All articles by Jon Hemmerdinger – Page 96
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AnalysisPandemic heaps fresh pressure on Boeing as 737 Max grounding continues
The coronavirus pandemic, combined with the 737 Max grounding, could leave Boeing facing challenges more significant than it has experienced in perhaps 50 years, say some aerospace analysts.
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NewsUnited grounds half its total capacity in response to coronavirus
United Airlines will reduce capacity by half in April and May and has cut executive officers’ salaries 50% in response to a pandemic United’s executives say makes operating an airline “nearly impossible”.
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NewsUnited scales back London and Dublin flights as US travel ban widens
United Airlines has nixed some flights to London and Dublin following the US government’s expansion of its travel ban to include passengers arriving from the UK and Ireland. From 20 March until at least the end of April, Chicago-based United intends to operate just three daily flights to London and ...
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In depthBusiness jet industry faces uncertain future after several days of booming demand
The business aviation industry might be more insulated from coronavirus fallout than the commercial sector but likewise faces an unknown future as corporations globally restrict or outright prohibit business travel
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Airline BusinessConsolidation and record profits give US carriers some coronavirus defence
Industry consolidation and years of profits have left US airlines more prepared than ever to weather the falloff in demand created by the coronavirus outbreak, say industry analysts.
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Airline BusinessHow the 737 Max grounding changed commercial aerospace
One year has passed since regulators grounded the Boeing 737 Max in the wake of the crash of Ethiopian Airlines flight 302, setting in motion events that transformed the aerospace industry.
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NewsCoronavirus prompts American to retire 767s and 757s early
American Airlines has accelerated the retirement of its 767s and 757s. It now plans to ground 767s in May and 757s by the second half of 2021.
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NewsWashington state reduces Boeing tax breaks
Washington state has passed legislature that reduces tax breaks bestowed on Boeing and other aerospace companies, a change Boeing insists brings it into compliance with World Trade Organization rules.
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NewsBoeing’s order book declines as customers cancel and modify new-jet orders
Boeing’s commercial aircraft order backlog declined by 28 in February as customers cancelled deals for 737 Max, 787s and 777s, and converted Max orders to other types.
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NewsTwo more Boeing staffers at Everett test positive for coronavirus
Another two Boeing employees who work at the company’s Everett site have tested positive for the disease caused by coronavirus, bringing to three the number of employees who have tested positive.
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NewsDelta plans to cut flights, ground aircraft and hoard cash as virus hammers demand
Delta Air Lines has cut near-term capacity at least 15% and has started hoarding cash in response to the coronavirus outbreak, which has pushed Delta’s bookings down as much as 30%.
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NewsBoeing Everett worker tests positive for coronavirus
Boeing confirms an employee at its facility in Everett, Washington, home to its widebody production plant, has tested positive for COVID-19, the disease caused by the coronavirus.
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NewsFAA fines Boeing for unapproved sensors on almost 800 737s
The Federal Aviation Administration has proposed a $19.7 million fine against Boeing for regulatory violations related to sensors on nearly 800 examples of the 737NG and 737 Max.
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NewsCongress slams Boeing and FAA for alleged 737 Max failures
A US congressional committee investigating the Boeing 737 Max has issue a preliminary report highlighted alleged failures by Boeing and the Federal Aviation Administration.
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Airline BusinessCoronavirus downturn raises questions about demand for new passenger jets
Aerospace analysts are now considering whether the coronavirus-induced airline industry downturn, should it persist, might lead airlines to defer aircraft deliveries or even cancel orders. While aircraft makers say their industry remains healthy, the downturn is also raising questions about potential fallout to Boeing’s 737 Max, an aircraft Boeing expects will be certificated by mid-year.
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In depthGE Aviation plans hiring freeze and preps for up to $300m Q1 virus hit
GE Aviation will implement a hiring freeze and reduce 2020 spending in response to a new 737 Max agreement with Boeing, while contending with an expected $200-$300 million first-quarter hit from the coronavirus outbreak.
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NewsUS airlines ask President Trump to reassure virus-weary travellers
US airline chief executives met with President Donald Trump and other officials in Washington, DC on 4 March to discuss their industry’s response to the coronavirus outbreak. They also urged Trump to assure the American public that air travel remains safe – a request coming as the industry reels from sagging demand and virus-spooked travellers.
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NewsCoronavirus hits US airlines as United slashes 10% of US flight schedules
United Airlines has slashed North American flight schedules 10% starting this spring, implemented a hiring freeze, offered staff unpaid leave and postponed some salary increases – all in response to sagging demand from the ongoing coronavirus outbreak.
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NewsVirus prompts Delta to slash Japan capacity
The ongoing coronavirus outbreak has led Delta Air Lines to slash capacity to Japan and delay a plan to launch flights from Seoul to Manila.
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AnalysisBoeing’s new leaders may have what it takes to lead turnaround: analysts
In the year since the second 737 Max crash, Boeing has overhauled much of its top leadership, including naming of David Calhoun as new chief executive and Stan Deal as chief of Boeing Commercial Airplanes. Those changes have largely been viewed positively by aerospace analysts. They are optimistic Boeing’s new leaders have skills needed to move the company toward recovery.