Boeing is reportedly exploring the possibility of selling parts of its space division as part of a strategic evaluation of its portfolio, according to industry sources.
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Southwest Airlines (US) has expanded its fleet with the addition of a Boeing B737-8, serial 68458, powered by advanced LEAP-1B28 engines. This latest delivery highlights Southwest’s ongoing commitment to modernizing its fleet and maintaining operational efficiency.
ORIX Corporation (Japan) has announced significant leadership changes within its aviation group, highlighting its focus on strengthening its global executive team. James Meyler, currently serving as CEO of ORIX Aviation (Ireland) Group, has been promoted to the role of Group Executive, ORIX, Japan, while retaining his CEO position. This strategic move underscores the corporation’s confidence in Meyler’s leadership and…
Boeing has resumed production across all airplane programs that were previously halted due to a machinists’ strike in the Pacific Northwest. The affected programs include the B767, B777/777X, and B737 MAX, all of which are now back in operation.
The Estonian government has given preliminary approval to proceed with negotiations with aviation investor Lars Thuesen regarding the sale of Nordic Aviation Group and Transpordi Varahaldus, two significant players in Estonia’s aviation sector. This conditional approval allows for the continuation of talks, provided that the Nordic Aviation Group’s board meets specific business performance targets in…
Iran has successfully localized the production of engine parts for Airbus and Boeing aircraft, a significant milestone achieved in collaboration with MAPNA Group, a leading Iranian industrial conglomerate. The announcement was made by Hossein Pourfarzaneh, head of the Civil Aviation Organization, highlighting the country’s strides in achieving self-reliance in aviation technology.
Spirit AeroSystems has announced an Advance Payments Agreement with Boeing, under which Boeing will provide advance payments totaling up to $350 million. This financial commitment is intended to support Spirit’s production of Boeing components, ensuring that production rates meet Boeing’s requirements. This agreement marks a significant step in Spirit AeroSystems’ collaboration with Boeing, as the funding will provide crucial capital…
