Boeing to acquire Spirit AeroSystems in an all-stock transaction

Boeing has entered into a definitive agreement to acquire Spirit AeroSystems. The merger is an all-stock transaction valued at approximately US$4.7 billion, or US$37.25 per share. Including Spirit’s last reported net debt, the total transaction value is approximately US$8.3 billion. Each share of Spirit common stock will be exchanged for a number of shares of […]

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Boeing delivers upgraded F/A-18 Block III Super Hornets to U.S. Navy

Military & Defense

Boeing has successfully completed the upgrade and life extension of the first two service life modification (SLM) F/A-18 Block III Super Hornets, delivering them to the U.S. Navy ahead of schedule. The aircraft from St. Louis were delivered one month early, while those from San Antonio were delivered two months early. These upgraded jets possess

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Rendering of the new facility in Daytona Beach, Florida © Boeing

Boeing to open new engineering facility in Daytona Beach

MRO & Production

Boeing will operate a new engineering facility within the Cici & Hyatt Brown Center for Aerospace Technology at Embry-Riddle Aeronautical University in Daytona Beach, Florida. Initial plans for the location include Boeing employees performing engineering work for military aircraft programmes and advanced technology capabilities. “Expanding both our footprint in Florida and partnership with Embry-Riddle will

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Arajet welcomes tenth Boeing 737 MAX to its fleet

Aircraft & Engines

Arajet’s tenth Boeing 737 MAX arrived in Santo Domingo, Dominican Republic on June 11, as the airline continues to expand its fuel-efficient fleet. This 737-8 delivery, facilitated through a lessor, supports Arajet’s growth strategy across the Americas, with plans to more than double its routes in the coming years. “This tenth aircraft is unique, not

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Boeing to invest CA$240 million in multiple Québec-based enterprises

Financial

Boeing plans to invest in several Québec-based enterprises, including a CA$110 million anchor investment for an Aerospace Development Centre in the new Espace Aéro Innovation Zone. These investments are part of Boeing’s industrial and technological benefits commitment to Canada, linked to the selection of Boeing’s P-8A Poseidon to fulfil its long-term multi-mission aircraft role. Boeing’s

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Ryanair posts record profits, appoints Amber Rudd as new Board member

Financial

Ryanair has reported record annual profits of €1.9 billion (£1.6 billion) and announced the appointment of former UK Home Secretary Amber Rudd to its Board. Additionally, the airline indicated that summer fares would be lower than previously anticipated. The airline’s profits after tax rose by over a third in the year ending March, compared to

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The Boeing ecoDemonstrator will test 36 technologies in the third year of testing on a 777-200ER © Boeing

Boeing ecoDemonstrator tests new technologies for sustainable cabin interiors

MRO & Production

Boeing is testing three-dozen technologies in its ecoDemonstrator programme, focusing on enhancing operational efficiency and sustainability in cabin interiors, one of the most challenging aspects of recycling an airplane. The testing, using a 777-200ER (extended range), will begin this month. The Boeing ecoDemonstrator projects include: “The Boeing ecoDemonstrator programme helps us make tangible improvements to

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Traffic control tower with various aircraft© Shutterstock

Biden signs landmark aviation law to enhance safety, boost staffing and protect consumers

Other News

On Thursday, May 16, President Joe Biden signed sweeping aviation legislation that will boost U.S. air traffic controller staffing, increase funding to avert runway close-call incidents, and speed up refunds for cancelled flights, according to Reuters. The US$105 billion, five-year measure re-authorises the Federal Aviation Administration (FAA). It prohibits airlines from charging fees for families

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Spirit AeroSystems Wichita, Kansas facility © Shutterstock

Spirit AeroSystems announces job cuts amid financial challenges

Other News

In response to mounting financial difficulties and a decline in deliveries to Boeing Co., Spirit AeroSystems Holdings Inc. intends to trim its workforce by approximately 450 employees at its Wichita, Kansas headquarters. The reduced production of 737 Max airframes and other components has necessitated a downsizing, according to a spokesperson representing the company. Affected staff

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All Boeing 777s at SWISS have been equipped with AeroSHARK © SWISS

AeroSHARK rolled out to entire SWISS Boeing 777 fleet

MRO & Production

Over the past one and a half years, SWISS International Air Lines (SWISS) has equipped its entire Boeing 777-300ER fleet with AeroSHARK, the sharkskin technology from Lufthansa Technik and BASF. The AeroSHARK surface film mimics the flow-optimising characteristics of sharkskin. Applied to the fuselage and engine nacelles, it reduces drag during flight, promoting lower fuel

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Boeing to acquire Spirit AeroSystems in an all-stock transaction

Boeing delivers upgraded F/A-18 Block III Super Hornets to U.S. Navy

Boeing to open new engineering facility in Daytona Beach

Arajet welcomes tenth Boeing 737 MAX to its fleet

Boeing to invest CA$240 million in multiple Québec-based enterprises

Ryanair posts record profits, appoints Amber Rudd as new Board member

Boeing ecoDemonstrator tests new technologies for sustainable cabin interiors

Biden signs landmark aviation law to enhance safety, boost staffing and protect consumers

Spirit AeroSystems announces job cuts amid financial challenges

AeroSHARK rolled out to entire SWISS Boeing 777 fleet

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