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...with America’s Lockheed Martin and Raytheon....
...While Comac said it had received 1,061 orders as of last year from domestic Chinese airlines and leasing companies, it is still only likely to deliver nine aircraft this year, according to IBA....
...The company has had to slow production of the 737 Max as it sought to resolve manufacturing flaws and some airlines have had to amend their flight schedules because of delays in deliveries of Boeing aircraft...
...The company has cut the rate at which it produces 737 Max planes as it seeks to resolve manufacturing flaws, resulting in delivery delays that have forced some airlines to amend their flight schedules....
...Christopher Calio will take the reins from Greg Hayes, who has been RTX chief executive since 2020 when United Technologies, which he led, merged with Raytheon Company....
...French engine maker Safran is set to buy a flight controls business that is part of the Raytheon Technologies group in a deal it said would make it a leader in the segment....
...American Airlines ordered another 85 A321 neos from Boeing’s rival Airbus, and 90 E175 aircraft from Brazilian aerospace company Embraer....
...O’Leary, whose growth ambitions for Ryanair are reliant on Boeing aircraft, has been consistently supportive of the company’s top executives despite the production problems....
...A Boeing whistleblower testified to a US Senate committee that the aircraft manufacturer “absolutely” has a culture of retaliation against employees who raise safety concerns....
...But analysts are querying if the company would consider issuing equity, even as its share price trades at half its pre-pandemic price....
...the company’s Shandong base....
...The company, formerly known as Raytheon, said a $5.4bn sales charge in the third quarter resulted in an operating loss of $2.5bn at its subsidiary, after a discovery of contaminants in powdered metal used...
...The company this week reported burning almost $4bn in cash in the first quarter....
...The company also issued its first statement, stressing that its “primary focus” was the “quality and product integrity of the aircraft structures we deliver” and that it was continuing to work with Boeing...
...The company on Wednesday reported a $355mn net loss in the first quarter....
...The combined businesses under Safran would have sales of $1.8bn in 2024, the company estimated, compared with projected sales of $300mn for Safran’s own actuation business....
...The US aerospace and defence group, formerly known as Raytheon, said P&W will recall 600-700 engines from 2023 to 2026, leading to the grounding of an average 350 aircraft a year....
...It currently represents the only realistic way for the airline industry to reach its target of net zero by 2050, given that breakthrough technologies such as hydrogen- or electric-powered passenger aircraft...
...Greg Hayes, chief executive of Raytheon, said the company had “several thousand suppliers in China and decoupling . . . is impossible”....
...Raytheon declined to comment....
...Safran confirmed on Monday that it was in talks over the division that makes mechanical actuators for flight controls for most commercial aircraft models, as well as several military ones....
...In that context, we delivered 142 commercial aircraft,” said Guillaume Faury, Airbus chief executive....
...The company owns more than 1,400 passenger aircraft across a range of Boeing and Airbus models....
...“This adds to the impression that Boeing has forgotten how to build aircraft,” Cunningham added....
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