Airbus reported its full-year results (FY) 2020 on the 18 February 2021, 09.15 am, (Paris Time). Key Points: Net commercial aircraft orders totaled 268 (2019: 768 aircraft)Airbus suffered a full-year net loss of 1.13 billion euros ($1.36 billion).Airbus turned a profit in its fourth quarter showing signs of a reversalOrder backlog comprising 7,184 commercial aircraft (as … [Read more...] about Airbus full-year results (FY) 2020: Airbus Cautious on 2021
Key Points: Airbus appears to be pulling ahead of Boeing in the single- aisle jet raceThe Airbus A321neo the leading the single-isle capacity aircraft3,000 A321neo orders vs. 450 orders for the 737 Max 10Tariffs not helping Boeing in European markets Boeing 737 MAX narrow-body jets will likely lead the airframer out of the Covid-19 induced suppressed demand for … [Read more...] about Time for Boeing to launch a larger single-aisle jet?
Key Points: 26 commercial aircraft delivered to customersOrder backlog of 4,016 aircraft21 737 MAX aircraft delivered in January777X forecast remains the same Boeing has reported the company delivered 26 commercial aircraft to customers last month but order cancellations continued to outpace new sales as the manufacturer is still struggling in the Covid-19 … [Read more...] about Aircraft cancellations continue to outpace sales for Boeing
Key Points: Boeing shares fell nearly 4% after its earnings report2020 net loss hit a record of $11.9 billion737 Max grounding and the coronavirus pandemic both contributory factorsTotal company backlog at quarter-end was $363 billionOperating cash flow of ($4.0) billion Covid-19 has decimated air travel globally and the aircraft manufacturers are now really feeling … [Read more...] about Boeing pushes 777X deliveries to late 2023 as the company posts record annual loss
Following 20 months of investigation and work the FAA approves the Boeing 737 MAX as airworthy The Federal Aviation Administration (FAA) has cleared the Boeing 737 MAX to fly. Key Points: FAA approves 737 MAX to flyAirworthiness approval follows a nearly two-year engineering and re-certification programRe-certification of the aircraft enables Boeing to begin handing … [Read more...] about FAA Approve the Max to Fly