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The two executives have connections to the aerospace world, airlines, technology and corporate finance......»»

Chicago-based Boeing finished 2020 with 157 airplane deliveries, including planes handed over to cargo airlines and military customers. That was down from 380 deliveries in 2019. European rival Airbus finished the year wit.....»»

Southwest Airlines Co said on Tuesday it has agreed with Boeing Co to sharply cut its 737 MAX delivery schedule through 2021 and is reviewing its order book as the coronavirus pandemic caused its first quarterly loss in nine years......»»

Boeing Tumbles After Customers Cancel Record 150 MAX Orders In March In case stocks needed another reason to soar higher with 20% unemployment, 30% mortgage defaults, GDP about to print at -40%, cratering corporate profits, JPMorgan profit .....»»

United Airlines on Sunday night said it is cutting capacity by 50 percent for April and May and slashing corporate officer salaries in half, saying the spreading coronavirus has created "an unprecedented challenge." Cuts could extend into the peak.....»»

Shares in Boeing Co dropped more than 16% on Thursday on concerns that sweeping U.S. travel restrictions on Europe, meant to curb the spreading coronavirus, will hurt the planemaker's airline customers......»»

Even as the Boeing Co. continues to target a mid-year return for its 737 MAX, two of its primary domestic customers are pushing the return dates for their individual fleets later into 2020.  A day after Southwest Airlines (NYSE: LUV) announced it had p.....»»

American Airlines Group Inc said on Thursday it would launch its first direct U.S. flight to Bangalore from Seattle, a new route meant to meet corporate customers' demand for travel to the center of India's high-tech industry......»»

Healthy travel demand is cushioning results for American Airlines Group Inc and Southwest Airlines Co , the two said on Thursday, while warning they are losing customers as their Boeing 737 MAX jets remain parked in a global grounding......»»

Airbus must hand a record number of aircraft to customers in December to meet delivery goals, company data showed on Thursday, and is all but certain of winning an annual order race against Boeing......»»

The Boeing Co.'s plan to begin delivering its 737 MAX jets again next month could have important buy-in from at least some of its customers. If the Boeing Co. is cleared to begin delivering its 737 MAX again before the end of the year, Reuters repo.....»»

In a move that could lessen the potential of Wichita-impacting production cuts, the Boeing Co. on Monday said that it could begin delivering its 737 MAX aircraft to airline customers before the end of the year.  Boeing (NYSE: BA) said in a 737 MAX up.....»»

"The reality is this: We've already borne all sorts of damages to our customers, to our team and to our shareholders," American Airlines CEO Doug Parker says......»»

The Southwest Airlines Pilots Association says its 9,900 members have lost about $115 million due to flight cuts caused by the Max grounding......»»

When the Boeing's beleaguered 737 Max does return to service, one of its largest customers will continue forward with the Max name.  Officials from Southwest Airlines said that Southwest (NYSE: LUV) will not change the name of the aircraft.  “We.....»»

A global shortage of pilots and mechanics is preventing some Canadian aviation service companies from meeting the needs of airlines and other customers scrambling to secure replacements for grounded Boeing 737 MAX jets......»»

The air carriers want to do more for corporate customers......»»

The impact on major airline customers isn't as big as Boeing $1 billion so far, but the financial costs carriers are incurring are eye-popping nonetheless......»»

American Airlines Group Inc cut its 2019 profit forecast on Friday, saying it expected to take a $350 million hit from the grounding of Boeing's 737 MAX planes, a situation that cuts revenue while many costs remain in place......»»

American Airlines slashed its 2019 profit forecast Friday, citing a $350 million hit from the grounding of the Boeing 737 MAX and $650 million in higher fuel costs......»»