Eric Bernardini News Today

Hobart is one of many suppliers that dot Boeing's home turf around Puget Sound in Washington state, and the Bresters had planned to double their four-person workforce to meet Boeing's ambitions for increased production of its best-selling 737 jets. Hobart supplies parts to larger companies that sell directly to Boeing. Those plans are now up in the air after U.S. regulators curbed Boeing's production following a mid-air jet panel blowout, and the Bresters are not alone.

For dealmakers, this week’s Paris Air Show will showcase the boom in demand for commercial planes and military technology. Airbus Chief Executive Guillaume Faury said things have begun to stabilise. But there is an emerging consensus that the industry’s sprawling supply chain - strained by rising costs, parts shortages and a scarcity of skilled labor in the wake of the pandemic - will have to be remade before it can recover fully, a process that will take years.

For dealmakers, this week's Paris Air Show will showcase the boom in demand for commercial planes and military technology. What won't be on display is the

An Alitalia plane approaches to land at Fiumicino airport in Rome, Italy. REUTERS/Max Rossi/File Photo

For dealmakers, this weeks Paris Air Show will showcase the boom in demand for commercial planes and military technology. What wont be o

By Aradhana Aravindan and Eric M. Johnson SINGAPORE/SEATTLE (Reuters) - Supply chain shortages and wage inflation are at the top of a list of concerns...

Disruptions, which are also hitting commercial aviation, are beginning to drive up costs and risk slowing down the aerospace industry's recovery from the COVID-19 pandemic.

Aerospace Industry Will Struggle to Turn Profit in 2021, Report Says Brett Haensel, Bloomberg News A model of a Silvercrest business jet engine inside the Safran SA plant in Villaroche, France, on Monday, March 15, 2021. Safran has signed a EU500 million loan agreement with the European Investment Bank to finance research on future aircraft propulsion systems. Photographer: Nathan Laine/Bloomberg , Bloomberg (Bloomberg) -- The commercial aeros...

GE in talks to merge aircraft leasing unit with AerCap CNN 3/9/2021 By Chris Isidore, CNN Business © Zhang Daozheng/VCG/Getty Images An Airbus A320neo aircraft is seen during a delivery ceremony of GECAS first A320neo aircraft assembled in Airbus Tianjin to Colorful Guizhou Airlines on December 29, 2020 in Tianjin, China. (Photo by Zhang Daozheng/VCG via Getty Images) General Electric is in talks to combine its massive aircraft leasing unit with rival AerCap Holdings. Popul...