Boeing takes $2.4B loss in Q2 due to COVID-19
Boeing commercial aircraft deliveries fell by more than half over the past six months, compared to the same period last year.
Boeing commercial aircraft deliveries fell by more than half over the past six months, compared to the same period last year.
More layoffs in Texas aerospace and freight services companies as coronavirus case numbers climb
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.
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Airbus expands manufacturing capability in the U.S. with a new assembly line.
Airlines need to reassure customers that airplanes are safe from coronavirus to win back their business. Enter Boeing, with its Confident Travel Initiative to help them develop best practices for doing that.
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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.
If it flies, it can be a cargo plane for coronavirus relief missions. Planes are being put to unconventional uses to support the coronavirus response, including cargo-only passenger aircraft with boxes in the seats or on the floor and heavylift cargo planes used by aircraft manufacturers to move wings and other aircraft sections.
If you need coronavirus gear, who you gonna call? Logistics busters!
Boeing waited much longer to close its South Carolina plant than ones in Washington. Airbus has closed more facilities, while others continue to operate.
Boeing will stop making planes for two weeks at most of its plants to protect workers from the coronavirus.
Competition is fierce in the e-commerce wars and efficiency is critical to customer service and profitability. DHL’s investment in new Boeing freighters is designed to keep growing that business line.
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.
Airbus warned that tariff increase on European aircraft would result in “more instability for U.S. airlines that are already suffering from a shortage of aircraft.”
Boeing was shut out on orders in January, but the sting was softened a bit by a deal for new passenger-to-freighter conversions.
Boeing is planning to begin 777X deliveries next year, but it is unclear when airlines will begin flying the new widebody.
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.