Boeing has found that airlines in the Middle East will require 3,000 new airplanes valued at $700 billion over the next two decades. That is added to aftermarket services worth $740 billion.
Boeing has announced the appointment of Kuljit Ghata-Aura as the new president of Boeing Middle East, Turkey and Africa. He takes up the position, which excludes Saudi Arabia, tomorrow.
Boeing has forecast that airlines in China will require 8,700 new airplanes by 2040, valued at $1.47 trillion, to meet expanding commercial air travel demand.
Boeing has released its annual forecast for the commercial, defence and space aerospace market, reflecting signs of a recovery following the impacts of Covid-19.
The board of directors of Boeing will face a lawsuit from shareholders over two fatal crashes involving its 737 Max plane, a judge in the United States has ruled.
Boeing has reported second-quarter revenue of $17 billion, driven by increased demand for commercial aircraft. The figure is up 44 per cent from the $11.8 billion recorded in the same period last year.
Brian West will lead all aspects of financial strategy, performance, reporting and long-range business planning, as well as investor relations, treasury, controller and audit operations.
Boeing and United announced the carrier will expand its 737 order book by purchasing an additional 200 737 Max jets. At the same time, the US carrier has ordered 70 A321neo planes from Airbus.
Boeing has completed a test flight of the 737-10 Max, the largest variant in the family. The airplane took off from Renton Field, Washington, and landed at Boeing Field in Seattle.
Ryanair has welcomed its first Boeing 737 Max after nearly two years of delays. The aircraft flew overnight from Seattle and will land in Dublin Airport later this afternoon.
The new order comes as airlines prepare for a robust return to air travel and modernise their narrow-body fleets to reduce fuel use and carbon emissions.
Boeing has announced a new partnership with a Costa Rica-based maintenance, repair and overhaul provider to create additional conversion capacity for the 737-800 converted freighter.