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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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Middle East Airlines to Launch Beirut-Barcelona Seasonal Flights

Middle East Airlines (MEA), Lebanon’s national carrier, has announced plans to launch seasonal service between Beirut and Barcelona, starting June 26, 2025. The flights will be operated with the airline’s Airbus A320 aircraft, providing enhanced connectivity between the Middle East and Spain.

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Korean Air Introduces A350 Scheduled Service

Korean Air has launched its first scheduled service with the Airbus A350, operating on routes between Seoul Incheon International Airport and the Japanese cities of Fukuoka and Osaka Kansai. The service is available from January 27, 2025, to March 29, 2025, marking a significant milestone in the airline’s fleet operations.

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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.