Key Points: 26 commercial aircraft delivered to customersOrder backlog of 4,016 aircraft21 737 MAX aircraft delivered in January777X forecast remains the same Boeing has reported the company delivered 26 commercial aircraft to customers last month but order cancellations continued to outpace new sales as the manufacturer is still struggling in the Covid-19 … [Read more...] about Aircraft cancellations continue to outpace sales for Boeing
Boeing pushes 777X deliveries to late 2023 as the company posts record annual loss
Key Points: Boeing shares fell nearly 4% after its earnings report2020 net loss hit a record of $11.9 billion737 Max grounding and the coronavirus pandemic both contributory factorsTotal company backlog at quarter-end was $363 billionOperating cash flow of ($4.0) billion Covid-19 has decimated air travel globally and the aircraft manufacturers are now really feeling … [Read more...] about Boeing pushes 777X deliveries to late 2023 as the company posts record annual loss
FAA Approve the Max to Fly
Following 20 months of investigation and work the FAA approves the Boeing 737 MAX as airworthy The Federal Aviation Administration (FAA) has cleared the Boeing 737 MAX to fly. Key Points: FAA approves 737 MAX to flyAirworthiness approval follows a nearly two-year engineering and re-certification programRe-certification of the aircraft enables Boeing to begin handing … [Read more...] about FAA Approve the Max to Fly
Boeing suffer more commercial 737 MAX cancellations as airworthiness approval is in sight.
Boeing has reported more cancellations to orders of its 737 MAX jet as the airworthiness approval lines draws nearer. Key Points: 12 more cancellations for the 737 MAX4,275 outstanding ordersFederal Aviation Administration (FAA) is its latter stages of concluding its work Boeing has reported more cancellations to orders of its 737 MAX jet as the airworthiness … [Read more...] about Boeing suffer more commercial 737 MAX cancellations as airworthiness approval is in sight.
King Aerospace to construct a new 90,000-sq-ft hangar at its Oklahoma facility early next year
Texas-based aviation MRO services provider King Aerospace will start construction early next year on a new 90,000-sq-ft hangar at its Oklahoma facility. King specializes in bizliner aircraft such as the BBJ. The companies FAA and EASA certified repair station offers avionics, interiors, modifications, and paint. The larger hangar will allow it to accommodate multiple … [Read more...] about King Aerospace to construct a new 90,000-sq-ft hangar at its Oklahoma facility early next year