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Boeing Gets Flurry of Orders at International Airshow

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Published: Monday, 22 July 2024 16:36

Orders placed by Korean Air and Japan Airlines mark a much-needed show of confidence in the embattled plane maker

Boeing increase; green up pointing triangle received orders for up to 70 airplanes at the Farnborough International Airshow, marking a much-needed show of confidence in the embattled plane maker.

The deals from Korean Air and Japan Airlines come as Boeing grapples with production slowdowns and regulatory scrutiny in the wake of January’s near catastrophe on an Alaska Airlines flight. The production cut is causing the company to burn through billions of dollars in cash each quarter.

Currently, about 200 fully or mostly finished airplanes are parked in airfields, outside plants or other locations, awaiting parts such as interiors or engines.

This week, plane makers are gathering at Farnborough, one of the world’s largest aviation trade fairs, where they tend to highlight their latest products and technological advances, while also trumpeting deals for new passenger, cargo and military aircraft.

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Embraer Plots a New Jet to Rival Boeing

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Published: Monday, 03 June 2024 13:36

May 1. Brazilian plane maker Embraer explores creating a new passenger aircraft that WSJ aviation reporter Ben Katz says would compete head-on with offerings from Airbus and Boeing. Plus, police remove pro-Palestinian demonstrators at Columbia University in New York and intervene amid violent clashes at UCLA. And, we dive into some of the themes playing out this earnings season, including the AI craze and the return of business travel. Luke Vargas hosts.

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Boeing’s Latest Trouble Is a Jet Part Caught Up in Russia Sanctions

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Published: Monday, 27 May 2024 13:33

Plane maker can’t deliver enough 787 Dreamliners after sanctions disrupted production of heat exchangers
 
Boeing has more parts trouble, but this time it doesn’t stem from manufacturing snafus or the 737 jet. The blame goes to Russia sanctions still rippling through the jet maker’s supply chain.

In the opening days of Russia’s invasion of Ukraine, a maker of a temperature-regulating part for Boeing’s 787 Dreamliner ceased its Russian operations and shifted production west. At the time, Boeing was building so few of the jets that the supplier, RTX RTX 0.05%increase; green up pointing triangle, was able to keep up with demand.

But now the jet maker is trying to increase production of the wide-bodies, and RTX’s new factory lines in the U.S. and U.K. aren’t making enough.

“When the invasion happened, it got moved, and the capacity of that supplier has not kept pace with us,” Boeing Chief Executive Dave Calhoun said this past month. 

In a demonstration of how relatively simple glitches can reverberate through a global supply chain, Boeing’s inability to secure enough heat exchangers, a critical but relatively basic part akin to a radiator, in part led it to warn investors that it won’t deliver as many of the Dreamliner jets as anticipated this year.

The slowdown will sap the company’s already strained cash flow, with fallout extending to airlines and the flying public. 

American Airlines last week blamed Dreamliner delays in announcing moves to trim some international and long-haul routes this year and next. The airline, while not ending service to any destinations, will cut back on fall and winter flights on certain routes to Europe, South America and Hawaii and is ending some summer seasonal routes earlier than planned.

Heat exchangers pull in cool air from the outside to prevent overheating. Each plane has several, which are used on a number of systems. The heat exchangers affected by the shortage help regulate the temperature of electronics on the plane, and for its environmental control system, which runs air conditioning and cabin pressurization. Jet engines also rely on heat exchangers, but those components aren’t affected by the delays.  

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Boeing Deliveries Slow in April

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Published: Monday, 20 May 2024 13:32

Boeing delivered 24 commercial airplanes in April, the lowest number so far this year, as the company works through quality issues in the wake of the Alaska Airlines door plug blowout involving a 737 MAX jet.
MAX deliveries also hit a low for the year at 16.

The company has said it aims to ramp up production toward the end of the year. Boeing has delivered 83 MAX jets so far this year, down from 130 during the same period last year.
The company's backlog as of April 30 stood at 5,646, including 4,340 737s.

Boeing's shares were recently up about 1.5%.

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