Questions, uncertainty abound as Boeing works for 2022 recovery
Boeing executives are framing 2022 as the year the company will fix the 787’s troubles, hike 737 Max delivery rates and begin mending its financial position.
Boeing eyes Q1 resumption of 737 Max deliveries to China
Boeing expects to resume 737 Max deliveries to China from the first quarter of the year, as the airframer reiterates its confidence in the market despite looming geopolitical tensions and a weak travel recovery.
Boom to build Overture manufacturing site in Greensboro
Boom Supersonic confirms it has chosen Piedmont Triad International airport in North Carolina as the location of its planned manufacturing site.
Boeing to hike 777 output to three jets monthly this year
Boeing plans to hike 777 production from two to three jets monthly this year in response to heightened demand for air freighters.
Boeing loses $4.3bn in 2021, takes billions in charges against 787 programme
Troubles with the 787 that have lasted longer than expected led Boeing to take a $3.5 billion charge in the fourth quarter of 2021, pushing the company to another full-year loss, this time to the tune of $4.3 billion.
Raytheon warns of supply chain and labour challenges in 2022
Supply chain troubles, labour shortages and inflation will continue pressuring Raytheon Technologies’ results in 2022, affecting operations of subsidiaries Pratt & Whitney and Collins Aerospace.
Boeing to support Wisk with engineering and certification expertise
Air taxi developer Wisk Aero has made clear that Boeing’s backing extends well beyond financing to also include engineering, safety and certification support.
Boeing invests another $450m in air taxi developer Wisk
US electric air taxi developer Wisk Aero has secured $450 million in new funding from Boeing, an existing backer that helped form Wisk in 2019 through a partnership with Kittyhawk.
Why 2021’s honours were even for ‘big two’ airframers
Not that the result was ever in doubt, but Airbus comfortably out-delivered its rival last year, handing over 611 commercial aircraft versus Boeing’s 309.
Airbus cancels Qatar’s order for 50 A321neos
Airbus confirms it has terminated a contract to sell 50 A321neos to Qatar Airways, a move coming amid an ongoing dispute between the companies over alleged A350 quality issues.