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American Airlines orders 260 jets
It is part of the airlines' effort to 'modernize' its fleet.
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European airlines witness a rise in profits in 2023
LONDON, UK – Europe's aviation industry is extending its bounceback from the Covid pandemic, as British Airways owner IAG and Franco-Dutch rival Air France-KLM posted bumper 2023 profits on Thursday. The sector is flying at cruising altitude on pent-up demand after emerging from the dark days of Covid, which grounded planes... -
Boeing readies for competition with China’s first passenger plane
Singapore, Singapore - Boeing said Wednesday it was preparing to compete with China's first domestically produced passenger plane, which was showcased for the first time to international buyers at Asia's biggest airshow. The single-aisle C919 aircraft made its international debut this week at the Singapore Airshow, featuring in both flying and... -
Boeing expects Q1 hit from MAX troubles
The airline backs intensified oversight from the FAA. -
Boeing spots new ‘problems’ in 737
The fuselage problems could slow down deliveries. -
Ryanair quarterly profit dives 93%
The carrier flies mostly throughout Europe. -
Alaska Airlines’ Boeing 737 MAX9 resumes flight
The voyage comes after the Federal Aviation Administration on Wednesday announced a maintenance and inspection program to clear the MAX 9 to resume service. The FAA grounded 171 MAX 9 planes with a similar configuration to the one in the January 5 incident, in which a door plug blew out... -
Boeing faces heat over quality control after Alaska Airlines fiasco
The Alaska Airlines episode represents the most serious operational problem for Boeing since two crashes on 737 MAX 8 planes in 2018 and 2019 resulted in 346 causalities and led to a lengthy grounding of the jet. -
Alaska Airlines to take US$150m hit
It grounded the Boeing 737 MAX after in-flight safety episode. -
US approves inspection program to return Boeing 737 MAX to service
The FAA announcement is a major step after the agency grounded 171 MAX 9 planes after the January 5 incident on an Alaska Airlines plane. The grounded 737 MAX jets have the same configuration as the Alaska Airlines jet that suffered a blowout of a panel on the fuselage, exposing... -
Akasa Air orders 150 Boeing planes
Akasa Air will buy 737 MAX planes, which no Indian airline uses. -
Oil prices slump but stock markets mostly higher
Wall Street indices enjoyed solid gains, including the Dow, which mustered a 0.6 percent advance in spite of an eight percent dive in Boeing shares after an emergency landing on an Alaska Airlines aircraft revived safety worries. "We basically are having a little bit of a bargain hunting today," economist... -
Private US lunar lander mission imperiled by technical snag
Washington, United States -- An historic private mission to land on the Moon was facing potential failure Monday due to technical problems, in a blow to America's hopes of placing its first robot on the lunar surface in five decades. Fixed to the top of United Launch Alliance's new Vulcan... -
Lufthansa orders planes for $9 bn
The airline ordered 40 planes each from Boeing and Airbus. -
Emirates sign deal with Airbus to buy 15 A350-900s
Dubai, UAE - Dubai-based Emirates on Thursday announced an order for 15 long-haul Airbus A350-900s, bringing to 110 the number of additional aircraft the company has ordered at this year's Dubai Air Show. "The A350-900s will add to our fleet mix and we are pleased to announce additional orders for this... -
EDGE to supply metallic machined parts to Boeing
Abu Dhabi, UAE – EDGE, an advanced technology group specialising in precision engineering in the UAE’s aerospace, oil & gas, and defence industries, announced on Wednesday their contract to supply multiple hard metal parts on Boeing’s 777, 777X, and 787 commercial aircraft. The announcement was made during the ongoing Dubai... -
EgyptAir orders 10 Airbus A350 planes in $3.2bn deal at Dubai Airshow
The transaction is worth $3.2 billion, reports say. -
Emirates, flydubai among Boeing’s big customers at Dubai Airshow
Emirates, the Middle East's biggest airline, made the largest purchase with its $52 billion order for 55 Boeing 777-9s, 35 777-8s and five 787 Dreamliners. The 777-9s are expected for delivery in 2025 and the 777-8s are scheduled for 2030. -
Ryanair profits soar
Its net profit is US$2.4bn in the six months to September end. -
Boeing posts Q3 loss
The firm trims full-year forecast for deliveries of the 737. -
Cathay Pacific orders A320neo planes
The value of the deal is expected between $3.2 billion to $4.1 billion. -
Vietnam Airlines, Boeing ink $7.8bn pact
The deal is likely to support more than 30,000 jobs in the US. -
Ryanair inks pact with Joramco
The airline is likely to carry 300m passengers a year by 2034. -
Boeing looks to get Starliner spaceship ready to fly by March
Right now, based on the current plans, we're anticipating that we're going to be ready with the spacecraft in early March," said Mark Nappi, Boeing vice president and program manager of the Starliner program. He added that the actual launch date would depend on constraints in the space calendar and... -
Boeing shares surge despite Q2 loss
The aerospace company reported a $149 million Q2 loss. -
Boeing, Airbus notch up big orders
At list prices, the Airbus deal is worth $3.3bn and Boeing's $1bn. -
Boeing expects number of planes in air to double in 20 years
The American aircraft manufacturer estimates 48,575 planes will be in service in 2042, compared with 24,500 last year. This will require producing, across all manufacturers combined, 42,595 planes -- half to replace existing aircraft, and the other half to account for growth. The projections are in line with ones Boeing... -
Turkish Airlines ponders buying 600 planes in two months
ISTANBUL, TURKEY - The chairman of Turkish Airlines said Monday that the company will make a final decision on plans for a record-breaking order of 600 aircraft in two months. The airline is in talks with US aircraft maker Boeing and its European rival Airbus to purchase 400 single-aisle planes along... -
Boeing to speed up 787 Dreamliner production, after delivery interruptions
Despite the rebound in sales of its flagship medium-haul 737 MAX last year -- giving the company its best delivery numbers since 2018 -- Boeing is pinning its financial hopes on the 787, after four consecutive years in the red. Recent months have finally seen an uptick in orders for... -
Boeing Q1 loss $425m
Boeing's loss in the first quarter of 2022 was $1.2 billion. -
Boeing delivers 130 aircraft in Q1
It edged out its rival Airbus by just three aircraft. -
Airbus to open second plane assembly line in China, double output
"It makes a lot of sense for us, as the Chinese market keeps growing, to be serving local for the Chinese airlines, and probably some other customers in the region," Airbus CEO Guillaume Faury said during a trip to China, where he is accompanying French President Emmanuel Macron on his... -
NASA, Boeing set to launch of Starliner space capsule in July
The spacecraft is to launch into space on an Atlas V rocket made by United Launch Alliance from Cape Canaveral in Florida. If the mission is successful, the Boeing capsule will finally be certified and begin operational flights, at a date yet to be determined. -
Saudi airline Riyadh Air plans new orders ahead of 2025 take-off: CEO
Riyadh, Saudi Arabia -- Saudi Arabia's new national airline plans more aircraft orders as it prepares to operate its first flights in early 2025, its CEO told AFP on Wednesday. The carrier, Riyadh Air, was officially unveiled on Sunday, and on Tuesday announced an agreement to purchase 39 Boeing Dreamliners, with... -
Boeing halts deliveries of 787 again on fuselage issue
Boeing's difficulties with the 787 have come as the company tried to reset its relationship with the FAA following the 737 MAX calamities. But the latest problem threatens to crimp an aviation industry recovery as more airlines seek new jets to meet pent-up demand for flying. -
Boeing posts Q4 loss of US$634m
Firm confirmed its 2023 outlook amid strong aviation demand. -
China operates first domestic Boeing 737 MAX flight since 2019
China grounded the plane after two deadly accidents involving the model in 2018 and 2019. An Ethiopian Airlines flight crashed shortly after takeoff from Addis Ababa, killing 157 people. That accident came five months after the crash of a 737 MAX in Indonesia, where 189 people died. Investigators said a... -
Airbus tops Boeing in 2022 plane orders
Airbus sold 661 planes as against Boeing's 480. -
US Congress gives Boeing a reprieve on 737 Max cockpit changes
The bill requires Boeing to make some enhancements to the jets, but allows the Federal Aviation Administration to approve both the 737 MAX 7 and 737 MAX 10 without mandating an overhaul of the crew alerting systems. The bill requires the enhancements to be installed on other MAX models within... -
flydubai, Smartwings sign agreement
flydubai will wet lease four Next-Generation Boeing 737-800 aircraft. -
US charges Boeing with misleading investors on 737 MAX safety, fined $200 mn
Boeing agreed to the penalty to settle charges it "negligently violated the antifraud provisions" of US securities laws, the Securities and Exchange Commission said in a statement, saying the company and its leader "put profits over people." Boeing's former chief executive, Dennis Muilenburg, also agreed to pay $1 million to... -
Boeing shares surge
The company is all set to resume 787 jet production. -
Qatar Airways orders 25 aircraft
The airline ordered 25 Boeing MAX 10 jets worth $3.3bn. -
Boeing wins $8 bn contract
The US planemaker will manufacture 66 MAX aircraft. -
Farnborough show raises Boeing hopes
Boeing plans to show off several planes including the MAX 10. -
Airlines’ face fresh turbulence after fragile recovery from Covid
Airlines are recovering from the huge Covid fallout but face fresh turbulence from rocketing inflation. -
Boeing Starliner completes key test mission to ISS
Astronauts living aboard the station opened the hatch and "greeted" the capsule's passengers: Rosie the Rocketeer, a mannequin equipped with sensors to see what astronauts would have experienced, and a plush toy named Jebediah Kerman, the ship's zero-g indicator. -
Standard Chartered, flydubai sign deal
The Sale and Leaseback (SLB) agreement is for five new Boeing 737 MAX aircraft. -
Boeing shares dive on $1.2bn loss
The company is set for recovery in 2022-23, said analysts. -
Emirates to launch daily flights to Israel from June 23
Emirates will offer multiple daily and weekly flights throughout Australia, India, Philippines, Thailand and South Africa, many of which are home to thriving Jewish communities. -
Boeing halts Russia support
It has stopped its Moscow operations and support for Russian airlines.