Boeing has agreed to plead guilty to a criminal fraud conspiracy charge to resolve an investigation linked to two 737 MAX fatal crashes, a U.S. Justice Department official said, according to Reuters. The plea, which must be approved by a federal judge, would brand the plane manufacturer a convicted felon and require it to pay […]
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Turkish Airlines has ordered four 777 Freighters from Boeing, further strengthening the airline’s position in the global air cargo market. With this order, Turkish Airlines will operate a total of 12 777 Freighters. “This new investment in expanding our cargo fleet underscores our commitment to meeting the growing global demand for air freight services,” said
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In support of ongoing U.S. Army modernisation efforts, Boeing has delivered the first CH-47F Block II Chinook. This aircraft is one of up to 465 in the Army’s fleet that will be modernised to the new Block II configuration. “The CH-47F Block II provides capability improvements allowing the U.S. Army to lift more, fly farther
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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 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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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’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 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
Boeing to invest CA$240 million in multiple Québec-based enterprises Read More »
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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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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