Landing gear specialist Héroux-Devtek of Quebec, Canada, has agreed to be acquired and taken private by a U.S. private equity firm for about $1.35 billion.
By Joe Anselmo, Jens Flottau, Lori Ranson, Daniel Williams
Airlines are on the verge of placing hundreds of orders for widebody jets. Listen in as editors and analysts discuss what’s behind the impending order boom.
Ethiopian Airlines CEO Mesfin Tasew says the Boeing 737-8s the carrier was expecting to receive this year have been delayed; he also doubts the 777X timeline.
Emirates Airline President Tim Clark expects to the new and expanded Dubai World Central Al Makhtoum Airport (DWC) to be operational between 2032 and 2034.
Singapore Airlines is optimistic that its first Boeing 777-9 will be delivered in 2025, despite airline peers recently estimating a revised timeline of 2026.
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.
Emirates has placed a firm order with Boeing for a further 90 777X, including for the smaller 777-8 variant, while flydubai has ordered its first 787s.
Boeing has revealed initial details of how the long-delayed certification effort for its 777-9 will be structured, with WH003 set to play a leading role.
