Boeing

Boeing Forecasts $7.2 Trillion Jetliner Market

Boeing Forecasts $7.2 Trillion Jetliner Market

Aircraft maker Boeing said it sees the market for jets rising to $7.2 trillion over the next two decades.
Boeing also said that global aviation will return to pre-pandemic levels by 2024, as it raised its 20-year forecast for commercial airplane demand.
The Chicago-based company forecast demand for 43,610 new planes valued at $7.2 trillion by 2040, representing an increase of about 500 planes over last year’s forecast, as it said in …

Alaska Air to Add Additional Boeing 737s to Fleet

Alaska Air to Add Additional Boeing 737s to Fleet

Alaska Airlines said it had ordered a dozen additional Boeing 737-9 Max aircraft as the travel sector continues to see a recovery from the early days of the coronavirus pandemic.
The order is its third since the beleaguered aircraft was re-certified for operation by the U.S. Federal Aviation Administration last November, rescinding the grounding of the type following two hull losses in the previous years.
“These aircraft are a prudent, long-term investment …

Great Moments in Travel History – August 2021

August, a holiday month for a good part of the world, is tied with July for the hottest month of the year in the Northern Hemisphere.
It is the eighth month of the year in both the Julian and Gregorian calendars. It is named after Augustus, a Roman statesman who was the first ruler of the Roman Empire. The month was originally named Sextilis because it was the sixth month of …

Boeing 737 Makes Emergency Landing in Pacific Ocean Off Hawaii, Both Pilots Safe

Boeing 737 Makes Emergency Landing in Pacific Ocean Off Hawaii, Both Pilots Safe

A Transair cargo plane crashed into the Pacific Ocean several miles off the coast of Oahu, Hawaii, after reporting an emergency.
Transair Flight 810, a Boeing 737-200 cargo plane, was en route from Honolulu to Maui when the pilots told air-traffic controllers that one engine was down and that there were issues with the other.
“We’ve lost No. 1 engine, and we’re coming straight to the airport,” one pilot said to controllers. …

Boeing Names Former GE Executive as New CFO to Replace Retiring Longtime Finance Chief Greg Smith

Boeing Names Former GE Executive as New CFO to Replace Retiring Longtime Finance Chief Greg Smith

Boeing announced the appointment of Brian West to the position of company’s new chief financial officer and executive vice president.
Mr. West replaces Greg Smith, the company’s longtime finance chief, who also served as interim CEO in 2019 and 2020.  Mr. Smith had announced earlier in the year his intention to retire in early July.
The company appointed Dave Dohnalek, its senior vice president and treasurer, to the position of interim CFO …

Great Moments in Travel History – July 2021

July is the seventh month of the calendar and was named after the Roman general Julius Caesar as it was the month of his birth.  Prior to that time it was known as Quintillis, or the fifth month of the ten-month Roman calendar.
Falling between June and August, July is typically the start of the “dog days” of summer, a period of hot, humid, and uncomfortable weather.  The ancient Romans blamed …

United Airlines Places Largest Aircraft Order in its History with ‘United Next’ Initiative

United Airlines Places Largest Aircraft Order in its History with ‘United Next’ Initiative

United Airlines announced its largest aircraft order ever, adding 270 Boeing and Airbus single-aisle aircraft to its fleet as part of its new “United Next” initiative.
The Chicago-based airline said Tuesday that it has ordered 200 Boeing 737 Max jets and 70 larger Airbus A321neos. The deal is valued at more than $30 billion at list prices before customary discounts.
“Our ‘United Next’ vision will revolutionize the experience of flying United as …