Boeing and Southwest Airlines have announced the carrier will continue to build its business around the 737 Max family - in what amounts to a huge endorsement of the troubled aircraft.
Boeing and 777 Partners have announced an agreement to add 24 737 Max planes to the firm’s aviation portfolio. The private investment firm has also taken purchase rights for an additional 60 airplanes.
European carriers having been leading the way this month, lifting the in-service fleet above 100 planes for the first time since the resumption of revenue flights in early December.
The Boeing board of directors has announced Arthur Collins and Susan Schwab will retire when their terms expire and will not stand for re-election at the annual meeting of shareholders.
Boeing has reported a net loss of US$11.9 billion for financial 2020, or a GAAP loss per share of $20.88, as the full toll of the Covid-19 becomes clear.
All airlines will need to go through the necessary steps to return the aircraft to service, including pilot training, which may slow the return of the aircraft to UK skies.
The company hopes to offer commercial planes which are capable and certified to fly on 100 per cent sustainable aviation fuels by 2030 in an attempt to cut carbon emissions.
Lynne Doughtie has been elected to the Boeing board of directors, replacing Caroline Kennedy who has resigned following three years of service.
Boeing delivered a total of 59 commercial planes in the fourth quarter capping a disappointing year for the American plane manufacturer. In total, the company delivered 157 commercial jets in 2020.
Boeing has agreed to pay $2.5 billion to settle criminal charges centred on the troubled 737 Max. Officials argued the manufacturer hid information from safety inspectors about the design of the aircraft.
The flight comes after a host of measures by the airline, including flight control updates, maintenance work, fresh pilot training and meetings with flight crews to explain the changes.
The new deal brings Alaska Airlines’ total 737 Max orders and options to 120 airplanes, which will give the fifth largest United States carrier the scale, efficiency and flexibility to expand as air travel recovers.