Boeing is “on the verge” of turning the corner on most of its (self-inflicted) problems that have disrupted the OEMs business over the past three years. “While we know we have got more work to do, I would say that the feeling is confident”, Brian West, Chief Financial...
Due to the uncertain time schedule of the Boeing MAX 7, Southwest Airlines has renegotiated its long-term MAX backlog. It has reduced the number of MAX 7s on order by 26 and added 81 MAX 8s to its order book by converting previous orders and exercising purchase...
UPDATE – Boeing has confirmed that the first delivery of the 777-9 has slipped to 2025, without being more specific about the exact quarter. The airframer has revised the schedule of the 777X program, “which reflects an updated assessment of the time required to...
The Omicron effect on bookings and staffing will push Southwest Airlines back into a loss-making first quarter, but the carrier expects to be profitable for the rest of the year and end 2022 with black numbers. The US low-cost reported a $977 million net profit for...
Southwest Airlines continues its buying-mood by adding more Boeing MAX 7s to its fleet. During the third quarter, the carrier exercised options on eight aircraft for delivery in 2022 while on the first day of Q4 on October 1, it did the same for another eight for...
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