Boeing

FreightWaves Staff Friday, January 10, 2020

FAA proposes $9.3 million in fines against Boeing, Southwest

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 […]

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Eric Kulisch Friday, November 1, 2019

American Airlines predicts cash buildup as costly fleet renewal subsides

American Airlines [NYSE: AAL] won’t have to make any major fleet decisions for at least six years after completing a $30 billion, multiyear modernization program, positioning American to significantly increase free cash flow and returns to shareholders, according to company executives. Since 2013, the Dallas-based airline has replaced nearly 500 aircraft and now has about […]

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Eric Kulisch Friday, October 11, 2019

Breaking News: Boeing separates CEO, chairman roles

The Boeing Co.’s [NYSE: BA] board of directors late Friday afternoon replaced Dennis Muilenburg as chairman with independent director David Calhoun, but kept him in place as chief executive officer. In an October 11 statement, the aerospace and defense company said splitting the roles will enable Muilenburg to focus full time on running the company […]

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Eric Kulisch Wednesday, October 9, 2019

American Airlines to resume Boeing 737 MAX service in January

American Airlines [NYSE: AAL]said it expects to begin phasing in the Boeing 737 MAX into service by mid-January, nearly nine months after aviation authorities grounded the plane for safety reasons. The Dallas-based airline said in a statement Oct. 9 that the Federal Aviation Administration will likely recertify the aircraft later this year and that it […]

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Eric Kulisch Tuesday, October 8, 2019

Boeing deliveries plummet in Q3

Commercial airplane deliveries at The Boeing Co. [NYSE: BA] nose-dived by two-thirds in the third quarter compared to the same period in 2018 and by almost half year-to-date, according to figures released by the company Oct. 8. The plunge in sales is largely due to the March grounding by regulators of the next-generation 737 MAX […]

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Eric Kulisch Wednesday, September 18, 2019

Airbus hikes forecast for future freighter demand

Airbus has elevated its 20-year demand forecast for all-cargo aircraft, saying the market will need 2,800 specialized units to handle growth in international trade and e-commerce, 400 more than it estimated last year.  The European aircraft manufacturer predicts air cargo will double by 2038 based on a compound annual growth rate (CAGR) of 3.6%, up […]

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Eric Kulisch Tuesday, September 10, 2019

Boeing 777X test failure has muted impact for air cargo sector

News that a key test on Boeing’s next-generation 777 wide-body jetliner went awry last week raised questions about possible production and delivery delays, but for all-cargo fleets, the glitch is a non-issue because no freighter variant is planned right now. Still, the plane provides great value as a cargo hauler because its huge lower deck […]

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