Michael Bruno

Michael
Bruno
Articles
Boeing exec: 737 MAX changes to be approved soon 
Changes to the 737 MAX as a result of the crash of Lion Air flight JT610 are expected to be approved by US authorities “in the coming weeks,” Boeing Commercial Airplanes’ (BCA) top salesman said March 21.
Slattery, Allen to lead Boeing-Embraer joint ventures 
Embraer’s John Slattery will be the first CEO of the Boeing-Embraer commercial aircraft joint venture (JV) the manufacturers expect to launch by the end of the year, reporting to Boeing’s Marc Allen, who will take a new position in charge of Boeing’s JVs with Embraer, the companies announced March 20.
Report: Urban air mobility market to reach $15.2 billion by 2030
The urban air mobility (UAM) market is forecast to expand at a compound annual growth rate (CAGR) of 11.33% through 2030, according to a new report.
Embraer CEO to step down April 22
Paulo Cesar de Souza e Silva will step down as chief executive of Embraer on April 22, and an unidentified, external successor will be named on or before then, the Brazilian manufacturer announced late March 18.
Embraer posts 2018 net loss, Boeing deals may slip to end of year
Embraer delivered 90 commercial aircraft last year, the manufacturer confirmed March 14, in line with what the company advised in January, but its financial results for 2018 and expectations over closing two Boeing mergers left analysts and investors underwhelmed.
Embraer shareholders approve Boeing buyout 
Boeing and Embraer expect to close their deal-making over commercial and defense aircraft joint ventures (JVs) by year’s end, the two manufacturers said Feb. 26, after Embraer shareholders approved the proposals.
IFC provider Gogo expects investors, no longer considering sale
Inflight connectivity (IFC) provider Gogo, which was once considering selling or splitting up the company, now expects to close on a large investment this year as it eyes major growth—a dramatic turnaround for a company seemingly on the brink of collapse just last summer.
Boeing, Spirit AeroSystems train for 57-per-month 737 production rate 
Boeing and Spirit AeroSystems, a subassembly provider to Boeing 737 and other commercial programs, are practicing for a narrowbody production rate of 57 aircraft a month in Wichita, Kansas.
Boeing 737 MAX 7 in new “Boeing Blue” livery
Boeing embeds more workers at CFM, suppliers to boost production 
Boeing is embedding more employees at factory sites of engine-maker CFM International and its suppliers as the aircraft OEM tries to help its supply chain overcome narrowbody production rate ramp issues that linger from 2018, even as industry looks to boost manufacturing again this year.
Credit Analysts: Boeing buyoff will leave Embraer weaker 
Credit analysts say Boeing’s purchase of most of Embraer’s commercial aircraft business (and rights to sell military KC-390s) may be a boon to the US manufacturer, but the Brazilian company will be left with a weaker profile for the near future.
Brazil president approves Boeing-Embraer deal 
The office of Brazil’s new president Jair Bolsonaro said he would not block Boeing’s proposed purchase of 80% of Embraer’s commercial business.
Boeing to pay $4.2 billion for Embraer commercial business 
Boeing and Embraer have hammered out terms of their proposed commercial business merger, including a Brazil-based management that reports to Boeing chairman, CEO and president Dennis Muilenburg, as well as for a joint venture (JV) to make and sell the medium-lift KC-390 military transport aircraft.
Honeywell to move global HQ to North Carolina 
Honeywell said Nov. 30 it plans to move its corporate headquarters to Charlotte, North Carolina, from Morris Plains, New Jersey.
UTC closes Rockwell Collins deal; will divest non-aero companies 
United Technologies Corp. (UTC) closed on its record-making $30 billion acquisition of Rockwell Collins Nov. 26, and announced it will spin off non-aerospace business units Carrier and Otis Elevator Co. and become a pure-play, potentially $50 billion Tier 1 aerospace parts, engines and services provider.
Inmarsat, Panasonic Avionics partner on inflight connectivity 
Satellite communications specialist Inmarsat and Panasonic Avionics announced Sept. 19 they will combine their broadband inflight connectivity (IFC) services in a “landmark” deal to offer IFC to commercial aviation customers.
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Blogs & Commentary
Mar 13, 2019
blog

US, under pressure, grounds MAX

A stunning week, beginning with the second crash of a Boeing 737 MAX and, three days later, every single MAX is grounded—and the US was last to make that call....More
Mar 13, 2019
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FAA, US airline leaders need to speak up on MAX

News this morning that Canada has grounded the Boeing 737 MAX is highly significant and truly leaves the US isolated on this issue....More
Mar 12, 2019
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MAX crash divides US from rest of world on aviation safety calls

The immediate aftermath of the Ethiopian Airlines’ Boeing 737 MAX crash is stunning. While it is not unprecedented for the aviation authorities and airlines of non-US countries to diverge from FAA on when an aircraft grounding is necessary, it is unusual. And the scale of this divergence is unprecedented....More

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