Kenya Airways resumes Nairobi – New Delhi cargo flights

KENYA – National carrier Kenya Airways (KQ), freight division KQ Cargo, has announced the resumption of its cargo services to New Delhi. The first cargo flight to resume from New Delhi landed at Jomo Kenyatta International Airport (JKIA) in Nairobi, on 21st February 2021, carrying pharmaceuticals, machinery, and general merchandise from New Delhi. The weekly service will also serve to support Kenya’s and intra-African export market and provide a welcome lifeline to many local businesses reliant on overseas markets. Dick Murianki Kenya Airways Cargo Director said that KQ Cargo has…

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DHL Express orders 8 more Boeing B777Fs, to be delivered by 2022

WORLD – DHL Express has placed an order for an additional eight new B777 freighters, an in investment that marks a further step in DHL Express’ expansion of its intercontinental air network to meet customer demand in fast growing international express shipping markets.  First deliveries are scheduled for 2022. “Although the current health crisis has pushed pause on several areas of life, global trade did not stand still,” said John Pearson, CEO at DHL Express. “Fuelled by globalisation, digitalisation and the unprecedented demand of our customers during the recent peak…

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Airbus, Quebec join forces in bid to buy out Bombardier’s A220 stake

FRANCE– Airbus has teamed up with the Quebec government to buy Bombardier’s 33.5% stake in the A220 passenger jet program. The deal completes Bombardier’s exit from civil aviation and boosting Airbus’s position in a new battleground with Boeing. Montreal-based Bombardier first ceded control of the A220 program to Airbus in 2018 for a token as part of broader efforts to improve its finances. Under the terms of the deal, Airbus’s stake in the A220 program – known as Airbus Canada – increases to 75% from 50.1%, while Quebec’s holding rises…

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Boeing posts first annual loss in two decades as 737Max costs rise and sales plummet

UNITED STATES – Boeing Co, an Icon of American manufacturing has reported its first annual loss since 1997 as 737 MAX costs doubled to nearly $19 billion. Boeing’s core operating loss was $2.53 billion, or $2.33 per share, compared with a profit of $3.87 billion, or $5.48 per share, a year earlier. Boeing also reported negative free cash flow of $2.67 billion for the fourth quarter ended Dec. 31, compared with a positive free cash flow of $2.45 billion a year earlier. Analysts on average expected Boeing to post earnings…

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Brazil gives greenlight to Boeing, Embrear strategic partnership deal

BRAZIL – Boeing and Embraer have secured unconditional approval from the Administrative Council for Economic Defense’s (CADE) General-Superintendence (SG) in Brazil for their strategic partnership. Under this partnership, the two companies have planned to embark on two joint ventures, namely Boeing Embraer-Defense and Boeing Brasil-Commercial. The Boeing Embraer-Defense joint venture will focus on developing new markets for the C-390 Millennium multi-mission airlift and air mobility aircraft. Embraer will own 51% controlling stake in  the JV with US aircraft manufacturer will be the custodian of  the remaining 49%. The Boeing Brasil–Commercial…

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Boeing’s 737 crisis deepens as production stops for first time in two decades

UNITED STATES – Leading aerospace manufacturer, Boeing Co has said it would suspend production of its best-selling 737 MAX jetliner in January 2020. The move to stop production, is the company’s biggest assembly-line halt in more than 20 years, as fallout from two fatal crashes of the now-grounded aircraft drags into 2020. A spokesman said that the aerospace giant would however continue production of a military derivative of the 737, the P-8 maritime surveillance jet. Boeing, which builds the 737 aircraft series in south of Seattle, said it would not…

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Boeing reorganizes its board amid prolonged 737 MAX crisis

USA – America’s Aircraft Manufacturer Boeing Co has in October this year, restructured its board, stripping chief executive Dennis Muilenburg of his chairmanship title. The moves by the U.S plane maker comes as an unexpected strategy shift announced only hours after a global aviation panel criticized development of the troubled 737 MAX and is the latest step the board has taken in recent weeks to improve executive oversight of its engineering ranks and industrial operations. Boeing said in a statement that Separating the role of Chairman and CEO which will…

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Phase-out of Airbus, Boeing jets depresses plane parts maker FACC’s operating profits

AUSTRIA – Austria based plane parts maker FACC’s operating profit fell 6% in the second quarter as it produced fewer components for the Airbus A380 and Boeing 737NG jets currently being phased out. Chinese-owned FACC which makes components for wings, tail assemblies and fuselages as well as engines and cabin interiors for all major plane makers also attributed its depressed profits to the start-up costs for new cabin interiors bit. The year 2019 has So far been a slow for the commercial aerospace industry, beset by negative headlines on safety…

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Aircraft manufacturer Boeing partners with Porsche on developing electric flying car

USA – U.S based aircraft manufacturer Boeing Co has said that it was working with Porsche, a Volkswagen’s sports car brand, to develop a concept electric flying vehicle capable of transporting people in urban settings. Boeing is already in a stiff competing with Europe based arch-rival Airbus SE and other companies in a race to introduce small self-flying vehicles capable of vertical take-off and landing. Earlier this year, the aircraft manufacturer conducted an inaugural test flight of an aerial car prototype that could accommodate two to four passengers and fly…

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Nigeria’s Dana Air acquires new Boeing aircraft to replace aged MD83 aircraft.

NIGERIA – Dana Air, one of the leading domestic carriers in Nigeria has received its first Boeing 737-300 aircraft.   The new aircraft with registration number 5N-DNA was delivered to the airline from Italy. According to Punchline, a Nigerian daily, the aircraft was received with water cannon showers, from staff of the firefighters of the Federal Airport Authority Nigeria on its arrival at the Murtala Muhammed Airport Terminal 2. Obi Mbanuzor, the Chief Operating Officer and Accountable Manager of the airline, said that the new Boeing aircraft was purchased in…

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