International Airlines Group (“IAG”) has signed a letter of intent to purchase 200 Boeing 737 MAX aircraft for its airlines, which include British Airways, Iberia, Vueling, and Level. The order is a boost to the 737 MAX program that is…
Korean Air announced plans to order 10 787-9 and 10 787-10 aircraft from Boeing at the Paris Air show, and will lease an additional 10 787-10 aircraft from AirLease corporation. This represents 20 new orders for Boeing, valued at $6.3…
There were no big announcements from Boeing today on the commercial aircraft front, reflecting the current problems with the MAX, the week-end 787 fire suppression controversy, delays for the GE9X powering the 777X, and continued study of business case for…
Randy Tinseth, Boeing’s Vice President of Commercial Marketing, presented Boeing’s updated Commercial Market Outlook today in Paris. The new forecast is more optimistic than last year’s forecast, with a demand for 44,040 aircraft over the next 20 years. Single-aisle…
2019 is perhaps going to be a very nasty order year unless the upcoming show springs a lot of surprises. Boeing’s O&D numbers were expected to look a worse than last year, especially deliveries. But we were not expecting it…
News Boeing over the last few years has continued to increase aircraft production while slightly reducing its work force, providing a labor productivity improvement for the company. When we look at this over a longer term, back to 2001, the…