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…
Today, with much-deserved fanfare, Airbus launched the A321XLR. The new aircraft has as its launch customer, ALC, whose top bosses were on hand to sing the praises of the aircraft and its siblings the A321LR and A321neo. Lost in the…
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…
Two stories emerged on the MAX today, the first indicating, as we previously forecast, a December return to service, and the second, that German authorities refused airspace passage for a Norwegian 737MAX being repositioned without passengers that was forced to…