British Airways is to acquire Boeing MRO business at Gatwick © British Airways

British Airways to acquire Boeing’s MRO business at Gatwick Airport

British Airways has announced its intention to acquire Boeing’s hangar facility and MRO business at Gatwick Airport (Gatwick), securing jobs and strengthening its presence at the airport. The move will enhance BA’s engineering capabilities, benefiting both customers and operations. The transaction includes the creation of a new wholly owned subsidiary, British Airways Engineering Gatwick (BAEG), […]

British Airways to acquire Boeing’s MRO business at Gatwick Airport Read More »

Japan has ordered 17 CH-47 Block II Chinooks

Japan Self-Defense Forces to upgrade fleet with 17 CH-47 Block II Chinook helicopters

Military & Defense

The Japan Self-Defense Forces (JSDF) has placed an order for 17 CH-47 Block II Chinook Extended Range helicopters as part of its fleet modernisation efforts, replacing some of its CH-47 JA aircraft. These helicopters will be co-produced by Boeing and Kawasaki Heavy Industries (KHI), continuing a longstanding collaboration between the two companies. Since the 1980s,

Japan Self-Defense Forces to upgrade fleet with 17 CH-47 Block II Chinook helicopters Read More »

Altavair in collaboration with Marathon and Boeing has arranged the lease of one B777-300ER to Ethiopian Airlines © Boeing

Altavair completes transaction with Marathon, Ethiopian Airlines and Boeing

Aircraft & Engines

On December 10, 2024, global aviation asset manager Altavair successfully concluded a significant transaction in collaboration with Marathon Asset Management, Ethiopian Airlines and Boeing. This partnership facilitated the delivery of a Boeing 777-300ER aircraft to Ethiopian Airlines. Altavair played a crucial role in the deal as the arranger, structurer and servicer, while Marathon provided the

Altavair completes transaction with Marathon, Ethiopian Airlines and Boeing Read More »

Boeing predicts four-fold growth in South Asia’s aviation sector

Aircraft & Engines

Boeing forecasts that India and South Asia’s commercial aircraft fleet will nearly quadruple over the next 20 years, driven by increasing air traffic demand, economic growth, and improved connectivity. According to Boeing’s latest Commercial Market Outlook (CMO), air traffic in the region is expected to grow at an annual rate of over 7% through 2043,

Boeing predicts four-fold growth in South Asia’s aviation sector Read More »

Spirit AeroSystems' shareholders voted in favour of the acquisition by Boeing

Spirit AeroSystems’ shareholders approve acquisition by Boeing

Financial

Spirit AeroSystems Holdings has released that its shareholders have voted in favour of the proposed acquisition by The Boeing Company during a special meeting held on January 31. This approval marks a significant step forward in the merger process, underscoring the confidence shareholders have in the strategic direction of the transaction. The acquisition, which was

Spirit AeroSystems’ shareholders approve acquisition by Boeing Read More »

TAAG Angola Airlines' first 787 Dreamliner arrives

TAAG Angola Airlines receives first Dreamliner in new livery

Aircraft & Engines

Boeing has delivered the first of four 787 Dreamliners to TAAG Angola Airlines, featuring the airline’s new livery. The fuel-efficient 787-9 will support TAAG’s fleet modernisation strategy and enhance its long-haul operations, enabling the airline to connect more passengers and cargo to Angola using one of the industry’s most advanced commercial aircraft. The airline’s first

TAAG Angola Airlines receives first Dreamliner in new livery Read More »

Boeing shares rally despite heavy fourth-quarter loss

Financial

Boeing reported a significant fourth-quarter loss on January 28, following a difficult 2024, but shares surged amid optimism that early signs of a turnaround under a new CEO could yield results. The company announced a loss of US$3.9 billion as the company continued to suffer from the effects of a more than seven-week labour strike

Boeing shares rally despite heavy fourth-quarter loss Read More »

Boeing faces US$4 billion loss for fourth quarter

Financial

Boeing has announced an estimated loss of US$4 billion for the fourth quarter of 2024, reflecting significant financial and operational challenges. The company projects a loss of US$5.46 per share and US$15.2 billion in revenue—below analysts’ expectations, according to LSEG estimates. Additionally, Boeing burned through US$3.5 billion in cash during the quarter but raised over

Boeing faces US$4 billion loss for fourth quarter Read More »

Boeing's investment in Norsk e-Fuel will support the development of one of Europe’s first industrial-scale PtL facilities

Boeing partners with Norsk e-Fuel to advance SAF production

Other News

Boeing has partnered with Norsk e-Fuel, becoming a key development partner in one of Europe’s first large-scale power-to-liquids (PtL) facilities. This collaboration aims to accelerate the production and availability of sustainable aviation fuel (SAF), supporting global efforts to achieve net-zero carbon emissions in aviation by 2050, in line with goals set by the International Civil

Boeing partners with Norsk e-Fuel to advance SAF production Read More »

Boeing names Dana Deasy Chief Information Officer

People

Boeing has appointed Dana Deasy as the company’s new Chief Information and Digital Officer and Senior Vice President of Information Technology & Data Analytics. Deasy assumed the role on December 31, 2024, overseeing all aspects of information technology, information security and data and analytics. He will report directly to Boeing President and CEO Kelly Ortberg

Boeing names Dana Deasy Chief Information Officer Read More »

British Airways to acquire Boeing’s MRO business at Gatwick Airport

Japan Self-Defense Forces to upgrade fleet with 17 CH-47 Block II Chinook helicopters

Altavair completes transaction with Marathon, Ethiopian Airlines and Boeing

Boeing predicts four-fold growth in South Asia’s aviation sector

Spirit AeroSystems’ shareholders approve acquisition by Boeing

TAAG Angola Airlines receives first Dreamliner in new livery

Boeing shares rally despite heavy fourth-quarter loss

Boeing faces US$4 billion loss for fourth quarter

Boeing partners with Norsk e-Fuel to advance SAF production

Boeing names Dana Deasy Chief Information Officer

Stay Connected

Subscribe