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Spirit Aero delays 2024 forecast on MAX production cap, Airbus talks - Vimarsana News

Spirit Aero delays 2024 forecast on MAX production cap, Airbus talks

(Reuters) -Spirit AeroSystems held off providing a forecast for 2024 on Tuesday, citing uncertainty on the timing of 737 MAX production increases at Boeing and ongoing price negotiations with Airbus that will focus on the A220 program. The move follows a similar announcement from Boeing last week on its 2024 forecast and comes as the companies face scrutiny from investors, regulators and lawmakers following the mid-air blowout on a 737 MAX 9 aircraft last month. "The quality and safety of the products we produce is paramount above all," Interim CEO Patrick Shanahan said in a statem...

Source: yahoo.com
Spirit AeroSystems to withhold 2024 financial outlook pending FAA decision on 737 MAX - Vimarsana News

Spirit AeroSystems to withhold 2024 financial outlook pending FAA decision on 737 MAX

Federal regulators barred Boeing 737 MAX production increases after a door plug in an Alaska Airlines plane blew out mid-flight.

Source: yahoo.com
Why Boeing Flew Lower in January - Vimarsana News

Why Boeing Flew Lower in January

Yet another problem with the 737 MAX has investors resetting their expectations.

Source: yahoo.com
Ex-Boeing Manager Says He Would 'Absolutely Not Fly' A Max Plane - Vimarsana News

Ex-Boeing Manager Says He Would 'Absolutely Not Fly' A Max Plane

"I saw the pressure employees were under to rush the planes out the door," Ed Pierson said following a blowout accident last month.

Source: yahoo.com
Boeing was once known for safety and engineering. But critics say an emphasis on profits changed that - Vimarsana News

Boeing was once known for safety and engineering. But critics say an emphasis on profits changed that

Part of the fuselage blowing off shortly after takeoff, leaving a gaping hole in the plane, and phones and clothing ripped away from terrified passengers. Investigations revealing sloppy work, including loose or missing bolts, instances of tools, trash and even empty tequila bottles left inside planes built for government clients. Worldwide groundings. Halts to deliveries due to quality issues.

Source: yahoo.com