Boeing's newest plane has been beset by certification delays, with flight tests paused for months, sparking frustration among some customers.
Cathay Pacific Airways Ltd. has launched a bidding process for dozens of new widebody aircraft, according to people familiar with the matter, pitting Airbus SE against Boeing Co. in what would be a multibillion-dollar deal.
Boeing’s quality issues led to major declines, while Airbus fared better. Find out why BA and EADSF stocks could see strong growth in 2025 due to low bases.
Airbus signalled a potential new charge in its troubled Space business on Tuesday, saying it would update investors on a long-running status review of a major satellite programme during annual results on Feb.
Airbus is terminating its charter cargo business, which used funky freighter aircraft to transport oversize loads, after less than a year.
The original BBJ-737 was designed to accommodate 19 passengers, but various versions with up to 30 passenger capacity were also released. The aircraft comes equipped with standard winglets, which offer a 7% reduction in lift-induced drag and a 5% increase in operational range.
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.
Boeing reported its second biggest annual loss ever after a tough year following a mid-air accident and worker strikes.
Airbus dominance in that market segment skewed the overall figures dramatically. Boeing delivered a total of 348 commercial jets in 2024, while Airbus delivered 766. Market pricing data from aircraft valuation firm Avitas peg the Airbus deliveries as worth $52 billion, exactly twice the value of Boeing’s deliveries.
Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about 3,000 employees in San Antonio.
President and CEO of Embraer Commercial Aviation, Arjan Meijer, explains how technical excellence makes Brazilian manufacturer a leader in its market segment.