Morningstar DBRS sheds light on the renewed safety concerns enveloping Boeing, which are poised to significantly impact the aviation giant’s operational capabilities, including its ability to maintain timely aircraft deliveries. This situation presents substantial implications for the airline industry, potentially affecting growth plans, operational schedules, airfare pricing, and the ambitious decarbonization targets set by many
Wagner Corporation’s $550 million Wellcamp Aerospace and Defence Precinct in Toowoomba, west of Brisbane, has taken a major step forward as a global hub for advanced manufacturing with the groundbreaking ceremony for Boeing’s new production facility. The sod was turned today on the 9,000sqm facility that will anchor the precinct, where Boeing will manufacture its
The fleet of Alaska Airlines is set to be rejuvenated and expanded with the first arrival of the Boeing 737-8, marking a strategic enhancement to their collection of aircraft and laying the foundation for sustained future success. Nat Pieper, the airline’s senior vice president of fleet, finance, and alliances, underlined the opportunities this new addition
While market share between Boeing and Airbus has often remained quite close in this key sector, Airbus appears to have pulled ahead to hold a solid majority of the market in recent months, now boasting a 68 per cent share.
Irish-based aircraft lessor SMBC Aviation Capital has struck a deal with Boeing to secure another 14 new 737 MAX 8 jets, bringing its MAX portfolio to over 120, as the company gears up for a recovery in the air travel market. Speaking with the media following the announcement, SMBC Aviation Capital CEO Peter Barrett said
Boeing is ambitiously planning to ramp up its production output of the 737 MAX to 42 jets per month by Q3 2022, according to sources close to the matter. The move is intended to mark the end of the planemaker’s battle on two fronts, following the COVID-19 pandemic and a years-long PR disaster following two
