Tech

Boeing evaluating the production rate of B737 max to 31 per month by end of 2022.

Boeing evaluating the production rate of 737 max to 31 per month by end of 2022.

The Boeing Company [NYSE: BA] reported third-quarter revenue of $15.3 billion, driven by higher commercial airplanes and services volume. GAAP loss per share of ($0.19) and core loss per share (non-GAAP)* of ($0.60) primarily reflects higher commercial volume ). Boeing recorded operating cash flow of ($0.3) billion.

Continued progress on global safe return to service of 737 MAX and focus on operational stability
Revenue of $15.3 billion, GAAP loss per share of ($0.19) and core (non-GAAP)* loss per share of ($0.60)
Operating cash flow of ($0.3) billion; cash and marketable securities of $20.0 billion
Commercial Airplanes backlog of $290 billion and added 93 net orders

Commercial Airplanes third-quarter revenue increased to $4.5 billion primarily driven by higher 737 deliveries, partially offset by lower 787 deliveries. Third-quarter operating margin improved to (15.5) percent primarily due to higher deliveries.

Boeing is continuing to make progress on the global safe return to service of the 737 MAX. Since the FAA’s approval to return the 737 MAX to operations in November 2020, Boeing has delivered more than 195 737 MAX aircraft and airlines have returned more than 200 previously grounded airplanes to service. 31 airlines are now operating the 737 MAX, safely flying over 206,000 revenue flights totaling more than 500,000 flight hours (as of October 24, 2021). The 737 program is currently producing at a rate of 19 per month and continues to progress towards a production rate of 31 per month in early 2022, and the company is evaluating the timing of further rate increases.

Is China’s COMAC C919 better than B737max and A319neo ?

The company continues to focus 787 production resources on conducting inspections and rework and continues to engage in detailed discussions with the FAA regarding required actions for resuming delivery. The current 787 production rate is approximately two airplanes per month. The company expects to continue at this rate until deliveries resume and then return to five per month over time. The low production rates and rework are expected to result in approximately $1 billion of abnormal costs, of which $183 million was recorded in the quarter.

Southwest Airlines Orders 100 Boeing 737 MAX Jets, Plus 155 Options

Commercial Airplanes secured orders for 70 737 MAX, 24 freighter, and 12 787 airplanes. Commercial Airplanes delivered 85 airplanes during the quarter and backlog included over 4,100 airplanes valued at $290 billion.

Boom Supersonic to Roll Out Historic XB-1 Demonstrator Oct. 7

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Tech

China Developing Jet to Travel Anywhere in Two Hours

China is making remarkable strides in aviation technology with its ambitious plan to develop a hypersonic passenger jet, capable of flying at speeds that could revolutionize air travel.

The cutting-edge aircraft, dubbed the “Nanqiang No 1,” aims to reach speeds up to six times faster than the legendary Concorde, potentially transporting passengers to any destination on the globe in under two hours.

This futuristic project has already undergone rigorous testing at a state-of-the-art laboratory in Fujian Province. Reports from China indicate that the unmanned prototype is expected to weigh just 500 kilograms, showcasing a sleek and lightweight design optimized for speed. The jet is projected to cruise at an astonishing Mach 6, or six times the speed of sound, which would set new standards for commercial flight.

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The key to achieving such mind-blowing speeds lies in a sophisticated engine design. The “Nanqiang No 1” will utilize a combination of turbofan, rocket, and ramjet engines, pushing the boundaries of what current aviation technology can handle. Early renderings of the aircraft reveal a “MUTTER” engine configuration, which includes two air-breathing ramjet engines, a small rocket engine, and two turbine engines. china 6th generation fighter While there were initial doubts about the feasibility of this engine setup, computer modeling and early lab tests have demonstrated the MUTTER system’s ability to surpass Mach 6.

Though several nations are exploring supersonic and hypersonic flight technology, China’s pursuit of a passenger jet capable of reaching hypersonic speeds puts it at the forefront of this race. Supersonic jets, which travel faster than the speed of sound (Mach 1), are being explored by various aerospace companies worldwide, but China’s vision to push beyond supersonic into the hypersonic realm represents a bold leap into the future of air travel.

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With the potential to redefine how people traverse the globe, China’s hypersonic passenger jet could make long-haul flights obsolete, allowing travelers to reach far-flung destinations in a matter of hours. The country hopes to see the technology realized and operational for tourist use within the next decade, marking a new chapter in aviation history.