As Airbus and Boeing production finally ramps up post-pandemic, industry may find some supplier plants where insufficient attention and investment have been made.
Hot-section turbine blade availability continues to pace CFM Leap new-engine production rates, but supplier Howmet insists its output is keeping up with demand.
Howmet Aerospace’s revenue and net income both grew at a steady clip in the third quarter thanks to strong demand for engines and within the aftermarket.
Perhaps it is a good sign that Howmet is raising its baseline expectations of 737 shipsets to Boeing by 10% coming out of the Farnborough International Airshow.
Howmet's John Plant, often seen as a shrewd prognosticator of large aircraft manufacturing rates, has slashed his company’s expectations for 737 shipments.
Howmet Aerospace beat Wall Street’s revenue and profit expectations in the fourth quarter of 2023 on the back of robust demand for its commercial products.
The FAA’s decision to freeze 737 MAX production levels likely does not have a significant effect on top suppliers, according to executives and analysts.
