Ryanair, Europe’s largest low-cost carrier, has announced that it is to purchase up to 300 new 737 MAX aircraft from Boeing. The agreement is the largest order ever placed by the Irish carrier and is divided into a firm order for 150 737-10 aircraft with options for a further 150 more. Ryanair has deployed a […]
Ryanair places largest-ever Boeing order – up to 300 MAX jets Read More »
Boeing is expanding its ecoDemonstrator flight-test programme to further accelerate innovation for sustainability and safety. The company has announced its 2023 plan to assess 19 technologies on the Boeing 777 ecoDemonstrator, while also adding “Explorer” airplanes that will focus tests on specific technologies. The first ecoDemonstrator Explorer, a 787-10 Dreamliner, will conduct flight tests in
Boeing expands ecoDemonstrator flight test programme Read More »
Boeing has recorded first-quarter revenue of US$17.9 billion, GAAP loss per share of (US$0.69) and core loss per share (non-GAAP) of (US$1.27). The company reported operating cash flow of (US$0.3) billion and free cash flow of (US$0.8) billion (non-GAAP). Results improved on commercial volume and performance. The company reported a net loss of US$425 million compared to a net loss of US$1,242
Boeing has signed a new partnering agreement with Korean industry to expand joint research and development activities and further develop critical aviation technologies. Boeing, the Korea Evaluation Institute of Industrial Technology (KEIT), and the Korea Institute for Advancement of Technology (KIAT), will collaborate on advanced production systems for commercial aircraft manufacturing, urban air mobility, aerospace
American planemaker Boeing Co (Boeing) and Canada’s CAE Inc. (CAE), have signed teaming agreements to increase levels of collaboration for platforms in Norway, Germany and Canada. The agreements intend to embrace each company’s complementary capabilities to provide superior management, technical and cost-effective training solutions for the P-8A Poseidon programme. “These agreements aim to advance mission
Boeing and CAE sign agreements to improve P-8A Poseidon programme training solutions Read More »
Boeing has signed agreements to purchase 5.6 million gallons (21.2 million litres) of blended sustainable aviation fuel (SAF) produced by Neste, a leading SAF producer, to support its U.S. commercial operations through 2023. These agreements more than double the company’s SAF procurement from last year. “We are demonstrating our commitment to reduce our carbon footprint and
Boeing buys 5.6 million gallons of sustainable aviation fuel for 2023 Read More »
GA Telesis (GAT) has acted as structuring agent for the successful acquisition and financing of ten Boeing aircraft for a major U.S. Airline. GAT, as structuring agent, negotiated the purchase and arranged the financing from a U.S. bank to fund the transaction. “This transaction was a great opportunity for our experienced team to identify, structure,
Boeing and Cathay Pacific Airways have signed an agreement for an Integrated Materials Management (IMM) solution designed to reduce the airline’s operating costs and allow Cathay Pacific to focus its resources on core business activities. Boeing will manage selected portions of the airline’s expendable spare parts inventory, helping it achieve consistently high service levels for
Boeing and Cathay Pacific sign contract for IMM parts solution Read More »
Elizabeth Lund has been named vice president of Product Development for Boeing Commercial Airplanes. Lund will be responsible for leading preliminary design of new and derivative airplanes and systems, and environmental performance strategy. Lund also will manage the overall research & development plan across Commercial Airplanes, and support the Product Strategy and Advanced Technology organizations
Boeing names Elizabeth Lund to lead commercial airplanes product development Read More »
The Boeing Company’s first-quarter 2008 earnings per share increased 43% as net income rose 38% to $1.2 billion and operating margin rose to 11.3%, driven by solid overall execution in both its commercial airplane and defense businesses as well as lower unallocated costs. Boeing’s quarterly revenue rose 4% to $16.0 billion while its operating cash
Boeing reports double-digit first-quarter earnings growth Read More »
