In a significant development, a former chief technical pilot at Boeing Co has been charged with fraud for deceiving federal regulators evaluating the Boeing 737 MAX airplane; in a statement the Justice Department said, the former Boeing employee has also been… Read More ›
airplane maker
Ultra-long haul flights are key to Boeing’s growth
According to an executive from Boeing, the airplane maker has identified flights lasting 14 hours or more as a “key consideration” for its global growth strategy over the next 20 years. In recent weeks, these ultra-long haul flights have grabbed… Read More ›
Thyssenkrupp & Embraer selected by Brazil to build 4 corvettes
Thyssenkrupp did not disclose the value of the deal. On Friday, German industrial conglomerate Thyssenkrupp stated, it has been selected by Brazil’s navy along with domestic aircraft maker Embraer to build four corvettes. “We are very honored by the Brazilian… Read More ›
Implications of heightened scrutiny on Boeing
One of the strategies adopted by Boeing to mitigate aspects from its high-profile scrutiny, is reshuffling of executives in its commercial airplanes business, as it increases its focus on responding to the snow-balling situation. With U.S. lawmakers calling on Boeing… Read More ›
Airbus could potentially unveil the A321XLR in 2019
With Airbus already having an edge in the single-aisle long range market, the potential launch of an even longer range jet is likely to result in significantly upping the pressure on its competitor Boeing Co. Guillaume Faury, the incoming chief… Read More ›
Kuwait Airways to purchase 8 A330-800neo jets
Airbus is scheduled to make the deliveries between March 2019 through December 2026. On Monday, Kuwait Airways stated it has signed an agreement with Airbus to purchase eight A330-800neo airliners. The deal comes in the wake of five months of… Read More ›
Chinese airlines likely to spend $1.2 trillion for purchasing 7690 planes up to 2037: Boeing
China will also need spend $1.5 trillion to service its fleet of aircraft. On Tuesday, Boeing Co forecast, in the next two decades, Chinese airlines are likely to $1.2 trillion to purchase 7,690 planes. This current estimate which goes up… Read More ›
BOC Aviation Ltd to purchase 17 new Airbus jets worth $2.2 billion
Singapore-based BOC Aviation is Asia’s second biggest aircraft lessor. It expects deliveries of these aircrafts in 2020 & 2021. On Monday, BOC Aviation Ltd stated it would purchase 17 new Airbus A320NEO and A321NEO jets, at a combined value of… Read More ›
A no-Brexit deal will force Airbus to reconsider its presence in the U.K
Airbus sources wings for all of its commercial aircrafts from the UK. In the short term, a no-Brexit deal will impact its lead times and waiting lists for deliveries. In what is likely to be one of Airbus’ strongest warning… Read More ›
Will study impact of U.S. withdrawl from Iran nuclear deal: Airbus
Both Airbus and Boeing have commercial ties with IranAir. With U.S. President withdrwawing the United States from the deal, compliance to sanctions and export control regulations have suddenly become very complicated. European airplane maker Airbus stated, it will study the… Read More ›