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Brazil's Embraer is not presently engaged in designing an aircraft to directly rival the Boeing 737 Max or the Airbus A320. Francisco Gomes Neto, Embraer's CEO, has clarified that although the company possesses the capability to develop a larger aircraft, they currently lack immediate plans to do so. According to Neto, embarking on such a [...]
Boeing is experiencing a slowdown in the production and delivery of its Boeing 787 Dreamliners and Boeing 737 MAX aircraft, attributed to ongoing supplier shortages and quality control challenges. Scott Stocker, vice president and general manager of the Boeing 787 program and Boeing South Carolina site leader, communicated to staff the impact of these shortages [...]
Boeing has agreed to forward $425 million in advance payments to Spirit AeroSystems to help the supplier manage increased inventory levels and reduced cash flow. This financial assistance comes in response to the U.S. aviation regulator's decision to limit Boeing's 737 MAX production rates. The financial support aims to stabilize Spirit AeroSystems' operations as it [...]
Boeing has offered updated insights into the near-term production rate outlooks for its 737 and 787 aircraft models, highlighting the critical factors influencing monthly output. According to Boeing, the availability of nearly flawless fuselages and an adequate supply of heat exchangers are the primary constraints determining the production rates of these aircraft. The meticulous manufacturing [...]
United Airlines has reached a compensation agreement with Boeing over financial losses stemming from the grounding of its Boeing 737-9 fleet and delays in certifying the Boeing 737-10, according to a recent SEC filing by the airline. The specifics of the compensation, described only as "confidential," involve credit memos from Boeing that United will use [...]
Boeing is poised to face a series of challenging questions during its earnings announcement on Wednesday. Stakeholders are keenly awaiting updates on several critical issues, including the selection of potential CEO candidates, ongoing negotiations with Spirit AeroSystems, and issues surrounding the production of the 737 MAX jet. Additionally, the aerospace giant is expected to report [...]
The Federal Aviation Administration (FAA) has issued a new airworthiness directive (AD) for Boeing 737-8 and 737-9 aircraft, addressing an electrical issue that could potentially lead to a loss of critical flight instruments. The directive, effective May 22, mandates the installation of two bonding jumpers on the standby power control unit (SPCU) to secure a [...]
Marabu, based in Tallinn Lennart Meri, has entered into a seasonal ACMI (Aircraft, Crew, Maintenance, and Insurance) agreement with Lithuania's KlasJet to enhance its fleet capacity with two Boeing 737-800s. This strategic partnership marks a significant expansion for the Estonian airline as it prepares for the upcoming peak summer season. The first of these aircraft, [...]
Ryanair Holdings Plc has indicated that Boeing Co. is taking significant steps to expedite the delivery of several 737 Max jets this summer, which may help mitigate the delivery delays that have impacted the airline's operations. According to Ryanair's CEO Michael O'Leary, speaking at a press conference in Rome, the airline is set to receive [...]
US-Bangla Airlines, based in Bangladesh, has embarked on a significant expansion initiative by signing a one-year ACMI (Aircraft, Crew, Maintenance, and Insurance) contract with Ukraine's SkyUp Airlines. Here's an overview of the latest developments and what they mean for the airline: Fleet Expansion: Under the agreement, US-Bangla Airlines has secured two Boeing 737-800 aircraft from [...]
