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China Southern Airlines - 2 Boeing - 2 Agence France - 2 Getty - 2 BEIJING - 2 Alaska Airlines - 2 undelivered MAX - 2

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3 mentions found


☆ Boeing’s Pile of Problems Gets Bigger as a Crucial Buyer Hesitates
  + stars: | 2024-01-15 | by ( Yoko Kubota | Raffaele Huang | ) www.wsj.com   time to read: 1 min
Planes operated by China Southern Airlines stood dormant during the 2019 grounding of Boeing 737 MAX jets. Photo: greg baker/Agence France-Presse/Getty ImagesBEIJING— Boeing ’s long-awaited delivery resumption of its 737 MAX jets to China faces fresh delays after the Alaska Airlines incident, as the plane maker was poised to benefit from the thaw in U.S.-China relations. China Southern Airlines , one of several Chinese carriers with undelivered MAX jets, has been readying to receive Boeing’s planes as early as January, people familiar with the matter said. Now the airline is planning to conduct additional safety inspections on those aircraft following the incident, the people said, though the jets to be delivered aren’t the same variant as Alaska’s MAX 9.
Persons: greg Organizations: China Southern Airlines, Boeing, Agence France, Getty, BEIJING, Alaska Airlines, undelivered MAX Locations: China
☆ Boeing Faces Longer Wait to Resume MAX Deliveries in China
  + stars: | 2024-01-15 | by ( Yoko Kubota | Raffaele Huang | ) www.wsj.com   time to read: 1 min
Planes operated by China Southern Airlines stood dormant during the 2019 grounding of Boeing 737 MAX jets. Photo: greg baker/Agence France-Presse/Getty ImagesBEIJING— Boeing ’s long-awaited delivery resumption of its 737 MAX jets to China faces fresh delays after the Alaska Airlines incident, as the plane maker was poised to benefit from the thaw in U.S.-China relations. China Southern Airlines , one of several Chinese carriers with undelivered MAX jets, has been readying to receive Boeing’s planes as early as January, people familiar with the matter said. Now the airline is planning to conduct additional safety inspections on those aircraft following the incident, the people said, though the jets to be delivered aren’t the same variant as Alaska’s MAX 9.
Persons: greg Organizations: China Southern Airlines, Boeing, Agence France, Getty, BEIJING, Alaska Airlines, undelivered MAX Locations: China
☆ Boeing plans 737 MAX ramp-up, backs cash-flow goal
  + stars: | 2023-04-26 | by ( Valerie Insinna Abhijith Ganapavaram | Valerie Insinna | Abhijith Ganapavaram | ) www.reuters.com   time to read: +3 min
April 26 (Reuters) - Boeing Co (BA.N) said on Wednesday that it planned to ramp up production of its 737 MAX jets to 38 per month by year-end, while backing its annual cash-flow goal, offering some relief to investors after a new manufacturing snafu threatened to derail deliveries. Reuters reported earlier this month that Boeing's schedule called for suppliers to ramp up to 38 737 MAXs a month in June. Overall, Boeing reaffirmed plans to generate $3 billion to $5 billion in free cash flow this year, as well as deliver 400 to 450 737 MAXs and 70 to 80 787 Dreamliners. Boeing reported an adjusted loss per share of $1.27, wider than analyst expectations of a loss of $1.07 per share, per Refinitiv data. Boeing executives are expected to detail the scope of the problem on an investor call later in the day.
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