Tag Archives: Boeing

Boeing boosts production capacity in Costa Rica | News

Boeing boosts production capacity in Costa Rica | News

Boeing has announced a new partnership with a Costa Rica-based maintenance, repair and overhaul provider (MRO) to create additional conversion capacity for the 737-800 converted freighter. The American giant will open two 737-800BCF conversion lines with Cooperativa Autogestionaria de Servicios Aeroindustriales (Coopesa) in Alajuela. The decision comes as express and e-commerce markets continue to drive […]

Boeing sees losses narrow over first quarter | News

Boeing sees losses narrow over first quarter | News

Boeing has reported a net loss of $561 million for the first quarter of 2021, a modest improvement on the $641 million in losses reported for the same period last year. The figures represent a sixth straight quarterly loss for the manufacturing giant. Revenue for the first three months of the year slipped ten per […]

Boeing 737 Max continues to regain ground around the world | News

Boeing 737 Max continues to regain ground around the world | News

The Boeing 737 Max is staging a strong comeback following its recertification to fly according to new research from Cirium. European carriers having been leading the way this month, lifting the in-service fleet above 100 for the first time since the resumption of revenue flights in early December. The latest-generation twinjet’s 12 operators logged over […]

Boeing reports near $12bn loss for 2020 | News

United Airlines to launch Covid-19 testing trial | News

Boeing has reported a net loss of US$11.9 billion for financial 2020, or a GAAP loss per share of $20.88, as the full toll of the Covid-19 becomes clear. The figure is down from a profit of US$636 million last year, which was itself impacted by the grounding of the Boeing 737 Max following two […]

Boeing lays out plans for sustainable aviation fuels | News

Boeing lays out plans for sustainable aviation fuels | News

Boeing has laid out ambitions to advance the long-term sustainability of commercial aviation. The company hopes to offer commercial planes which are capable and certified to fly on 100 per cent sustainable aviation fuels by 2030. Boeing has previously conducted successful test flights replacing petroleum jet fuel with 100 per cent sustainable fuels to address […]

Virgin Atlantic raises new finance with Boeing Dreamliner deals | News

Virgin Atlantic raises new finance with Boeing Dreamliner deals | News

Virgin Atlantic has completed “financing transactions” relating to two Boeing 787 aircraft in partnership with Griffin Global Asset Management and Bain Capital Credit. The carrier said the sale and leaseback deals would further strengthen its balance sheet. Virgin Atlantic completed a privately funded, solvent recapitalisation in September last year as it sought to survive a […]

Boeing fined $2.5bn for 737 Max fraud | News

Boeing fined $2.5bn for 737 Max fraud | News

Boeing has agreed to pay $2.5 billion to settle criminal charges in the United States centred on the troubled 737 Max. Officials argued the manufacturer hid information from safety inspectors about the design of the aircraft. The US justice department said the firm chose “profit over candour,” impeding oversight of the planes, which were involved […]

Amazon snaps up 11 Boeing 767 planes | News

Amazon snaps up 11 Boeing 767 planes | News

Amazon has bought its first fleet of aircraft, as the technology giant expands its growing air freight network. The company purchased 11 Boeing 767-300 planes from airlines Delta and WestJet. Previously, Amazon had relied on leased aircraft to fulfil its logistical needs. A statement explained the new planes would “support Amazon’s growing customer base”. Aircraft […]

American Airlines welcomes Boeing 737 Max back to service | News

American Airlines welcomes Boeing 737 Max back to service | News

The Boeing 737 Max has resume passenger flights after being grounded for nearly two years following fatal crashes in 2018 and 2019. A plane, operated by American Airlines, made the trip from Miami to LaGuardia in New York earlier without incident. American Airlines flight 718 touched down safely after a 20-month safety ban was lifted […]

Alaska Airlines expands Boeing 737 Max order | News

Alaska Airlines expands Boeing 737 Max order | News

Boeing and Alaska Airlines have confirmed the carrier has ordered 23 more 737-9 planes, building on its original order and an agreement last month to acquire new 737-9s through lease. The new deal brings Alaska Airlines’ total 737 Max orders and options to 120 planes, which will give the fifth largest United States carrier the […]

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