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Boeing Reports First-Quarter Results and Reaffirms 2016 Guidance

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Table 1. Summary Financial Results First Quarter (Dollars in Millions, except per share data) 2016 2015 Change Revenues $22,632 $22,149 2% Non-GAAP* Core Operating Earnings $1,694 $2,132 (21)% Core Operating Margin 7.5% 9.6% (2.1) Pts Core Earnings Per Share $1.74 $1.97 (12)% GAAP Earnings From Operations $1,788 $2,019 (11)% Operating M... Read More »

Boeing acquiring AerData to expand airplane maintenance and leasing records management capabilities

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"AerData's tools make it easier for airlines and leasing companies to manage complex maintenance records," said Stan Deal, senior vice president of Commercial Aviation Services, Boeing Commercial Airplanes. "Increasing the efficiency of records management helps streamline the process of placing airplanes and other valuable assets with operators during leasing transactions. "This is another step we're taking to help our customers be more efficient and gain a competitive edge in the market," Deal added. AerData has approximately 120 employe... Read More »

Boeing 737 MAX Surpasses 2,000 Orders

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The 737 MAX has reached 2,000 orders faster than any other Boeing airplane in history. This unprecedented demand is fueled by air traffic growth and the need for more fuel-efficient airplanes. "Two thousand orders at this stage in the program is a remarkable achievement," said Keith Leverkuhn, vice president and general manager, 737 MAX Program, Boeing Commercial Airplanes. "Since its first order, the 737 MAX has received more than 50 percent of the new orders versus its direct competition, proving the value this airplane offers to our custo... Read More »

Boeing and Xiamen Airlines to implement airplane health management solutions

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Boeing [NYSE:BA] today announced Xiamen Airlines has selected Boeing’s Airplane Health Management (AHM) system to enhance efficiency in its maintenance and engineering operations. The agreement includes implementation of AHM for the current Xiamen Airlines fleet of 94 Next-Generation 737s and six 787 Dreamliners on order. Xiamen Airlines will use AHM to collect and evaluate airplane operations data while the airplane is in flight. This real-time data is used to signal ground operations crews of any potential maintenance issues before the air... Read More »

A Garmin Pilot Testimonial: What’s your back-up plan?

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This happened to one of our customers, Rob. He was on a flight home from a football game and in his own words below, he describes how Garmin Pilot “saved” him during this particular flight: Returning from an out of state football game, and soon after takeoff, my battery stopped charging and it was only a matter of time before the voltage would start dropping. I figure at most I have 30 to 40 minutes remaining before the voltage gets to the point of the electronics powering down due to low voltage. Now, I found myself shutting everything off ... Read More »

Boeing Delivers 8,000th 737

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The 737 is the first commercial airplane in history to reach this delivery milestone. The program has a strong backlog with more than 3,700 airplanes on order, including 1,934 orders for the new 737 MAX. "The 737 program continues to innovate with new features and technology, meeting the needs of our customers now and into the future," said Beverly Wyse, vice president and general manager, 737 program, Boeing Commercial Airplanes. "Boeing has a long and treasured history with United Airlines, and we're proud they're taking delivery of this m... Read More »

Cargolux places order for additional Boeing 747-8 Freighter

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Cargolux currently operates 9 Boeing 747-8 Freighters and 11 Boeing 747-400 Freighters that are successively replaced by the newer model. The additional 747-8 Freighter is expected to be delivered in March 2015. In 2014, the airline will add LX-VCJ and LX-VCK, two of the new generation aircraft from Boeing, to its fleet. Since the delivery of the first 747-8 Freighter to launch customer Cargolux in 2011, the new aircraft type has proven to be a valuable addition to the airline’s fleet with unsurpassed economics, lower operational costs and e... Read More »

The Future of Urban Mobility

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Current business models offer alternative and new mobility solutions, such as car or bicycle sharing and new leasing mobility offerings, electric vehicles, autonomous driving, talking cars, micro mobility or integrated mobility. What future impact have key global mega trends on Urban Mobility? What are the major challenges in balancing economic needs and environmental policies? What role can innovation play or what innovation is needed? The speakers and topics are: Wim Korver, Head of Research & Development Unit, Goudappel Coffeng ... Read More »

Boeing and Sberbank announce order for 12 737-800s

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Sberbank of Russia and its wholly owned subsidiary, Sberbank Leasing, have reached an agreement on an order for 12 Next-Generation 737-800s. The airplanes are intended for operational leasing under Sberbank's contract with Transaero, one of Sberbank's key corporate customers. Valued at more than $1 billion at current list prices, the deal will help lay the groundwork for developing an environment for finance and operational leasing of imported aircraft in Russia. Sberbank will follow international standards for airplane leasing, allowing it ... Read More »

Miles & More becomes 20 and celebrates the “More”

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Europe's biggest frequent flyer programme thanks its 23 million members “Celebrating 20 Years of More” - is the motto for the jubilee celebrations marking the 20th birthday of Miles & More. With 23 million members, worldwide, more than 40 participatory airlines and over 350 partners from all sectors of business and industry, Miles & More is the biggest frequent flyer programme in Europe. In a gesture of thanks to its membership, Miles & More is inviting them to take part in the draw for exceptional and exclusive prizes as well as a... Read More »

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