Boeing News
GE Capital Aviation Services orders 100 Boeing 737s at Farnborough
Boeing has confirmed a commitment by GE Capital Aviation Services, the commercial aircraft leasing and financing arm of General Electric, to purchase 75 737 MAX 8s and 25 Next-Generation 737-800s. Revealing the details at the Farnborough International Airshow, the manufacturer said commitment builds on the momentum for the 737 MAX.
Korean Air showcases new Boeing Sky Interior
A Korean Air Next-Generation 737-900ER (Extended Range), featuring Boeing’s innovative Sky Interior, was the second Boeing airplane to arrive at this year’s Farnborough International Airshow.
Conner outlines Boeing ambitions at Farnborough
Newly appointed Boeing Commercial Airplanes president Ray Conner has laid out his goals during the Farnborough International Airshow in the UK. Addressing an industry audience he said the company is hitting its stride on performance and making significant progress on new airplane programs.
Boeing and Air Lease Corporation confirm $7.2bn 737 MAX deal
Boeing and Air Lease Corporation announced earlir a firm order for 60 737 MAX 8 and 15 737 MAX 9 airplanes, with reconfirmation rights for 25 additional 737 MAXs. The order, with a list-price value of $7.2 billion, represents the first 737 MAX order by a leasing company.
Boeing expects global aviation fleet to double in next 20 years
The market for new aircraft will be worth $4.5 trillion over the next 20 years, as 34,000 new airplanes double the size of the world’s fleet, according to the Boeing 2012 Current Market Outlook. The company’s annual forecast reflects the strength of the commercial aviation market.
Albaugh to step down as head of Boeing Commercial Airplanes
Boeing chairman Jim McNerney has confirmed James Albaugh will step down as head of the Commercial Airplanes division later this year, after 37 years of service with the company. He will be replaced by Raymond Conner, who presently occupies the role of senior vice president, sales and customer support for the division.
Boeing expands flight services business in China
Boeing today announced it has expanded its Flight Services business in China, greatly enhancing training capacity for airlines in the region. With the introduction of an advanced 787 Dreamliner training suite for pilot and maintenance training, and a newly-installed 747-400 full-flight simulator, the company is tripling its offerings at the Boeing Flight Services Shanghai training campus.
Boeing delivers Air Lease Corporation’s first next-generation 737-800
Boeing celebrated its first new airplane delivery to Air Lease Corporation (ALC) from their order placed during the 2010 Farnborough Air Show. The Los Angeles-based leasing company took delivery of a Next-Generation 737-800, which will be leased from ALC and operated by Korean Air.
EVA Air to purchase seven Boeing 777-300ER aircraft
EVA Air has confirmed it will add seven more brand-new Boeing 777-300ER aircraft to its fleet. EVA president K.W. Chang, Boeing Commercial Airplanes senior vice president of sales Ray Conner and GE vice chairman John Rice signed the deal in Taipei earlier.
Boeing Completes Acquisition of Inmedius
Boeing has announced it has completed the acquisition of Inmedius, a provider of software applications and services for managing and sharing information and learning content. Terms of the transaction were not disclosed.
Net profit up at Boeing
The Boeing Company reported first-quarter net income rose to $0.9 billion, or $1.22 per share, on revenue of $19.4 billion. Earnings per share rose 56 per cent, reflecting continued strong core performance across the company’s businesses, which more than offset higher pension expense.
Boeing delivers first Lufthansa 747-8 Intercontinental
Boeing has delivered the first 747-8 Intercontinental passenger airliner to Deutsche Lufthansa AG. “Lufthansa and Boeing have a long and proud history of working together to bring new innovations to the airline industry,” said Jim Albaugh, president, Boeing Commercial Airplanes.