The jumbo jet, for many years the workhorse of modern air travel, could be close to running out of runway. Last year, there were zero orders placed by commercial airlines for new Boeing 747s or Airbus A380s, reflecting a fundamental shift in the industry toward smaller, twin-engine planes. Smaller planes cost less to fly than the stately, four-engine jumbos, which can carry as many as 525 passengers.
Tags: Boeing
Airbus steals show with last-minute $14 billion Wizz deal
Airbus (AIR.PA) won the Paris Airshow with a last-minute $14 billion deal to sell 110 jets to Hungary's Wizz Air on Thursday, diverting attention from a growing industry debate over how quickly a record backlog of jet orders can be built.
Boeing gets 747 boost as Russian firm signs up for more freighters
Boeing (BA.N) won breathing space for its struggling jumbo jet on Wednesday with a preliminary deal for 20 of its 747-8 freighters from Russian cargo airline Volga-Dnepr Group.
Boeing predicts both strong air traffic and plane sales this year
Boeing Co (BA.N) said it expects airline passenger traffic to rise more than 6 percent in 2015, possibly close to 6.5 percent, above its long-range forecast of about 5 percent.
Troubled Malaysia Airlines to be completely revamped: new CEO
Loss-making Malaysia Airlines is set to undergo a complete overhaul as it is restructured into a new company, with a rebranding that will be unveiled next week and changes planned to its fleet and network strategies.
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Airbus (AIR.PA) plans to offer airlines more choice in the way they configure their planes, and sees carriers opting for different levels of comfort within their economy cabins, a senior Airbus executive said on Wednesday.
U.S. planemaker Boeing (BA.N) beat European rival Airbus (AIR.PA) in net new orders and deliveries in the first quarter, according to figures released on Tuesday.
Boeing Co (BA.N) has started using a new automated system to build wing panels for 737 jetliners, an important step in preparing to hit record production speeds while introducing new models of the popular plane.
European planemaker Airbus is talking to suppliers about the possibility of raising production of its A320 family of aircraft to 50 jets a month as early as 2017, narrowing a gap with rival Boeing (BA.N), a senior industry source said on Tuesday.
Boeing Co (BA.N) said on Wednesday it is not studying resurrecting its out-of-production 757 jetliner with new engines to plug a gap in its jetliner lineup between its largest single-aisle plane and its smallest widebody models.
United Continental Holdings Inc (UAL.N) said on Tuesday it is considering whether to exchange aircraft orders it has placed with Boeing Co (BA.N) for larger 777-300ER jetliners, also made by the Chicago-based planemaker.
When the Airbus (AIR.PA) A350 jet made its commercial debut with Qatar Airways this week, the event marked a milestone for engine supplier Rolls-Royce (RR.L), but slipping unnoticed under the radar with financing was its arch-rival General Electric (GE.N).
Boeing Co (BA.N) said on Tuesday that it sees no business case for offering an extended-range version of its largest 737 jet, the forthcoming 737 MAX 9, to compete with a long-range plane that rival Airbus (AIR.PA) launched on Tuesday.
Airbus edged closer toward raising production of its best-selling model on Tuesday, declaring the supply chain stable and hinting at a decision to produce more of its A320 cash cow in coming months.
