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Boeing Co intends to restore production of its bestselling 737 MAX jet to its 2019 rate of 52 a month by January 2025 as it seeks to fully recover from two deadly crashes and the COVID-19 pandemic that curtailed output, two people familiar with the matter said.
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Boeing said on Tuesday that 11 Chinese airlines have resumed operation of the 737 MAX as of April 10, in a positive sign for the U.S. planemaker's attempts to rebuild its business in the world's second-largest aviation market.
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Icelandair Group HF said on Friday it signed a provisional deal to purchase 13 of European planemaker Airbus SE's latest A321XLR single-aisle jet, with deliveries slated to begin in 2029.
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The bankruptcy filing by Richard Branson's Virgin Orbit Holdings Inc has dealt a blow to Japan's hopes of building a domestic space industry, with plans for a Kyushu-based spaceport designed to attract tourism on hold for lack of funding.
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