Spirit Aerosystems

By Sean Broderick
But much like the Spirit deal’s closing, Boeing’s transition, assuming it comes at all, will not happen overnight.
Aircraft & Propulsion

By Michael Bruno
Boeing announced it entered into a definitive agreement to acquire Spirit AeroSystems early July 1 which values the supplier at $4.7 billion.
Manufacturing & Supply Chain

By Sean Broderick
A new plan focuses on tracking airplane production basics as key to addressing issues and eventually increasing production.
Manufacturing & Supply Chain

By Jens Flottau, Robert Wall
Despite strong demand for new commercial aircraft, supply chain woes are forcing Airbus to delay rate targets and may make it sell parts of the space business.
Manufacturing & Supply Chain

By Sean Broderick
Boeing developed the plan in response to an FAA 737 production audit and an expert panel’s report on Boeing’s organizational safety.
Safety, Ops & Regulation

By Michael Bruno
Meanwhile, the Spirit board has tapped one of its own, Irene Esteves, to take over while the company tries to sell itself to Airbus and/or Boeing.
Manufacturing & Supply Chain

By Sean Broderick
The FAA’s increased inspections, audits and production limit put in place at Boeing following January’s 737-9 door plug panel blowout will remain in place.
Safety, Ops & Regulation

By Sean Broderick, Michael Bruno
The manufacturer’s key targets for 737 and 787 production remain in place, but mounting problems in the short run will not spare its balance sheet.
Manufacturing & Supply Chain

By Michael Bruno
Now CEO of Hexcel, Tom Gentile has been reflecting on his time at the helm of troubled aerostructures giant Spirit AeroSystems.
Manufacturing & Supply Chain

By Michael Bruno
The Wichita company pledged to conduct the layoffs “in as compassionate a manner as possible.”
Aircraft & Propulsion

By Brian Everstine
Boeing’s planned acquisition of supplier Spirit AeroSystems has raised some concerns on Capitol Hill and among major defense companies.
Supply Chain

By Michael Bruno, Sean Broderick
Prosecutors said Boeing breached obligations under the agreement, failing to design and enforce compliance to ward off future violations of U.S. fraud laws.
Safety, Ops & Regulation

By Michael Bruno
A lack of negotiations with Airbus over repricing shipsets for the European OEM—if not also a sale of related business units—is proving more harmful.
Aircraft & Propulsion

By Tony Osborne
A composite, single piece main wing was among the advances developed by Spirit AeroSystems as part of the UK’s now-canceled Mosquito.
Aircraft & Propulsion

By Sean Broderick, Michael Bruno
Supply chain problems with different root causes will keep output below previous forecasts for much of 2024, as 737 challenges draw more scrutiny.
Manufacturing & Supply Chain

By Michael Bruno
COVID-19 wiped out six years of growth and hundreds of billions of dollars in economic value.
Manufacturing & Supply Chain

By Jens Flottau
Airbus is raising production of its A350 widebody further to 12 aircraft per month despite the current supply chain constraints that show no signs of easing.
Aircraft & Propulsion

By Michael Bruno
Boeing ended the first quarter of 2024 owing consolidated net debt worth $40.4 billion, up from the $36.3 billion it owed at the end of 2023.
Aircraft & Propulsion

By Sean Broderick
Nearly flawless fuselages and a sufficient supply of heat exchangers are the two key pacing items determining Boeing’s monthly output of 737s and 787s.
Aircraft & Propulsion

By Michael Bruno
Hexcel reported first-quarter 2024 results including net sales of $472 million and adjusted diluted earnings per share (EPS) of $0.44 per share.
Aircraft & Propulsion

By Michael Bruno
A reckoning in Renton, Washington, and Wichita is triggering jitters over a potential earthquake across the supply chain.
Manufacturing & Supply Chain

By Guy Norris, Sean Broderick
Progress on 787 quality problems is challenged by whistleblower claims of long-term fleet safety risks.
Safety, Ops & Regulation

By Sean Broderick
Boeing is working to validate recommendations for inspections on 787 forward pressure bulkheads to identify potential problems in the critical subassemblies.
Manufacturing & Supply Chain

By Michael Bruno
Tom Gentile succeeds Chairman, CEO and President Nick Stanage, “who worked closely with the board on his desire to retire at the end of the year,” Hexcel says.
Manufacturing & Supply Chain

By Tony Osborne
A new Royal Air Force strategy lays out plans for the introduction of larger systems after having developed small, swarming platforms.
Aircraft & Propulsion