Iran’s Civil Aviation Organization has written to Boeing to inquire about the fate of a $16.5 billion deal for 80 jets with the US aircraft maker, which was shelved in 2018 after the former Trump administration revoked the export license, CAO Chief Executive Touraj Dehqani Zanganeh said.
NASA’s deep space exploration rocket built by Boeing briefly ignited all four engines of its behemoth core stage for the first time on Saturday, cutting short a crucial test to advance a years-delayed US government program to return humans to the Moon in the next few years.
Boeing Co. customers scrubbed more than 400 orders for the US planemaker’s grounded 737 MAX jets this year, while the company’s overall aircraft deliveries slumped to only four in July, monthly numbers showed.
Boeing Co. is preparing to delay its all-new 777X jet by several months or up to a year, three people familiar with the matter said, as the COVID-19 crisis exacerbates a drop in demand for the industry’s largest jetliners.
Boeing Co. said on Wednesday it would cut its workforce by about 10% and further reduce 787 Dreamliner production after reporting a loss for the second straight quarter as the coronavirus pandemic hits global travel demand.
US aerospace company Boeing said on Wednesday it expects the total cost of the 737 Max grounding to exceed $18 billion, more than double its previous estimate, following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its flagship jetliner.
Boeing Co’s ousted chief executive officer, Dennis Muilenburg, is leaving the company with $62 million in compensation and pension benefits but will receive no severance pay in the wake of the 737 MAX crisis.
Development of China’s C919 single-aisle plane, already at least five years behind schedule, is going slower than expected, a dozen people familiar with the program told Reuters, as the state-owned Commercial Aircraft Corporation (COMAC) struggles with a range of technical issues that have severely restricted test flights.