Boeing News Page 23
Embraer shareholders approve Boeing tie-up during extraordinary general meeting
Boeing will hold an 80 per cent ownership stake in the new company, and Embraer will hold the remaining 20 per cent. The transaction values 100 per cent of Embraer’s commercial aircraft operations at $5.26 billion, and contemplates a value of $4.2 billion for Boeing’s 80 per cent ownership stake in the joint venture.
Largest ever fleet renewal underway at Delta Air Lines
Over the next three years the carrier will take delivery of 222 planes, with a further 108 slated to arrive in the following years – some 330 in total.
airBaltic to phase out Boeing 737 ahead of schedule
The airline aims to minimise complexity and benefit from the additional efficiency of the Airbus A220-300 aircraft which will become the only jet type operated by the Latvian airline.
Boeing predicts $745 billion Middle East aviation market in coming years
Boeing has projected the Middle East will require $745 billion in aviation services through 2037 to keep pace with growing passenger and freight traffic in the region.
Corendon welcomes Boeing 747 to new Badhoevedorp home
After a transport from Amsterdam Airport Schiphol to Badhoevedorp, the Corendon Boeing 747 has arrived in the garden of the Corendon Village Hotel.
Strong commercial deliveries drive Boeing revenue higher
Revenue for financial 2018 was a record $101.1 billion for the full year reflecting higher commercial deliveries and increased volume across the company.
Boeing successfully tests autonomous passenger air vehicle
Boeing has successfully completed the first test flight of its autonomous passenger air vehicle prototype in Manassas, Virginia.
Lion Air flight JT610 black box located
Flight JT610 crashed into the sea shortly after take-off for the short journey to Pangkal Pinang from Jakarta last year with the loss of 189 lives. The main body of the Boeing 737 MAX has yet to be found.
Brazilian government greenlights Embraer tie-up with Boeing
Embraer and Boeing have welcomed approval by the government of Brazil of the strategic partnership that will position both companies to accelerate growth in global aerospace markets.
Boeing breaks aircraft delivery record in 2018
Boeing delivered some 69 737 planes in December and set a new annual record of 806 deliveries in 2018, surpassing its previous record of 763 deliveries in 2017. The company also grew its order book, with 893 net orders, including 203 plane sales in December.
flyadeal signs with Boeing for up to 50 737 MAX planes
The airline committed to ordering 30 planes with options for 20 more in a deal that would be valued at up to $5.9 billion at list price. The deal is subject to both sides concluding final terms and conditions and a purchase agreement.
Green Africa Airways places largest ever African aircraft order with Boeing
The deal is evenly split into 50 firm aircraft and 50 options, as the airline gears up to begin commercial operations. It also carries a list-price of $11.7 billion, the largest aircraft agreement from Africa.