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In a significant boost to its fleet and regional competitiveness, Zambia Airways is poised to enhance its service offerings with the addition of two Boeing 737 aircraft, courtesy of its minority shareholder, Ethiopian Airlines. This announcement was made by Frank Tayali, Zambia's Minister of Transport and Logistics, during a celebration marking Ethiopian Airlines' quarter-century of [...]
Alaska Air Group has disclosed that Boeing has provided approximately USD160 million in cash compensation during the first quarter of 2024 to offset a pre-tax loss stemming from the mid-air cabin panel blowout incident in early January and the subsequent grounding of its B737-9 fleet. The compensation, equivalent to lost profits resulting from the accident [...]
In a significant development within the aviation industry, an Alberta judge has sanctioned a mutual agreement between the now-defunct Canadian carrier Lynx Air (based in Calgary) and aerospace giant Boeing to terminate a purchase contract for the B737 MAX aircraft. This decision was made in the King's Bench of Alberta Court in Calgary by Judge [...]
Hyundai Group, the South Korean conglomerate known primarily for its automotive innovations, is reportedly in the process of upgrading its executive travel capabilities with plans to acquire a Boeing 737-8(BBJ). This move aims to replace its current Boeing 737-700(BBJ), enhancing the efficiency and reach of its executive fleet. While official confirmation from Hyundai Group regarding [...]
Senator Tammy Duckworth is advocating for the Federal Aviation Administration (FAA) to scrutinize Boeing’s practices, particularly its failure to fully inform pilots about certain flight deck features of the 737 MAX aircraft. This call to action follows an incident involving an Alaska Airlines Boeing 737 MAX 9, where a door panel was unexpectedly blown off [...]
The U.S. Justice Department is set to hold a meeting with the families of the victims from the tragic Boeing 737 MAX crashes on April 24, as it deliberates on pursuing a criminal case against the aerospace giant. The crashes, which claimed the lives of 346 individuals, have prompted serious scrutiny of Boeing's practices and [...]
Emerging from a challenging 2022, Allegiant Air has made significant strides in reclaiming its operational and financial prowess within the industry. The airline, which faced operational hurdles and incurred over $130 million in irregular operations (IROP) costs in 2022, effectively reducing its margins, has since undertaken a robust internal overhaul. Greg Anderson, President of Allegiant, [...]
Boeing is experiencing a higher-than-anticipated cash burn rate due to ongoing safety and production issues, particularly with its 737 MAX aircraft, as revealed by CFO Brian West at a recent Bank of America conference. The aerospace giant's financial struggles have been compounded by a January 5 incident involving a mid-flight panel blowout on a 737-9, [...]
In a recent legal development, a group of passengers who experienced a harrowing incident aboard an Alaska Airlines Boeing 737 jet in January have initiated legal action. This group, including a passenger who credits his seat belt for saving his life after part of the aircraft's fuselage ruptured mid-flight, has filed a lawsuit against several [...]
Virgin Australia has been informed by Boeing of significant delays in the delivery of its ordered Boeing 737-8s and 737-10s, initially scheduled for this year and next. This setback, highlighted in a report by The Sydney Morning Herald, comes amidst Boeing's ongoing production challenges, affecting the airline's fleet modernization and expansion plans. The Brisbane International-based [...]
