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
Boeing 777-9 Completes Firm Configuration Design
Boeing hits milestone of firm configuration design for the 777-9 Boeing has reached firm configuration of the basic design for the 777-9 airliner, the first of the two variants planned for the new 777X series. This stretched version is about 8.5 ft (2.6 m) longer than the 777-300ER and will also have new composite wings with foldable wing tips along with more fuel-efficient … [Read more...] about Boeing 777-9 Completes Firm Configuration Design
Boeing Announces 777X Cabin Interior Features
A series of improvements to feature on the forthcoming Boeing 777X are set to benefit Business and VIP owners of the jet. Designed specifically for longer trips, the 777X is going to make passengers even happier by incorporating technology and elements from the Dreamliner 787. High on the list is the change in cabin altitude to 6000 ft compared to 8000 ft for the current … [Read more...] about Boeing Announces 777X Cabin Interior Features
The end of the jumbo-jet era?
As commercial airlines select lighter and cheaper aircraft to operate such as the new Boeing 787 and Airbus's A350-XWB, what does the future hold for the private VIP completions industry? In the commercial world airlines are selecting midsized aircraft that are cheap to fly and easy to deploy - they are not selecting to buy 747's or A380 in numbers. The beginning of October … [Read more...] about The end of the jumbo-jet era?
Boeing begins 777X program discussions
It is reported that Boeing has started discussions with airline and leasing companies regarding the aircraft's proposed technical, pricing and schedule details of a Boeing 777X wide-body. Based on response of its key clients, Boeing will decide whether to proceed with the formal launch of 777X program, or not. The Boeing Board of Directors authorised the customer … [Read more...] about Boeing begins 777X program discussions