Boeing has further revised its production rates for 2021 and 2022, it reported on July 29 at the presentation of its Q2 and HY1 results. The airframer confirms that first deliveries of the 777-9 (to Emirates) have slipped by a…
American Airlines reported a $-2.2 billion Q1 net loss on April 30, four times the size of its main competitor Delta ($-422 million). This includes special items, otherwise, the result would have been $-1.1 billion. Still, it is another indication…
Boeing intends to reduce its overall workforce by 10 percent or some 16.000 employees as it is confronted by the new market reality after the Covid-19 crisis, CEO David Calhoun has written in a letter to employees. The Commercial Airplanes…
Boeing ended 2019 with a net loss of $636 million, down from a $10.460 billion profit the previous year, reflecting the annus horribilis that followed the MAX-issues. Commercial Airplanes suffered most, recording a net los for the full year of…
After all 2019 has been for Boeing, the year’s orders and deliveries were expected to be at a historic low level. Still, the results presented on January 14 were even more somber. Boeing delivered 380 airliners while net orders including…
Russia is expecting the market for commercial aircraft to grow to 44.313 aircraft between 2019 and 2038, with the biggest share that of 166-200-seaters. United Aircraft Corporation (UAC) presented its latest outlook on the final trade day of the MAKS…