737 MAX

Alaska Air to increase freighter fleet as cargo business soars

A white Alaska Airlines Cargo jet with blue tail and Eskimo image takes off, rear view.

Alaska Airlines on Thursday revealed it will convert two Boeing 737-800 passenger jets into freighters to further tap the boom in air cargo shipping. The fleet expansion is part of a broader effort, including the introduction of more MAX passenger jets and software upgrades, to accelerate the airline’s successful cargo business.

Parent company Alaska Air Group (NYSE: ALK) announced the new dedicated freighters along with its decision to speed up fleet growth to 400 aircraft by mid-decade and the...

https://www.freightwaves.com/news/alaska-air-to-increase-freighter-fleet-as-cargo-business-soars

Boeing takes $2.4B loss in Q2 due to COVID-19

Boeing

Aircraft manufacturer Boeing (NYSE: BA) reported a $2.4 billion net loss in revenue for the second quarter of 2020, which it attributes to the significant hit to the aviation industry by the ongoing coronavirus pandemic.

Commercial aircraft deliveries across the board fell by more than half during the first half of 2020, compared to the same period last year. Boeing’s popular 737 MAX was grounded more than a year ago after two deadly crashes within five months.

In addition, airlines are...

https://www.freightwaves.com/news/boeing-takes-24b-loss-in-q2-due-to-covid-19

Boeing: Επανέναρξη της παραγωγής του αεροσκάφους 737 MAX

Η αμερικανική βιομηχανία παραγωγής αεροσκαφών Boeing Co ανακοίνωσε χθες, Τετάρτη, ότι άρχισε την παραγωγή του αεροσκάφους 737 MAX, στη γραμμή παραγωγής της εταιρίας στο Ρέντον της Πολιτείας Ουάσιγκτον.

Η παραγωγή του αναφερόμενου τύπου αεροσκάφους άρχισε με «χαμηλούς ρυθμούς» μετά τη διακοπή της τον Ιανουάριο και αφού είχαν προηγηθεί δύο τραγικά αεροπορικά δυστυχήματα με την εμπλοκή αεροσκαφών του τύπου, που κόστισαν στη ζωή σε 346 ανθρώπους.

Τα αεροσκάφη 737 ΜΑΧ καθηλώθηκαν το Μάρτιο του 2019,...

https://www.naftikachronika.gr/2020/05/28/boeing-epanenarxi-tis-paragogis-tou-aeroskafous-737-max/

New Airbus production line for small jets opens in Alabama

Partially assembled sections of a plane in a factory.

Airbus has more production capacity at its Mobile, Alabama, manufacturing campus for its A220 regional jet, but who will take delivery or make new orders is an open question as the airline industry struggles to generate business in the COVID era.

The European aircraft maker on Tuesday officially opened a final assembly line for the A220 and began production of the first U.S.-built A220 for JetBlue (NASDAQ: JBLU) after tugs pulled three main sections into the building.

The 270,000-square-foot...

https://s29755.pcdn.co/news/new-airbus-production-line-for-small-jets-opens-in-alabama

United Deep Dive: Earnings call underscores airlines’ disciplined survival plan

White jet on appoach for landing.

No one knows when the economic depression will end. It’s no surprise that many companies lost money in the first quarter and will have worse results during the second quarter. Instead, investors are trying to figure out who is able to recover fastest and win market share in a post-pandemic reopening.

That’s why no one cares that United Airlines (NASDAQ: UAL) lost $1.7 billion in the first three months of the year. For the airline industry the metrics that count now are liquidity and cash burn....

https://s29755.pcdn.co/news/united-deep-dive-earnings-call-underscores-airlines-disciplined-survival-plan