Air India crash puts Boeing bosses
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Vietnam's newly established Sun PhuQuoc Airways will initially operate Airbus's narrow-body aircraft, including the A321neo, it said on Friday.
The Air India flight, carrying 242 passengers and crew members, crashed shortly after takeoff from Ahmedabad, India, en route to London Gatwick.
Brian Langenberg, Langenberg & Co, talks about China's COMAC and its presence on the global market. How much of a threat does it pose to Airbus & Boeing – and can it become the BYD of planemakers?
Royal Air Maroc is in the final stages of a major order from Boeing Co. and a smaller deal for Airbus SE jets as part of the North African carrier’s expansion plans, according to people familiar with the matter.
Royal Air Maroc is nearing a deal with Boeing for dozens of jets to renew its fleet, though Europe's Airbus is preparing to gain a rare foothold with a smaller order for 20 A220 jets, industry sources said on Wednesday.
Airbus is cutting costs and growing revenue rapidly at its space business. United Launch Alliance is a joint venture between Boeing and Lockheed Martin, and competes with Airbus and SpaceX. "The ULA Vulcan program has performed unsatisfactorily this past year.
Why It Matters: The news comes in as the global aircraft industry is dealing with supply chain constraints. Recently, Boeing replenished its stockpile of crucial nuts used in the production of its best-selling 737 Max aircraft.
Not only has Boeing struggled to cope with a safety and quality control crisis, it has lost billions of dollars following a strike by workers that paralysed production at two of its biggest factories.
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