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...The US and UK still dominate commercial jet engine production, said Richard Aboulafia, managing director of AeroDynamic Advisory....
...Ryanair boss Michael O’Leary, another large Boeing customer, has expressed his “disappointment” at Calhoun’s departure, blaming the layers of management below him running the commercial business near Seattle...
...John GriffithsFormer Chief Economist, Boeing Commercial Airplanes, Seattle, WA, US...
...Boeing also announced that Stan Deal, the head of its commercial airplane division, which has been at the centre of the recent crisis gripping the group, will retire and will be replaced by the company’s...
...Given the level of government scrutiny facing Boeing and its manufacturing difficulties, aligning regulatory and commercial interests might seem sensible....
...’s commercial plane division, in a memo to employees....
...Moody’s downgraded Boeing’s senior unsecured debt rating to one notch above junk with a negative outlook, citing “inadequate performance” of the company’s commercial planes business....
...Boeing reported a $355mn net loss in the first quarter, reflecting slower 737 Max production and compensation to customers after a door panel blew out on a commercial flight....
...Integrating Spirit would put further pressure on Boeing’s commercial aircraft team, while Boeing’s balance sheet could do “without the cost acquiring Spirit”, Stallard said....
...Bombardier ended up partnering with Airbus on the model in 2017 before selling out to the European giant and quitting the commercial sector in 2020 to focus on private jets....
...Boeing has slowed the pace of its assembly line in Renton, Washington as it deals with the aftermath of a midair blowout of a door panel on a commercial flight three months ago....
...Even before a door panel blew off an Alaska Airlines 737 Max 9 aircraft mid-flight in January, Boeing had been the subject of a string of safety and operational controversies in its commercial aircraft division...
...Apologies by Calhoun and Stan Deal, Boeing’s head of commercial airplanes, appear to have carried weight with some of the company’s constituents....
...“We have let down our airline customers and are deeply sorry for the significant disruption to them, their employees and their passengers,” Stan Deal, president and chief executive of Boeing Commercial Airplanes...
...She has a strong record of delivering profits at Boeing’s services business while both the commercial and defence divisions floundered....
...normal operating conditions for a commercial jetliner....
...But that is no comfort to the thousands of passengers who board 737s and other Boeing jets each day, given its near duopoly with Airbus in supplying large aircraft to commercial airlines....
...Later on Wednesday, citing the “inadequate performance” of Boeing’s commercial planes business and its hampered cash flow, Moody’s downgraded its senior unsecured debt rating to one rung above junk status...
...Stan Deal, head of Boeing’s commercial aeroplanes unit, will retire with immediate effect. Lawrence Kellner, board chair, said he would not stand for re-election in May....
...Stan Deal, head of Boeing’s commercial plane division, said in a memo to employees that Ed Clark, a vice-president and general manager of the Seattle-area factory where the Max is built, “is leaving the...
...Chief commercial officer Andrew Harrison said it had extended the retirement of older aircraft over the next few months, while using jets across the fleet more frequently....
...We will also work closely with our airline customers as they complete the required inspection procedures to safely return their 737-9 airplanes to service.”...
...Ryanair chief executive Michael O’Leary, who has an order book of 400 Boeing aircraft, welcomed the changes at the top of Boeing’s commercial business, which he said he hoped would help to “eliminate Boeing...
...Lina Khan, Federal Trade Commission chair, presents Boeing as a cautionary tale of the pitfalls of “national champions”; turning it into a too-big-to-fail domestic monopoly in commercial aircraft lessened...
...“We agree with and fully support the FAA’s decision to require immediate inspections of 737-9 airplanes with the same configuration as the affected airplane.”...
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