Tag: Boeing

Aviation geeks have to mature to respond to a crisis

On Friday evening, whatsapp groups and social media started buzzing with news about runway excursion at Calicut. A quick check on the television, and the news channels were busy with news about Sushant Singh Rajput. Soon whatsapp started flooding with details - name of the captain and first officer, photos, videos and further details.  Air … Continue reading Aviation geeks have to mature to respond to a crisis →

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Airbus and Boeing results show COVID19 pain is here to stay

Airbus and Boeing - two of world’s largest aircraft manufacturers declared their half yearly results over the last two days. On expected lines, both have declared losses. Boeing saw a drop of 26% in revenues in the first half of 2020 over the same period last year. The drop was 39% for Airbus. For Boeing, … Continue reading Airbus and Boeing results show COVID19 pain is here to stay →

Airbus, Boeing announce Q1 losses, cut production rate

The two largest airplane makers in the world, Airbus and Boeing announced their Q1-CY20 results today. As anticipated both the manufacturers have declared losses as the world battled COVID-19 and air travel is one the most impacted industries worldwide. Airbus reported revenues of EUR 10.6 billion and a consolidated net loss of EUR 481 million … Continue reading Airbus, Boeing announce Q1 losses, cut production rate →

Boeing terminates agreement to establish joint venture with Embraer

In a not so surprising move Boeing announced that it has terminated Master Transaction Agreement (MTA) with Embraer. The MTA was signed in 2018 under which the two companies sought to establish a new level of strategic partnership. This involved creating a joint venture comprising Embraer’s commercial aviation business and a second joint venture to … Continue reading Boeing terminates agreement to establish joint venture with Embraer →