Boeing announced on May 1, 2018, entering a definitive agreement to acquire KLX as a means to enhance its growing services business. The agreement comprises an all-cash transaction for $63 per share and the assumption of approximately $1.0 billion of net debt, totaling at $4.25 billion. Boeing’s acquisition of KLX will include KLX’s Aerospace Solutions […]
Boeing and Gulf Air celebrated the delivery of the first 787 Dreamliner for the national carrier of the Kingdom of Bahrain. The airplane also debuts the carrier’s new livery. “This delivery is a historic moment for Gulf Air and Bahrain and yet another important step in our strategic direction towards furthering Gulf Air’s fleet modernization […]
Ryanair announced a decision to use an option it had on 25 Boeing 737 MAX 200, pushing its current order to 135 aircraft. That option is priced at $3 billion. The first plane should be delivered before spring 2019. The additional Boeing 737 MAX 200s will help Ryanair to reach its objective of 200 million […]
Airbus has fallen far behind Boeing during the last three months, both in orders and deliveries. According to the official order book, the European plane maker received 45 orders and delivered 121 planes while its American rival shows 221 orders for 184 deliveries in the same period. Airbus had to face several order cancelations since […]
With a fleet of 429 Boeing 737, Ryanair is both one of the biggest airlines in the world and a loyal customer of Boeing. However, that loyalty could be changing in a near-future, as Ryanair acquired Laudamotion, a company flying 15 A320, and planning to buy even more. Using a single model of plane is […]
Turkish Airlines has confirmed plans to buy 50 firm and 10 optional wide-body aircraft from Airbus and Boeing for its ever-growing fleet ahead of a move to a new Istanbul airport. The Airbus aircraft will be powered by Rolls-Royce Trent XWB engines. In a statement on March 9, 2018, Turkish Airlines said it had agreed […]
Hawaiian Airlines announced the decision to buy ten Boeing 787-9 Dreamliners for a total of $2.82 billion, with an option for ten more. The Honolulu-based airline also announced cancelling its previous order of six Airbus A330-800neos. It is a turn in Hawaiian Airlines fleet composition, which was previously dominated by Airbus. Hawaiian flagship fleet is […]
Rumors were circulating about Boeing reviving its 767 model to offer an alternative if its project of a middle of market plane would be delayed or canceled. Randy Tinseth, vice-president of commercial marketing, denied those speculations. “Bringing back the 767 (passenger version) – I just don’t see it”, he said to the press. Production of […]
On January 26, 2018, the International Trade Commission (ITC) ruled in favor of the Canadian plane maker Bombardier in a trade dispute initiated by U.S. rival Boeing. Both Bombardier and Delta Airlines immediately applaud the decision not to impose a 300% trade tax on Bombardier’s C Series jets imported to the United States. Boeing, however, […]
Boeing 787-10 Dreamliner is now clear for commercial service, as the company announced obtaining an approval by the United States Federal Aviation Administration (FAA). “We are pleased to have met the rigorous standards set forth by the FAA and are eager to bring the airplane to market for our valued customers,” said Brad Zaback, vice […]
