VoltAero has begun flight testing of its new family of Cassio e-aircraft using Safran Electrical & Power’s ENGINeUSTM smart electric motors.
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Manufacturing has been in the middle of the outbreak of the coronavirus (COVID-19) from the start. The impact is expanding as the virus spreads.
Boeing Co. today reported a fourth-quarter loss and its first full-year loss since 1997 as the financial impact of the 737 Max crisis expanded.
Boeing Co. is looking for a new start with a new CEO trying to resolve big problems.
Boeing Co., which had wanted to return the 737 Max to service this month, threw up the surrender flag on Dec. 16. The company said it will suspend 737 Max production in January.
When a manufacturer has excess inventory not adding value to the process, the inventory is hurting the company’s balance sheet, and is by definition wasteful.