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Saudi’s Flyadeal Cancels Orders Of Boeing’s 737 Max Aircraft

Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. As per reports, Flyadeal a Saudi Arabian budget carrier cancels orders for Boeing 737 Max aircraft after the latter faced two deadly...

Boeing’s 777X Flight To Face Delay, Faulty Engine To Blame

The new Boeing 777X passenger, touted as the world’s largest twin-engine jetliner plane, reportedly will face several months of delay to take its maiden flight after an unexpected fault was detected in a part of its new engine designed by the engine maker, GE Aviation....

Boeing Buying California-based Encore Group

Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. Recently, it was confirmed that Boeing is purchasing the EnCore Group, a California based aerospace interiors company.  This is the Boeing’s second deal in...

Boeing Reduces 737 Max Production

Reportedly Boeing recently cut down the production rate of its 737 Max aircraft from 52 to 42 per month with effect from mid-march this year. Dennis Muilenburg CEO, Boeing said company’s long-term production amidst the grounding has not changed. However, Muilenburg was uncertain as to...

Boeing 737 Skids Into Florida River, No Casualties Reported

A Boeing 737 800 chartered plane operated by Miami Air International skidded off the runway into the St Johns River, Jacksonville, Florida on May 3rd at 9.40 pm approximately, as per reports. The aircraft carrying 143 people including seven crew members were arriving from Naval...