Tag Archives: Boeing

Collins and Schwab to step down from Boeing board | News

Boeing confirms new job cuts as Covid-19 toll mounts | News

The Boeing board of administrators has introduced Arthur Collins and Susan Schwab will retire when their phrases expire and won’t stand for re-election on the annual assembly of shareholders. The board additionally named chairs to its six board committees, to take impact following the yearly voting for the election of administrators at annual shareholder assembly, […]

CAA clears Boeing 737 Max for return to UK airspace | News

Boeing confirms new job cuts as Covid-19 toll mounts | News

The UK Civil Aviation Authority (CAA) has introduced that it’ll permit UK airways to function passenger flights with the Boeing 737 Max plane. The physique mentioned the airplane would nonetheless be topic to shut oversight because it returns to service after two deadly crashes. The ban on the plane working in UK airspace, which has […]

Boeing reports near $12bn loss for 2020 | News

United Airlines to launch Covid-19 testing trial | News

Boeing has reported a internet lack of US$11.9 billion for monetary 2020, or a GAAP loss per share of $20.88, as the complete toll of the Covid-19 turns into clear. The determine is down from a revenue of US$636 million final yr, which was itself impacted by the grounding of the Boeing 737 Max following […]

Boeing lays out plans for sustainable aviation fuels | News

Boeing lays out plans for sustainable aviation fuels | News

Boeing has laid out ambitions to advance the long-term sustainability of business aviation. The corporate hopes to supply business planes that are succesful and authorized to fly on 100 per cent sustainable aviation fuels by 2030. Boeing has beforehand carried out profitable check flights changing petroleum jet gas with 100 per cent sustainable fuels to […]

Virgin Atlantic raises new finance with Boeing Dreamliner deals | News

Virgin Atlantic raises new finance with Boeing Dreamliner deals | News

Virgin Atlantic has accomplished “financing transactions” relating to 2 Boeing 787 plane in partnership with Griffin World Asset Administration and Bain Capital Credit score. The service stated the sale and leaseback offers would additional strengthen its steadiness sheet. Virgin Atlantic accomplished a privately funded, solvent recapitalisation in September final 12 months because it sought to […]

Boeing fined $2.5bn for 737 Max fraud | News

Boeing confirms new job cuts as Covid-19 toll mounts | News

Boeing has agreed to pay $2.5 billion to settle felony costs in america centred on the troubled 737 Max. Officers argued the producer hid data from security inspectors concerning the design of the plane. The US justice division said the agency selected “revenue over candour,” impeding oversight of the planes, which have been concerned in […]

Amazon snaps up 11 Boeing 767 planes | News

Amazon snaps up 11 Boeing 767 planes | News

Amazon has purchased its first fleet of plane, because the know-how big expands its rising air freight community. The corporate bought 11 Boeing 767-300 planes from airways Delta and WestJet. Beforehand, Amazon had relied on leased plane to fulfil its logistical wants. An announcement defined the brand new planes would “assist Amazon’s rising buyer base”. […]

American Airlines welcomes Boeing 737 Max back to service | News

American Airlines welcomes Boeing 737 Max back to service | News

The Boeing 737 Max has resume passenger flights after being grounded for almost two years following deadly crashes in 2018 and 2019. A aircraft, operated by American Airways, made the journey from Miami to LaGuardia in New York earlier with out incident. American Airways flight 718 touched down safely after a 20-month security ban was […]

Alaska Airlines expands Boeing 737 Max order | News

Alaska Airlines expands Boeing 737 Max order | News

Boeing and Alaska Airways have confirmed the provider has ordered 23 extra 737-9 planes, constructing on its authentic order and an settlement final month to amass new 737-9s by lease. The brand new deal brings Alaska Airways’ complete 737 Max orders and choices to 120 planes, which is able to give the fifth largest United […]

Virgin Atlantic to wave farewell to Boeing 747 | News

Virgin Atlantic to wave farewell to Boeing 747 | News

Virgin Atlantic is opening the cabin doorways to its final Boeing 747 for the ultimate time, in what is about to be the most popular ticket on the town for aviation fanatics.  For at some point solely, the general public will be capable of buy tickets for the final word 747 expertise, together with the […]

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