SQUAWK

Boeing VC-25B takes $318m loss due to Covid restrictions and supplier dispute

Boeing’s V-25B was snagged by coronavirus restrictions and a dispute with a supplier in the first quarter of 2021, causing the company to report a $318 million loss on the Presidential Aircraft Replacement programme. Boeing’s V-25B was snagged by coronavirus restrictions and a...

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Spirit AeroSystems acquires MRO provider Applied Aerodynamics

Aerostructures manufacturer Spirit AeroSystems has acquired US composites MRO provider Applied Aerodynamics.  Aerostructures manufacturer Spirit AeroSystems has acquired US composites MRO provider Applied Aerodynamics. Spirit, which provides repairs for its nacelles and thrust reversers on Boeing 737s and 777s, says that the acquisition enables it to expand MRO activities...

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New aircraft efficiency will rely less on propulsion, more on engineering: Boeing CEO

Boeing chief executive David Calhoun believes that the next generation of aircraft will distinguish themselves by the way they are engineered and constructed, rather than through increasingly efficient engines alone. Boeing chief executive David Calhoun believes that the next generation...

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Avelo launches operations with flight from Burbank to Santa Rosa

Avelo Airlines, a new US startup passenger carrier, has completed its inaugural flight from Burbank, in the Los Angeles suburbs, to Santa Rosa, north of the San Francisco Bay Area. Avelo Airlines, a new US startup passenger carrier, has completed...

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Boeing aims to evenly split narrowbody aircraft market share

Boeing aspires to split the narrowbody aircraft market evenly with Airbus after losing ground to the European airframer as a result of the nearly two-year grounding of its 737 Max. Boeing aspires to split the narrowbody aircraft market evenly with Airbus...

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Boeing delivers nine 787s after five-month pause

Boeing has delivered nine of its widebody 787 Dreamliners following a five-month break due to quality issues. Boeing has now delivered nine of its widebody 787 Dreamliners following a five-month break due to quality issues, and intends to deliver 10-12...

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Boeing pauses deliveries of 737 Max while awaiting electrical fix

Boeing has paused deliveries of its 737 Max narrowbody as it works on a fix for the electrical issues that forced airlines to temporarily pull some of their aircraft from service. Boeing has paused deliveries of its 737 Max narrowbody as it fixes...

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Boeing calls on US government to normalise trade relationship with China

Boeing is calling on the administration of president Joe Biden to reinstate trade relations with China, saying aircraft orders from that country will be key to the airframer’s long-term health. Boeing is calling on the administration of president Joe Biden...

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Swiss poised to announce further cuts and pivot to leisure markets

Lufthansa Group carrier Swiss is set to announce a further reduction in the size of its business and an increased focus on leisure markets, according to the airline’s chief executive, Dieter Vranckx. Lufthansa Group carrier Swiss is set to announce a further...

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737 Max operators to check for transducer corrosion after storage

Operators of Boeing 737 Max jets are being instructed to check the type’s engines for potential corrosion on components, which could result in reduced thrust control. The 737 Max family is exclusively powered by CFM International Leap-1B engines. As a...

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