Former Boeing CEO and Chairman Frank Shrontz, who led the company through key developments ranging from the 747-400 and 777 to the space station, died aged 92.
Lufthansa is anticipating further delays of its first Boeing 777-9 deliveries and now does not expect the first one to come until 2026, CEO Jens Ritter said.
Capacity constraints will prevent a full recovery within Europe’s short-haul market this summer, dampening traffic growth but signaling higher yields for LCCs.
While Swiss International Air Lines works to mitigate the impact of GTF-related groundings, CEO Dieter Vranckx is looking ahead to what will replace its 777s.