SYDNEY — China Development Bank (CDB) Financial Leasing Co said on Monday it had agreed with Boeing Co to cancel the purchase of 29 undelivered 737 MAX jets. Read More

CDB Financial Leasing cancels purchase of 29 Boeing 737 MAX jets — Financial Post

Boeing Co on Tuesday reported another 75 cancellations for its 737 MAX jetliner in March, as the coronavirus crisis worsens disruptions from the grounding of its best-selling jet. Read More

Boeing 737 MAX cancellations mount amid production halt — Financial Post

Concerns about new plane ground Boeing stock rise — Financial Post

Boeing soared early in 2019 and lifted the Dow Jones Industrial Average with it. Now concerns about the safety of the newest version of its flagship airplane have halted the momentum. Shares rose 36 per cent in January and February thanks to steady orders for Boeing jetliners, including its popular 737. Then came Sunday’s deadly…

via Concerns about new plane ground Boeing stock rise — Financial…

Thales will provide its Integrated Electronic Stand-by Instrument (IESI) to modernise the Esquilo/Fennec helicopter fleet of the Brazilian Army. A total of 36 helicopters will be retrofitted with the Thales system with completion expected in 2018. The first batch will be completed by 2014, whereby Thales’s IESI will be integrated into six initial helicopters by Helibras, the Brazilian subsidiary of Airbus Helicopter.The Thales IESI performs three essential back-up functions: artificial horizon, altimeter and airspeed indicator, all in a single Line Replaceable Unit (LRU). Already flying onboard Sikorsky S-76D, the Thales IESI has also been selected by Airbus Helicopters for its range of light and medium-lift helicopters including the Ecureuil family, the EC135, EC145, EC155, EC175 and their military versions, including the modernised AS 365 K2 Super Pantera. Thales’s IESI is perfectly suited for helicopter missions and performs well at low speed, low altitude and high turn rates. Resistance to High Intensity Radio Frequencies (HIRF), durability in humid, saline and high-vibration environments has been pushed to levels not previously reached by this kind of equipment. Together, these innovations ensure optimal operation in all types of circumstances and, in turn, the highest level of flight safety, reliability and low direct maintenance cost. Thales’s IESI is also able to receive and control other functions such as Automatic Flight Control System (AFCS) back up, Radio Management System (RMS) back up, depending on customer requirements. “The selection of our IESI system by the Brazilian Army underlines the perfect fit of our solution for the upgrading of helicopters. Thales’s IESI will offer the Brazilian Army the highest levels of reliability for their missions in any flight conditions.” Yves Joannic, Thales VP in charge of helicopter avionics business.

Boeing and Japan Transocean Air (JTA) finalized an order today for 12 Next-Generation 737-800 airplanes. The arrival of the new 737-800s in 2016 will mark the start of the airline's fleet renewal program. "This order is a key part of our strategy to bring the highest levels of comfort, amenity and convenience to the people of Okinawa, by continuing to operate the most reliable and fuel-efficient aircraft available today and in the future," said Manabu Sato, president of Japan Transocean Air and executive officer at Japan Airlines. The order, first announced as a commitment on March 27, is valued at $1.1 billion at list prices.  As part of the agreement, JTA will also have the flexibility to switch to the 737 MAX family of airplanes. "We are honored that JTA has chosen to maintain an all-Boeing fleet of Next-Generation 737s," said John Wojick, Senior Vice President of Global Sales, Boeing Commercial Airplanes. "The Next-Generation 737 will provide JTA with market-leading efficiency, reliability and passenger comfort, allowing JTA to continue to grow and prosper, while also allowing JTA and Boeing to build on a successful partnership for many years to come."  Based in Okinawa, Japan's southernmost major island chain, Japan Airlines Group member JTA currently operates a fleet of 737-400 airplanes on domestic routes linking Okinawa with major Japanese cities as well as other Okinawa islands. The 737-800 is the best-selling version of the highly successful Next-Generation 737 family, the most technologically advanced airplanes in the single-aisle market. The Next-Generation 737's market success has been confirmed by investors who consistently rank it as the most preferred single-aisle airplane due to its wide market base, superior performance efficiency and lowest operating costs in its class.

Boeing and Air Lease Corporation (ALC) celebrated the direct delivery of the first of 15 777-300ERs (Extended Range) from its existing order pipeline with the manufacturer. This 777-300ER, the eighth 777 in ALC's fleet, is one of two delivering to British Airways on long-term lease from the lessor. The second 777-300ER for British Airways is scheduled to deliver from Boeing in July 2014. "The operational capabilities and versatility of the 777-300ER provide significant profitability potential for our customers," said ALC Chairman and CEO Steven F. Udvar-Hazy. "With its leading economics and passenger-pleasing interior, this aircraft has maintained a broad customer base year after year and will continue to do so long into the future." Udvar-Hazy helped launch the 777-300ER in 2004, and has ordered 94 777s during his career in the industry. This includes 43 777-200ERs, eight 777-300s and 43 777-300ERs – more than any other lessor and the second most of any Boeing customer. "We are honored that the 777 has a role in ALC's success," said Bill Collins, vice president of Leasing Sales, Boeing Commercial Airplanes. "The combination of efficiency, industry-leading reliability and award-winning cabin design of the 777-300ER offers operators increased revenue and a superior passenger experience."