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Michael Bruno

Analysts revise MAX outlook on extended grounding, delivery halts 
Momentum from the Paris Air Show is fading, and Wall Street analysts are quickly taking a sobering financial view of the Boeing 737 MAX issue now that an extended grounding of the aircraft and halt in deliveries could drag into the fourth quarter, at least.
Calio to succeed Leduc as Pratt & Whitney president
Senior United Technologies (UTC) aerospace executive Christopher Calio will succeed Bob Leduc as president of Pratt & Whitney in early 2020, UTC said June 25.
Bombardier CRJ family aircraft
Bombardier sells CRJ program to Mitsubishi for $550 million 
Japan’s Mitsubishi Heavy Industries and Bombardier have struck a deal on the sale of the Canadian manufacturer’s Canadair Regional Jet program for $550 million and assumption of some debt.
PARIS 2019: Spirit Aero shows new production technologies 
Wichita-based Spirit AeroSystems unveiled new production methods for carbon fiber composite materials that the company said will lower costs and increase production volumes on future aircraft components.
US report on airline IT outages finds few customer complaints 
A US government watchdog report on airline IT outages and their effect on passengers concludes that while a large majority of outage events lead to flight delays and cancellations, they account for less than 1% of customer complaints.
Analysts: Environmental risk grows for commercial airliner industry 
A group of financial analysts have said they suddenly see environmental concerns emerging as the next major risk to commercial aircraft deliveries, on top of international trade wars and other conflicts.
United Technologies, Raytheon agree to merge 
United Technologies and Raytheon have agreed to a merger, which could lead to a $74 billion company that provides a wider array of aircraft engines, parts, avionics, interiors, missiles and cyber technology than any other company.
Spirit AeroSystems cuts hours in response to MAX slowdown 
Spirit AeroSystems, the aerostructures provider for 70% of the Boeing 737, will shorten its workweek to 32 hours as a result of the aircraft’s production slowdown.
Boeing looks to ease supply chain strain in MAX production slowdown 
Boeing—looking at the health of its 737 production system and supply chain while MAX deliveries are halted and monthly manufacturing slowed—has a plan for raising production rates that includes potentially helping with financing for suppliers.
UBS analysis: Public perception of MAX not damaged too much 
Two crashes, 346 deaths, almost three months of groundings and a steady stream of new revelations about the Boeing 737 MAX still may have not much dented the aircraft’s image in the public’s mind, a public poll run by part of investment company UBS has suggested.
Analysts: eVTOL market could reach $13.8 billion by 2040 
Urban air mobility for the masses is not expected to take off for several years, but once it does it could become a multibillion-dollar enterprise that upends traditional aviation companies, say new consultant studies on electric vertical takeoff and landing (eVTOL) aircraft.
Boeing CEO: NMA timeline for 2025 entry into service ‘has not changed’ 
Boeing’s chief executive recently said that despite 737 MAX and other issues, the US manufacturer’s overall timeline for a potential new midmarket aircraft (NMA) “has not changed” and Boeing would expect a 2025 entry into service.
Collins Aerospace to expand commercial engine nacelle work at Foley plant 
Collins Aerospace executives are confident they can increase the capacity of their commercial engine nacelle operations here to meet future demands without growing their footprint or workforce, now that they have achieved delivery of the 1,000th nacelle for the A320neo program out of Foley, Alabama.
Aircraft lessors stay resilient in face of challenges 
The global Boeing 737 MAX grounding is not dooming lessors' financial results and may even help in the short term.
Embraer E195-E2
Embraer 1Q results deepen analyst concerns 
Brazilian manufacturer Embraer, which is selling off most of its commercial aircraft business to Boeing, missed Wall Street’s expectations for the first quarter of 2019, leaving financial analysts increasingly worried worse could be to come.
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Blogs & Commentary
Jul 18, 2019

A rough ride for Ryanair

Irish LCC Ryanair really isn’t having a good week, after losing its COO to easyJet, cutting its growth because of the Boeing 737 MAX grounding and facing industrial unrest among its UK pilots....More
Jun 27, 2019

EC’s clear message to the US: Don’t mess with Air Italy

EC Mobility and Transport director general Henrik Hololei’s letter to US State Department under-secretary Manisha Singh couldn’t be clearer: Hands off Air Italy or risk US airlines losing the many benefits and privileges they enjoy as part of the US-EU Open Skies agreement....More
Jun 25, 2019

US Big 3 glosses over UAE Open Skies outcome

Reading the US Partnership for Open & Fair Skies’ press release on the US-UAE joint government policy statement on their Open Skies agreement, the expression "lipstick on a pig" comes to mind. Except it’s more about gloss than lipstick....More

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