embankment and into a river. Source: PBS. The disruption may be short-lived, but nonetheless… Read More
Is Boeing Chicago misreading the SPEEA mood–as it did IAM 751 in 2008?
There have been many articles this week detailing the increasingly contentious, evolving situation in the contract negotiations between Boeing and the engineers union, SPEEA. We’ve previously written that this wasn’t going to be a love-fest. And it isn’t…. Read More
Spirit, Airbus and Boeing: take-aways from analyst day
Spirit Aerosystems held an aerospace analyst day March 7 and several reports have already been issued. Given Spirit’s close association with Boeing 7-Series programs, we thought the following is useful information. Spirit is also a major supplier to… Read More
Air Park with A350 contract in dire financial condition
The air park selected by Spirit Aerosystems as the location for a 500,000 sf facility to produce fuselage panels for the Airbus A350 is in dire financial condition and cannot repay state bonded indebtedness, according to a newspaper… Read More