Bloomberg
• Danny Lee, Sonja Wind
Lufthansa Group’s second-quarter adjusted EBIT fell by more than half as fuel costs rose by more than $750 million year over year and strike-related expenses weighed on results. The group widened its outlook range, while Lufthansa and Swiss pursue differing network strategies and the first 777-9 delivery remains planned for early 2027.
Boeing
Latest source-backed stories
High activity
A late-May incident at GKN Aerospace’s California window factory halted production after an overheating tank prompted fears of an explosion and the evacuation of roughly 50,000 nearby residents. The disruption has reduced window availability for both Boeing and Airbus commercial aircraft supply chains.
The U.S. Air Force is seeking information on alternative engine suppliers for Boeing’s F-15EX and Lockheed Martin’s F-16, potentially challenging the long-standing reliance on Pratt & Whitney and GE Aerospace. Combined annual U.S. and international demand for the fighters could reach 180 aircraft, increasing the stakes for future propulsion competition.
High activity
Lufthansa Group’s second-quarter adjusted EBIT fell by more than half as fuel costs rose by more than $750 million year over year and strike-related expenses weighed on results. The group widened its outlook range, while Lufthansa and Swiss pursue differing network strategies and the first 777-9 delivery remains planned for early 2027.
The Air Force’s B-52 engine modernization could incur higher costs and slip schedules, while separate fighter-engine programs face quality and reliability concerns. Production delays, material shortages and manufacturing weaknesses are prompting the service to consider new suppliers and manufacturers.
A U.S. Air Force KC-135R Stratotanker has returned to service after sustaining major damage in a March midair collision over Iraq. Maintainers repaired the surviving aircraft using the vertical stabilizer from a retired jet, while another KC-135 was lost in the incident, killing six people.
Boeing received a two-notch upgrade from BNP Paribas to Outperform, with the bank citing improving free cash flow, progress on aircraft certifications and easing defense risks. The shift comes as Boeing and Airbus report stronger delivery performance, although Airbus continues to lead in orders and total deliveries.
High activity
The FAA has certified Boeing’s smallest 737 Max variant, allowing airlines to begin preparing the Max 7 for passenger operations. Certification removes a major regulatory hurdle, but carriers may still need months to incorporate the aircraft into schedules and operational plans.
High activity
A chemical incident that halted production at a GKN Aerospace plant south of Los Angeles has intensified a global shortage of cockpit and cabin windows. Boeing, airlines and maintenance providers are limiting replacements to essential cases as lead times lengthen and prices rise across multiple aircraft programs.
Create a free account to see more recent Boeing stories and keep bookmarks in one place.
