Boeing: Wage talks break off without progress to end strike September 28, 2024 IAM said that its pay deal talks with Boeing had broken off and that there were no further dates scheduled for negotiations at this time.
Aircraft orders still lagging behind despite UK airlines hitting 2024 high August 23, 2024 The number of aircrafts being ordered by UK airlines hit its highest monthly figure in July as a slew of deals at the Farnborough Airshow helped the industry weather wider supply chain issues. Some 131 orders were placed over the month, outpacing every other month in 2024 and representing the largest July delivery rate on [...]
Senior: Rolls-Royce partner reports dip in profit amid Boeing 737 Max setbacks August 5, 2024 The FTSE 250 aerospace and defence supplier said operating profit and pre-tax profit had fallen, despite booming demand for travel worldwide.
Boeing names ex-Rockwell Collins boss as successor to departing chief Calhoun July 31, 2024 Former Rockwell Collins chief Kelly Ortberg joins the US planemaker during one of the most turbulent periods in its history.
Airbus chief: Starmer should press ahead with Heathrow third runway July 28, 2024 The boss of Airbus has backed building Heathrow’s third runway, as the new government moots whether to put its weight behind the controversial proposals. Heathrow’s chief executive warned last week the airport wouldn’t be able to meet rising demand for travel without expanding capacity. The UK’s busiest hub reported record traffic in the first half [...]
Boeing expects 787 suppliers to catch up by year’s end July 20, 2024 Boeing expects delayed suppliers to catch up on parts that have slowed production of its 787 jets to below a rate of five a month.
Boeing will plead guilty in 737 Max crash deal while facing maximum fine July 8, 2024 The charge comes after Boeing breached a 2021 agreement with the Department of Justice in the wake of the incidents.
Embattled Boeing buys back Spirit Aerosystems for £3.7bn after two-decade split July 1, 2024 The deal follows months of negotiations and also ropes in the US planemaker's arch-rival, Airbus.
Aircraft orders fall over 75 per cent in May as Boeing and Airbus woes continue July 1, 2024 According to the latest data from the ADS Group, 31 aircraft orders were placed over the month, which is 79 per cent fewer year-on-year.
Airbus shares plummet after planemaker fails to capitalise on Boeing woes June 25, 2024 Airbus shares rose as the crisis at Boeing kicked off in January. But now it looks like the hype may have been overblown.