China Southern Airlines has ordered two Boeing 747-400 freighters to boost its year-old dedicated cargo operation. The aircraft will be delivered in 2002. China Southern currently operates a single 747-400F on wet-lease from Atlas Air.
Source: Airline Business
Boeing has confirmed it will take over US-based aerostructures firm Spirit AeroSystems in an $8.3 billion agreement, including net debt, with Airbus poised to acquire its key programmes from the company. The all-stock transaction has an equity value of $4.7 billion, with each share of Spirit stock being exchanged for ...
The US Department of Justice (DOJ) is offering a settlement package to Boeing that would see the company plead guilty to fraud charges, pay a $244 million fine and be subject to continued government oversight.
Boeing is under fire for releasing information about safety incidents still under investigation by the US National Transportation Safety Board, including details the agency describes as inaccurate.
