Reading Time: 2 minutes The new Indian startup airline, Akasa, backed by billionaire investor Rakesh Jhunjhunwala, is in advanced discussions with Boeing Co. to purchase up to 100 Boeing 737 MAX  jets, according to people familiar with the matte, informs Bloomberg. The deal could give the U.S. plane manufacturer a crucial breakthrough in a major market dominated by Airbus […]

Reading Time: < 1 minute Boeing and SMBC Aviation Capital yesterday announced the lessor is positioning its portfolio for air traffic recovery by ordering 14 additional 737-8 jets, growing its 737 MAX portfolio. The new order comes as airlines prepare for a robust return to air travel and modernize their narrowbody fleets to reduce fuel use and carbon emissions. “We […]

Reading Time: < 1 minute Boeing has raised a mandatory retirement age for its current CEO, 64-year-old CEO Dave Calhoun. He would have had to retire at 65 years old, but the company has given him another five years to remain in the leading position. Calhoun took the helm right in the middle of the Boeing 733 MAX scandal when […]