All 737 Max grounding articles – Page 6
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NewsCFM strikes deal with Boeing on Leap-1B payments for 2020
Engine joint venture CFM International has struck an agreement to receive payment from Boeing for all Leap-1B powerplants delivered in 2020.
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NewsCFM to build 10 737 Max engines weekly for 2020
CFM International is expecting to produce an average of 10 Leap-1B engines – the powerplant for the Boeing 737 Max – per week over the course of 2020, out of a total annual Leap production of 1,400. The forecast has been disclosed by CFM partner Safran in its full-year ...
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NewsFAA requires lightning protection inspections of 737 Max prior to flight
The Federal Aviation Administration intends to prohibit 737 Max flights until each aircraft undergoes inspections related to risks posed by lightning strikes.
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NewsBoeing orders 737 Max inspections after fuel tank FOD find
Boeing has ordered the inspection of all undelivered 737 Maxes, after it found debris in the wing fuel tanks of some of the grounded narrowbodies.
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NewsAir Canada posts higher 2019 results, despite 737 Max grounding
Air Canada revenue and net profit rose slightly in 2019, but results were tempered by the ongoing grounding of the Boeing 737 Max aircraft and the start of the coronavirus crisis in Asia, the airline says.
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NewsAmerican cancels Max flights through mid-August
American Airlines says it expects it will not have the Boeing 737 Max in its schedule until mid-August, the last major US airline to plan through the lucrative summer peak travel season without the new generation aircraft, which has been grounded since March 2019.
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NewsUnited cancels Max into September
United Airlines has taken the Boeing 737 Max out of its summer peak schedule as the beleaguered aircraft’s path to return to revenue service remains unclear.
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NewsCopa net profit jumps as Max crisis drags on
Higher travel demand and low fuel costs offset lost revenue opportunities as Panama’s Copa Airlines continues to post strong earnings even while struggling with the ongoing effects of the Boeing 737 Max crisis.
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AnalysisNorwegian counts costs of 737 Max and Trent 1000 disruptions
Norwegian estimates that disruption from the Boeing 737 Max grounding and ongoing issues with the Rolls-Royce Trent engines on its 787 fleet have led to a combined NKr1.7 billion ($183 million) net loss for 2019.
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NewsComair blames Max delay and SAA debt for expected first-half loss
South African carrier Comair warns that it expects to post a loss for the six months ending 31 December 2019 because of the ongoing Boeing 737 Max grounding and an unpaid debt by South African Airways.
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NewsTUI extends 737 Max replacement to full year
Leisure operator TUI has opted to obtain replacement capacity for its Boeing 737 Max fleet for the entire current financial year. The company is expecting the costs for the prolonged grounding to reach €220-245 million for 2019-20, a slightly narrower range than it had predicted during 2018-19 full-year results ...
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NewsBoeing’s Tinseth upbeat on Southeast Asia as Max return eyed
Boeing continues to see Southeast Asia as a strong future growth area, particularly in single aisle jets, as it works to get the 737 Max back in the skies.
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News737 Max edging cautiously towards certification flights: FAA chief
US FAA administrator Steve Dickson has indicated that the Boeing 737 Max could commence certification flights within a few weeks, although certain issues with the aircraft still need to be resolved. But speaking during a briefing at the US embassy in London on 6 February, he stressed that there ...
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NewsBoeing discloses new Max software issue, sticks to mid-2020 certification goal
Boeing has uncovered a new problem with the 737 Max aircraft’s flight control computers, though the company does not anticipate the issue will upend its expectation to receive Max certification in the middle of 2020.
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In depthBoeing needs to balance supply chain and customers
Suppliers and customers are both suffering from the 737 Max’s grounding, but to restart production requires the manufacturer to manage a delecate balancing act.
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In depthNervous uncertainty seeps into the aerospace industry
A potential global recesssion, political instability, trade conflicts, the ongoing crisis at Boeing and a pandemic in Asia are all contributing to nervous uncertainty in the aerospace industry.
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NewsRyanair slows long-term growth target as Max delayed until after summer
European low-cost giant Ryanair has pushed back its long-term growth target of reaching the 200 million annual passenger mark by up to two years after resigning itself to not receiving its first Boeing 737 Max aircraft until after this summer.
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NewsSpirit AeroSystems replaces finance chiefs after accounting mishap
US aerostructures firm Spirit AeroSystems is having to deal with further pressure after it replaced its chief financial officer and a vice-president over an accounting mishap. Chief financial officer Jose Garcia and vice-president John Gilson, principal accounting officer, have resigned in the wake of the findings, which followed a ...
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NewsBoeing will need a ‘few years’ to recapture previous 737 Max production rate plans
Boeing anticipates its 737 Max production rate will return to previously expected levels several years after the company restarts Max production, which could come within the next several months.
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NewsBoeing estimates 737 Max crisis will cost $18.6 billion
Boeing now pegs the financial impact of the 737 Max grounding at $18.6 billion, including estimated costs associated with concessions to customers and disruption to the now-halted production line.