On Wednesday morning, Boeing reported an annual loss of $11.94 billion for 2020 based on its fourth quarter earnings, amounting to a record loss in its more than 100 years of operation. In the fourth quarter alone, Boeing accumulated an $8.44 billion loss, citing the significant impact of COVID-19, the 737MAX program, and its commercial widebody programs as factors for its loss. Continued Challenges with Commercial Business For the full year of 2020, Boeing recorded a revenue of $52.8 billion,…
Emirates, Boeing's biggest 777X customer with 115 firm orders, expects another delay with deliveries due to the ongoing novel Coronavirus pandemic. The airline no longer expects to receive its first 777X next year, Emirates chief operating officer (COO) Adel Al Redha told Bloomberg on Thursday. After there had previously been…
Qatar Airways has announced its plan to retire and replace many of its existing aircraft in the coming years. Different fleet types will leave Qatar’s fleet in favor of newer, more efficient and exclusive aircraft and products from this year through 2028. The airline’s announcement was led by a plan…
A spokesperson from Airbus told AirlineGeeks in an email on Thursday that there are five A380 aircraft that are in the assembly phase in Toulouse, including the last double-decker to be built. “Regarding production, we still have eight aircraft in the production process including the MSN 272 parts of which…
Qantas has announced that it is intending to use the Airbus A350-1000 for its Project Sunrise program. This comes after a detailed evaluation of both the Boeing 777X and Airbus A350 due to its Rolls Royce Trent XWB engines, which hold a strong reliability record and also offer the economics…
The global aviation panorama is undoubtedly changing at a relatively fast pace. Events happening over the last few months, such as Airbus stopping A380 production by 2021 and the recent launch of the extra-long range version of the Airbus A321 at the recent Paris Air Show, have highlighted a shift…
AirlineGeeks recently spotted Lufthansa's first Boeing 777-9X, the third airworthy airframe off of the assembly line, at Paine Field in Everett, Wash. The third airworthy airframe off of the new aircraft's assembly line, the aircraft designated WH003 rolled out to the Boeing test flight line on the evening of June…
While the world was focused on Boeing’s 737 MAX series aircraft, the presently-embattled aircraft manufacturer quietly unveiled its latest aircraft: the Boeing 777X, at an employee-only preview in Everett, Wash. Boeing was scheduled to unveil the aircraft in a highly public display on Wednesday but put those plans on hold…
