All articles tagged with #aircraft delivery
Originally Published 2 months ago — by The Guardian
Boeing delayed the delivery of its 777X jets to 2027, incurring nearly $5 billion in charges due to ongoing delays, which have accumulated to over $15 billion, impacting its finances and opening opportunities for competitors like Airbus, while the company sees some positive signs in increased aircraft production and deliveries amid rising international travel demand.
Originally Published 7 months ago — by Reuters
A Boeing 737 MAX 8, painted for Xiamen Airlines, has landed in China, marking the resumption of Boeing's aircraft deliveries to Chinese airlines after a temporary halt due to U.S.-China tariff tensions. The delivery restart follows a 90-day tariff scale-back, highlighting improving trade relations and the importance of the Chinese market for Boeing.
Originally Published 1 year ago — by The Guardian
United Airlines attributes a $200m hit to its earnings in the first quarter to the grounding of its Boeing 737 Max 9 jets following a mid-flight blowout, resulting in a $124m loss. The carrier had to ground 79 Max 9 aircraft during the three-week period, the most by any carrier. Additionally, a whistleblower has raised concerns about Boeing's 787 Dreamliners, alleging production shortcuts that could lead to premature failure, while United Airlines faces aircraft delivery delays and adjusts its fleet plan due to restrictions on Boeing's production capacity.
Originally Published 1 year ago — by CNBC
United Airlines has reduced its 2024 aircraft delivery plan and adjusted its fleet plan due to delays from Boeing, expecting to receive 61 new narrow-body planes this year instead of the previously anticipated 101. The airline plans to lease Airbus A321neos in 2026 and 2027, turning to Boeing's rival for new planes. United is also facing a Federal Aviation Administration safety review, which has led to postponed services and a temporary grounding of the Boeing 737 Max 9, resulting in a net loss of $124 million in the first quarter. Despite this, the airline expects to post earnings of between $3.75 and $4.25 in the second quarter and reiterated its full-year earnings forecast of between $9 and $11 a share.
Originally Published 1 year ago — by Bloomberg
The FAA is considering imposing restrictions on United Airlines, including preventing the carrier from adding new routes and barring the airline from flying paying customers on newly delivered aircraft, following a series of safety incidents.
Originally Published 2 years ago — by CNBC
Boeing delivered 60 aircraft in June, the highest number since March, as it aims to boost production of its popular planes. The company has delivered a total of 266 aircraft this year, falling short of rival Airbus' 316 deliveries. Boeing received orders for 288 aircraft in June, including a significant order from Air India, split between Boeing and Airbus. The company's total net orders for the month reached 305 aircraft. Boeing is set to report its second-quarter results on July 26 and will provide updates on its plans to increase production of the 737 Max and 787 Dreamliners.