NEW YORK (AP) — Wall Street set more records Thursday as U.S. stocks coasted to the close of their latest winning month and quarter. The S&P 500 added 5.86 points, or 0.1%, to its all-time high set a day before and closed at 5,254.35. That sent its gain for the year’s first three months to … Read more
The Comac C919 is not very different from what Airbus and Boeing already have in the market, and that it was “not going to rock the boat in particular,” Christian Scherer, chief executive officer of Airbus’s aircraft commercial business said. “It looks a bit like an Airbus narrow body,” Scherer said, tongue in cheek, noting … Read more
Boeing will not be bringing any commercial planes to the Singapore Airshow, shifting the spotlight for passenger jets to rival Airbus as well as China’s homegrown offering. “The industry contacts we speak to believe the problems at Boeing, specifically the 737 Max, present an early opportunity for Comac,” Northcoast Research analyst Chris Olin told CNBC. … Read more
Boeing’s reputation takes a hit after 737 Max 9 fallout, survey shows CNBC Source link
PORTLAND, Ore. (AP) — The Boeing jetliner that suffered an inflight blowout over Oregon was not being used for flights to Hawaii after a warning light that could have indicated a pressurization problem lit up on three different flights, a federal official said Sunday. Alaska Airlines decided to restrict the aircraft from long flights over … Read more
MEXICO CITY (AP) — Mexico launched its army-run airline Tuesday, when the first Mexicana airlines flight took off from Mexico City bound for the Caribbean resort of Tulum. It was another sign of the outsized role that President Andrés Manuel López Obrador has given to Mexico’s armed forces. The airline’s military-run holding company now also … Read more
Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Alaska Air Group has agreed to buy rival Hawaiian Airlines in a $1.9 billion deal, setting up another potential regulatory battle … Read more
Jeff Bezos’ Blue Origin and Sierra Space are navigating a potential end to the Orbital Reef space station partnership, according to three people who spoke to CNBC about the situation. Discussions are ongoing and CNBC sources described the situation as fluid. Shortly after unveiling the Orbital Reef project in 2021, Blue Origin won a $130 … Read more
The company said that fastener holes on some Max 737 aft pressure bulkheads were improperly drilled. The issue is the latest to slow airplane deliveries at Boeing. Boeing said the issue was not related to flight safety. A person with an umbrella walks by a Boeing 737 Max fuselage parked outside the company’s production facility … Read more