If you didn't find what you were looking for, try a new search!
Boeing has tapped into public credit markets to raise $10 billion as it continues to navigate significant financial and operational hurdles. This fundraising effort comes at a crucial juncture for the aerospace giant, which is still grappling with the fallout from its 737 Max 9 door plug incident in January, alongside efforts to ramp up [...]
American Airlines has announced plans to modify specific routes from the latter half of 2024 through the initial quarter of 2025 due to continued delays in Boeing 787 deliveries, the carrier revealed on Friday. The adjustments come as a response to ongoing challenges in receiving Boeing 787 aircraft, impacting the airline's operational planning and route [...]
Korean Air is reportedly in discussions to acquire at least ten Boeing 777X aircraft, according to sources cited by Reuters. This potential order comes shortly after the airline's significant purchase of twenty-seven Airbus A350-1000s and six A350-900s earlier in the month, underscoring Korean Air's ambitious fleet expansion strategy. In a recent interview with CNBC, Korean [...]
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 [...]
A Delta Air Lines flight bound for Los Angeles was compelled to make an emergency return to New York's JFK Airport after an emergency slide became detached from the Boeing 767 aircraft, the airline confirmed. The incident, which occurred shortly after takeoff, prompted the crew to initiate an emergency landing as a precautionary measure, ensuring [...]
Southwest Airlines revealed on Thursday its decision to discontinue services at four airports, following a surge in losses during the first quarter and further setbacks in the delivery of aircraft from Boeing. The move comes as Southwest grapples with escalating financial challenges and ongoing disruptions in receiving aircraft from Boeing, intensifying the strain on its [...]
Japan Airlines (JAL) President Mitsuko Tottori announced on Wednesday the airline's intention to maintain its fleet composed of both Airbus and Boeing aircraft models. This strategic decision underscores JAL's commitment to leveraging a diverse range of aircraft to meet its operational needs and enhance its service offerings. Tottori's statement comes amidst ongoing discussions within the [...]
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 [...]
Even as Boeing grapples with mounting scrutiny over safety issues plaguing its 737 series jets, two high-ranking executives are poised to receive substantial compensation packages. Despite announcing their departures from the company, these leaders stand to collect a combined total of $45 million, according to recent disclosures from Boeing. The significant payouts to these executives [...]
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 [...]
