Boeing

Spirit AeroSystems Wichita, Kansas

Boeing to provide Spirit AeroSystems with US$425 million advance payments

Spirit AeroSystems has disclosed an agreement with Boeing, whereby the aerospace giant will furnish advance payments totalling US$425 million, according to REUTERS news agency. This agreement aims to assist Spirit in addressing challenges such as elevated inventory levels and reduced cashflows, following the U.S. aviation regulator’s imposition of a production cap on Boeing’s 737 MAX […]

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Contract signing at MRO Americas in Chicago, between Ontic and Boeing © Ontic

ONTIC, Boeing forge exclusive distribution partnership

ONTIC, a global aerospace OEM, providing complex engineered parts and repair services for established aircraft in the defence and commercial market, and Boeing have entered into an exclusive agreement, expanding Boeing’s distribution of approximately 1,000 additional actuation and propulsion system products. Continuing to strengthen its exclusive distributor relationship with ONTIC, Boeing will now incorporate the

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Included in JAL’s latest order are ten Boeing 787-9s © Shutterstock

JAL to accelerate international network growth with order of 42 new aircraft

Following Japan Airlines‘ (JAL) board of directors meeting, the airline has announced the decision to introduce a total of 21 A350-900 and 11 A321neo aircraft from Airbus plus ten 787-9 aircraft from the Boeing Company, as part of its fleet renewal plan. On international routes, JAL will introduce an additional 20 Airbus A350-900 aircraft, currently

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Boeing

Boeing explores acquisition talks with Spirit AeroSystems

Boeing has revealed on Friday, March 1, its preliminary discussions regarding the potential acquisition of Spirit AeroSystems, its former subsidiary, as part of the company’s strategic response to a crisis triggered by a mid-air panel blowout on January 5. The aerospace giant, aiming to regain control in the aftermath of the incident, expressed confidence that

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Royal Brunei Airlines has ordered four 787 Dreamliners to revitalise its wide-body fleet

Boeing receives 787 Dreamliner order from Royal Brunei Airlines

Boeing has announced that Royal Brunei Airlines has ordered four 787 Dreamliners to revitalise its wide-body fleet. The selection of the 787-9 aligns with Royal Brunei Airlines’ focus on long-term growth, sustainability and enhancing passenger comfort. Sabirin bin Haji Abdul Hamid, CEO of Royal Brunei Airlines, emphasized the significance of the forthcoming 787-9 Dreamliner, describing

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© Spirit AeroSystems

Boeing faces potential delays in 737 MAX deliveries amidst new production glitches

Boeing, the beleaguered US aircraft manufacturer, may encounter further setbacks in delivering its popular 737 MAX planes as a supplier identified incorrectly drilled holes, prompting additional work on approximately 50 undelivered aircraft. Spirit AeroSystems, the supplier, uncovered two holes drilled inaccurately, causing Boeing’s stock to drop by 2.2%, with Spirit experiencing a 3.9% decline. This

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Boeing

Boeing reports fourth-quarter revenue of US$22.0 billion

Boeing announced fourth-quarter revenue totalling US$22.0 billion, with a GAAP loss per share of ($0.04) and a core loss per share (non-GAAP) of ($0.47). The company recorded an operating cash flow of US$3.4 billion and a free cash flow of US$3.0 billion (non-GAAP), showing improvement attributed to higher commercial volume and performance. Commercial Airplanes’ fourth-quarter

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Boeing

Boeing abandons safety exemption request, casting doubt on 737 MAX 7 certification timeline

Boeing announced on Monday, January 29, that it is retracting its request for a crucial safety exemption, potentially hindering US regulators’ efforts to expedite the certification process for the upcoming 737 MAX 7. This move comes as a repercussion of the ongoing crisis surrounding the aircraft manufacturer. In the wake of a distressing mid-air cabin

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