The workers union at Boeing US West Coast factory said members voted 59% in favour of the new contract, which includes a 38% pay rise spread over four years
Commercial aircraft
Latest in Commercial aircraft
Aviation
Boeing ups contract offer to striking workers to 38% hike over 4 years
New contract endorsed by the union, but workers to vote on Monday as hopes rise of an end to 7-week standoff
Aviation
Beleaguered Boeing launches $22 billion share offering
Airline major to launch public offerings of 90 million shares of common stock and $5 billion of depositary shares
Aviation
Boeing projects global demand for 42,595 new commercial jets by 2042
Airlines will replace about half of the global fleet with new, more fuel-efficient models, according to the company’s forecast
Airbus
Airbus to recruit engineering, IT talent at Aero India in Bengaluru, 13,000 new jobs this year
Aero India 2023 is slated to be held on February 13-17 in the capital city of Karnataka, a southern Indian state
Airbus
Airbus plans to recruit more than 13,000 people in 2023
Airbus said that in 2022 it had already hired the same number of people and that it currently employs more than 130,000 people worldwide
airline business
India’s Jet Airways auctions Boeing 777 airplanes in bid to resolve financial issues
The airline is currently trying to negotiate deals with lenders and former employees in order to start operations again
airline business
Middle East carriers to order nearly 3,000 jets by 2040 as travel recovery takes flight
Middle East airlines are expected to spend around $765 billion to get the additional jets – more than two thirds of which will be new deliveries, while the remaining will replace older models
Abu Dhabi
Etihad Airways unveils ‘Sustainability50’: the first A350 aircraft operated by a UAE airline
The Rolls-Royce Trent XWB-powered Airbus A350 is one of the most efficient aircraft types in the world, with 25 percent less fuel burn and CO2 emissions than the previous-generation twin-aisle aircraft
Aviation industry
Boeing shares optimism for return of 787 Dreamliner deliveries
As the aviation manufacturing giant continues inspections of its 787 carriers following quality concerns, Boeing International shares with Arabian Business its optimism for a close restart of its Dreamliner deliveries
Aviation industry
Boeing exec reveals confidence in 777X delivery
Randy Heisey, managing director of Commercial Marketing for the Middle East, said aircraft will enter into service ‘in just a few years’
airline industry
Middle East region to need 3,000 new airplanes by 2040
Region’s commercial jet and services market will be valued at more than $1.4 trillion in next 20 years
A380
Video: Why Emirates can’t give up on the Airbus A380
As increasing numbers of airlines either retire their A380s or place them in long term storage, one airline is doubling down on the superjumbo: Emirates.
Aerospace
Video: Future of Boeing 737 Max aircraft remains uncertain
Even as the air travel industry struggles during the Covid-19 pandemic, Boeing is still aiming to get its 737 Max planes back in the skies, despite being grounded in the wake of two deadly crashes.
Aerospace
Video: The Boeing future small airplane – A 737 MAX replacement that’s needed
There has been talk ongoing for years regarding the future of the narrowbody market. While predicted uptick in passenger traffic had driven a desire for a new midsize airplane, there is actually a strong need for a clean sheet narrowbody workhorse. The current situation and its impact on future travel demand have only served to exacerbate that need.
A380
Video: Airlines try to sustain their A380 superjumbos
When it comes to aircraft, the Airbus A380 is one of the biggest casualties of the global health crisis. The widebody continues to largely remain out of regular commercial action after several months of restrictions and low passenger activity.
Airbus
Video: Why we still don’t have another Concorde
The Concorde changed the way we traveled 40 years ago by drastically cutting flight times between Europe and the US. However, the Concorde retired in 2003, and there’s yet to be a reemergence of a commercial supersonic jet.