In the next 20 years (2016-2035), according to Airbus’ Global Market Forecast, passenger traffic will grow at an average 4.5% a year, driving a need for over 33,000 new aircraft above 100 seats (32,425 passenger & 645 freighters greater than 10 tonnes) worth US$5.2 trillion. By 2035, the world’s aircraft fleet will have doubled from...Read more
By the early 1990s, it became clear that the new Airbus A320 was a serious threat to the Boeing’s market share as Airbus have won previously loyal 737 customers such as Lufthansa and United Airlines. In 1993, Boeing’s board of directors authorized the Next Generation program to replace the 737 Classic series. While the whole world is...Read more
Boeing opened a new research laboratory to test hardware and software that will make a new generation of autonomous air, sea and land vehicles work together more effectively as a team or unit. The lab will serve as the company's leading location for collaborative autonomous technology development with academic institutions and research...Read more
Boeing has awarded $200 million in contracts to small businesses for work on the International Space Station. Boeing is NASA’s prime contractor for the ISS. The contracts were awarded under the Boeing Engineering and Technical Support Service program. The selected companies provide expertise in a number of areas including engineering,...Read more
Each day, 30,000 Boeing employees help clear the air by forgoing solo driving and choosing a cleaner commuting option, as new Boeing jetliners reduce emissions by more than 20 percent, and cleaner company operations use less water and power and send less waste to landfills. Boeing’s progress in reducing its environmental footprint and helping...Read more
Boeing employees joined with community leaders from across the region to celebrate the grand opening of its new 777X Composite Wing Center (CWC) in Everett, Wash. The facility, located on the north side of the main final assembly building, will manufacture the world's largest composite wings for the 777X, the company's newest commercial...Read more
Boeing continues its role as the United States’ leading provider of attack helicopters with a contract to remanufacture 117 AH-64D Apaches to the new, more capable AH-64E model. The agreement, which also includes the acquisition of Longbow Crew Trainers, logistical support and spares, carries a total contract value of about $1.5...Read more
Boeing Business Jets’ (BBJ) success in the Chinese market continues this year with 21 in-service airplanes and three BBJ MAXs currently on order. With unmatched product reliability and customer service, BBJ is the preferred ultra-large business jet in China. “BBJ is doing really well in Greater China and we are growing every year,” said...Read more
Boeing projects Latin American airlines will need 3,050 new airplanes valued at $350 billion in the next two decades, tripling the region’s current fleet size. “Over the long term, Latin American economies will grow faster than the rest of the world,” said Donna Hrinak, President, Boeing Latin America. “This growth will create increased...Read more
Boeing Chief Technology Officer and Senior Vice President, Engineering, Operations & Technology John Tracy has announced his intention to retire after 35 years of service and 10 years as CTO, following celebration of Boeing’s 100th anniversary this summer. Tracy will begin transitioning his portfolio of Engineering, Operations &...Read more
Boeing engineers and designers have developed a self-cleaning lavatory prototype that uses ultraviolet (UV) light to kill 99.99 percent of germs. The cleaning system can disinfect all surfaces after every use in just three seconds. Boeing believes this self-cleaning technology, combined with touchless features, will enhance the passenger...Read more
Boeing and China Development Bank Financial Leasing Co., Ltd. celebrated the delivery of the first Next-Generation 737 from the lessor's order book to China Eastern Airlines. It marks the first of 30 Boeing 737NG CDB Leasing has on order. "We are delighted to take delivery of CDB Leasing's first directly purchased Boeing airplane," said Wang...Read more
A combined Boeing/U.S. Air Force aircrew aboard the KC-46 tanker successfully refueled an F/A-18 aircraft in flight February 10th. The air refueling was the program’s first using the KC-46’s hose and drogue system. During the 4+ hour flight, the tanker’s air refueling operator smoothly transferred fuel to the F/A-18 flying at 20,000...Read more
Boeing named Brett Gerry president of Boeing Japan, effective April 1. He will succeed George Maffeo who will retire from the company after nearly 40 years with Boeing. Gerry will be based in Tokyo, reporting to Marc Allen, president, Boeing International. As president of Boeing Japan, Gerry will lead company-wide activities, continuing a...Read more
The Boeing Company announced it will lower the production rate on the 747-8 program to match supply with near-term demand in the cargo market. To account for the market and production impacts, the company will recognize a $569 million after-tax charge ($0.84 per share) when it announces financial results for the fourth quarter of...Read more
2016 weren’t easy for airlines around the globe that continue to struggle with ways of finding pilots to fill cockpit seats. 2017 is expected to be an even more pressing year, as Boeing, Airbus and other manufacturers keep accelerating their production, while the already small pool of qualified FOs and PICs grows at a significantly slower pace....
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