Aircraft lessor Aviation Capital Group has finalized an order for 35 Boeing 737 MAX jets, the companies said on Monday.
Improving the delivery rate on the 737 is the key to Boeing's growth plans. Management reported a sharp increase in deliveries in June.
Airbus forecasts that it'll be able to double the size of its global fleet to 48,230 planes by 2043. The demand comes from strong growth in Asia and the Middle East, per Airbus.
Boeing's airplane deliveries are behind schedule, and the company is struggling to meet its medium-term assumptions on deliveries. Boeing's defense business continues to disappoint as the company works through problematic fixed-price development programs.
Boeing formally began flight testing of the 777-9 with U.S. aviation regulators onboard, The Air Current reported late on Friday, marking a step forward in the certification process.
Boeing's (BA) second-quarter total deliveries total 120 units compared with 174 in the year-ago period. Airbus delivers 181 commercial aircraft in the second quarter.
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Boeing secured an order for 35 of its 737 Max jets from Aviation Capital Group. It's a boost for the firm's troubled jet that faces delays in production and certification.
Boeing has notified some 737 Max customers in recent weeks that aircraft due for delivery in 2025 and 2026 might face additional delays of three to six months, Bloomberg News reported on Thursday, citing people familiar with the matter.
Boeing is nearing a potential sale of some two dozen 777X jets to Korean Air in a roughly $4 billion to $6 billion deal that could be finalised as early as July's Farnborough Airshow, industry sources said.
U.S. Senate Commerce Committee chair Maria Cantwell said Thursday she wants Boeing CEO Dave Calhoun to appear before her committee as she prepares legislation that would boost Federal Aviation Administration oversight of planemakers.
In January, Alaska Airlines flight 1282 nearly fell out of the sky when it lost a door plug at an altitude of more than 10,000ft, leading to rapid decompression of the main cabin of the plane.