Share this
Bombardier is considering reacquiring the Spirit AeroSystems facility in Belfast, which is critical for its jet programs
July 25, 2024 - As Spirit AeroSystems plans to sell the plant, Bombardier CEO Éric Martel emphasized the importance of maintaining high standards for existing contracts and expressed interest in potentially buying the facility if necessary. (AIN)
July 25, 2024 - As Spirit AeroSystems plans to sell the plant, Bombardier CEO Éric Martel emphasized the importance of maintaining high standards for existing contracts and expressed interest in potentially buying the facility if necessary. (AIN)
Textron is close to acquiring Spirit AeroSystems' fuselage program for the V-280 military aircraft, as part of the larger deal where Boeing is buying Spirit's assets
July 24, 2024 - This move follows Boeing's $4.7 billion deal to acquire Spirit, with various assets being redistributed, including core activities to Airbus and the V-280 program to Textron. The value of the Textron deal remains unclear, but it is part of a broader strategic shift in Spirit's defense work. (Reuters)
July 24, 2024 - This move follows Boeing's $4.7 billion deal to acquire Spirit, with various assets being redistributed, including core activities to Airbus and the V-280 program to Textron. The value of the Textron deal remains unclear, but it is part of a broader strategic shift in Spirit's defense work. (Reuters)
Saudi Arabia's Military Industries Company has signed agreements with Lockheed Martin and Airbus Helicopters to enhance its MRO capabilities for C-130 Hercules aircraft and helicopters
July 24, 2024 - This move will position SAMI among the few authorized service centers for C-130 MRO and advance local MRO operations, bolstering Saudi Arabia's defense sector. (Gulf News)
Russia has withdrawn from the joint development of the C929 long-haul airliner with China, a project initially agreed upon in 2014
July 24, 2024 - The Commercial Aircraft Corporation of China has confirmed that Russia is no longer involved, with recent airshows and updates omitting any mention of Russian participation. This shift follows Russia's invasion of Ukraine and subsequent international sanctions affecting aviation parts and production. (Newsweek)
July 24, 2024 - The Commercial Aircraft Corporation of China has confirmed that Russia is no longer involved, with recent airshows and updates omitting any mention of Russian participation. This shift follows Russia's invasion of Ukraine and subsequent international sanctions affecting aviation parts and production. (Newsweek)
The US has approved a potential $2.8 billion logistics and sustainment contract for Saudi Arabia, which includes support for various US-made aircraft and associated systems
July 23, 2024 - This deal aims to enhance Saudi Arabia's defense capabilities and includes no single prime contractor. While there are potential objections from Congress, the agreement reflects the Biden administration's evolving relationship with Saudi Arabia amid broader regional security and diplomatic efforts. (Breaking Defense)
July 23, 2024 - This deal aims to enhance Saudi Arabia's defense capabilities and includes no single prime contractor. While there are potential objections from Congress, the agreement reflects the Biden administration's evolving relationship with Saudi Arabia amid broader regional security and diplomatic efforts. (Breaking Defense)
At the Farnborough International Airshow, Airbus sold 69 planes, including significant orders from Japan Airlines and Virgin Atlantic
July 23, 2024 - Meanwhile Boeing led with 118, notably securing 20 777X aircraft from Qatar Airways and 20 737 MAX 8 planes from Macquarie AirFinance. Turkish Airlines delayed its anticipated Boeing order due to ongoing engine supplier discussions. (Forbes)
July 23, 2024 - Meanwhile Boeing led with 118, notably securing 20 777X aircraft from Qatar Airways and 20 737 MAX 8 planes from Macquarie AirFinance. Turkish Airlines delayed its anticipated Boeing order due to ongoing engine supplier discussions. (Forbes)
Boeing is losing over $1b a month due to supply chain issues, leaving around 200 mostly finished jets awaiting parts, some even parked in employee lots
July 22, 2024 - Delays in parts, exacerbated by pandemic-induced shortages, have significantly hindered Boeing's ability to deliver planes, contributing to its financial woes and impacting its production and reputation. Despite these challenges, Boeing is actively working to complete and deliver the parked aircraft. (Independent)
July 22, 2024 - Delays in parts, exacerbated by pandemic-induced shortages, have significantly hindered Boeing's ability to deliver planes, contributing to its financial woes and impacting its production and reputation. Despite these challenges, Boeing is actively working to complete and deliver the parked aircraft. (Independent)
Japan Airlines has ordered 10 Boeing 787-9 aircraft worth around $1.47 billion and taken options for 10 more, announced at the Farnborough Airshow
July 22, 2024 - JAL is also expected to finalize orders for 21 Airbus A350-800, 11 A321neo, and 10 Boeing 787 jets. (Reuters)
July 22, 2024 - JAL is also expected to finalize orders for 21 Airbus A350-800, 11 A321neo, and 10 Boeing 787 jets. (Reuters)
Korean Air is set to order around 20 Boeing 777X jets, with an announcement expected at the Farnborough Airshow
July 22, 2024 - This deal, first reported by Reuters, marks a significant boost for Boeing's delayed 777X program. The order comes as Boeing faces scrutiny over recent quality issues and follows Korean Air's earlier surprise purchase of Airbus A350 jets. (Reuters)
July 22, 2024 - This deal, first reported by Reuters, marks a significant boost for Boeing's delayed 777X program. The order comes as Boeing faces scrutiny over recent quality issues and follows Korean Air's earlier surprise purchase of Airbus A350 jets. (Reuters)
