Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Stan Deal"


23 mentions found


Shares of the company jumped 4% before the bell after the company also posted second-quarter results that beat Wall Street expectations. The push to build 38 MAXs a month comes amid heightened travel demand, as airlines seek to grow their fleets post-pandemic. Boeing Commercial Airplanes head Stan Deal said in June that the company would ramp up narrow-body production to 38 a month "very soon." Although Boeing set a deadline to ramp 737 production by the end of the year, executives signaled to its supply chain that the boost to 38 a month would begin in June. Those plans faltered in April when a supplier defect involving the improper installation of a 737 bracket was discovered, though Boeing maintained it would still ramp to 38 jets by year-end.
Persons: Dave Calhoun, Stan Deal, Refinitiv, Valerie Insinna, Abhijith Ganapavaram, Anil D'Silva Organizations: Boeing, Boeing Commercial Airplanes, Paris Air Show, Air India, Airbus, Thomson
REUTERS/Benoit Tessier/File PhotoWASHINGTON, June 29 (Reuters) - Spirit AeroSystems (SPR.N) said it would begin resuming operations at its plant in Wichita, Kansas, on Friday, after union workers on Thursday voted to accept a new contract and end a strike that led to a week-long work stoppage. The deal is a boon for Boeing, which is on the verge of increasing MAX production from 31 jets to 38 jets per month. Boeing Commercial Airplanes CEO Stan Deal said on June 18 the production ramp was set to occur "pretty soon." Although Boeing maintains some buffer inventory, analysts had warned a prolonged strike could have forced the company to slow or stop MAX production. The company has been the source of several high-profile production defects on Boeing jets, such the incorrect installation of a bracket on the 737's vertical tail.
Persons: Benoit Tessier, It's, Craig Martin, Stan Deal, Cowen, Cai von Rumohr, Michel Merluzeau, Valerie Insinna, Sandra Maler, Nick Zieminski, Jamie Freed Organizations: Boeing, International Paris Air, Le, REUTERS, WASHINGTON, International Association of Machinists, Aerospace Workers, U.S, Airbus, IAM's Southern Territory, Boeing Commercial, AIR, Thomson Locations: Le Bourget, Paris, France, Wichita , Kansas, Its Wichita, IAM's Southern, Seattle
Boeing to lift 737 MAX output to 38/month 'pretty soon'
  + stars: | 2023-06-18 | by ( ) www.reuters.com   time to read: +1 min
PARIS June 18 (Reuters) - Boeing (BA.N) expects to increase production of its best-selling 737 MAX to 38 jets a month "pretty soon," but the company is likely to see supply chain instability at every rate increase, the head of Boeing Commercial Airplanes (BCA) said Sunday. However, he warned that the supply chain continues to be a challenge, with new issues constantly being found. While there was instability as industry increased production rates prior to 2019, “this is a little different," Deal said. "COVID had a pretty significant impact on labor, and this industry still depends on labor ... to get to its net efficiency." Boeing has started a supply chain quality review, with participants including CEOs and other C-suite officials, as well as quality and engineering officials from Boeing's tier-one supply chain that creates major aero-structures and sub-assemblies, Deal said.
Persons: Stan Deal, COVID, Deal, Valerie Insinna, Hugh Lawson, Mark Potter Organizations: PARIS, Boeing, Boeing Commercial Airplanes, Sunday, Boeing's, Thomson Locations: Paris
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Boeing delivered 64 planes last month, the most since December, while some customers continue to await new aircraft to capitalize on a boom in travel. Boeing also handed over 52 of its bestselling 737 Max jets, just as it gears up to increase production of the planes. The company has targeted deliveries of more than 400 Max planes this year. Boeing also reported net orders for 38 planes in March as demand picks up for new jets.
After increasing monthly MAX production rates to 38 in June, Boeing's current plans call for 42 MAXs a month by January 2024 and 47 by June 2024, the sources, who asked not to be identified, told Reuters. Boeing, which has not provided details of its production plans, declined to comment. The U.S. planemaker further pared back MAX rates during the COVID-19 pandemic. "Boeing doesn't really have plans to get beyond 52 (MAXs), nor is it likely to do so. Meanwhile, Merluzeau said 737 MAX production appears to be stabilizing as Boeing's hiring bears fruit.
WASHINGTON April 5 (Reuters) - Boeing Co (BA.N) confirmed on Wednesday it had restarted deliveries of its widebody 767 after a three-month pause caused by supplier quality issues. The U.S. planemaker was forced to halt deliveries of the 767F freighter and KC-46 tanker earlier this year after it discovered center fuel tanks made by a supplier were not properly sealed. Boeing declined to comment on when 767 deliveries restarted, but flight data shows it handed over a 767F freighter to FedEx on March 24. The same day, Boeing’s defense unit tweeted that a KC-46 tanker had been delivered to the U.S. Air Force. Stan Deal, head of Boeing Commercial Airplanes, told reporters last week that the company would resume 767 freighter deliveries “shortly,” with KC-46 tanker deliveries following afterwards.
March 30 (Reuters) - Boeing Co (BA.N) will increase 737 MAX production rates above the current rate of 31 jet per month "very soon," the head of Boeing's commercial airplanes business said on Thursday. The company is also making progress with the new 737 MAX 7 model, which is "completing the final submittals" for Federal Aviation Administration certification, Stan Deal told reporters. "We've got a handful - less than a handful - left to go to the FAA," he said. I want them to be perfect, I want the FAA to feel comfortable, and then give them the time to go review." The company plans to increase monthly MAX production to 50 planes per month by the end of 2026.
Ryanair says price still key to new Boeing jet deal
  + stars: | 2023-03-29 | by ( ) www.reuters.com   time to read: +2 min
BRUSSELS, March 29 (Reuters) - The boss of European budget carrier Ryanair (RYA.I) said on Wednesday attractive discounts remained the key to securing a new plane deal with Boeing <BA.N after the two sides resumed talks following an 18-month hiatus over jet prices. Chief Executive Michael O'Leary told Reuters that Ryanair was looking at two models: the roughly 200-seat 737 MAX 8200, which is already "performing well," and the larger 737 MAX 10, which is still in development and awaiting certification. Talks resumed after Boeing Chief Executive Dave Calhoun and Stan Deal, head of its commercial division, approached Ryanair two months ago offering to get negotiations started again, O'Leary said. "They are back talking to us; I think it takes maybe six, nine months to get a deal done," O'Leary said. In September 2021, it said it had halted talks for an order of the 737 MAX 10 because of a pricing dispute.
SEATTLE/WASHINGTON, Jan 30 (Reuters) - Boeing Co (BA.N) told employees on Monday that it will add a new 737 MAX production line in Everett, Washington, in mid-2024 as it plans to ramp up deliveries of its best-selling plane. The company is reactivating its third 737 MAX line in Renton, Washington, Deal added. Boeing booked nearly 700 MAX orders last year, delivered 387 737s and has a total backlog of about 3,600 MAX airplanes. Boeing said this month it had stabilized 737 production at 31 per month, with plans to ramp production up to approximately 50 per month in the 2025-2026 timeframe. The legislation requires Boeing to fit new safety enhancements to the MAX 7 and MAX 10 and retrofit existing MAX 8 and MAX 9 planes in the fleet.
SEATTLE/WASHINGTON, Jan 30 (Reuters) - Boeing Co (BA.N) told employees on Monday that it will add a new 737 MAX production line in Everett, Washington, in mid-2024 as it plans to ramp up deliveries of its best-selling plane. Boeing Commercial Airplanes Chief Executive Stan Deal said in an email seen by Reuters that the new line will be its fourth 737 MAX one and is needed because of "strong product demand." Boeing is reactivating its third 737 MAX line in Renton, Washington, Deal's email added. Boeing booked nearly 700 MAX orders last year, delivered 387 737s and has a total backlog of about 3,600 MAX airplanes. Boeing said this month it has stabilized 737 production at 31 per month with plans to ramp production to approximately 50 per month in the 2025 to 2026 timeframe.
Boeing to add 737 MAX line as it boosts production
  + stars: | 2023-01-30 | by ( ) www.reuters.com   time to read: 1 min
SEATTLE/WASHINGTON, Jan 30 (Reuters) - Boeing Co told employees on Monday that it will add a new 737 MAX production line in Everett, Washington, in mid-2024 as it plans to ramp up deliveries of its best-selling plane. Boeing Commercial Airplanes Chief Executive Stan Deal said in an email seen by Reuters that the new line will be its fourth 737 MAX one and is needed because of "strong product demand." Boeing is reactivating its third 737 MAX line in Renton, Washington, Deal's email added. Reporting by Valerie Insinna in Seattle and David Shepardson in Washington; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Boeing said it plans to add a fourth 737 Max production line in the second half of next year as it targets higher output of its best-selling plane, an executive told staff on Monday. Boeing booked 700 orders for new 737 Max planes last year. Boeing still plans to operate three production lines at the Renton, Washington, 737 Max factory, Deal said. Boeing plans to hand over the last 747 it has produced to cargo carrier Atlas Air on Tuesday afternoon.
Boeing Co. boosted deliveries of jets last year, ratcheting up production after its 737 MAX crisis and the pandemic, but it still fell well short of arch rival Airbus SE, which continued to outdistance Boeing as the world’s biggest jetliner maker. Boeing commercial-airplanes chief Stan Deal said the company worked hard last year to stabilize production of the MAX, its best selling model, which was grounded for almost two years before resuming flights in the U.S. in 2020. Last year, Boeing also resumed deliveries of its 787 Dreamliner, which had faced a series of production and regulatory setbacks. Boeing boosted deliveries by 41% in 2022 over the previous year.
Boeing airplane deliveries, orders jump in 2022
  + stars: | 2023-01-10 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
Last month, Boeing delivered 69 airplanes, including 53 737 MAX planes and 15 widebody airplanes and booked 203 new orders net of cancellations. Boeing in all of 2021 delivered 340 planes and reported 479 net new orders. Boeing said its official backlog as of Dec. 31 rose to 4,578 airplanes including 3,628 737 MAX airplanes. Boeing said in November a decline in 737 MAX deliveries was the result of its quality management system catching "a defect in the fuselage, two defects and delayed deliveries." Boeing said Tuesday that 10 MAX and 10 787 orders were previously listed as unidentified orders.
[1/2] Boeing Commercial Sales and Marketing Vice President Ihssane Mounir attends a news conference at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 20, 2019. Ihssane Mounir has been named senior vice president of global supply chain, Boeing Commercial Airplanes Chief Executive Stan Deal said in an email to employees. Mounir was previously senior vice president of commercial sales and marketing. Among other moves, Deal said Brad McMullen, vice president of commercial sales North America, would succeed Mounir in his sales position while Kim Smith was named to the new role of vice president of Boeing Global Services (BGS) Total Quality. Deal told reporters last week that Boeing faces a number of supply-chain issues.
WASHINGTON, Dec 20 (Reuters) - Boeing (BA.N) Commercial Airplanes told employees on Tuesday it was tapping its sales chief to oversee supply chain issues as part of a number of executive moves. Boeing Commercial Airplanes CEO Stan Deal said in an email to employees seen by Reuters that Ihssane Mounir, senior vice president commercial sales and marketing, has been named senior vice president of global supply chain. Among other moves, Deal said Brad McMullen, vice president commercial sales North America, will succeed Mounir in his sales position while Kim Smith, vice president and general manager 747 and 767, was named vice president Boeing Global Services (BGS) Total Quality, a new role at Boeing. Reporting by David Shepardson Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.
Congressional leaders attached thewaiver to a bill to fund U.S. government operations and to require new safety enhancements for existing MAX aircraft proposed by U.S. Cantwell's language requires retrofitting existing MAX planes with a synthetic enhanced angle-of-attack (AOA) system and the ability to shut off stall warning and overspeed alerts. It gives airline operators three years from the time the 737 MAX 10 is certified to retrofit existing MAX planes and says Boeing must bear those costs. Faulty data from a single sensor erroneously activated a software function called MCAS and played critical roles in both fatal 737 MAX crashes, investigations found. Boeing declined to comment on Monday, but Boeing Commercial Airplanes Chief Executive Stan Deal said last week the planemaker supported Cantwell's safety retrofit proposal.
The company had been heavily lobbying for months to convince lawmakers to waive the Dec. 27 deadline that affects its MAX 7 and MAX 10 airplanes which was imposed by Congress in 2020 after two fatal 737 MAX crashes killed 346 people in Indonesia and Ethiopia. Congressional leaders attached thewaiver to a bill to fund U.S. government operations and to require new safety enhancements for existing MAX aircraft proposed by U.S. Cantwell's bill requires retrofitting existing MAX planes with a synthetic enhanced angle-of-attack system and the ability to shut off stall warning and overspeed alerts. It gives airline operators three years from the time the 737 MAX 10 is certified to retrofit existing MAX planes and says Boeing must bear those costs. Boeing declined to comment on Monday, but Boeing Commercial Airplanes Chief Executive Stan Deal said last week the planemaker supported Cantwell's safety retrofit proposal.
Congressional leaders have agreed to attach the extension to a bill to fund U.S. government operations and to require new safety enhancements for existing MAX aircraft proposed by U.S. Cantwell proposed requiring retrofitting existing MAX airplanes with an "enhanced angle of attack (AOA) and a means to shut off stall warnings and overspeed alerts, for all MAX aircraft," Reuters reported on Nov. 30. Faulty data from a single sensor that erroneously triggered a software function called MCAS to repeatedly activate played critical roles in the fatal 737 MAX crashes. Boeing declined to comment, but Boeing Commercial Airplanes Chief Executive Stan Deal said last week the planemaker supported Cantwell's safety retrofit proposal. Boeing said in October it expects the 737 MAX 7 to be certified this year or in 2023 and last week Boeing's Deal said he thinks the MAX 10 could receive certification in late 2023 or early 2024.
New York CNN —United Airlines placed a massive order for at least 200 Boeing planes on Tuesday, split between two models dogged by recent problems: the 737 Max and the 787 Dreamliner. United generally picks Boeing over AirbusThe order, while an important lift for Boeing, isn’t a total surprise. While United has some orders with Airbus (EADSF), nearly 80% of its existing fleet is composed of Boeing jets. The 100 737 Max jets United is buying includes 44 planes for which it already had an option to purchase, and 56 new orders. In June 2021, it announced the purchase of 200 of the 737 Max jets, along with 70 competing planes from Airbus, in the largest aircraft order that United has ever placed.
[1/2] A Boeing 787-10 Dreamliner taxis past the Final Assembly Building at Boeing South Carolina in North Charleston, South Carolina, United States, March 31, 2017. REUTERS/Randall Hill/File Photo/File PhotoWASHINGTON, Dec 8 (Reuters) - United Airlines (UAL.O) plans to announce a major Boeing 787 Dreamliner order next week, two sources briefed on the matter told Reuters. Reuters reported last week that Boeing and United were close to reaching a deal. Kirby told pilots attending a Denver training session in August that the carrier is planning to order more than 100 wide-body airplanes. Boeing said with strong demand and more than 400 wide-body airplanes in backlog "we anticipate higher production rates."
WASHINGTON (Reuters) - Boeing Co <BA.N) said Tuesday deliveries fell in October as it faced quality issues, while orders rose as the U.S. planemaker continues to see strong demand for new aircraft. The Arlington, Virginia-based planemaker said it booked 122 new orders in October, including 106 737 MAX airplanes and 10 787-9 airplanes. The October deliveries included 23 737 airplanes, which was down from 37 737s in September. Boeing’s orders net of cancellations for the year rose in October to 550 from 428 and its commercial backlog rose from 4,354 to 4,441 orders. Boeing Chief Executive Dave Calhoun said last month he is confident Boeing will get an extension.
A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Boeing 's aircraft deliveries in October fell from a month earlier after a fuselage flaw in its bestselling 737 Maxes delayed handovers of new planes. The Virginia-based manufacturer's commercial aircraft unit had told investors that the flaw would impact its delivery numbers for the month. "We'll recover on that quickly," Stan Deal, chief executive of Boeing's commercial airplane unit, said during an investor event last week. The company logged orders for 122 of its 737 Max planes in October from carriers including Alaska Airlines and British Airways' parent International Consolidated Airlines Group.
Total: 23