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

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 […]

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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,

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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

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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

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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

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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

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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

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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

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Pegasus Airlines has opted for LEAP-1B engines to power its future B737-10 fleet

Pegasus Airlines chooses additional 100 Boeing 737 MAXs

Aircraft & Engines

Boeing and Pegasus Airlines have announced a landmark agreement for Türkiye’s leading low-cost carrier to expand and modernise its single-aisle fleet with an order of up to 200 737 MAX aircraft. The deal includes a firm order for 100 737-10 jets, with options for an additional 100. Pegasus Airlines launched operations nearly 35 years ago

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Boeing resumes production of all airplane programmes halted by strike

MRO & Production

Boeing announced late on Tuesday that it has resumed production of all its aircraft programmes previously halted due to a machinists’ strike in the Pacific Northwest, Reuters news agency reported. The aerospace company confirmed last week that production of its best-selling 737 MAX jetliner restarted in early December, approximately one month after the conclusion of

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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

Pegasus Airlines chooses additional 100 Boeing 737 MAXs

Boeing resumes production of all airplane programmes halted by strike

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