Boeing

Business News: Lufthansa Group to Buy 20 Boeing 787 Dreamliner Jets

Largest airline group in Europe becomes the newest Dreamliner customer FRANKFURT (STL.News) – Boeing [NYSE: BA] and Lufthansa Group today completed an order for 20 787-9 Dreamliner airplanes.  With the deal, valued at up to $5.8 billion per list prices, the largest airline group in Europe becomes the latest customer for the fastest-selling widebody airplane … Continue reading Business News: Lufthansa Group to Buy 20 Boeing 787 Dreamliner Jets

St Louis News: Boeing 737 Max Aircraft To Be Grounded Across U.S.

Southwest Airlines is Only Carrier Operating 737 Max at STL ST LOUIS, MO (STL.News) – The Federal Aviation Administration is issuing an order to immediately ground all Boeing 737 Max 8 and 737 Max 9 aircraft in the U.S.  The grounding is related to the recent crash of the aircraft in Ethiopia. Southwest Airlines is … Continue reading St Louis News: Boeing 737 Max Aircraft To Be Grounded Across U.S.

Business News: Boeing Statement on Ethiopian Airlines Flight 302

Chicago, IL (STL.News) – Today, Boeing released the following statement: Boeing is deeply saddened to learn of the passing of the passengers and crew on Ethiopian Airlines Flight 302, a 737 MAX 8 airplane.  We extend our heartfelt sympathies to the families and loved ones of the passengers and crew on board and stand ready … Continue reading Business News: Boeing Statement on Ethiopian Airlines Flight 302

The Latest: Ethiopian Airlines plane that crashed was new

ADDIS ABABA, Ethiopia (AP) — The Latest on Ethiopian Airlines crash (all times local): 1:10 p.m. Records show that the Ethiopian Airlines passenger plane that crashed shortly after takeoff Sunday morning from Addis Ababa en route to Nairobi was a new one. The Planespotters civil aviation database shows that the plane, a Boeing 737-8 MAX, … Continue reading The Latest: Ethiopian Airlines plane that crashed was new

Business News: Boeing Signs Deal for Up to 42 777X Airplanes with International Airlines Group

IAG’s British Airways picks the 777X to modernize a major part of its long-haul fleet 777X builds on 777 and 787 Dreamliner technology; will be world’s largest, most efficient twin-aisle jet LONDON (STL.News) Boeing [NYSE: BA] and International Airlines Group, the parent company of British Airways, announced the airline has committed to purchasing up to … Continue reading Business News: Boeing Signs Deal for Up to 42 777X Airplanes with International Airlines Group

Business News: Boeing statement on the recovery of the Cockpit Voice Recorder for Lion Air Flight 610

CHICAGO, IL – Jan. 14, 2019 – Today, Boeing (NYSE:BA) released the following statement: Boeing appreciates the hard work of the investigation team to locate the cockpit voice recorder (CVR) of Lion Air Flight 610. The CVR records radio transmissions and sounds in the cockpit, such as the pilots’ voices, audible alerts and aircraft/engine noise. … Continue reading Business News: Boeing statement on the recovery of the Cockpit Voice Recorder for Lion Air Flight 610

Business News: Boeing Statement on SAHA Airlines Accident

CHICAGO, IL – Jan. 14, 2019 – Today, Boeing (NYSE:BA) released the following statement: Boeing extends its profound condolences to the families and friends of those lost in the SAHA Airlines 707-320C cargo plane accident in Iran, as well as our best wishes for the recovery of those injured. In accordance with international protocol governing … Continue reading Business News: Boeing Statement on SAHA Airlines Accident

Business News: U.S. Air Force Accepts First Boeing KC-46A Pegasus Tanker Aircraft

SEATTLE, WA – Jan. 10, 2019 – The U.S. Air Force has accepted the first Boeing [NYSE: BA] KC-46A Pegasus tanker aircraft, setting the stage for the aircraft’s delivery to McConnell Air Force Base, in Wichita, Kan., in the coming weeks. “The KC-46A is a proven, safe, multi-mission aircraft that will transform aerial refueling and … Continue reading Business News: U.S. Air Force Accepts First Boeing KC-46A Pegasus Tanker Aircraft

Business News: Boeing Delivers First 737 MAX Airplane to Royal Air Maroc

Morocco’s flag carrier continues to modernize its fleet with the first of four 737 MAX 8s Royal Air Maroc’s first 787-9 Dreamliner also arrived this month SEATTLE, WA – Boeing [NYSE:BA] today delivered the first 737 MAX for Royal Air Maroc, which plans to use the fuel-efficient, longer-range version of the popular 737 jet to … Continue reading Business News: Boeing Delivers First 737 MAX Airplane to Royal Air Maroc

Business News: Embraer and Boeing Approved the Terms of Strategic Aerospace Partnership, Seek Brazilian Government Approval

SAO PAULO, CA and CHICAGO, IL – Embraer [B3: EMBR3, NYSE: ERJ] and Boeing [NYSE: BA] have approved to the terms of a strategic partnership that would position both companies to accelerate growth in global aerospace markets. The approved terms define the joint venture comprising the commercial aircraft and services operations of Embraer, in which … Continue reading Business News: Embraer and Boeing Approved the Terms of Strategic Aerospace Partnership, Seek Brazilian Government Approval

Business News: Boeing on Contract for Second Japan KC-46 Tanker

EVERETT, WA – The U.S. Air Force has exercised the option for the Japan Air Self-Defense Force’s second Boeing [NYSE: BA] KC-46 tanker through the Foreign Military Sale (FMS) process. Boeing was awarded the initial FMS contract for Japan’s first KC-46 aircraft and miscellaneous logistics services in December 2017 following the Japan Ministry of Defense’s … Continue reading Business News: Boeing on Contract for Second Japan KC-46 Tanker

Business News: Boeing, Air Lease Corp., Deliver Cayman Airways’ First 737 MAX

Carrier modernizes its fleet with new fuel efficient, longer-range 737 MAX 8 airplanes Four airplanes to be secured through leading airplane lessor Air Lease Corporation SEATTLE, WA – Boeing [NYSE: BA] and Air Lease Corp. [NYSE: AL; “ALC”] today delivered the first 737 MAX 8 for Cayman Airways.  The first 737 MAX to enter service … Continue reading Business News: Boeing, Air Lease Corp., Deliver Cayman Airways’ First 737 MAX

Business News: Boeing, Turkish Airlines Announce Order for Additional 777 Jets

Amid record financial results and strong demand, Turkey’s flag carrier adds three Boeing 777 Freighters Turkish’s freight business growing by double digits; aims to be one of the world’s largest cargo carriers Boeing to open engineering center in Istanbul, expanding strategic partnership with Turkey SEATTLE, WA – Boeing [NYSE: BA] and Turkish Airlines today announced … Continue reading Business News: Boeing, Turkish Airlines Announce Order for Additional 777 Jets

Business News: Boeing Statement on Lion Air Flight JT 610 Investigation

Boeing published the following statement Wednesday, November 21, 2018: We are deeply saddened by the loss of Lion Air Flight JT 610. We extend our heartfelt condolences and sympathies to the families and loved ones of those on board. We are taking every measure to fully understand all aspects of this accident, working closely with … Continue reading Business News: Boeing Statement on Lion Air Flight JT 610 Investigation

Business News: Boeing, Caribbean Airlines Announce Selection of 737 MAX

Airline announces decision to renew its fleet with more efficient and longer-range MAX 12 737 MAX 8 jets will replace current fleet and provide up to 16 percent fuel savings PORT OF SPAIN, Trinidad – Boeing [NYSE: BA] and Caribbean Airlines today announced the airline has chosen to enhance and renew its single-aisle fleet with the … Continue reading Business News: Boeing, Caribbean Airlines Announce Selection of 737 MAX

Business News: Boeing Awarded $204 Million Contract for F/A-18 Super Hornet, Growler Modifications

Three-year award builds on nearly 20 years of F/A-18 maintenance and support expertise PLANO, TX – Boeing [NYSE: BA] will continue its nearly 20-year legacy of F/A-18 modification work under a new $204 million contract award from the U.S. N aval Air Systems Command. The sole-source contract, which covers inspections, modifications and repair work on … Continue reading Business News: Boeing Awarded $204 Million Contract for F/A-18 Super Hornet, Growler Modifications

Business News: Boeing HorizonX Ventures Invests in Accion Systems to Propel Satellite Capabilities

Investment accelerates development of new satellite propulsion capabilities for low and medium Earth orbit and deep space CHICAGO, IL – Boeing [NYSE: BA] today announced its investment in Accion Systems Inc., a Boston, Mass.,-based startup pioneering scalable electric propulsion technology to transform satellite capabilities in and beyond Earth’s orbit. Accion’s new Tiled Ionic Liquid Electrospray … Continue reading Business News: Boeing HorizonX Ventures Invests in Accion Systems to Propel Satellite Capabilities

LONDON | Boeing, Airbus report roaring sales at close of Farnborough

LONDON — Airbus and Boeing say demand for aircraft surged at the Farnborough International Airshow amid increased passenger and cargo traffic. The world’s biggest commercial aircraft makers reported firm orders and commitments for future purchases worth tens of billions of dollars as the show’s commercial side ended Thursday. U.S.-based Boeing announced a total of 673 … Continue reading LONDON | Boeing, Airbus report roaring sales at close of Farnborough

Boeing Awarded $427 Million Defense Logistics Agency Contract

ST. LOUIS, MO – The Defense Logistics Agency (DLA) has awarded Boeing [NYSE: BA] a five-year $427 million sole-source contract to provide and manage consumable material for F/A-18 depot maintenance with the option for five additional years.  This is an extension of the DLA/Boeing Captains of Industry program and the program’s first depot contract supporting … Continue reading Boeing Awarded $427 Million Defense Logistics Agency Contract

Boeing & Ryanair Announce Order for 25 737 MAX 8s

DUBLIN – Boeing [NYSE: BA] and Ryanair today announced they finalized an order for 25 additional high-capacity 737 MAX 8 airplanes.  The $3 billion order, at current list prices, was previously listed as unidentified on Boeing’s Orders & Deliveries website. “We are pleased to announce the exercise of 25 Boeing 737 “Gamechanger” options, bringing our … Continue reading Boeing & Ryanair Announce Order for 25 737 MAX 8s

Boeing & Lion Air Group Announce Order for 50 737 MAX 10 Airplanes

Fast-growing carrier placed the largest incremental order of Boeing’s newest 737 jet MAX 10 will be the most efficient and profitable single-aisle airplane Lion Air Group to operate MAX 8, 9, and, 10, maximizing commonality and flexibility JAKARTA, Indonesia – Boeing [NYSE: BA] and the Lion Air Group today announced the airline purchased 50 of … Continue reading Boeing & Lion Air Group Announce Order for 50 737 MAX 10 Airplanes

Boeing 737 MAX 7 Completes Successful First Flight

SEATTLE, WA (STL.News) Boeing’s [NYSE: BA] new 737 MAX 7 successfully completed its first flight yesterday.  The airplane remains on schedule and now begins a comprehensive flight test program leading to certification and delivery in 2019. “Everything we saw during today’s flight shows that the MAX 7 is performing exactly as designed,” said Keith Leverkuhn, … Continue reading Boeing 737 MAX 7 Completes Successful First Flight

Boeing & Turkish Airlines Finalize Deal – Up to 30 787 Dreamliners

SEATTLE, WA (STL.News) Boeing [NYSE:BA] and Turkish Airlines announced they have finalized a firm order for 25 787-9 Dreamliners with options for five more airplanes.  The firm order will allow Turkey’s flag carrier to further meet the growing demand at its home airport, Istanbul’s third airport, and improve the flying experience for passengers. With this … Continue reading Boeing & Turkish Airlines Finalize Deal – Up to 30 787 Dreamliners

Boeing profit tops expectations; gives strong 2018 outlook

CHICAGO/January 31, 2018(AP)(STL.News)— Boeing’s fourth-quarter profit easily topped Wall Street’s view, buoyed by strong deliveries and recent tax reform legislation. The aircraft company also released a better-than-expected 2018 outlook. Shares climbed more than 4 percent in Wednesday premarket trading. For the period ended Dec. 31, the Boeing Co. earned $3.13 billion, or $5.18 per share. … Continue reading Boeing profit tops expectations; gives strong 2018 outlook

Boeing & Royal Air Maroc Announce Orders for Four 787 Dreamliners

Morocco’s flag carrier expands 787 fleet to enable growth in international routes SEATTLE,WA/December 27, 2017 (STL.News) – Boeing [NYSE:BA] and Royal Air Maroc (RAM) today announced orders for (4) 787-9 Dreamliners – valued at $1.1 billion at list prices – that will enable Morocco’s flag carrier to expand international service. The orders, previously listed as … Continue reading Boeing & Royal Air Maroc Announce Orders for Four 787 Dreamliners

Dubai Air Show opens with Emirates’ $15.1B Boeing buy

DUBAI, United Arab Emirates/November 12, 2017 (AP)(STL.News) — Long-haul carrier Emirates purchased 40 American-made Boeing 787-10 Dreamliners on Sunday at the start of the biennial Dubai Air Show, a $15.1 billion deal certain to please U.S. President Donald Trump who has touted the plane’s sales as a job creator in America. The deal appeared to … Continue reading Dubai Air Show opens with Emirates’ $15.1B Boeing buy

Boeing Donates $1 Million to Assist Hurricane Harvey Recovery and Relief Efforts

Contributions directed across Texas through the American Red Cross CHICAGO, August 31, 2017 (STL.News) – In a press released distributed August 29, 2017, news provided by Boeing, distributed by PR Newswire, the following information was announced. The Boeing Company [NYSE: BA] is committing $1 million from the Boeing Charitable Trust to assist with disaster relief … Continue reading Boeing Donates $1 Million to Assist Hurricane Harvey Recovery and Relief Efforts

Boeing recently announced its newest board member, Caroline Bouvier Kennedy

August 28, 2017 (STL.News) In a press release distributed by Boeing (NYSE: BA) dated August 10, 2017 announced that their newest board member is Caroline Bourvier Kennedy, daughter of former president John F. Kennedy and Jacqueline Kennedy Onassis. Kennedy was born in New York City, New York on November 27, 1957 Kennedy has a Bachlors … Continue reading Boeing recently announced its newest board member, Caroline Bouvier Kennedy

Macron kicks off Paris Air Show with airborne entrance

PARIS/June 19, 2017 (AP)(STL.News) — The French president descended from the skies in a European military plane and Airbus and Boeing raced to impress with big plane orders as the Paris Air Show got underway Monday. French President Emmanuel Macron landed at the Bourget airfield in an Airbus A400-M military transport plane to launch the … Continue reading Macron kicks off Paris Air Show with airborne entrance

The Latest: Boeing unveils plans for new version of 737 Max

PARIS/June 19, 2017 (AP)(STL.News) — The Latest on the Paris Air Show (all times local): 11:05 a.m. Boeing is announcing plans for a new, longer version of its 737 Max jet at the Paris Air Show in hopes of boosting orders for the single-aisle plane in its race with European rival Airbus. The CEO of … Continue reading The Latest: Boeing unveils plans for new version of 737 Max