Avolon's $608 million net profit in 2024 was helped by a $177 million settlement from insurance claims involving aircraft previously leased to Russian airlines.
The Global Emergency Response Flyer Competition aims to spur development of uncrewed emergency response aircraft that are safe, robust and road portable.
If Boeing hopes to meet its 777X first delivery target in 2026, the company needs to ramp up the pace of the aircraft’s flight test and certification program.
Trade conflicts would prolong industry’s supply chain disruptions and inflation, ultimately resulting in higher prices for airlines and the flying public.
With Aviation Week’s MRO Middle East coming up in Dubai, this week’s Flight Friday looks at recent flights for Middle Eastern operators by aircraft class.
Even if the Middle East is no longer the only game in town for defense exports, it still has ample appetite for advanced equipment, from drones to transports.
Southwest says higher production levels at Boeing will allow it to accelerate a fleet monetization strategy focused on the airline’s 737-800 and 737-8s.
“This is not going to be a major restructuring of the Boeing Company,” Ortberg said Jan. 28 while discussing fourth-quarter and full-year 2024 financial results.
