PaxEx.Aero

The Business of Passenger Experience

grounding

Tariffs, 737 MAX, satellite crash hit Astronics earnings

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How many different ways can one company get beat up in the inflight entertainment and connectivity market? Astronics faces headwinds in its Aerospace market on three fronts. The 737 MAX grounding has costs on both new production and retrofit efforts, while the loss of Intelsat 29E grounded a connectivity program indefinitely. Add in tariffs related to China suppliers that the company is paying and the numbers are going to be rough in that segment for the foreseeable future.

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PaxEx Update: 19 July 2019

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United Airlines has new seating plans for its 787s, EgyptAir has a sleek looking new A220 and OneWeb has connectivity in space. Plus a big financial hit for Boeing and a soft-launch for IAG.

Highlights from the FAA and NTSB’s Congressional testimony on the 737 MAX grounding

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Leaders from the FAA and NTSB were called before Congress to testify today about the 737 MAX grounding and what it will take to get the plane back into the sky. The tone and content from the two witnesses was impressively different. Here are some highlights from the 2.5 hours of hearings.