Boeing deliveries drop to 11-year low, canceled orders continue to climb
4 years, 7 months ago

Boeing deliveries drop to 11-year low, canceled orders continue to climb

CNN  

New York CNN Business — Boeing was dealt a double blow in April as deliveries of new planes ground to a near halt and canceled orders continued to climb in response to an unprecedented drop in air travel caused by the coronavirus pandemic. But the near-term drop in demand for planes was evident as the airline reported 108 canceled orders in April. Many airline customers are delaying deliveries of jets, as roughly two-thirds of planes around the globe have been parked due to plunge in demand for air travel. Southwest Airlines, one of Boeing’s best customers, announced it was deferring at least 59 of the 107 737 Max jets it had planned to buy by the end of 2021.

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Boeing is building new 737 Max planes for the first time since workers went on strike
1 month ago

Boeing is building new 737 Max planes for the first time since workers went on strike

Associated Press  

Boeing is resuming production of its bestselling plane, the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Separately, the company said it took orders for 49 planes in November but lost an order by U.K. carrier TUI for 14 Max jets. Ever since a panel called a door plug blew …

EXCLUSIVE-Boeing restarts 737 MAX production a month after strike ended, sources say
1 month ago

EXCLUSIVE-Boeing restarts 737 MAX production a month after strike ended, sources say

Live Mint  

* Resuming 737 MAX production key to planemaker's financial recovery * Factory workers had been on strike for seven weeks * Boeing has about 4,200 orders from airlines for its best-selling model By Dan Catchpole and Allison Lampert SEATTLE, Dec 9 - Boeing restarted production of its best-selling 737 MAX jetliner last week, about a month after the end of …

Boeing says it will take several weeks to resume production of planes after the strike
1 month, 4 weeks ago

Boeing says it will take several weeks to resume production of planes after the strike

Associated Press  

DALLAS — Boeing says it will be several weeks before it fully resumes building passenger planes, as factory workers return following a strike that lasted nearly two months. Airline customers have grown increasingly upset over delays in getting new planes from Boeing — delays that started long before 33,000 machinists went on strike Sept. 13. “Let’s just get one quality …

Boeing Deliveries Falter as China Compounds 737 Max Woes
6 months, 4 weeks ago

Boeing Deliveries Falter as China Compounds 737 Max Woes

Live Mint  

-- Boeing Co. delivered 24 commercial jets in May, including 19 of its 737 family aircraft, as parts shortages and fresh scrutiny by China’s regulators complicated efforts to recover from a crisis engulfing its most popular aircraft. It’s unclear whether Boeing will benefit from the customary rally in aerospace shares ahead of the industry’s main trade event next month, which …

Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month
6 months, 4 weeks ago

Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month

Associated Press  

Boeing received orders for only four new planes in May — and for the second straight month, none for its best-selling 737 Max, as fallout continues from the blowout of a side panel on a Max during a flight in January. Boeing also saw Aerolineas Argentinas cancel an order for a single Max jet, bringing its net sales for the …

Boeing orders tumble as troubled aircraft maker struggles to overcome its latest crisis
7 months, 3 weeks ago

Boeing orders tumble as troubled aircraft maker struggles to overcome its latest crisis

Associated Press  

Boeing orders tumbled in April and were outnumbered by canceled sales in another sign of the crisis gripping the troubled aircraft manufacturer. As expected, deliveries of new Boeing jetliners were weak, at 24 in April, pushing the U.S. company farther behind Airbus, its European rival. The Federal Aviation Administration is limiting production of new Boeing 737 Max jets while the …

Boeing cuts its 4Q loss to $30 million, but that was before one of its jets lost a panel in flight
11 months, 1 week ago

Boeing cuts its 4Q loss to $30 million, but that was before one of its jets lost a panel in flight

Associated Press  

Boeing narrowed its fourth-quarter loss to $30 million and increased production of its best-selling plane just before one of them suffered a blowout of a side panel during a flight, an accident that has raised new safety concerns about the aircraft manufacturer. However, the company declined to offer its own forecast of 2024 results — an indication of the uncertainty …

China Eastern Resumes Boeing 737-800 Flights After Crash That Killed 132 People
2 years, 8 months ago

China Eastern Resumes Boeing 737-800 Flights After Crash That Killed 132 People

News 18  

China Eastern Airlines resumed flying Boeing 737-800 aircraft on Sunday, flight tracking data showed, just weeks after it grounded 223 planes over a crash that killed 132 people. The accident caused China Eastern to ground all of its 737-800s for safety checks as aviation authorities vowed an extensive two-week inspection of China’s vast passenger fleet. China Eastern’s resumption of 737-800 …

Boeing jet deliveries gain slight edge vs Airbus in January
2 years, 11 months ago

Boeing jet deliveries gain slight edge vs Airbus in January

Associated Press  

CHICAGO — Boeing scored a slight edge over Airbus in deliveries of commercial jets and a bigger advantage in new orders in January, thanks to a dispute between Airbus and Qatar Airways. Boeing said Tuesday that it delivered 32 commercial jetliners in January, a slight improvement over a year earlier despite the ongoing halt in shipments of is 787 Dreamliner …

Wave of canceled flights from omicron closes out 2021
3 years ago

Wave of canceled flights from omicron closes out 2021

Associated Press  

More canceled flights frustrated air travelers on the final day of 2021 and appeared all but certain to inconvenience hundreds of thousands more over the New Year’s holiday weekend. By early evening Friday on the East Coast, airlines had scrubbed more than 1,550 U.S. flights — about 6% of all scheduled flights — and roughly 3,500 worldwide, according to tracking …

Flight cancellations snarl holiday plans for thousands
3 years ago

Flight cancellations snarl holiday plans for thousands

Associated Press  

NEW YORK — Airlines continued to cancel hundreds of flights Saturday because of staffing issues tied to COVID-19, disrupting holiday celebrations during one of the busiest travel times of the year. American spokesperson Derek Walls said the cancellations stemmed from “COVID-related sick calls.” European and Australian airlines have also canceled holiday-season flights because of staffing problems tied to COVID-19. FlightAware’s …

Thousands of flights globally canceled due to Omicron; Schiphol Airport also affected
3 years ago

Thousands of flights globally canceled due to Omicron; Schiphol Airport also affected

NL Times  

The Omicron variant of the coronavirus led to the cancellations of thousands of flights worldwide. Worldwide, more than 5,700 flights have been canceled around Christmas and thousands more delayed, according to the tracking website FlightAware. At least 37 flights were also canceled at the Schiphol airport as of Sunday morning. The cancellations concern 26 departures and 11 arrivals; 13 from …

Airlines cancel flights due to COVID staffing shortages
3 years ago

Airlines cancel flights due to COVID staffing shortages

Associated Press  

NEW YORK — Airlines canceled hundreds of flights as the omicron variant jumbled schedules and drew down staffing levels at some carriers during the busy holiday travel season. American Airlines said it had “nothing to report,” while Southwest Airlines said “things are running smoothly.” JetBlue, which FlightAware said had canceled nearly 150 flights over Friday and Saturday, did not respond …

United Airlines orders 270 jets, its biggest aircraft purchase ever
3 years, 6 months ago

United Airlines orders 270 jets, its biggest aircraft purchase ever

CNN  

New York CNN Business — United Airlines on Tuesday announced orders to buy 270 jets, the largest aircraft purchase in the company’s history and the biggest order by any airline in about a decade. But If they didn’t feel reasonably good about the return of market for flying, they wouldn’t be doing it.” Replacing smaller planes United will use most …

Boeing 737 MAX Starts Receiving Fresh Orders After FAA Approves Active Operations
3 years, 9 months ago

Boeing 737 MAX Starts Receiving Fresh Orders After FAA Approves Active Operations

News 18  

Boeing Co unveiled a new order for its 737 MAX on Friday, pushing its shares up 6% as it renews efforts to recapture investor confidence following a two-year safety crisis. Boeing said Miami-based private equity firm 777 Partners, which has a stake in Flair Airlines, agreed to buy 24 737-8 airplanes with an option to purchase a further 60. Reuters …

Boeing finally sees positive net orders for airplanes
3 years, 10 months ago

Boeing finally sees positive net orders for airplanes

Associated Press  

CHICAGO — Boeing Co. said Tuesday that it received more new orders than cancellations for commercial airplanes in February for the first time in 15 months. Boeing suffered several months when it reported no orders, as airlines parked unneeded planes and cut costs to conserve cash. Several of the February orders had been previously announced, including a United Airlines commitment …

Airlines rapidly adding Boeing 737 Max flights to their schedules
3 years, 10 months ago

Airlines rapidly adding Boeing 737 Max flights to their schedules

CNN  

New York CNN Business — Two years after a 737 Max system failureled to fatal crashes, airlines are rapidly bringing the Boeing jet back into service. All 737 Max planes were grounded world-wide in March of 2019 after the crash of Ethiopian Airlines Flight 302 — the second fatal crash in five months involving the jet. “Any 737 Max planes …

United buys 25 MORE Boeing 737 MAX planes as aircraft returns to circulation after ban
3 years, 10 months ago

United buys 25 MORE Boeing 737 MAX planes as aircraft returns to circulation after ban

Daily Mail  

United Airlines has ordered 25 new Boeing 737 MAX aircraft to receive in 2023 and moved up the delivery of others as the jet that was grounded for 20 months due to two fatal crashes returns to widespread use. United Airlines has announced that it has ordered 25 new Boeing 737 MAX aircraft. The image above shows a Boeing 737 …

United, predicting a rebound in travel, buys 25 Boeing 737 Max jets
3 years, 10 months ago

United, predicting a rebound in travel, buys 25 Boeing 737 Max jets

CNN  

New York CNN Business — United Airlines disclosed Monday one of its largest orders for the Boeing 737 Max jet since the aircraft was grounded in March 2019, agreeing to buy an additional 25 planes. United had just 14 737 Max jets in its fleet at the time of the aircraft’s March 2019 grounding following two fatal crashes that killed …

Boeing loses more jet orders
4 years, 4 months ago

Boeing loses more jet orders

CNN  

New York CNN Business — Boeing lost orders for another 43 jets in July. The latest canceled orders were for the 737 Max, its best-selling jet, which has been grounded since March 2019 following two fatal crashes that killed 346 people. But despite the extended grounding, Boeing didn’t start to see a stream of canceled orders until the Covid-19 pandemic …

Boeing Confirms the End of Its Iconic 747 Jumbo Jet Production After Poor Quarterly Result
4 years, 5 months ago

Boeing Confirms the End of Its Iconic 747 Jumbo Jet Production After Poor Quarterly Result

News 18  

Boeing Co slashed production on its widebody programs, delayed the arrival of its newest jet, and confirmed the demise of its iconic 747, as it reported a bigger-than-expected quarterly loss on Wednesday amid fallout from the COVID-19 pandemic. Boeing also confirmed the last 747, the iconic hump-topped jumbo jet that democratized global air travel in the 1970s but fell behind …

Boeing posts three-month loss of $2.4 billion
4 years, 5 months ago

Boeing posts three-month loss of $2.4 billion

CNN  

New York CNN Business — Boeing lost $2.4 billion over the past three months, the company revealed Wednesday. The company is still in the early stages of resuming production of its 737 Max jets, which was Boeing’s best-selling aircraft but has been grounded since March 2019 following two crashes that killed 346 people. “The reality is the pandemic’s impact on …

Boeing got hit with a new wave of canceled plane orders
4 years, 5 months ago

Boeing got hit with a new wave of canceled plane orders

CNN  

New York CNN Business — The flood of canceled Boeing plane orders has returned. But counted among those tenuous orders are 97 planes that Norwegian Air Shuttle says it has canceled, but which Boeing has yet to acknowledge in its cancellation total. Most of the planes canceled or dropped from the backlog were the 737 Max, the troubled jet that …

Don’t expect to fly on a Boeing 737 Max anytime soon
4 years, 6 months ago

Don’t expect to fly on a Boeing 737 Max anytime soon

CNN  

New York CNN Business — More than 15 months after its best-selling plane was grounded, Boeing is finally close to getting approval to fly passengers on the 737 Max again. Boeing has reported 313 canceled orders for the Max, and that doesn’t include orders for 92 of the planes announced recently by Norwegian Air Shuttle. “We have too many airplanes …

Boeing’s biggest hit to orders yet: Norwegian cancels 97 jets
4 years, 6 months ago

Boeing’s biggest hit to orders yet: Norwegian cancels 97 jets

CNN  

New York CNN Business — Norwegian Air Shuttle canceled orders for 97 Boeing jets, the largest cancellation by a single Boeing customer since the grounding of the 737 Max 15 months ago. Norwegian’s canceled orders represent all of its unfilled jet orders from Boeing – 92 737 Max jets and five 787 Dreamliners. As with many operators dealing with a …

Canceled orders slow for Boeing
4 years, 7 months ago

Canceled orders slow for Boeing

CNN  

New York CNN Business — After three months of massive order cancellations for new jets, the bad news on canceled orders continued – but slowed – for Boeing in May. Boeing reported 46 canceled orders in February, followed by 150 in March and 108 in April, as the the world’s airlines’ finances crumbled. So it is relatively good news to …

COVID-19 Impact: Boeing expected to announce job cuts in US after aviation sector rocked by plunging travel demand
4 years, 7 months ago

COVID-19 Impact: Boeing expected to announce job cuts in US after aviation sector rocked by plunging travel demand

Firstpost  

In April, Boeing chief executive Dave Calhoun said the company had “begun taking action to lower our number of employees by roughly 10 percent through a combination of voluntary layoffs, natural turnover and involuntary layoffs as necessary.” Washington: Boeing Co is expected to announce US job cuts this week after disclosing last month it planned to shed 10 percent of …

Boeing is building the 737 Max again even though it is not yet approved to fly
4 years, 7 months ago

Boeing is building the 737 Max again even though it is not yet approved to fly

CNN  

New York CNN Business — Boeing restarted production of the troubled 737 Max Wednesday, even though the Federal Aviation Administration has yet to give its approval for the jet to fly again, and asdemand for new jets has ground to a near halt along with demand for air travel. Since the start of the Covid-19 pandemic that caused air travel …

Boeing Cuts More Than 12,000 Jobs Due To Drop In Air Travel
4 years, 7 months ago

Boeing Cuts More Than 12,000 Jobs Due To Drop In Air Travel

NPR  

Boeing Cuts More Than 12,000 Jobs Due To Drop In Air Travel Enlarge this image toggle caption Elaine Thompson/AP Elaine Thompson/AP Updated at 8:40 p.m. ET Boeing is cutting more than 12,000 jobs as the Chicago-based airplane manufacturer copes with the sudden drop in air travel demand due to the coronavirus pandemic. Two Max plane crashes five months apart in …

Boeing cuts 787 Dreamliner production after second straight quarter of losses; may resume 737 MAX production at low rates in 2020
4 years, 8 months ago

Boeing cuts 787 Dreamliner production after second straight quarter of losses; may resume 737 MAX production at low rates in 2020

Firstpost  

Demand for Boeing’s bigger and more profitable 787 jet had waned as a result of the US-China trade war. Boeing Co reported a loss for the second straight quarter and said on Wednesday it would cut its workforce by about 10 percent as the planemaker further reduces 787 Dreamliner production against a slump in global travel demand. Via CNBC | …

Boeing was already hobbled in China. Now the coronavirus is hitting Airbus
4 years, 11 months ago

Boeing was already hobbled in China. Now the coronavirus is hitting Airbus

CNN  

London CNN Business — Boeing was already hamstrung in China by the 737 Max crisis. The Airbus plant in Tianjin remains closed after Chinese authorities extended the Lunar New Year holiday in an effort to prevent the virus from spreading. Airbus said in a statement that it is “observing Chinese government requirements for staff to work from home.” Domestic and …

Boeing has temporarily stopped making 737 Max airplanes
4 years, 11 months ago

Boeing has temporarily stopped making 737 Max airplanes

CNN  

New York CNN Business — The Boeing 737 Max is now on hold. The shutdown will make restarting production and recovering from the crisis more difficult for Boeing once it finally gets permission for the plane to fly again In a statement from theFederal Aviation Administration, the administration said its first priority is safety, and it is “following a thorough, …

SpiceJet's fleet expansion dreams hit as Boeing likely to delay 737 MAX aircraft deliveries amid suspension of production
5 years ago

SpiceJet's fleet expansion dreams hit as Boeing likely to delay 737 MAX aircraft deliveries amid suspension of production

Firstpost  

In August this year, SpiceJet had posted its biggest-ever quarterly profit of Rs 261.7 crore, as it flew more passengers and raised fares in the wake of the collapse of Jet Airways. Budget carrier SpiceJet’s capacity addition plans may be affected and the development is expected to affect it financially too as Boeing reportedly suspended the production of 737 Max …

Boeing’s 737 crisis deepens as production stops for first time in two decades
5 years ago

Boeing’s 737 crisis deepens as production stops for first time in two decades

Live Mint  

Seattle/Washington: Boeing Co said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, its biggest assembly-line halt in more than 20 years, as fallout from two fatal crashes of the now-grounded aircraft drags into 2020. The FAA said it would not comment on what it described as a Boeing business decision but would continue to …

Boeing to halt production of 737 Max airliner in January
5 years ago

Boeing to halt production of 737 Max airliner in January

India Today  

Boeing Co. said Monday that it will temporarily stop producing its grounded 737 Max jet starting in January as it struggles to get approval from regulators to put the plane back in the air. Through October of this year, the U.S. aerospace industry’s factory output has fallen 17% compared with the same period last year, to $106.4 billion, in part …

Southwest Airlines Nixes Boeing 737 Max Planes From Its Fleet Until April
5 years ago

Southwest Airlines Nixes Boeing 737 Max Planes From Its Fleet Until April

NPR  

Southwest Airlines Nixes Boeing 737 Max Planes From Its Fleet Until April Enlarge this image toggle caption Mark Ralston/AFP via Getty Images Mark Ralston/AFP via Getty Images Updated at 6 p.m. ET Southwest Airlines — which operates more Boeing 737 Max planes than any other domestic carrier — will suspend the troubled jetliner type from its flight rotation for a …

Boeing to halt production of 737 Max airliner in January
5 years ago

Boeing to halt production of 737 Max airliner in January

Associated Press  

Boeing Co. said Monday that it will temporarily stop producing its grounded 737 Max jet starting in January as it struggles to get approval from regulators to put the plane back in the air. Through October of this year, the U.S. aerospace industry’s factory output has fallen 17% compared with the same period last year, to $106.4 billion, in part …

Boeing 'could suspend or even cut output of its grounded 737 MAX planes
5 years ago

Boeing 'could suspend or even cut output of its grounded 737 MAX planes

Daily Mail  

Boeing could announce today whether to further cut or suspend production of its grounded 737 MAX plane with a pause in manufacturing seen as the most viable option after two deadly crashes. The aviation company could announce today whether to further cut or suspend production of its grounded 737 MAX planes Steve Dickson, head of the Federal Aviation Administration, met …

Boeing considers temporarily halting production of 737 Max jet: Report
5 years ago

Boeing considers temporarily halting production of 737 Max jet: Report

Live Mint  

Boeing Co. is considering temporarily halting production of the 737 Max as regulatory clearance for the grounded jet’s return looks increasingly likely to slip beyond January 2020, said a person familiar with the matter. A decision could come as soon as Monday as Boeing’s directors review the manufacturing plans for the 737 program, the company’s biggest source of cash, as …

Boeing Will Suspend Production Of 737 Max Jetliners In January
5 years ago

Boeing Will Suspend Production Of 737 Max Jetliners In January

NPR  

Boeing Will Suspend Production Of 737 Max Jetliners In January Enlarge this image toggle caption Elaine Thompson/AP Elaine Thompson/AP Updated at 8:47 p.m. ET Boeing Corp. will suspend production of its troubled 737 Max jetliner in January, but it does not plan to lay off or furlough the workers who build the plane, the company said in a statement Monday. …

Airlines order 50 Boeing 737 Max planes, a boost for the grounded jet
5 years, 1 month ago

Airlines order 50 Boeing 737 Max planes, a boost for the grounded jet

LA Times  

Boeing 737 MAX airplanes sit, grounded, in Seattle in June. Boeing Co. secured orders for 50 737 Max narrow-body planes, padding its tally at the Dubai Airshow while building momentum for the grounded aircraft ahead of its potential return to the skies in coming weeks. Kazakhstan’s Air Astana signed a letter of intent for 30 jets, Boeing announced Tuesday, while …

Boeing Delays Launch Of Long-Haul Jet As 737 Max Crisis Remains The Focus
5 years, 4 months ago

Boeing Delays Launch Of Long-Haul Jet As 737 Max Crisis Remains The Focus

NPR  

Boeing Delays Launch Of Long-Haul Jet As 737 Max Crisis Remains The Focus Enlarge this image toggle caption Richard Drew/AP Richard Drew/AP Boeing is delaying the release of its 777X long-haul jet, the plane manufacturer told NPR on Thursday — the latest fallout as the company devotes resources to handling the crisis that ensued after two of its 737 Max …

Airlines Cancel Boeing Max Flights Into November; Holiday Flights Could Be Next
5 years, 5 months ago

Airlines Cancel Boeing Max Flights Into November; Holiday Flights Could Be Next

NPR  

Airlines Cancel Boeing Max Flights Into November; Holiday Flights Could Be Next Enlarge this image toggle caption Joe Raedle/Getty Images Joe Raedle/Getty Images Updated at 8:30 p.m. ET With American Airlines joining United in pulling 737 Max planes from their schedules and cancelling flights into early November, many travel industry observers are bracing for the next shoe to drop: higher …

Boeing reports no orders for second straight month
5 years, 6 months ago

Boeing reports no orders for second straight month

CNN  

New York CNN Business — Boeing reported no new commercial aircraft orders in May. It was the second straight month that Boeing’s orders were at a standstill in the face of the 737 Max crisis. Next week is also the Paris Air Show, the key industry trade show for the year, at which Boeing and rival Airbus typically like to …

Boeing reported zero new orders for jets in April
5 years, 7 months ago

Boeing reported zero new orders for jets in April

CNN  

New York CNN Business — Boeing had no new orders for planes in April. Not only did the troubled 737 Max receive zero new orders since it was grounded March 13. Boeing’s other jets, such as the 787 Dreamliner or the 777, also did not get any new orders last month, according to a company report released Tuesday. But the …

Boeing Hits Pause On Forecasts As 737 Max Groundings Continue
5 years, 8 months ago

Boeing Hits Pause On Forecasts As 737 Max Groundings Continue

NPR  

Boeing Hits Pause On Forecasts As 737 Max Groundings Continue Enlarge this image toggle caption Mark Ralston/AFP/Getty Images Mark Ralston/AFP/Getty Images Updated at 4:28 p.m. That's what Boeing says is in store for the company and its investors as it tries to get approval for its 737 Max to return to the air. Boeing said Wednesday its profits fell 13% …

Jet suspends all flights after banks refuse to release funds
5 years, 8 months ago

Jet suspends all flights after banks refuse to release funds

The Hindu  

Jet Airways on Wednesday announced temporary suspension of all its international and domestic flights, with the last flight operating between Amritsar and Mumbai. In a filing before the Bombay Stock Exchange and a statement to the media, Jet Airways said it was informed by the State Bank of India, on behalf of the consortium of Indian lenders, that they were …

Jet Airways cancels all long-haul international flights
5 years, 8 months ago

Jet Airways cancels all long-haul international flights

CNN  

CNN — Struggling Indian airline Jet Airways has canceled all its international flights, raising fears that it may be close to collapse. The airline said in a statement on Friday that it “has canceled its international operations from 12th to 15th April.” All of Jet’s long-haul services — including to London, Paris and Amsterdam — were suspended from Thursday night, …

Boeing records zero new MAX orders following global groundings
5 years, 9 months ago

Boeing records zero new MAX orders following global groundings

Live Mint  

Boeing Co's orders and deliveries sank in the first quarter, with zero new orders for the 737 MAX following a worldwide grounding in March in the wake of two fatal plane crashes. "A fix and removal of the grounding prior to September 2019 could be perceived positively," Jefferies analyst Sheila Kahyaoglu said, noting that fresh scrutiny of the certification process …

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