AELF closes 737 financing with Nedbank
Lessor's first financing with the South African lender
Boeing starts issuing layoff notices starting this week
Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to…
Boeing strike sinks October deliveries to 14 jets
Boeing said on Tuesday it delivered 14 commercial jets in October, less than half of the 34 jets it handed over to customers during the…
Airbus nears deal on funding, payment terms with Spirit Aero, source says
Airbus is poised to finalise an agreement as early as Wednesday with struggling aerospace supplier Spirit Aerosystems on fresh funding and revised payment terms, a…
Spirit Aero to receive up to $350 million in funding from Boeing
Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline…
Avia Solutions Group orders up to 80 Boeing 737 MAX jets to gear up expansion
Boeing and Avia Solutions Group, the world's largest ACMI (aircraft, crew, maintenance, insurance) provider, today announced its first order with the company for 40 737-8s,…
Spirit to receive up to $350 million in advance payments from Boeing
Spirit AeroSystems said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to the firm, providing the struggling…
Boeing commercial airplanes quality chief to retire in December
By David Shepardson WASHINGTON (Reuters) - Boeing's head of quality for commercial airplanes, Elizabeth Lund, who has spearheaded the planemaker's improvement plans, will retire in…
Brazilian planemaker Embraer updates guidance as profit soars in Q3
Brazilian planemaker Embraer's raised its projected adjusted earnings before interest and taxes (EBIT) margin for 2024 to between 9% and 10%, from 6.5%-7.5% before, it…
Portugal targets 2025 TAP sale as more than 12 potential buyers show interest
Portugal's government plans to resume the sale of flag carrier TAP in 2025, the country's infrastructure minister said, after receiving interest from more than a…
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