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Latest Articles in Planemakers

Boeing Gearing Up For 787 Move To South Carolina

The decision marks a watershed moment in a decade-long saga that has seen the 787 emerge as an alternative cash cow to the 737 MAX, grounded for 18 months after fatal crashes.

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737 MAX Crash Victims Seek U.S. Legislation To Block Boeing Legal Strategy

Boeing has already settled the majority of lawsuits related to the Lion Air crash but is still the target of a U.S. federal criminal probe and investigations by U.S. lawmakers and aviation and transportation authorities.

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Airbus Trims A350 Output, Quarterly Loss Worse Than Expected

The planemaker also said it hoped to avoid consuming cash in the second half of the year after a second-quarter outflow of 4.4 billion euros as deliveries tumbled because of the collapse in air travel caused by the coronavirus.

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Airbus Offers Subsidy Concession To End US Tariffs

The Asia Pacific air transport industry is taking initial steps towards restarting international operations by working closely with governments, health authorities and other stakeholders.

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Big US Boeing Customers Want The 737 MAX But Say Contracts Need Re-Set

Boeing is behind on hundreds of 737 MAX deliveries since regulators grounded the jet worldwide last year in the aftermath of two crashes that together killed 346 people.

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Southeast Asia Budget Airline Boom Turns Sour For Planemakers, Lessors

Auditors for Malaysia's AirAsia Group Bhd and Vietnam's VietJet Aviation JSC are concerned about cashflows and funding, while Indonesia's Lion Air has put the brakes on a planned flotation.

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Airbus H1 Deliveries Hit 16-Year Low Despite June Bounce

Airbus has said it faces an average 40% drop in business over the next two years, forcing it to cut 15,000 jobs, or 11%, of its workforce. Unions oppose compulsory cuts.

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Airbus Exec Says Jetmaker Reaches New Production 'Sweet Spot'

Airbus recently announced output cuts of 33%-42% to limit damage as the pandemic grounded airlines around the world

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Lufthansa Warns Of Threat To Its $10 Billion Bailout Deal

Lufthansa's biggest shareholder, German billionaire Heinz Hermann Thiele, criticised the 9 billion euro ($10.1 billion) bailout, saying he had raised his stake in Lufthansa to over 15% and hoped alternative options could be explored.

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Boeing Jet Deliveries Sink To Just Four In May

Customers also canceled orders for another 18 planes last month, including 14 MAX jets that were the company's top-selling plane until a pair of crashes just over a year ago.

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Anand Stanley Appointed As President Of Airbus Asia Pacific

He succeeds Patrick de Castelbajac, who is leaving Airbus. Based in Singapore, Stanley will lead the strategy and future positioning of Airbus and its divisions across the region.

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Airbus Jobs On Wire As Underlying Output Falls 40%

Estimated labour force of 35,000 people involved in production, and associated engineers and support, at Airbus would fall by the equivalent of some 14,000 full-time posts with the 40% underlying reduction

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Embraer Seeks Business Partners But Not A Repeat Of The Boeing Deal

That plane was initially developed by a smaller company, Canada's Bombardier, whose jet project was acquired by the European planemaker.

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Boeing Takes Embraer To Arbitration Over Failed Aviation Deal

US planemaker abruptly broke off the deal after Embraer took Boeing to arbitration

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Boeing Set To Announce Significant U. Job Cuts This Week - Union

Boeing recorded zero orders for the second time this year and customers canceled another 108 orders for its grounded 737 MAX plane compounding its worst start to a year since 1962.

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