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Chinese citizen faces sentencing in U.S. aerospace spying case

Canadian Manufacturing

aviation and aerospace companies, including the theft of proprietary airplane engine fan technology, is due to be sentenced on Nov. The government alleges that beginning in December 2013, Xu recruited experts who worked at aviation companies, including GE Aviation in Cincinnati. 16, with prosecutors seeking a 25-year prison term.

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Boeing names new CEO as it posts Q2 loss of more than $1.4B

Canadian Manufacturing

Boeing named a longtime aerospace industry veteran on Jul. Ortberg led Rockwell Collins from 2013 to 2018, when it merged with United Technologies and wound up as part of RTX, the company formerly known as Raytheon. 8, the company said. He retired from RTX in 2021.

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Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Canadian Manufacturing

carrier ended when American Airlines emerged from Chapter 11 protection and simultaneously merged with US Airways in December 2013. Some liquidated, while others used favorable laws to renegotiate debts such as aircraft leases and keep flying. The last bankruptcy by a major U.S.