Page 9 - Boeing

Boeing calls for policy mix to boost sustainable fuel production

In November 2023, the National Biofuels Coordination Committee (NBCC), led by Union Petroleum Minister Hardeep Singh Puri, established "indicative" targets for blending SAF in ATF

Air India rules out more Boeing jet orders for now, says CEO Wilson

The former state carrier is in the midst of a multi-billion-dollar revamp in the face of established competition, after Tata Group took it over more than two years ago

Boeing signals more orders needed before setting up assembly line in India

The country's civil aviation minister told Reuters in 2023 that the time had come for Boeing and Airbus to make civil aircraft in India

Boeing to lay off about 400 workers on its SLS moon rocket programme

The US aerospace company cited revisions to NASA's Artemis program and cost expectations

IndiGo to lease Boeing 787-9 from Norse Atlantic for long-haul expansion

IndiGo has placed a firm order for 30 Airbus A350-900s, with an option for 70 more, expected for delivery from 2027

Industry's supply chain issues slowed Air India's growth, says Boeing

Airline CEOs in India don't want to talk about any new plane development, they want to talk about timely deliveries: Boeing

Boeing expects Indian, S Asian airlines to add 2,800 jets in next 20 yrs

The US planemaker's previous rolling 20-year market forecast, issued last year, was for 2,705 jets

Boeing names ISS executive Mulholland as new head of Starliner programme

Mulholland previously led Boeing's Starliner programme from 2011 before switching in 2020 to the company's International Space Station programme

Boeing CEO Ortberg signals portfolio review following $14 bn cash drain

The company has made progress in its turnaround, adjusting its factories and supplier base for higher production levels going forward, and addressing money-losing defense programs, Ortberg said

Boeing posts $3.8 bn loss in Q4, leading total loss to $35 bn since 2019

Boeing posted a fourth-quarter loss of USD 3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer. Boeing has lost more than USD 35 billion since 2019 following the crashes of two then-new Max jets that killed 346 people. The numbers Boeing released are in line with what the company pre-reported last week, including nearly USD 3 billion worth of charges in the period due to the labour stoppage, job cuts and problems with a number of government programmes. Boeing's loss per share was USD 5.46 per share, well above the USD 3.08 loss that Wall Street analysts expected, according to the data firm FactSet. The fourth quarter caps a rough year for Boeing. A strike by the machinists who assemble the best-selling 737 Max, along with the 777 jet and the 767 cargo plane at factories in Renton and Everett, Washington, halted production at those facilities and hampered Boeing's delivery capability. The walkout ended after more t

Boeing resumes 777X test flights after grounding in Aug due to engine issue

The grounding came just five weeks after it had started certification flights for the 777-9 with officials from the US aviation regulator onboard

Boeing's aircraft deliveries, orders in 2024 reflect company's rough year

Boeing delivered less than half the number of commercial aircraft to customers than its European rival in 2024 as the American aerospace giant's output suffered under intensified government scrutiny and a factory workers' strike, according to data released Tuesday. Boeing said it supplied 348 jetliners during the year. That was more than a third fewer than the 528 the company finished for airlines and leasing outfits in 2023 and less than half the number of jetliners that Airbus delivered last year. Deliveries are an important source of cash for plane manufacturers since buyers typically pay a large portion of the purchase price when their orders are fulfilled. More than three-quarters of the planes that Boeing furnished were 737 Max jets, a stark reminder of how integral its best-selling airline model has been to the company's fortunes and challenges. Boeing has lost money since 2019 following the crashes of two then-new Max jets that killed 346 people. The company expected to ram

Donating $1 million to Trump presidential inaugural fund, says Boeing

Boeing is joining many major US companies including General Motors, Ford, Microsoft and Meta in donating for the Jan. 20 event

Boeing culture overhaul a 'work in progress': Outgoing US transport secy

US aviation safety regulators dramatically stepped up scrutiny of the planemaker during Buttigieg's last year in office in response to the near-catastrophe

Air India becomes first Indian airline to offer Wi-Fi on domestic flights

In July last year, Vistara became the first Indian airline to provide Wi-Fi services on international flights. Vistara was merged into Air India in November

S Korean investigators extract black box data to find exact cause of crash

Grieving relatives of the victims of the South Korea plane crash gathered at the site to pay respects to their loved ones on New Year's Day, as officials said they've extracted data from one of the retrieved black boxes to find the exact cause of the crash. All but two of the 181 passengers and crew on board the Boeing 737-800 operated by Jeju Air died when it crashed at Muan International Airport, in southern South Korea, on Sunday. Video showed the aircraft without its landing gear deployed landing on its belly at high speed and then skidding off the end of the runaway into a concrete fence and bursting into flames. The footage showed the plane was experiencing an apparent engine problem in addition to the landing gear malfunction. Investigators say the pilot received a warning from air traffic controllers of possible bird strikes and the plane issued a distress signal before the crash. The Transport Ministry said in a statement Wednesday that it has completed works to extract da

Boeing secures year's largest 737 MAX order: 100 jets for Pegasus Airlines

The deal is worth $5.85 billion after typical industry discounts, according to estimated delivery prices from UK-based Cirium Ascend. Boeing shares rose 2.6 per cent

Boeing resumes 767 and 777 wide-body production after machinists' strike

The planemaker confirmed last week it restarted production of its best-selling 737 MAX jetliner in early December - about a month after the end of a seven-week strike

Boeing likely to restart 737 MAX production a month after strike ended

Getting the 737 MAX production line moving again is essential to the heavily debt-burdened planemaker's recovery, and Boeing has about 4,200 orders for the jetliner from airlines

Boeing lays off hundreds in Washington, California as part of planned cuts

Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that will eventually reduce the company's workforce by about 17,000. Nearly 400 Boeing employees were laid off in Washington state and more than 500 in California, news outlets reported Monday. The aerospace giant announced previously it would reduce its workforce by 10% in the coming months as it tries to recover from financial and regulatory troubles and a strike by its machinists that lasted almost two months. CEO Kelly Ortberg has said the strike did not cause the layoffs, which he said was the result of overstaffing. In November, the company started notifying workers who would be laid off. Notices filed with state employment agencies showed the first round of cuts impacted about 3,500 people around the country, The Seattle Times reported. Those cuts touched people in roles from engineers to recruiters to analysts and impacted Boeing's commercial, defense and global