Luxair, the Luxembourgish airline, and Boeing announced at the Paris Air Show 2023 that the carrier has selected the Boeing 737-7 as it continues its single-aisle growth strategy. In selecting the 737-7 the carrier will become the European launch customer for the airplane with an agreement to purchase four jets. Since March 2023, Luxair has placed orders […]
Luxair becomes European launch customer for Boeing 737-7 Read More »
Boeing has released its 2023 Commercial Market Outlook (CMO), predicting a robust demand for commercial airplanes and services in the next 20 years. With international and domestic air travel rebounding to pre-pandemic levels, Boeing projects a global demand for 42,595 new commercial jets valued at US$8 trillion by 2042. This outlook, presented ahead of the
Boeing forecasts US$8 trillion market for 42,595 new commercial jets by 2042 Read More »
Boeing has entered into an agreement with AirNav Indonesia to explore initiatives aimed at further improving the safety and efficiency of Indonesia’s national air traffic management system. Enhancing airport and flight operations can contribute to the safety and long-term viability of Indonesia’s aviation system by enabling more efficient aircraft movement and reducing fuel consumption. The
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Boeing can now add Papua New Guinea’s flag-carrying airline, Air Niugini to its list of over 85 customers for its 787-8 Dreamliner. The Pacific Island carrier has announced it is to purchase two of the long-haul aircraft in a bid to grow its network across Asia and Australasia. Air Niugini will now be able to
Papua New Guinea’s Air Niugini to purchase two new Boeing Dreamliners Read More »
Boeing has announced the delivery of one 767-300 Freighter to Air Tanzania. The plane, which arrived at Air Tanzania’s Dar es Salaam hub is both the first 767-300 Freighter for the African carrier, while also the first to be delivered to the continent of Africa. “We are thrilled to welcome the 767-300 Boeing Freighter to
Boeing delivers first 767-300 Freighter to Air Tanzania Read More »
Boeing and ST Engineering have signed a Memorandum of Understanding (MoU) to outline potential areas of collaboration in systems integration, training, local parts distribution, support and sustainment work for the P-8A Poseidon. Boeing and ST Engineering have identified opportunities to collaborate in a number of areas and will explore these in more detail, including jointly
Boeing and ST Engineering sign P-8A Poseidon sustainment MoU Read More »
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
