A new master agreement between Boeing and leading aerostructures supplier Spirit AeroSystems (SPR) is expected to be signed this month that should resolve penalty payments over 737 production delays in 2018.
Brazilian manufacturer Embraer posted a second-quarter 2018 consolidated net loss of $124.7 million, a reversal from the company’s $72.1 million net profit showing for 2Q 2017.
Following months of negotiations, Boeing and Embraer have signed an MOU to set up a joint venture (JV) comprising Embraer’s commercial aircraft and services business.
The number of Bombardier C Series deliveries in the first half of the year is well short of the pace needed to hit the company’s full-year target of 40, but recent improvements suggest the mark could still be within reach.
Bombardier will unveil the first production-line installation of its new Atmosphere cabin, on a CRJ900 bound for Delta Air Lines, at next month’s Farnborough Airshow, using the event as the centerpiece of its post-C Series focus on the 60-100-seat regional aircraft market.
Airbus and TAP Portugal have begun flying the first production A330neo to demonstrate its readiness for airline operations, as the program is in the home stretch to certification.
Aircraft lessor Dubai Aerospace Enterprise (DAE) Capital signed agreements to sell 16 aircraft, valued at approximately $900 million.
Airbus is pushing out a decision on whether to go ahead with upgrades of its A320neo family aircraft, as the company continues to face tough challenges in ramping up narrowbody production and with the in-service A320neo fleet.
Russia`s Irkut Corp. completed assembly of the second flight test MC-21-300.
How much pain would Boeing feel if China decides to target U.S.-made aircraft in retaliation for President Donald Trump’s tariffs on aluminum and steel?