After over two months of stunted production due to a 53-day machinist strike, Boeing has resumed building 737 MAX aircraft.
Boeing’s plea deal regarding criminal fraud conspiracy charges over two fatal 737 MAX accidents has been rejected by a federal judge.
Canada’s WestJet plans to start flying cargo jets next year after a frustrating wait to get the planes registered.
Qatar Airways is renewing its freighter fleet with a big order for an all-new aircraft from Boeing.
Greater fuel efficiency is allowing airlines to downsize to smaller aircraft on trans-Atlantic routes. That’s bad news for cargo shippers that need wide aircraft.
Alaska Airlines is building back its fleet.
A creative sale-leaseback deal gives Alaska Airlines more Boeing 737 MAX aircraft while reducing operating and leasing costs, plus debt.
The FAA chief was on the hot seat during a Senate hearing Wednesday looking into reforming the certification process for new aircraft after the 737 MAX grounding.
The U.S. Senate is proposing fixes for the FAA certification of new aircraft. It’s an issue after the Boeing 737 MAX was grounded.
Boeing’s stop-work order to its fuselage supplier has a lot to do with COVID-19 and the state of the airline industry.
United Airlines is steeling itself for a worst-case scenario that leisure and business travelers will not resume flying anytime soon, even with coronavirus restrictions lifted.
Boeing took a big loss in the first quarter and the rest of the year doesn’t bode better for a company plagued by ongoing technical problems with key products, and now facing little demand for aircraft.
Southwest Airlines is not used to losing money in any quarter or full year, but that will change in 2020.
From maintenance, to deferred aircraft upgrades, IT work to rejigger reservation systems, and extra fuel and maintenance costs the grounding of the Boeing 737 MAX is financial and operational constraint for airlines.
Headwinds from one-time expenses, geopolitical tensions in Asia and the grounding of Boeing 737 MAX aircraft kept Air Canada from growing profits in line with stock market expectations.
Boeing’s 737 MAX production won’t come rushing back as soon as regulators lift the aircraft’s flight ban. Slow and steady is the plan.
Boeing’s earnings and revenue failed to meet expectations, and the manufacturer revealed billions more in MAX-related costs.
DB Schenker, the freight transportation and contract logistics arm of German rail operator Deutsche Bahn AG, is the latest company to feel the downstream effects of the shutdown of Boeing Co.’s 737 MAX production line. Schenker Inc. in Wichita, Kansas, notified the state this week that it plans to lay off 255 workers, according to […]
Southwest Airlines is the latest carrier to describe how the loss of capacity from the 737 MAX grounding is eating into profits.
It doesn’t look like American’s cargo fortunes are going to turn around soon, but its overall operational performance is improving.
The airline plans to take 17 new cargo-friendly widebodies this year but doesn’t know when it will see any new 737 MAXs.
Changes need to be made, but the process the Federal Aviation Administration uses to certify aircraft — including the grounded Boeing 737 MAX — is effective and a significant contributor to the world’s safest aviation system, according to a panel of outside safety experts. In a report that is sure to rile Boeing (NYSE: BA) […]
For the second time in five weeks, the Federal Aviation Administration is proposing a multi-million dollar penalty against Boeing for allegedly installing improperly manufactured components on the wings of some of its 737s. The latest penalty proposal, announced by FAA late Friday afternoon, is $5.4 million for allegedly installing noncomforming slat tracks on approximately 178 […]
Boeing is in crisis management mode over the 737 MAX grounding and it cost CEO Dennis Muilenburg his job on Monday.
United Airlines is the most of aggressive of U.S. airlines in pushing back return-to-service of the 737 MAX as the fallout from the MAX grounding continues.
Action averts government shutdown, funds key infrastructure programs.
The chill felt in Southwest Airlines’ fourth quarter financial report won’t be weather-related, but because of the 737 MAX.
Boeing is like a boxer on the ropes. The latest body blow is having to suspend production of the 737 MAX while it undergoes further safety reviews.
The rolling delays for airlines to add the 737 MAX to their schedules continue, with an announcement by American and Southwest saying it got Boeing to pay it compensation for the grounded aircraft.
Updated at 3:15 p.m. EST. Earnings call adds. Cargo business fell during a challenging third quarter for American Airlines [NASDAQ: AAL], which faced operational disruptions and higher costs from labor issues, weather and the grounding of the Boeing 737 MAX. As previewed, the Dallas-based carrier reported Thursday that cargo revenue fell 20% to $208 million […]
Boeing Company’s stock [NYSE: BA] has fallen 32% since documents turned over to Congress and the U.S. Federal Aviation Administration on Oct. 17 revealed that a former Boeing test pilot kept quiet in 2016 about problems he encountered with the 737 MAX’s flight control system since blamed in two fatal crashes. The chief technical pilot […]
Story updated at 5:01 p.m. to reflect correction for passenger costs. United Airlines [NASDAQ: UAL] expects to drive down growth in operating expenses starting next year by replacing smaller aircraft with larger ones, primarily on domestic routes. Third quarter cost per available seat mile (CASM), excluding fuel and non-core expenses, increased 2.1% year-over-year to 9.8 […]
Taken by themselves, recent safety concerns with Boeing aircraft might be seen as part of normal checks and balances. But in the wake of the 737 MAX accidents, any safety question is receiving extra public scrutiny.
The Boeing 737 MAX grounding has strained operations and finances this year at several North American airlines, but executives caution the jetliner needs to be reintroduced to fleets in a gradual, coordinated way once authorities certify it to fly so they have time to build passenger bookings and conduct their own tests. A controlled rollout […]
Dickson will take on oversight of Boeing 737 MAX grounding.
Southwest Airlines posted second quarter adjusted earnings of 70 cents per share, beating Wall Street estimates of 61 cents per share. The small profits for Dallas-based Southwest Airlines came despite reporting a $175 million operating loss due to canceled Boeing 737 MAX flights, representing the loss of about 5 percent of its fleet. Southwest Airlines’ […]
Four months into the MAX grounding and several more to go, what’s the latest on the air cargo impact?
