‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Boeing opens $500m compensation fund for 737 MAX crash victims’ families June 22, 2021 Boeing opens $500m compensation fund for 737 MAX crash victims' families
US and EU near truce in long-running $11.5bn trade war June 15, 2021 The US and EU are set to announce a five-year suspension of tariffs over aircraft subsidies, marking an end to a trade dispute that has lasted 17 years. The two sides have agreed to pause the world’s largest corporate trade dispute and focus on the threat posed by China’s nascent commercial aircraft industry, sources told [...]
London to New York in 3.5 hours? United Airlines inks deal with Boom to make it happen June 3, 2021 New York to London in 3.5 hours? United Airlines inks deal with Boom to make it happen
Ready, set, go: Britain is bound for the next space race May 26, 2021 The UK is bound for a seat in the next space race, the transport secretary has said today, as the government preps for Virgin’s commercial Orbit mission – the UK’s first space-bound flight. The National Space Agency (NSA) confirmed on Monday that spaceflights will soon be a reality as the government has funded spaceports that [...]
Boeing beats rival Airbus for quarterly orders for first time since 2019 April 13, 2021 Boeing booked more net quarterly orders than rival planemaker Airbus for the first time in over two years, new statistics released today show. From January to March 2021, the aerospace giant landed 282 more orders in total, and 76 when cancellations are taken into account. By contrast, its European counterpart saw its net tally fall [...]
Airlines pull 737 Max from flight schedules after Boeing warning April 9, 2021 A number of airlines have begun grounding Boeing’s 737 Max aircraft today after the planemaker warned 16 of its customers over a potential electrical problem with the model. Southwest Airlines and American Airlines have pulled nearly 50 jets from their flight schedules on the back of the announcement. United Airlines, Alaska Air, and West Jet [...]
More woe for Boeing as new $6.6m fine compounds jet repair bill February 25, 2021 Boeing faces a fresh fine from US regulators, a payment it will have to make as it shells out cash on repairing its 787 Dreamliner jets. The new $6.6m fine is part of an expected settlement with US regulators over quality and safety-oversight lapses going back years – a setback that comes as Boeing wrestles [...]
Ban on certain Boeing 777 jets in UK airspace after fiery United engine incident February 22, 2021 Ban on certain Boeing 777 jets in UK airspace after fiery United engine incident
EU clears 737 Max for takeoff as Boeing plummets to $13bn loss January 27, 2021 The European aviation regulator has today deemed that Boeing’s 737 Max model is fit to return to service after being grounded for nearly two years. The decision by the European Union Aviation Safety Agency (EASA) came as the aerospace giant posted a mammoth $12.8bn (£9.3bn) operating loss. The twin crises of the grounding and the [...]
Boeing 737: Indonesian passenger plane missing after ‘falling 10,000ft’ January 9, 2021 A Boeing 737 passenger plane with an estimated 62 people on board has disappeared after taking off from Jakarta. According to reports, the Sriwijaya Air Boeing 737 lost contact on its route from the Indonesian capital to Pontianak on the island of Borneo. Flight tracking website Flightradar24 said the aircraft, which set off at 2.37pm [...]