I attended and spoke at Titanium USA held in Austin October 6-8. The most pertinent takeaways: Overall, the tone of the conference was upbeat In the long term, demand for titanium from aerospace and other markets will remain strong In...
Last month, Aperam signed a definitive agreement to acquire Universal Stainless in an all cash deal. Aperam is a European headquartered global supplier of stainless, electrical and specialty steel and recycling. Universal is a US-based, aerospace-focused provider of stainless steel....
Boeing workers approved a company offer after a strike lasting 53 days. The length of the strike was in line with history, but the compensation package was higher than normal and will exert labor cost pressure throughout the industry. We...
Members of IAM 774 in Wichita, KS voted over the weekend to reject Textron Aviation management’s offer and to go on strike. Similar to Boeing’s union leadership, IAM774’s leadership had recommended membership accept Textron’s offer. Management was offering a 26%...
If not for all of Boeing’s highly public problems, attention might be focused on why Airbus cannot predict their production better. At the start of the year Airbus forecast deliveries of 800 aircraft in 2024. This summer the goal was...
As expected, IAM 751 rejected Boeing’s last best and final offer and voted to strike. What was unexpected was the overwhelming majority (96%) of the members voting against an agreement their leadership had recommended accepting. The prospects for a quick...
The IAM believes they finally have some leverage with Boeing after 16 years of giving ground. They have prepared for a strike in 2024 for years. Negotiations began in earnest at a Seattle hotel on August 12th. It takes 2/3’s...
Commercial Air Transport firm orders numbered just 102 aircraft – 50 narrowbodies and 41 widebodies. This is one of the lowest order tallies ever seen at the Farnborough or Paris Air Shows. From the conversations we had at...
Further testament that supply chain issues are plaguing both sides of the Atlantic, Airbus said it is looking at expanding its raw material purchasing program to include steel. Under the program, the aircraft OEM negotiates price and quantity of material...