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Boeing reported another problem with fuselages on its 737 jets that might delay deliveries of about 50 aircraft in the latest quality gaff to plague the manufacturer. Boeing Commercial Airplanes CEO Stan Deal said in a letter to Boeing staff seen Monday that a worker at its supplier discovered misdrilled holes in fuselages. Spirit AeroSystems, based in Wichita, Kansas, makes a large part of the fuselages on Boeing Max jets. Alaska Airlines and United Airlines have begun returning some to service. Boeing, based in Renton, Washington, said last week it was withdrawing a request for a safety exemption needed to certify a new, smaller model of the 737 Max airliner.
Persons: Stan Deal, Deal, Max Organizations: Boeing, Boeing Commercial, Boeing Max, Alaska Airlines, Federal Aviation Administration, United Airlines, airline, FAA Locations: fuselages, Wichita , Kansas, Portland , Oregon, U.S, Renton , Washington
New problem found on Boeing 737 Max planes
  + stars: | 2024-02-04 | by ( Chris Isidore | Gregory Wallace | ) edition.cnn.com   time to read: +1 min
New York CNN —A new problem has been found during the production of 737 Max jets that will force Boeing to rework about 50 planes that have not yet been delivered. The problem was disclosed in a memo sent to Boeing (BA) employees Sunday by Stan Deal, the head of the company’s commercial aircraft unit. An employee at Boeing supplier Spirit AeroSystems, which makes the fuselages of the 737 Max jets, notified the plane maker that two holes may not have been drilled exactly to Boeing’s requirements, according to Deal’s memo. While the exact cause of the incident is not yet known, Boeing CEO David Calhoun told investors on Wednesday: “We caused the problem, and we understand that.”“Whatever conclusions are reached, Boeing is accountable for what happened. “We simply must be better.”Deal’s Sunday memo said Boeing’s 737 Max factory in Renton, Washington would “dedicate several days … this week to focus on this important work, reflecting the premium we place on quality, safety and, ultimately, stability in our factories.”
Persons: Stan Deal, David Calhoun, Max Organizations: New, New York CNN, Boeing, Spirit, Max, Alaska Airlines Locations: New York, , Renton , Washington
Boeing is back in the headlines for all the wrong reasons again after the Alaska Airlines 737 Max 9 incident. Boeing workers participating in a "Quality Stand Down" at Boeing's 737 Max factory in Renton, Washington on January 25, 2024. One of the first Boeing 737 Max jets on the production line at the company's manufacturing facility in Renton, Washington, U.S., on Monday, Dec. 7, 2015. The airlines around the world that have already bought Boeing planes basically need to keep using those models, whatever the problems. Commercial pilots are certified on specific models and are not able to easily move from single-aisle to widebody versions of Boeing jets, let alone between a Boeing and an Airbus jet.
Persons: I’m, Dave Calhoun, we’ve, , , Calhoun, Max, Jason Redmond, Stan Deal, Ed Pierson, McDonell Douglas, Critics, ” Ron Epstein, McDonnell Douglas, Jim McNerney, Tammy Duckworth, Aaron Schwartz, ‘ We’re, Richard Aboulafia, Joshua Drake, Boeing Calhoun, Bank of America’s Epstein, it’s, Pierson, Max ”, Robert Clifford, people’s, ” Calhoun, David Ryder, Aboulafia, Boeing’s Organizations: New, New York CNN, Boeing, Alaska Airlines, National Safety Transportation Board, Pilots, Max, Alaska Air, Getty, Foundation for Aviation Safety, CNN, “ Boeing, Bank of America, General Electric, Procter, Gamble, McKinsey, Co, GE, Associated, Pentagon, Capitol, FAA, Airbus, Joshua Drake Photography, Blackstone Group, Nielsen, Bank of, Aviation, Bloomberg, Ethiopian Aircraft Accident, US National Transportation Safety Board, Internal Locations: New York, Renton , Washington, AFP, Alaska, Soviet Union, Pacific, Chicago, Seattle, Washington, DC, Mobile , Alabama, Wichita, Oklahoma, Carolina, South Carolina, Calhoun, Indonesia, Ethiopia, Renton , Washington , U.S
SEATTLE (AP) — Facing severe criticism after a door plug blew out on a 737 Max over Oregon this month, Boeing said Monday that it is withdrawing a request for a safety exemption needed to certify a new model of the plane. Maria Cantwell, chair of the Senate Committee on Commerce, Science and Transportation, and Tammy Duckworth, chair of its aviation safety subcommittee, urged the Federal Aviation Administration to deny the request. "I hope this means they can quickly develop a compliant design across other MAX planes.”The FAA grounded all Max 9s in the U.S. the day after the blowout. The 737 Max went into service in May 2017. Boeing Commercial Airplanes president and CEO Stan Deal said in a message to Boeing employees Friday that the company’s most immediate goal is to help airlines restore operations.
Persons: Max, , Democratic Sens, Maria Cantwell, Tammy Duckworth, I’m, ” Duckworth, , ” Cantwell, Max 9s —, Stan Deal, Organizations: SEATTLE, , Boeing, Alaska Airlines, Democratic, Commerce, Science, Transportation, Federal Aviation Administration, Federal, FAA, United Airlines —, Southwest Airlines, Boeing Commercial Airplanes Locations: Oregon, Portland , Oregon, Illinois, U.S, Alaska
United CEO kickstarts Airbus talks amid Boeing delays, sources say
  + stars: | 2024-01-28 | by ( ) www.cnbc.com   time to read: +5 min
"United Airlines has been in talks with Airbus about possible alternatives to the Max 10 order. Airbus and United Airlines declined to comment. Trade publication Air Insight reported Airbus and United were in talks. Signs of a potential Airbus deal have raised "concern" at Boeing, a senior industry source said. In 1992, Airbus snatched an order for A320s that broke United's reliance on Boeing, with which United shares corporate roots.
Persons: Scott Kirby, Max, Kirby's, Kirby, Stan Deal, United, Michael Leskinen Organizations: United, O'Hare International, United Airlines, Airbus, Boeing, Alaska Airlines, Bloomberg, Insight, Boeing Commercial, Max, Continental Airlines Locations: Los Angeles, Chicago , Illinois, U.S, Toulouse, Chicago, Dublin
Alaska Airlines resumes flying Boeing 737 MAX 9 after inspections
  + stars: | 2024-01-27 | by ( ) www.cnbc.com   time to read: +1 min
An Alaska Airlines Boeing 737 MAX 9 plane is parked on the tarmac at Los Angeles International Airport on January 8, 2024, in Los Angeles. Alaska Airlines on Friday said it has completed inspections on the first group of its Boeing 737 MAX 9 aircraft, clearing the carrier to put the MAX 9 back in service after an in-flight cabin blowout earlier this month. Alaska said it had begun inspections of its first MAX 9s on Wednesday night, after the Federal Aviation Administration approved inspection criteria. A Copa Airlines jet became the first MAX 9 to return to service on Thursday. Alaska and United Airlines, the two U.S. carriers that fly the MAX 9, have canceled thousands of flights this month since the Jan. 6 grounding of 171 MAX 9s.
Persons: Stan Deal Organizations: Alaska Airlines Boeing, Los Angeles International Airport, Los Angeles . Alaska Airlines, Boeing, Federal Aviation Administration, Alaska Airlines, Boeing Commercial, Copa Airlines, United Airlines Locations: Los Angeles, Seattle, San Diego . Alaska, Alaska, United, U.S
Read previewBoeing's 737 Max 9 fiasco could impact the entire US economy, according to Boyd International president Mike Boyd. Finance, the aviation expert pointed to the January 5 incident on an Alaska Airlines flight, during which the door blew out of the 737 Max 9 aircraft. Over a hundred 737 Max 9 planes were grounded by the Federal Aviation Administration this month, sparking a wave of flight cancellations and an investigation that found many 737 Max planes had loose bolts. AdvertisementIt's not the first time Boeing's 737 Max fleet has had issues. In 2019, two Boeing 737 Max planes crashed, killing nearly 350 people.
Persons: , Max, Mike Boyd, Boyd, That's, Scott Kirby, I'm, Calhoun, Dave Calhoun, Stan Deal Organizations: Service, Boyd International, Business, Yahoo, Finance, Alaska Airlines, Max, Boeing, United Airlines, United, Boeing Commercial, Federal Aviation Administration Locations: Chicago, Seattle, Alaska, United
The FAA subsequently grounded all models of the Boeing 737 Max 9 after the incident, leading to flight cancellations and frustration among airline executives. "Let me be clear: This won't be back to business as usual for Boeing," FAA Administrator Mike Whitaker said in a Wednesday statement. The agency has halted all further expansion production on Boeing 737 Max 9s until it is "satisfied" that the aircraft's quality control issues are resolved. In-house safety inspections of Alaska Airlines's fleet of Boeing 737 Max 9s following the initial incident revealed that there were "many" loose bolts found on the jets. The FAA's new safety guidelines for the 737 Max 9s come after a review of data stemming from 40 inspections of the grounded planes, the agency said.
Persons: , Mike Whitaker, Max, Whitaker, Stan Deal Organizations: Service, Boeing, Max, Alaska Airlines, Business, Federal Aviation Authority, FAA, National Transportation Safety Locations: Alaska Airlines's, Alaska
Alaska Airlines CEO Ben Minicucci told NBC he was "mad" and "angry" about the Flight 1282 blowout. AdvertisementAlaska Airlines' CEO expressed his frustration with Boeing during an interview with NBC News — the second airline boss to do so on Tuesday. "It makes me angry," Ben Minicucci told NBC. Minicucci told NBC: "We had a guardian angel, honestly," because the 178-capacity plane had seven unoccupied seats — which happened to include those next to the gaping hole. "It makes you mad that we're finding issues like that on brand-new airplanes," Minicucci told NBC.
Persons: Ben Minicucci, United's Scott Kirby, , Minicucci, Scott Kirby, Kirby, Stan Deal Organizations: Alaska, NBC, Boeing, Service, Alaska Airlines, Federal Aviation Administration, United Airlines, Max, CNBC, Boeing Commercial, FAA Locations: Alaska, United
"Until we're comfortable that the [quality assurance] system is working properly ... we're going to have boots on the ground," he said. United, which has 79 Boeing 737 Max 9 planes in its fleet, more than any other carrier, said Monday it's assuming the planes will remain grounded through the end of January. He said United is taking the larger variant, the 737 Max 10, out of its fleet plans, because of lengthy delivery delays. Those accidents involved the 737 Max 8, a smaller variant of the same aircraft family. This photo released by the National Transportation Safety Board shows the door plug from Alaska Airlines Flight 1282 on Monday, Jan. 8, 2024, in Portland, Ore. National Transportation Safety Board via AP
Persons: Michael Whitaker, Drew Angerer, , Mike Whitaker, Max, We've, Whitaker, It's, John Lovell, they've, Scott Kirby, Ben Minicucci, Stan Deal Organizations: Federal Aviation Administration, FAA, Commerce, Science, Capitol, Getty, Getty Images WASHINGTON, CNBC, Boeing, Alaska Airlines, United Airlines, National Transportation Safety Board, National Transportation, AP, Max, Airlines, NBC, Deal, Transportation Locations: Washington ,, Alaska, Portland , Oregon, Renton , Washington, Portland , Ore
On Thursday, factory workers will pause production for sessions on improving quality control. The FAA's boss said its investigation focuses on Boeing's quality control, not the door plug design. Nobody was seriously injured, but all 171 Boeing 737 Max 9 jets with a door plug have been grounded since. AdvertisementNEW: FAA Administrator Mike Whitaker tells me its probe of the Alaska Airlines blowout is focused on Boeing quality control issues. The 737 Max 9 door plug design is good "when properly executed," but "where we are looking now is quality assurance and quality control at Boeing."
Persons: , Stan Deal, CNN's Pete Muntean, Mike Whitaker, Max, Pete Muntean, Ben Minicucci, United's Scott Kirby Organizations: Boeing, Alaska Airlines, Service, Boeing Commercial Airplanes, Navy, Max, National Transportation Safety Board, Federal Aviation Administration, United Airlines, NBC Locations: Renton , Washington
This story is available exclusively to Business Insider subscribers. The Boeing 737 Max 10 is the largest version of the narrowbody jet, but has been hampered by delays as it still awaits certification. AdvertisementKirby told CNBC he believes the best case for 737 Max 10 deliveries is still five years behind schedule. A Boeing 737 Max 10 at the 2023 Paris Air Show. "I have a lot of confidence in the people: great mechanics, great engineers, great history.
Persons: , Scott Kirby, Kirby, Max, Pete Syme, McDonnell Douglas, we're, Stan Deal Organizations: Service, United Airlines, CNBC, Boeing, Business, Airbus, Airplanes, FAA Locations: European
New York CNN —Alaska Airlines CEO Ben Minicucci revealed the carrier found “some loose bolts on many” Boeing 737 Max 9s in an interview for “NBC Nightly News with Lester Holt” scheduled to air Tuesday. The US Federal Aviation Administration urged airlines on Sunday to inspect so-called door plugs on an earlier version of Boeing 737 airplanes. After recent inspections of the newer Max 9s, United Airlines and Alaska Airlines have found loose bolts. NBC asked Minicucci if Boeing has a problem with quality control extending beyond a single plane. We will follow the lead of the FAA and support our customers every step of the way.”The CEO of United Airlines, one of the biggest buyers of Boeing jets, also expressed frustration with the company.
Persons: Ben Minicucci, Lester Holt ”, ” Minicucci, Max, that’s what’s, , Minicucci, Stan Deal, “ I’m, Scott Kirby, they’ve, ” CNN’s Chris Isidore, Gregory Wallace, Hanna Ziady Organizations: New, New York CNN, Alaska Airlines, Boeing, Max, NBC, US Federal Aviation Administration, United Airlines, FAA, Airplanes, United, CNBC Locations: New York, Portland , Oregon, Ontario , California, Alaska
The Wells Fargo report, entitled “FAA audit opens up a whole new can of worms,” noted that Boeing’s quality control and engineering problems have been ongoing for years. After part of an Alaska Airlines] 737 Max 9 jet fell off the plane mid-flight, the likelihood of the US Federal Aviation Administration coming out of its investigation without significant findings was very low. The FAA last week opened an investigation into Boeing’s quality control after the Alaska Airlines incident. He also said Boeing is now more closely monitoring the work of a key supplier that builds the 737 Max fuselage. Wells Fargo analysts noted in their report that the FAA investigation could take some time to complete, noting many of its probes remain “under investigation” months after the original incidents.
Persons: Wells, , Max, Boeing “, Kirkland H, Donald “, Donald, David Calhoun, Stan Deal, Deal, Mike Whitaker, Calhoun, Jennifer Homendy, United Airlines —, , Pete Muntean, Chris Isidore, Ramishah Maruf Organizations: New, New York CNN, Boeing, Wall, FAA, Alaska Airlines, US Federal Aviation Administration, NTSB, US, CNN, National Transportation, United Airlines Locations: New York, Portland , Oregon, Alaska, United, Indonesia, Ethiopia
Read previewBoeing is introducing more quality assurance measures in its production process for 737 aircraft following a nightmare Alaska Airlines flight on one of the planes last week. "But, the AS1282 accident and recent customer findings make clear that we are not where we need to be." AdvertisementBoeing will open its factories for inspection to airlines that use 737 planes, and the company is bringing in a third party to conduct an independent review of its quality management system, Deal added. The US Federal Aviation Administration has since grounded all Boeing 737 Max 9 planes with that component until it decides they can safely return to operation. Alaska Airlines said Saturday that it's starting a "thorough review of Boeing's production quality and control systems" and will also "enhance our own quality oversight of Alaska aircraft on the Boeing production line."
Persons: , Stan Deal Organizations: Service, Alaska Airlines, Business, Boeing Commercial Airplanes, Management, Boeing, US Federal Aviation Administration, Max, FAA, Alaska
CNN —Boeing says it will give airlines more oversight of its facilities following the Alaska Airlines Flight 1282 incident in which a part of the plane fell off mid-flight. The plane maker said Monday that in addition to extra quality control inspections on the 737 production line, it will allow airlines into Boeing factories and those of contractor Spirit AeroSystems, which builds Max 9 fuselage. Alaska Airlines said it is in the middle a “thorough review of Boeing’s production quality and control systems.” The airline has 65 Boeing 737 Max 9s with another 25 on order, according to fleet data from airlines analytics firm Cirium. Boeing 737 Max 9s remain grounded in the United States as airlines Alaska and United await emergency inspection guidance from the Federal Aviation Administration. On Friday, the FAA announced it will audit Boeing’s production practices as it considers mandating an independent third-party oversee Boeing quality.
Persons: Spirit, Stan Deal, , , Max Organizations: CNN, Boeing, Alaska Airlines, Federal Aviation Administration, Boeing Commercial, Alaska, Max, FAA, National Transportation Safety Locations: Alaska, United States, United, Washington, DC
Boeing said Monday that it would make changes to quality control processes after one of its 737 Max 9 jets lost a portion of its body during a nearly catastrophic Alaska Airlines flight this month. And Boeing will bring in an outside party to review its quality control program and suggest improvements. The Federal Aviation Administration grounded all Max 9 planes and said it would expand its scrutiny of Boeing. Inspections of the planes led Boeing to conclude that its manufacturing practices needed improvement. “To that end, we are taking immediate actions to bolster quality assurance and controls across our factories.”
Persons: Stan Deal, Organizations: Boeing, Alaska Airlines, Federal Aviation Administration
NEW YORK (AP) — Boeing told employees Monday that it plans to increase quality inspections of its 737 Max 9 aircraft, following the failure of an emergency exit door panel on an Alaska Airlines flight last week. The inspections come after Federal regulators grounded the 737 Max, and that Boeing has said that after the Alaska Airlines flight and customer complaints, it is “clear that we are not where we need to be” on quality assurance and controls. The National Transportation Safety Board is focusing its investigation on plugs used to fill spots for extra doors when those exits are not required for safety reasons on Boeing 737 Max 9 jetliners. Since then, various manufacturing flaws have at times held up deliveries of Max jets and a larger Boeing plane, the 787. Last month, the company asked airlines to inspect their Max jets for a loose bolt in the rudder-control system.
Persons: , , Stan Deal, jetliners, Max Organizations: — Boeing, Alaska Airlines, Boeing, American, Airbus, Airplanes, Deal, Alaska Max, Federal Aviation Administration, National Transportation Safety, Max Locations: Alaska, Portland , Oregon, Portland, Indonesia, Ethiopia
Boeing has given airlines instructions on how to inspect their 737 Max 9 jetliners, a step toward ending the grounding of the planes, according to an internal message from company executives. The Federal Aviation Administration ordered airlines to stop flying dozens of the jets over the weekend, less than a day after a door plug blew open during an Alaska Airlines flight as it was at 16,000 feet. No one was seriously injured in the accident during Alaska Airlines Flight 1282, which was bound for Ontario, California, when the door plug blew, forcing it to return to Portland, Oregon, minutes into the flight. "Our teams have been working diligently – with thorough FAA review – to provide comprehensive, technical instructions to operators for the required inspections. United Airlines has a fleet of 79 737 Max 9s and Alaska Airlines has 65.
Persons: jetliners, Stan Deal, Mike Delaney, Max Organizations: Alaska Airlines Flight, Boeing, National Transportation Safety Board, Federal Aviation Administration, Alaska Airlines, Max, United Airlines, CNBC PRO Locations: Alaska, Portland , Oregon, U.S, Ontario , California
Top business leaders in the U.S. meet Chinese President Xi Jinping in San Francisco, California on Nov. 15, 2023. Apple CEO Tim Cook, Tesla chief Elon Musk and Blackrock's Steve Schwarzman were among the guests Wednesday night at a gala reception and dinner in San Francisco for visiting Chinese President Xi Jinping. San Francisco Mayor London Breed also had a spot at the head table. According to the place cards, Cook was seated next to Chinese Minister of Commerce Wang Wentao. Event organizers said Musk attended the VIP reception, but did not stay for the dinner.
Persons: Xi Jinping, Tim Cook, Elon Musk, Steve Schwarzman, Xi's, Joe Biden, Biden, Xi, Marc Benioff, Stan Deal, Raj Subramaniam, Ryan McInerney, Ray Dalio, Albert Bourla, Janow, Larry Fink, Gina Raimondo, Nicholas Burns, Kurt Campbell, San Francisco Mayor London Breed, Cook, of Commerce Wang Wentao, Musk Organizations: Apple, Tesla, U.S ., China Business Council, National Committee, U.S, China Relations, United, Boeing, FedEx, Visa, Bridgewater Associates, Pfizer, Mastercard, BlackRock, Commerce, White House, San Francisco Mayor London, of Commerce Locations: U.S, San Francisco , California, San Francisco, United States, China, White House China
Emirates announced an order worth $52 million that includes 90 Boeing 777s at the Dubai Air Show . The orders marked a significant win for Boeing on the first day of the air show. AdvertisementAdvertisementDUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates opened the Dubai Air Show Monday with a $52 billion purchase of Boeing aircraft, showing how aviation has bounced back after the groundings of the coronavirus pandemic, even as Israel's war with Hamas clouds regional security. Emirates, a main economic engine for Dubai amid its booming real estate market, announced record half-year profits of $2.7 billion Thursday. The deal includes 28 Boeing 737-8s and 17 Boeing 737-10s models, as well as the opportunity for another 45 Boeing 737 MAX aircraft.
Persons: , Sheikh Hamad bin Mohammed Al Maktoum, Sheikh Ahmed bin Saeed Al Maktoum, Sheikh Saeed, Stan Deal, — Rafael, Israel Aerospace Industries —, Rafael, Khalifa Hifter Organizations: Emirates, Boeing, Dubai Air, Service, United Arab Emirates, Investment Corporation of Dubai, Al, Dubai World, Dubai International Airport, U.S . Air Force, Defense Systems, Israel Aerospace Industries, IAI, Meets Technology, Russian Helicopters, U.S, Roscosmos, Russian Knights, Associated Press, Libyan National Army, AP, United, Haqqani, Airbus, International Air Transport Association ., . Emirates, Riyadh Air, Turkish Airlines, Anadolu, Lufthansa, MAX, Royal Jordanian, Royal Air Maroc Locations: DUBAI, United Arab, Dubai, Sheikh, Emirates, Israel, Ukraine, Iran, UAE, Abu Dhabi, Russian, Afghan, Al, Riyadh, Saudi, Latvia, France
A Boeing 777x is displayed during the International Paris Air Show at the ParisLe Bourget Airport, on June 20, 2023. Boeing Commercial Airplanes CEO Stan Deal says 2023 has been a year of orders for widebody aircraft with the U.S. manufacturer expecting to announce more deals at this week's Dubai Airshow. His comments come after reports that Boeing and Emirates are close to agreeing a major order of 777 jets, adding to the Emirati flag carrier's existing order backlog of 155 777X aircraft from Boeing. "We've seen strong recovery in the narrow-body ordering in 2022 and now in 2023 it seems to be the year of widebody orders, and I suspect as you see this show unfold, you're going to see many more widebody orders for the industry," Deal, who is also the executive vice president of Boeing, told CNBC's Dan Murphy. Earlier this year, Saudi Arabian flag carrier Saudia and the newly-established Riyadh Air each logged orders for 39 of Boeing's 787 Dreamliner jets, and Deal believes demand from the Gulf will continue to grow rapidly.
Persons: Stan Deal, We've, CNBC's Dan Murphy Organizations: Boeing, International Paris Air, Boeing Commercial, Emirates, Riyadh Air, Deal Locations: ParisLe, U.S, Dubai, Saudi Arabian, Riyadh
[1/2] An aerial view of a Boeing 737 MAX 10 airplane parked at King County International Airport-Boeing Field in Seattle, Washington, U.S, June 1, 2022. The schedule targets 737 production to reach 42 jets a month by December 2023, affirming statements made by Boeing Commercial Airplanes head Stan Deal to Bloomberg TV in June. An earlier version of the plan, which Reuters reported in April, had seen 52 jets per month production a month later, in January 2025. Before the 2019 grounding of the 737 MAX, Boeing was producing 52 737s a month on its way to a target of 57. Boeing's formal 737 production target is 50 per month for the 2025-2026 timeframe, unveiled by the company last November during an investor day.
Persons: Lindsey Wasson, Stan Deal, Dave Calhoun, MAXs, Calhoun, Valerie Insinna, Peter Henderson, Jamie Freed Organizations: Boeing, King County International Airport, Boeing Field, REUTERS, Rights, Airbus, planemaker, Boeing Commercial Airplanes, Bloomberg TV, Reuters, Air India, Thomson Locations: Seattle , Washington, U.S
Qantas to secure new planes from Airbus, Boeing
  + stars: | 2023-08-23 | by ( ) www.reuters.com   time to read: +2 min
The multi-billion dollar order is split between 12 Airbus A350s and 12 Boeing 787s, which will arrive from fiscal 2027 and into the next decade, Qantas said. Qantas said the deal was aimed at providing a replacement for its current Airbus A330 and Airbus A380 aircraft. This has the potential to meet up to 90% of the group’s interim SAF target for 2030, Qantas said. "SAF reduces lifecycle carbon emissions by up to 80 per cent and is a key part of Qantas’ emissions reduction plan," it said. Reuters earlier in the week had reported, citing industry sources, that Boeing was nearing a deal for its 787 Dreamliner aircraft with Qantas.
Persons: Loren Elliott, Vanessa Hudson, Stan Deal, Rishav Chatterjee, Shailesh Kuber, Maju Samuel Organizations: Qantas, Sydney Airport, REUTERS, Australia's Qantas Airways, Airbus, Boeing, SAF, Global, Incoming Qantas, Boeing Commercial Airplanes, Reuters, Thomson Locations: Australia, Sydney, Bengaluru
Shares of the company rose 7% to hit a 1-1/2 year high after Boeing also posted second-quarter results above Wall Street expectations. The planemaker is now transitioning its 737 production line - including the MAX models that make up the vast majority of 737 production - to building 38 jets per month, up from 31, the company said. Calhoun later added the company is already in "prep mode" to raise monthly 737 production to 42, but wouldn't specify whether Boeing would do so in 2023, as Boeing Commercial Airplanes head Stan Deal said told Bloomberg TV in June. 'ENCOURAGING' RESULTS AMID CHALLENGESA photo of Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. Boeing expects to deliver most of the 228 MAXs in its inventory by the end of 2024, making it critical that Boeing step up production.
Persons: there'll, Dave Calhoun, Calhoun, Stan Deal, Brian West, Lindsey Wasson, Peter McNally, Refinitiv, Valerie Insinna, Abhijith Ganapavaram, Anil D'Silva, Nick Zieminski Organizations: Boeing, Boeing Commercial Airplanes, Bloomberg TV, Boeing Factory, REUTERS, Commercial Aerospace, Thomson Locations: Renton , Washington , U.S, West
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