Chicago-based Boeing’s net sales for 2020 currently sits at 28 aircraft cancellations. The airline recorded its first orders of the year in February following a quiet January. BBAM announced an order for three converted 737-800 freighters and two weeks later All Nippon Airways (ANA) committed to a firm order for 15 Boeing 787 Dreamliners, with options for five more. Despite logging 18 orders during the month, Boeing saw 41 Boeing 737 MAX cancellations from a global range of customers. Air…
Members of the United States Senate have introduced a bill to reinforce aviation safety and oversight particularly with regards to certification, FlightGlobal reports. The bill comes amid the ongoing Boeing 737 MAX scandal, which has left many puzzled as to why the Federal Aviation Administration (FAA) did not vet the…
Italian airline Air Italy could be fighting for its survival and to avoid an imminent grounding, according to reports by Italian newspaper Corriere della Sera. The carrier, 49 percent of which is owned by Qatar Airways, is expected to report a loss for 2019 superior to the 160 million euros…
Earlier this week, Boeing announced it expected it's Boeing 777X to make its first flight as soon as Jan. 23, an event that would put an end to a months-long delay that has only exacerbated the manufacturing giant's financial troubles. Originally, the company expected the 777X to first take flight…
Several operators of the Boeing 737 MAX reached compensation agreements with Boeing this week, following the grounding of the variant in March 2019. American Airlines issued a statement expressing that a portion of that confidential agreement will be shared with the company's employees: "American Airlines shared with its team today…
After closing one of the worst years in its history, Boeing Corporation is not starting this 2020 under the best auspices. According to the New York Times, citing multiple anonymous sources inside the company, more problems related to the Boeing 737 MAX have surfaced during the past few weeks and…
Turkish Airlines has reached a deal with Boeing regarding compensation for the financial impacts brought upon by the grounding of the MAX, according to Fox Business. The airline did not specify the amount of the deal, but a Turkish newspaper has reported that the deal includes $150 million USD in…
To put it plainly, this year has been one to forget for Boeing. It wasn't even nine months ago that Ethiopian Airways flight 302 from Addis Ababa, Ethiopia to Nairobi, Kenya tragically fell out of the sky, killing all 157 aboard in what has seemed to become the beginning of…
Boeing announced that, effective immediately, Dennis Muilenburg is no longer the company's CEO. In a brief statement issued Monday morning, the builder said that the Board of Directors "decided that a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships…
After several rumors suggesting further interventions on the 737 MAX production line were imminent, with a press release on Monday, Boeing announced that production of 737 MAX aircraft will be temporarily suspended for an unspecified period of time. The measure comes after the aircraft type was grounded worldwide last March…
