Tag: Boeing

SMBC Aviation Capital Expands 737 MAX Portfolio to 121 Jets

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 […]

Boeing
Boeing Raises Retirement Age for CEO Dave Calhoun

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 […]

Boeing 737 MAX Accounts for Over 80% of Boeing’s Q1 Deliveries
Boeing 737 MAX Accounts for Over 80% of Boeing’s Q1 Deliveries

Reading Time: < 1 minute Boeing has released its results for Q1 of 2021, showing that Boeing 737 MAX deliveries made up over 80% of the total figure. All in all, 77 aircraft were delivered, with 63 being Boeing 737 MAX contribution. The total of 77 aircraft consisted of one 747, five 767s, six 777s, two 787s and 63 737 […]

Southwest Places an Order for 100 More Boeing 737 MAX
Southwest Places an Order for 100 More Boeing 737 MAX

Reading Time: < 1 minute On Monday, Southwest Airlines announced it is expanding its all-Boeing fleet and orders 100 more Boeing 737 MAX. The aircraft it purchases is Boeing 737 MAX 7 with options for 155 more. The new purchase agreement takes Southwest’s order book to 200 Boeing 737-7s and 180 Boeing 737-8s, more than 30 of which have already […]

Boeing’s Monthly Orders Outnumber Cancelations

Reading Time: < 1 minute Boeing’s orders for February stand at 82 aircraft and outpace 51 cancellations, making it the first time since November 2019 when the manufacturer posted a net-increase in orders. With 83 aircraft orders for February 2021 and 3 for January 2021, the total number to date is 86. This is 47% of the 184 total orders […]

US and EU Suspend Tariffs Related to Boeing-Airbus Dispute

Reading Time: < 1 minute The US and EU have come to an agreement to suspend all tariffs related to the dispute over Boeing and Airbus’s subsidies. The ongoing negotiations indicate that a transatlantic trade partnership strained for nearly 17 years has a chance to be restored. The tariffs affect $4 billion of US exports to the EU and $7.5 […]

Boeing Raises Concerns Over Airbus A321XLR Safety

Reading Time: < 1 minute Boeing raises concerns over Airbus’s newest narrow-body design, the A321XLR, responding to a consultation document regarding Special conditions proposed by EASA for the type. Airbus A321XLR is expected to be a gamechanger in aviation. Due to its rear central fuel tank (RCT), positioned beneath passengers at the back of the aircraft, it can fly on […]

United Orders 25 More Boeing 737 MAX Airplanes

Reading Time: < 1 minute United Airlines is buying 25 additional Boeing 737 Max planes as it prepares for a sustained recovery in air travel. “As we plan for the future and the return of demand, we’ve been looking at ways to best position our fleet for the recovery and be in a position to best take advantage of people’s […]

Boeing 787 Dreamliner
FAA Fines Boeing $6.6 Million Over Compliance Failure

Reading Time: < 1 minute On Thursday, the Federal Aviation Administration (FAA) announced it had fined Boeing $5.4 million because the manufacturer had not met the terms and conditions of a 2015 settlement. Boeing also agreed to pay $1.21 million to settle two other safety-related cases. The 2015 agreement is a 29-page document outlining quality and safety oversight issues the […]

Boeing Predicts More Than 2,600 Aircraft Sales in Latin America By 2040

Reading Time: < 1 minute Boeing forecasts a rapid rebound in global aircraft sales, predominantly in Latin America and the Caribbean, once the pandemic retreats. The company estimates carriers will need 2,610 new aircraft within the next 20 years. According to the manufacturer, there will be a 5.1%  growth in the airline traffic for Latin America and the Caribbean within […]