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Topic

Boeing Co

Boeing plans new 737 MAX output jump in late-2022

Boeing plans new 737 MAX output jump in late-2022

Published 21 May, 2021 08:23pm
  • Boeing officially targets 31 MAX a month in early 2022.
  • Sources say it is discussing up to 42/month in fall 2022.
  • Also seen planningh interim step of 26/month by end-2021.
  • Outcome depends on factors including demand, supply chain.
Embattled Boeing posts smaller loss as more Americans fly

Embattled Boeing posts smaller loss as more Americans fly

Published 28 Apr, 2021 08:16pm
  • But optimism in a resurgent US domestic travel market is offset by growing concerns over COVID variants in India and elsewhere, clouding the industry's recovery.
  • Boeing shares fell 2.9% to $235.31, compared to a fractionally lower Dow Jones Industrial Average.
Stocks on Wall Street fall again

Stocks on Wall Street fall again

Published 22 Apr, 2021 03:55am
NEW YORK: Stocks on Wall Street fell for a second straight day on Tuesday as a global spike in coronavirus cases hit...
Turkish Airlines to fly 737 MAX jets after authority approval

Turkish Airlines to fly 737 MAX jets after authority approval

Published 09 Apr, 2021 07:00pm
  • The Boeing 737 MAX was grounded globally in March 2019 after two deadly crashes. The source said Turkish Airline's first flight is planned between Istanbul and the capital Ankara on April 12.
  • Separately, Boeing Co has asked 16 of its customers to address a potential electrical problem in certain 737 MAX airplanes prior to further operations.
Boeing secures 24 737 MAX orders from investment firm 777 Partners

Boeing secures 24 737 MAX orders from investment firm 777 Partners

Published 12 Mar, 2021 09:12pm
  • Miami-based 777 Partners, which has a stake in Canadian ultra-low-cost carrier Flair Airlines, said it plans to lease the 737-8s to its affiliated carriers.
  • The deal is expected to boost Boeing's position and provide the much-needed support towards a financial recovery after two fatal 737 MAX crashes triggered a 20-month safety ban on the jet.
AerCap confirms aircraft-leasing business talks with General Electric

AerCap confirms aircraft-leasing business talks with General Electric

Updated 09 Mar, 2021 09:32pm
  • The US business, known as GE Capital Aviation Services or GECAS, is one of the world's biggest jet-leasing companies. It leases passenger aircraft made by companies including Boeing Co and Airbus SE.
  • No further statements will be made by the issuers or the company regarding this matter until the time of the conclusion of those discussions.
Flight simulator maker CAE's profit halves as pandemic weighs on demand

Flight simulator maker CAE's profit halves as pandemic weighs on demand

Published 12 Feb, 2021 08:04pm
  • CAE, which produces flight simulators for planemakers Boeing Co and Airbus, however, expects to see an uptick in training contracts as more people get vaccinated and resume air travel.
  • The world's largest civil aviation training specialist said its net income attributable to shareholders fell to C$48.8 million ($38.29 million).
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