United Airlines reports a $737 million net profit for 2022, a significant improvement over the $-1.964 billion loss for 2021. The fourth quarter saw good margins but was impacted by storm Elliott. United Airlines: $737 million net profit in 2022.…
Boeing has won net orders for 808 aircraft and delivered 480 in 2022. The numbers come on the back of a strong December, which saw 203 net orders and 69 deliveries, the airframer reported today. The US airframer recorded 935 gross…
United Airlines is fully committed to Boeing for its long-term widebody and narrowbody fleet requirements by confirming a bumper order for 100 Dreamliners and 100 MAX. The 787 order that was announced today is the largest widebody aircraft order by a…
Tier-1 supplier Spirit AeroSystems is to initiate a cost reduction program to reduce structural costs and improve profitability and cash flow in 2023. It says it needs to as production rates of the Boeing 737/MAX remain around 31 per month, Spirit…
Boeing intends to significantly ramp up the production rates of all its commercial aircraft projects in 2025-2026 and intends to strengthen its financial position. Boeing shared its plans today during its Investors Conference in Renton. Boeing wants to get back…
UPDATE – A $2.8 billion charge on fixed-price defense development programs had a significant impact on Boeing’s earnings and revenues, resulting in a $-3.308 billion consolidated net loss in Q3. But despite more aircraft deliveries and higher revenues, Commercial Airplanes…