Boeing Demands $60 Billion in Aid for U.S. Aviation Sector
Aerospace News

Boeing Demands $60 Billion in Aid for U.S. Aviation Sector

Boeing Tuesday demanded a $60 billion lifeline aid for the struggling U.S. aerospace manufacturing sector, which is suffering from huge losses from the grounding of 737 MAX and coronavirus pandemic. Boeing spokesperson Gordon Johndroe subsequently stated the company “helps a […]

Safran Pull up Socks for 737 MAX Fallout After Hitting 2019 Estimations
Aerospace News

Safran Pull up Socks for 737 MAX Fallout After Hitting 2019 Estimations

France’s Safran reported a stronger-than-anticipated climb last year core profit headed by jet engine spare components; however, warned of flat-to-lower 2020 revenue hit by Boeing’s 737 MAX grounding crisis. Safran co-produces the jet’s engines with General Electric and makes the majority […]