Airbus revealed a prototype scale model of a blended wing aircraft that could eventually become an airliner concept in the future. The concept called Maveric (Model Aircraft for Validation and Experimentation of Robust Innovative Controls) was announced on the first…
The Boeing Company released its 2019 results earlier this week, and the company’s financial health, driven by the MAX crisis, is now quite weak. This is, to a great degree, due to the stock buybacks over the last five…
News Boeing held its earnings call today, and the focus was, of course, on the MAX. While the quarterly results were terrible, Boeing’s estimate of just under $19 billion in additional costs from the MAX grounding and accidents indicate that…
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…
News After twice being delayed by poor weather, Boeing completed the successful first flight of the 777-9 on Saturday. The aircraft, which was launched at the Dubai Air Show in 2013 was scheduled to enter service last year, but has…
News Wednesday, Boeing’s new CEO David Calhoun spoke with the press for about 50 minutes, a sharp contrast to his predecessor, who typically walked away from tough media questions without answering them. While this openness to the press is laudable,…