Japan Airlines has ordered 10 Boeing 787-9 aircraft and agreed options for 10 more, the two companies said at a joint media briefing at the Farnborough Airshow on Monday.
Shares of Boeing Co. gained ground premarket Monday, after the aerospace giant announced a commitment from Korean Air to buy up to 50 widebody airplanes.
Korean Air ordered a mix of Boeing 787 Dreamliners and the yet-to-be certified 777X. The order is a vote of confidence for Boeing, which has struggled with delays across its jetliner portfolio.
Sometime between May and June 2024, SpaceX quietly raised the launch price it charges. Every SpaceX launch now generates 4.1% more revenue than it used to.
LONDON (AP) — European planemaker Airbus plans to show off its newest passenger jet with daily flight demonstrations during one of the world's biggest aviation trade fairs. But an ongoing safety and manufacturing crisis has rival Boeing keeping a lower profile at the Farnborough International Air Show.
Boeing is set to announce on Monday an order for roughly 20 777X jets from Korean Air , in a boost to the U.S. planemaker's long-delayed plane programme, two sources familiar with the matter said.
Boeing says it's "fighting through challenges" related to the complexity of the two new Air Force One jets have been delayed from late 2024 to 2027 and 2028.
Boeing Commercial Airplanes CEO Stephanie Pope said the company is making progress on improving its output of planes. She said the company's transformation plan could take years to fully implement.
Boeing's commercial airplane chief said the planemaker has settled on the design to address an engine anti-ice system that has significantly delayed certification of the 737 MAX 7 and suggested a fix could be completed by next year.
The head of Boeing's defense unit said Sunday the planemaker is still "fighting through challenges" in building two delayed U.S. presidential aircraft known as Air Force One.
Boeing has seen significant improvement in production in its 737 MAX factory, the company's commercial airplanes president, Stephanie Pope, told media on Sunday as part of a panel in London.
Boeing is set to report its second-quarter earnings on July 31. Ongoing production challenges with the Max 737 aircraft and regulatory uncertainties have pressured the stock.