Boeing ekes out small profit after aviation volumes ramp up October 27, 2021 In the third quarter aircraft manufacturer Boeing has registered a small adjusted profit after commercial airplanes and services volumes ramped up when travel restrictions eased. The company’s core operating profit amounted to $59m, compared with a $754m loss in 2020. Year-on-year, revenues grew 8 per cent to $15.2bn, going up from $14.1bn. “We are driving [...]
Qantas coughs up $9bn to renew its entire domestic fleet October 6, 2021 Australian carrier Qantas is renewing its domestic fleet for a total spending of more than $9bn. The airline has entered the final stages of a tender process with aircraft and engine manufacturers that will see more than 100 new aircraft become operational by 2034, according to a Bloomberg report. The renewal will reportedly mainly affect [...]
Emirates boss: Covid will be ‘history’ by end of next year and aviation will recover October 6, 2021 Emirates president Sir Tim Clark has said that the aviation sector is months away from going back to normal and will not suffer a long recovery, which was initially predicted by industry stakeholders during the peak of the pandemic. Clark, who has run the Dubai-based airline since 2003, told the Telegraph the aviation sector will [...]
Boeing board faces shareholder lawsuit over two fatal 737 MAX crashes September 8, 2021 A Delaware judge has ruled that Boeing’s board of directors must face a lawsuit from shareholders over two fatal 737 MAX crashes that killed 346 people in less than six months. Watch the full report.
Ryanair ends negotiations with Boeing over new 737 Max 10 order September 6, 2021 Ryanair has today walked away from negotiations with Boeing over an order for its new 737 Max 10 after failing to agree on a price for the jets. Discussions over a deal have been ongoing for 10 months, but the two sides could not close the gap on price, the budget carrier said. As a [...]
Boeing posts first profit in two years as 737 MAX jets deliveries take off July 28, 2021 Boeing posted its first profit in almost two years, as deliveries of its best-selling 737 MAX jets to airlines gained traction amid a sharp rebound in travel bookings following an increase in global Covid-19 vaccinations. Watch the full report.
Boeing ordered to check 9,000 737s for switch failures July 16, 2021 The Federal Aviation Administration (FAA) last night told operators of Boeing’s 737 airplanes to carry out checks of the plane’s cabin altitude pressure switches in the latest setback for the aerospace giant. The new directive, which comes just days after the agency found a fault in undelivered 787 Dreamliners, affects some 9,000 planes worldwide. It [...]
FAA finds new fault in Dreamliner in latest Boeing setback July 13, 2021 The US Federal Aviation Administration (FAA) said that it had found another fault in undelivered Boeing 787 Dreamliner planes. The aerospace giant will have to fix the issue before the jets can be delivered, it added. According to the FAA, the issue poses no immediate threat to flight safety. The issue in question is “near [...]
Take off: Ryanair to recruit 2,000 pilots as it prepares for travel market recovery July 12, 2021 Take off: Ryanair to recruit 2,000 pilots as it prepares for travel market recover
United Airlines confirms $30bn aeroplane order for 270 jets June 29, 2021 United Airlines has officially confirmed it is placing an over $30bn aeroplane order for around 270 Boeing and Airbus jets today, after a flurry of reports regarding the deal yesterday. After plane prices fell amid the pandemic, the airline sought favourable prices to boost its pandemic recovery, Reuters first reported. The order includes 200 Boeing [...]