Boeing’s 737 MAX may stay grounded until 2020, WSJ says

Boeing Co.’s 737 MAX may stay grounded until early 2020, the Wall Street Journal reported, months later than the guidance the planemaker is privately providing customers for resolving a software issue that surfaced last month. The plane is expected to start flying again in January 2020 “under the latest scenario,” the Journal said, citing unidentified sources within […]
  • Bloomberg News
  • July 15, 2019

US and EU head for tariffs over aircraft aid, trade chief says

European Union Trade Commissioner Cecilia Malmstrom signaled that she expects the U.S. and EU to hit each other with tariffs as retaliation over illegal government aid to Airbus SE and Boeing Co. Malmstrom said the U.S. is entitled to strike first by the end of summer and the EU would follow suit five to six […]
  • Bloomberg News
  • July 9, 2019

Bombardier caps commercial-jet exit with CRJ sale to Mitsubishi

Bombardier Inc. is selling its regional-jet business to Mitsubishi Heavy Industries Ltd., ending the Canadian company’s foray into commercial aircraft after more than three decades. Mitsubishi agreed to pay $550 million for the maintenance, support, marketing and sales operations of the aging CRJ program, the companies said Tuesday. The Tokyo-based manufacturer, which is developing the […]
  • Bloomberg News
  • June 25, 2019

FedEx Trims Amazon Ties as Retailer Flexes Delivery Muscles

FedEx Corp. said it wouldn’t renew its U.S. air-delivery contract with Amazon.com Inc., paring a key customer relationship as the largest online retailer deepens its foray into freight transportation. The new focus will be on “serving the broader e-commerce market,” with U.S. package volume from online shopping expected to double by 2026, FedEx said in […]
  • Bloomberg News
  • June 7, 2019

EU-US Trade War Escalates Over Disputed Aviation Subsidies

(Bloomberg) — The European Union is preparing retaliatory tariffs against the U.S. over subsidies to Boeing Co., significantly escalating transatlantic trade tensions hours after Washington vowed to hit the EU with duties over its support for Airbus SE. The two sets of punitive measures are the latest twists in a 14-year-old dispute that the U.S. […]
  • Bloomberg News
  • April 9, 2019

Airbus Buries A380 Flagship, Drawing Curtain on Jumbo-Jet Era

Airbus SE decided to stop making the A380 double-decker after a dozen years in service, burying a prestige project that won the hearts of passengers and politicians but never the broad support of airlines that instead preferred smaller, more fuel-efficient aircraft. Production of the jumbo jet will end by 2021, after the A380’s biggest customer, […]
  • Bloomberg News
  • February 13, 2019

Air Force Accepts Flawed Boeing Tanker in a $44 Billion Program

The U.S. Air Force has accepted the first delivery of Boeing Co.’s long-delayed aerial refueling tanker despite flaws that remain to be fixed, the service said Thursday. The first eight of 179 planned KC-46 aerial tankers in the $44 billion program will be accepted from now through February. That’s more than two years late — […]
  • Bloomberg News
  • January 10, 2019

Aston Martin Board Approves Air Freight in Brexit Planning

Aston Martin Lagonda Global Holdings Plc’s board has authorized contingency planning for Brexit that includes shipping car components via air freight. The luxury carmaker is signing deals with its supplier, DHL, to allow for the use of ports other than Dover and has authorized its supply chain team to make bookings for cargo planes, a […]
  • Bloomberg News
  • January 8, 2019