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Airline Qatar Airways decided not to replenish its fleet with Boeing 737 MAX airliners in April of this year, announcing the cancellation of the planned delivery until the reasons for the crash of this plane in Ethiopia were determined. As previously reported, many airlines around the world have decided to suspend contracts for the purchase of Boeing 737 MAX aircraft, and some even began to consider the possibility of acquiring airliners from Boeing competitors. For example, the Indonesian company Lion Air announced its intention to replace all the Being 747-400 aircraft in its fleet with the Airbus 330-900NEO.
On Thursday, Boeing Co (BA.N) announced that the company is pulling the plug on its hulking 747 jumbo jets, ending a half-century run for the twin-aisle pioneer. According to the aerospace company, the last 747 jumbo jets would roll out from ...
Wall Street shares jumped on Monday and the S&P 500 was on track for its largest quarterly gain since 1998. This was mainly from upbeat investors’ mood for a stimulus-driven economic recovery. Moreover, an increase in Boeing shares ...
On Tuesday, Spirit AeroSystems Holdings Inc. (SPR.N) shares fell by 13% after its key supplier Boeing Co. (BA.N) revealed that the planemaker significantly reduced its orders for shipment this year. “Boeing indicates in the June 19 letter ...
Europe's biggest travel company TUI Group (TUIT.L) stated on Wednesday that it has agreed for a compensation package with aircraft maker Boeing Co. (BA.N) to shield its finances from the impact of the coronavirus pandemic. The deal includes ...
Qantas Airways Ltd.’s Chief Executive Officer Alan Joyce stated on Tuesday that the company would resume its operations with 40-50% of its domestic flights in July if the government would ease travel restrictions. The Australian airline ...
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