GE Wraps Restructuring, Aviation Remains a Cornerstone
It’s been a rough couple of years for General Electric, but in 2020 its turnaround efforts should take solid root. For the past few years, the company has been trying …
Read MoreAuthor: Richard Pettibone
Airbus Prepares for Some Near-Term Turbulence
What should have been a stellar 50th anniversary year for Airbus was tainted as the company took an eye-watering $4 billion in fines to settle fraud, bribery and corruption charges …
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Could Boeing’s Woes Finally Be Behind It?
Boeing‘s annus horribilis has culminated in the worst full-year loss in the company’s 103-year history. Nearly the whole year has been consumed by the two fatal crashes of its 737 …
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Split of Arconic Results in a New Howmet Aerospace
Four years after it was split from Alcoa, Arconic itself is dividing into two companies: Arconic focused on rolled aluminum products and a new aerospace-focused operation, Howmet Aerospace. The new …
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RUAG Splits Into Two Separate Aerospace and Defense Firms
RUAG is capping off a dramatic change that has split the company into two independent firms, one focused on supporting the Swiss military and the other on commercial aerospace. On …
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Triumph’s Restructuring Coming to a Close; Aerospace Structures on the Block
Triumph Group’s restructuring efforts are coming to completion, with over a dozen operations divested so far. The transformation is part of the company’s “One Triumph” initiative begun some four years …
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AVIC Acquisition Growth Slowing; Program Delays Continue
AVIC is the Airbus, Boeing, and Lockheed Martin of China. The firm consolidates all of China’s aviation activities under its aegis in one form or another. The goal behind its …
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Sparton Finds a New Home
Following the failure of an earlier merger attempt to combine with Ultra Electronics, a new suitor swept in and bought Sparton. This time it was a private equity firm, Cerberus …
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ThyssenKrupp Hits Reset on Restructuring
With apologies to Steinbeck, the best-laid plans of mice and conglomerates often go awry.
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Bombardier Capping Restructuring with Aerostructures Sale to Spirit AeroSystems
Company now focused solely on business jets and rail transportation. Bombardier’s restructuring program continues to move along with its announcement that it will sell its aerostructures business to Spirit AeroSystems …
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