Page 14 - Tim Hepher News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Reuters) -Boeing is reeling from a week of turmoil that has snagged production and development timelines and tested confidence in CEO Dave Calhoun almost a month after the mid-air blowout of a dummy door on a 737 MAX 9, industry insiders said. From Seattle where 737s are built, to Washington where they are regulated and Dublin, centre of the air finance world, the company has faced a perfect storm of competing pressures. In just eight days, Boeing has seen an unprecedented ceiling on 737 production growth imposed by regulators, bowed to lawmaker pressure to drop a request for a temporary e...

The second-hand market for airplanes is booming due to a chronic shortage that has persisted since the pandemic - and fears are growing that Boeing's latest crisis could tighten the squeeze in coming months. The industry is already some 3,000 planes short of what it planned pre-COVID due to pandemic disruption and other bottlenecks at Boeing and Airbus, leasing firm Avolon says. Now, curbs on Boeing production in the wake of a mid-air blowout add to pressures forcing airlines to fly older planes for longer - from engine shortages to supply chains and an abrupt snapback in travel in many...

The second-hand market for airplanes is booming due to a chronic shortage that has persisted since the pandemic - and fears are growing that Boeing's latest crisis could tighten the squeeze in...

Global airlines face continued shortages of aircraft for some years amid lagging production, pushing up the cost of leasing jets, a leading industry analyst said on Monday. There is...

One of the aircraft industry's most influential leaders believes Boeing will face a heavier regulatory backlash if there are further production snags such as the one suspected of causing a door plug...