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Cathay Pacific Opens Widebody Aircraft Bid

Cathay Pacific, the flagship carrier of Hong Kong, has officially launched a bidding process to acquire new widebody aircraft, with the Airbus A350, Boeing B787, and B777X competing for the order. While the final number of jets to be procured has not been confirmed, this development highlights Cathay Pacific’s commitment to modernizing its fleet.

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Boeing Reports $11.8 Billion Loss for 2024 Despite Growing Backlog

Boeing has reported a challenging financial year for 2024, with a 14% drop in revenue to $66.5 billion and a net loss of $11.8 billion. In the fourth quarter, the company faced a 31% revenue decline to $15.2 billion, accompanied by a net loss of $3.86 billion.

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7 Air Gains Preliminary Approval for US Cargo Operations

7 Air, a US-based carrier, has received preliminary approval from the US Department of Transportation (DOT) to commence its cargo operations. The airline will begin with two Boeing 737-800 P2F (Passenger-to-Freighter) aircraft, identified by serial numbers 34799 and 33471.

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Ryanair Expects Boeing to Increase B737 MAX Production

Ryanair, the Irish low-cost airline, has shared projections that Boeing will increase the monthly production rate of its B737 MAX aircraft to 38 units by the end of summer 2025. Additionally, production could climb to 42 units per month by October 2025, subject to approval from the Federal Aviation Administration (FAA).