Tag: Boeing 737 Max

Singapore Airlines Group Annual Net Profit Down 55%

Reading Time: 2 minutes Singapore Airlines Group (SIA) reported a FY2016-17 net profit of S$360 million ($259 million) for the fiscal year through March 31, down 55% from S$804.4 million in the previous year. SIA attributed the loss in part to the fourth-quarter net loss of S$138 million, reversed from a net profit of S$225 million in the FY2015-16 […]

Malindo Air Celebrates First 737 MAX Delivery

Reading Time: < 1 minute Boeing marked the first delivery of the new 737 MAX. The airplane, a 737 MAX 8, was handed over to Malindo Air at the Seattle Delivery Center. The Malaysia-based airline will be the first to put the 737 MAX into commercial service. “This airplane will change the face of the single-aisle market,” said Boeing Commercial […]

Boeing Clinches New $3 Billion Deal with Iran’s Aseman

Reading Time: < 1 minute Boeing confirms the signing of a Memorandum of Agreement (MOA) with Iran Aseman Airlines, expressing the airline’s intent to purchase 30 Boeing 737 MAX airplanes with a list price value of $3 billion. The agreement also provides the airline with purchase rights for 30 additional 737 MAXs. According to the U.S. Department of Commerce, an […]

Boeing 737 MAX to Join MIAT Mongolian Airlines Fleet

Reading Time: 2 minutes Boeing and MIAT Mongolian Airlines (Mongolyn Irgenii Agaaryn Teever) today announced the airline’s decision to lease two 737 MAX airplanes from Avolon, a global aircraft leasing company. The airline plans to introduce the new 737 MAX airplanes in early 2019 as it looks to bolster its single-aisle fleet. “The 737 MAX will become a cornerstone […]

Boeing Achieves Strong Delivery Numbers in 2016

Reading Time: < 1 minute Boeing recorded strong commercial delivery numbers in 2016 and achieved several airplane program milestones. The company delivered 748 commercial airplanes. Boeing booked 668 net orders, valued at $94.1 billion at list prices. The backlog at the end of the year stood at 5,715 unfilled commercial orders. Airplane development programs continued to make progress in 2016. […]

FIJI Airways to Upgrade Narrow-Body Fleet With Boeing 737 Max

Reading Time: 2 minutes Fiji Airways, Fiji’s National Airline, today announced its selection of the Boeing 737 MAX 8 aircraft to replace its existing narrow-body fleet. The airline currently operates five Boeing 737s (one 700 series/ four 800 series) on its short and medium haul network to destinations including Australia, New Zealand, Hawaii, Kiribati, Samoa, Solomon Islands, Tonga and […]

Turkish Airlines Posts 9-Month $463 Million Net Loss

Reading Time: 2 minutes Istanbul-based Turkish Airlines reported a nine-month 2016 net loss of $463 million, reversed from a net profit of $877 million in the year-ago period. According to the report, revenues for the nine-month period decreased 6.1% to $7.6 billion; operating loss for the period was $154 million, reversed from an operating profit of $894 million last […]

Bye Bye and Welcome to the Boeing 737

Reading Time: 3 minutes As Lufthansa Passage bids farewell to the Boeing 737 after almost 50 years, the next chapter is set to begin shortly for Lufthansa Technik with the Boeing 737 MAX in the seemingly unending story of this aircraft, which is so closely tied to the Hamburg location. As the last “Bobby” – as Lufthansa pilots used […]

Low-Cost Air Carriers Spreading Wings Over the Atlantic

Reading Time: 2 minutes Low-cost air carriers are spreading their wings across the Atlantic, much to the chagrin of the major airlines now forced to serve new destinations and cut fares. Transatlantic flights operated by Norwegian Air, Iceland’s Wow air, Canada’s WestJet and Morocco’s Royal Air Maroc have multiplied in recent years as jet fuel has grown cheaper. Frequently […]

Malaysia Airlines Announce Order For Up To 50 Boeing 737 MAX

Reading Time: < 1 minute Malaysia Airlines has announced an order for 25 Boeing 737 MAX 8 airplanes. The deal is valued at $2.75 billion dollars at current list prices. The order also includes purchase rights for additional 737 MAX 8 and 737 MAX 9 airplanes. “This deal is a game-changer for Malaysia Airlines with much lower costs and greater […]