Reading Time: < 1 minute The Boeing Company has reported first-quarter revenue of US$23.4bn reflecting higher commercial deliveries and mix, defense contract volume and services growth. GAAP earnings per share increased to US$4.15 and core earnings per share (non-GAAP) increased to US$3.64 reflecting strong performance across the company. Commercial Airplanes first-quarter revenue was US$13.7bn reflecting higher deliveries and mix. First-quarter […]

Reading Time: < 1 minute Boeing and the Lion Air Group announced the airline purchased 50 of Boeing’s new 737 MAX 10 airplane, which will be the most fuel-efficient and profitable single-aisle jet in the aviation industry. The deal, valued at approximately $6.24 billion at list prices, is the largest incremental order to date of the MAX 10 variant.  “Lion […]

Reading Time: < 1 minute AerCap has announced its major business transactions during the first quarter 2018. The Company signed lease agreements for 83 aircraft, including 15 widebody aircraft and 68 narrowbody aircraft. AerCap purchased 7 aircraft, including 2 Airbus A320neo Family aircraft, 2 Airbus A350s and 3 Boeing 787-9s and executed sale transactions for 24 aircraft, including 11 Airbus […]

Reading Time: 2 minutes Boeing and American Airlines announced the world’s largest airline will more than double its 787 Dreamliner fleet with a new order for 47 of the super-efficient airplane plus 28 options. The 47 787s are valued at more than $12 billion at list prices and makes American Airlines the largest 787 customer in the Western Hemisphere. […]

Reading Time: < 1 minute Boeing and Jet Airways announced a new order for 75 737 MAX airplanes as India’s premier international airline looks to the new and improved 737 jet to power its future growth. “Our new order for the additional 75 Boeing 737 MAX aircraft will allow us to deliver a differentiated and world class customer experience to […]

Reading Time: < 1 minute Political tensions arising from talks taking place between Embraer and Boeing are rising further as labor union leaders have accused the Brazilian government of colluding behind the backs of Brazilians. At Monday’s Senate hearing Herbert Claros da Silva, vice president of the metalworkers union of Sao Jose dos Campos said that: “We are being left […]

Reading Time: 4 minutes A booming aviation market, demand for air travel increasing at an annual average rate of more than 5% per year, dozens of new airlines, all these are fertilising the growth of the industry as never before. But, obviously, the growth of any of the industries could not be maintained without a sufficient number of aircraft […]

Reading Time: < 1 minute Boeing and the Lion Air Group celebrated the very first 737 MAX 9 to be delivered. The airplane will go into service with Thai Lion Air, where its added capacity will help the airline launch several international routes. Boeing delivered its very first 737 MAX 9 to Thai Lion Air. The MAX 9’s extra capacity […]

Reading Time: 2 minutes Virgin Australia is considering all Boeing 737 MAX variants as part of its order for 40 of the next generation narrowbody, group executive for airlines Rob Sharp says. The first 737 MAX in Virgin Australia colours is due to arrive in the fleet in the final quarter of calendar 2019. While the initial 2012 order […]

Reading Time: 2 minutes Boeing wrapped up a crowdsourcing initiative March 9 that gathered employee ideas for workforce investments that the company has pledged to make as a result of the benefits of tax reform legislation. Boeing asked employees directly for ideas on how to spend $100 million on learning and development for the future. The company built a […]