Clearing the 737 Max backlog could take three years, Cargo Facts Consulting finds

The delays associated with the 737 Max are expected to affect the narrowbody passenger-to-freighter feedstock situation into 2023, Cargo Facts Consulting (CFC) finds. The current idle 737 Max fleet stands at more than 740 units, including approximately 380 units that had been delivered at the time of grounding in March 2019. Continue reading this article […]

AEI adds conversions as interest in 737 Classics continues

Aeronautical Engineers Inc. (AEI) and Vx Capital Partners have signed an agreement for the conversion of three 737-400s into freighter configuration. Following redelivery, Vx will have converted a total of twenty-eight 737 Classics, including twenty-six with AEI. Vx’s overall leasing portfolio will grow to forty-three 737-400Fs. The aircraft are the only three 737-400s left in the […]

Boeing sees 737 Max return slipping to midyear, adding to strain

Boeing Co. said its grounded 737 Max won’t be cleared to fly until the middle of this year, at least six months later than previously anticipated, adding to the company’s financial burden. The U.S. planemaker is resetting expectations as it addresses two recent setbacks for the embattled Max: a software flaw that will require more work than […]

Boeing ousts CEO Dennis Muilenburg over 737 MAX crisis

(Bloomberg) — Dennis Muilenburg was ousted as chief executive officer of Boeing Co., a once-unthinkable turning point for a U.S. industrial champion engulfed in turmoil after two deadly crashes of its top-selling 737 MAX jetliner. David Calhoun, a General Electric Co. veteran who had served as chairman since October, will replace Muilenburg as CEO and […]
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