CDE News

Airbus challenges Boeing cargo dominance with A350 freighter

Europe's Airbus took aim at one of Boeing's most profitable strongholds on Thursday with plans for a freighter version of its A350 passenger jet, gambling that a pandemic boom in…

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Boeing posts first profit in almost two years, propelled by 737 MAX deliveries

Boeing Co on Wednesday posted its first profit in almost two years, as deliveries of its best-selling 737 MAX jets to airlines gained traction amid a sharp rebound in travel…

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Boeing halts deliveries of 787 Dreamliners

Boeing Co has halted deliveries of its 787 Dreamliners, adding fresh delays for customers following a recent five-month delivery suspension due to production problems, the Wall Street Journal reported on…

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Boeing won FAA OK for 737 MAX electrical fix, notifies airlines

Boeing Co on Wednesday won approval from U.S. regulators for a fix of an electrical grounding issue that had affected about 100 737 MAX airplanes, clearing the way for their…

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More electrical problems found on some Boeing 737 MAX -sources

Ryanair’s New Boeing 737 MAX 8200 Receives FAA Certification

The Federal Aviation Administration (FAA) said it had approved the design for the Boeing 737-8200, part of the Boeing 737 MAX series, a necessary step before the U.S. planemaker can…

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FAA orders immediate inspections of some Boeing 777 engines after United failure

The Federal Aviation Administration (FAA) said it was ordering immediate inspections of Boeing 777 planes with Pratt & Whitney PW4000 engines before further flights after an engine failed on a…

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UPDATED: Dutch investigate why Boeing 747 lost engine parts shortly after take off

An incident involving a Boeing 747-400 cargo plane that dropped engine parts shortly after take-off from Maastricht airport on Saturday is under investigation, the Dutch Safety Board said. The cargo…

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Boeing recommends airlines suspend use of some 777s after incident in Denver

Boeing Co said it recommended suspending the use of 777 jets with the same type of engine that shed debris over Denver at the weekend after U.S. regulators announced extra…

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Boeing to pay $2.5 bln to settle U.S. criminal probe into 737 MAX crashes

Boeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total…

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European regulator to lift Boeing 737 MAX grounding in January

Europe is set to lift its flight ban on the Boeing 737 MAX passenger jetliner in January after U.S. regulators last week ended a 20-month grounding triggered by two fatal…

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Boeing to cut 20% of workforce by end of 2021

Boeing Co unveiled a fourth straight quarterly loss and deeper job cuts on Wednesday as the coronavirus pandemic and the lengthy grounding of its 737 MAX continued to hammer revenue.…

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Boeing records first 737 MAX order in 2020, cancellations rise

Boeing Co secured its first 737 MAX order in 2020, but the U.S. planemaker added more cancellations as customers ditched orders for the grounded MAX jets and overall aircraft deliveries…

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Boeing to offer voluntary layoffs to employees amid coronavirus fallout

Boeing Co was set to offer employee buyout and early retirement packages, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the…

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Iran admits its military shot down Ukrainian Boeing unintentionally

Iran announced Saturday that its military 'unintentionally' shot down a Ukrainian jetliner, killing all 176 aboard. The statement came Saturday morning and blamed 'human error'' for the shootdown. An Iranian military…

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Iran invites Boeing to probe Ukrainian plane crash

Iran has invited Boeing to take part in the investigation into a Ukrainian jetliner that crashed earlier this week at a time of soaring tensions between Washington and Tehran, killing…

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Trudeau – Ukrainian Boeing may have been unintentionally shot down by Iranian Anti-Aircraft missile

Canadian Prime Minister Justin Trudeau said Thursday evidence indicates an Iranian missile downed a Ukrainian jetliner late Tuesday and that the strike “may have been unintentional.” Trudeau says Canadian and…

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Boeing has uncovered another potential design flaw with the 737 Max

Hundreds of 737 Max jets are sitting, grounded, as Boeing awaits approval from aviation regulators for the troubled plane to return to flight. But now, the company has discovered yet…

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Airbus ousts Boeing as biggest plane maker

Europe's Airbus has become the world's biggest plane maker this year as its US rival Boeing struggles to get its bestselling MAX jets back in the skies. Airbus — which…

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Boeing fires CEO as it announces major boardroom shake-up

Boeing has fired its CEO Dennis Muilenburg in a boardroom shake-up following the crisis over its 737-MAX jet production and two deadly crashes, the company announced. The company announced that…

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Boeing’s capsule lands after incomplete space mission

The Boeing company has cut short the demonstration flight with no crew on board of its new astronaut capsule. The Starliner launched successfully on its Atlas rocket from Florida, but…

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Boeing fails key test to reach space station

Boeing Co’s new astronaut capsule failed after liftoff on Friday to climb high enough in orbit to reach the International Space Station, cutting short a critical unmanned test mission in…

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Boeing halts production of 737Max

Boeing is temporarily halting production of its grounded 737 Max after the Federal Aviation Administration (FAA) said last week it would not approve the plane’s return to service before 2020.…

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Boeing accused of trying to hasten 737 MAX return

The head of the Southwest Airlines Co pilot union sharply criticized Boeing Co and questioned whether the manufacturer was trying to speed up the timeline for the 737 MAX’s return…

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Israeli airline El Al retires its last Boeing 747 in style

Israeli airline El Al gave a spectacular send off to its fleet of Boeing 747s by diverting the last scheduled flight of the model to trace the plane's outline in…

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Qantas grounds Boeing 737 plane due to ‘cracking’

Australian airline Qantas has grounded one of its Boeing 737 NG planes after discovering "cracking" in one section. The carrier said several airlines were inspecting their 737 NG fleets after…

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Photo Story: US Air Force Osprey conducts demonstration flight in Budapest

A CV-22B Osprey type aircraft of the US Air Force conducts a demonstration flight above Budapest, Hungary, 29 October 2019, on the fifth day of a joint operation of Hungarian…

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South Korea grounds nine Boeing 737 NG planes with cracks

South Korea’s transport ministry on Friday said nine Boeing Co 737 NG planes in the country had been grounded after checks found structural cracks requiring repairs. The suspension follows an…

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Boeing Max Design and Pilot Failures Blamed for Lion Air Crash

Indonesian investigators found scores of problems and missteps in connection with last year’s fatal Lion Air crash, ranging from design flaws in Boeing Co.’s 737 Max airplane to certification failures by U.S. regulators…

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Lion Air families told of fatal Boeing 737 crash causes, changes at the helm of Boeing

Mechanical and design problems with the flight control system were among the causes of last year's Lion Air crash, families of the victims have been told. Indonesian investigators focused on…

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Boeing faces new crisis as senior pilot claims he might have ‘unintentionally’ misled regulators

A Boeing pilot warned about problems with the flight-control program on the 737 Max that was implicated in two fatal crashes, said he “unknowingly” lied to regulators, and told the Federal…

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Russia’s Aeroflot cancels Boeing 787 order

Boeing is facing additional uncertainty over future production rates for its 787 Dreamliner after Russian carrier Aeroflot formally cancelled an order for 22 aircraft valued at about $5.5 billion. The…

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Boeing settles first lawsuit with 737 Max crash families

Boeing reached settlements with 11 families of victims from the deadly October 2018 crash of a Lion Air 737 Max aircraft in Indonesia, the company's law firm announced. The settlement…

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Photo Story: Apache AH-64E attack helicopters introduced into Indian Air Force fleet

Apache AH-64E attack helicopters displayed during an induction ceremony at Indian Air Force Station Pathankot in Punjab. The Indian Air Force (IAF) has introduced Apache AH-64E helicopters into IAF fleet…

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Will Boeing win confidence again?

When have you ever been bothered about the type of aircraft you’re flying on? The airline will happily tell you which model it is, and furnish you with all sorts…

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Midday Dispatch – Corporate and Financial News

Donald Trump has launched a stinging attack on cryptocurrencies, including Facebook’s proposed Libra coin, and warned that the social media network might be subject to full banking regulation if it…

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Midday Dispatch – Financial and Corporate News

Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro “reinvention” which Germany’s largest lender said would mean…

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Boeing allocates $100 million to assist families of 737 Max crashes

Boeing, still reeling from the two deadly 737 Max crashes, is setting aside $100 million to assist the families of victims and communities impacted by the accidents in October and…

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Midday Corporate Dispatch – Corporate and Financial News

The Baltic Container Terminal (BCT), operated by a Maltese company since the 1990s, is investing €30 million over the next three years to consolidate its position as the main recipient…

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PhotoStory – Ryanair aircraft operated by Malta Air spotted in Stansted airport

Aeronews published photos of what probably is the first Ryanair aircraft at Stansted airport, operated by the newly set up Malta Air. The 9H-QAC Ryanair Boeing 737-800 was formerly registered as…

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Midday Corporate Dispatch – Financial and Corporate News

Eurozone wage growth accelerated at its fastest pace in a decade in the first quarter, underpinning the region’s economic expansion even as the export-led manufacturing sector suffers amid weakening global…

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Midday Corporate Dispatch – Financial and Corporate News

Good afternoon, These are the salient Corporate and Financial news for our first edition of the Midday Corporate Dispatch. Bank of Valletta’s last correspondent bank for US dollars transactions…

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Boeing’s largest shareholder express concern with company’s management on oversight failures

Boeing's largest shareholder, Vanguard, has raised concerns with Boeing’s management over its handling of the grounded 737 Max, saying its fund managers have become “very concerned” by reports of oversight…

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For $35,000 one can be a tourist on the ISS

NASA is to allow tourists to visit the International Space Station from 2020, priced at $35,000 per night. NASA said it would open the orbiting station to tourism and other…

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Boeing 737 MAX to stay grounded till August

The International Air Transport Association (IATA) expects it could take until August before the Boeing Co 737 MAX returns to service, the airline group’s head said on Wednesday, adding that…

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Corporate Dispatch Friday Morning Briefing – Friday 17th May 2019

Good morning, Theresa May seems set for departure, Malta qualifies for the Eurovision final, Australia goes to the polls, Angela Merkel's political future are some of today's selection of headlines…

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Boeing’s profit takes big hit after 737 MAX groundings

Boeing Co reported a 21 percent fall in first-quarter profit on Wednesday and suspended its 2019 outlook as the world's largest plane maker worked to get its 737 MAX…

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USA threatens to impose new tariffs on European products over subsidies to Airbus

The White House on Monday threatened to impose new tariffs on European products over subsidies to aerospace giant Airbus. The FT reports that the US is weighing tariffs on $11bn of…

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American Airlines extends 737 MAX cancellations

American Airlines announced that it will extend cancellations of 90 flights a day through June 5 because of the grounding of Boeing 737 MAX aircraft following two deadly crashes…

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Fatal Ethiopian Airlines Flight 302 crew had followed safety procedures set forth by Boeing in their operation of the 737 Max 8

The Ethiopian government briefed journalists Thursday on the initial findings of its investigation into the crash of Ethiopian Airlines Flight 302. The Ministry of Transport said the airline would also…

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