Boeing

    • Up to 50 Boeing planes grounded globally over cracks

      Up to 50 Boeing planes grounded globally over cracks

      Boeing announced Thursday up to 50 of its popular 737NG planes had been grounded after cracks in them were detected, in another blow to the US aircraft maker following two deadly crashes. The announcement comes after Australian national carrier Qantas became the latest airline to take one of the planes out of the air, as it said it would urgently inspect 32 others.

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    • WTO formally backs US tariffs on EU goods

      WTO formally backs US tariffs on EU goods

      The World Trade Organisation (WTO) formally ruled on Monday that the United States is free to take countermeasures against the European Union and Airbus-producing countries Britain, France, Germany, and Spain. This way the President Donald Trump administration no longer faces any legal obstacles for its set of previously scheduled sanctions on billions of dollars of European products that could now take effect on Friday.

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    • Airbus CEO warns of aviation trade war danger

      Airbus CEO warns of aviation trade war danger

      An escalating battle over aircraft subsidies between the US and the European Union threatens to damage both sides, said Airbus SE Chief Executive Officer Guillaume Faury. He will thus continue to advocate for a settlement between the two sides before the imposition of tariffs becomes a "lose-lose game" for both of them.

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    • Boeing loses $6bn order to Airbus

      Boeing loses $6bn order to Airbus

      Saudi Arabia’s flyadeal is terminating a prior order for Boeing’s 737 Max jet and is switching to European rival Airbus, in what is seen as the latest blow to the American manufacturer as it seeks to return the beleaguered fleet to flight after two fatal crashes. The budget airline, which in December said it would purchase 50 Max jets, announced on Monday that it will instead purchase 50 Airbus A320neo narrow-body jets, a direct rival to Boeing’s update to the popular 737 airliner.

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    • Airbus outruns Boeing at the Paris Air Show

      Airbus outruns Boeing at the Paris Air Show

      The bi-annual Paris Air Show opened last Monday with Airbus unveiling a new jet and announcing orders for over 100 new planes, while its biggest rival, Boeing, was in retreat as it has to further defend itself over he 737 Max failure, news wires reported. Airbus' new single-aisle aircraft, A321XLR, will have a longer range than other variants of its popular A321neo, and will enter service in 2023.

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    • Rolls-Royce agrees to EU inspection

      Rolls-Royce agrees to EU inspection

      Rolls-Royce Holdings PLC announced today that it has agreed to an inspection regime with European regulators seeking to confirm the condition of its Trent 1000 TEN fleet over the next few months. The British aircraft-engine maker said this is part of its work to respond to issues on its Trent 1000 TEN engines, the company's newest version used on Boeing 787-10 Dreamliners, in which earlier than anticipated blade deterioration has been identified.

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    • US warns of new tariffs on EU goods

      US warns of new tariffs on EU goods

      The United States is threatening to slap tariffs on billions of dollars' worth of imports from Europe, in retaliation for what it calls unfair subsidies of Airbus jets. The proposed tariffs would cover not only aircraft but also wine, cheese, woolen suits, Swiss knives and other signature European products. The proposed levies were announced by President Donald Trump, who argued on Twitter that the EU has "taken advantage of the US on trade for many years" and is now time for a change.

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    • Airlines ground Boeing 737 MAX 8 planes as safety precaution

      Airlines ground Boeing 737 MAX 8 planes as safety precaution

      Ethiopia, China and Indonesia have grounded their Boeing 737 MAX 8 fleets on Monday, a day following the disaster that killed 157 people on the board of an Ethiopian Airlines plane, news wires reported. It was the second tragedy involving the same Boeing model in just over four months, after a crash in Indonesia in late October.

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