Boeing recorded net orders for just 54 planes on 2019, the lowest number in at least two decades. At the same time, deliveries fell by 53 per cent to 380 planes, the lowest number since 2007.
American Airlines has reached an agreement with Boeing on compensation for financial damages incurred last year due to the grounding of the Boeing 737 Max aircraft. Details of the deal have been kept confidential.
Boeing has confirmed that J. Michael Luttig, 65, counsellor and senior adviser to the board of directors, will retire at the end of the year. He is the latest senior departure from the company, following chief executive Dennis Muilenburg and communications chief Anne Toulouse.
Boeing has named Niel Golightly as the company’s senior vice president of communications, effective January 1st. He succeeds Anne Toulouse, who previously announced her plans to retire in early 2020.
Dennis Muilenburg has been ousted as chief executive of Boeing. In a statement, the American aeronautical giant said current chairman, David Calhoun, would step into the role from January 13th.
Boeing has said it will suspend production of new 737 Max aircraft from next month. The plane type has been grounded since March following two fatal crashes.
Ryanair has said it will slow expansion next summer as the grounding of the Boeing 737 Max continues. The low-cost carrier now expects to receive ten new aircraft from Boeing next year, down from the originally planned 20.
Boeing has launched the 737 Max 10 during a ceremony at its Renton, Washington factory. However, it is currently grounded while Boeing works with the FAA to recertify onboard software following crashes in Indonesia and Ethiopia.
British Airways has announced that it will take delivery of its first 787-10 Dreamliner in January. The flag-carrier also revealed the plane’s first route will be to Atlanta in February.
Boeing and Emirates have finalised a purchase agreement for 30 787-9 Dreamliner planes, valued at $8.8 billion according to list prices. It is the second large order at the Dubai Air Show for Emirates, with the airline earlier this week concluding a deal for 50 Airbus A350-900 planes.