Boeing has been awarded a $178 million contract by the U.S. Air Force to produce seven MH-139A helicopters and provide sustainment and training support. This order brings the total number of aircraft under contract with the Air Force to 26. Azeem Khan, MH-139 program director, said, “Building the Grey Wolf fleet and paving the way
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
