Boeing provided a distinctively upbeat outlook for its finances, with its CFO setting expectations of “significant growth beyond” $10 billion in annual free cash flow next decade.
Boeing says certification of the 737-7 and -10 is in its final phases and remains on track for later this year but first deliveries will not begin until 2027.
The lack of regulatory requirements for airlines to carry personal motorized wheelchairs in the cabin leaves ample room for the air transport industry to drag its feet when it comes to accommodating the needs of all passengers.
In a bid to help the European aviation sector deal with the fuel crisis stemming from the Middle East conflict, the EC is taking steps to ensure operators have access to jet fuel.
Demand for Boeing 787-9 landing gear overhauls will increase in the next few years and Boeing is poised to earn a large share of the increasingly competitive market through its growing exchange program.
GE Aerospace has announced millions of dollars in new investments to support MRO and manufacturing workforce development across the U.S., Europe and Asia.
Canada approved a hike in flights to China as the two countries take further steps to rebuild air connectivity—although capacity is below pre-pandemic levels.
Iberia will suspend flights to Cuba in June, citing the country’s “exceptional situation” in which jet fuel has run out and the island faces an energy crisis.
Airlines are making adjustments in response to shifting demand linked to the Middle East conflict, but there is no evidence that a wave of retirements is imminent.
Narrowbody lessor Aircastle has noted that European and Asian airlines are bracing for jet fuel scarcity, but the Iran conflict so far has not impacted its business.
