Tuesday, September 20, 2016

Wide Body Report - September 20, 2016

September 20, 2016

Boeing's chief executive, Dennis Muilenburg acknowledged that production of the 777 will be cut further if sales continue to lag.

Down by 12.4%, Boeing is currently the worst performing stock on the Dow in 2016.  Overall, the Dow has risen by 4.01% for the year, with 20 out of the 30 stocks that make up the Dow Jones Industrial Average up overall.

A large piece of debris found off the coast of Tanzania has been confirmed as part of Malaysia Airlines flight MH370, which disappeared in March of 2014, in what was widely considered to be a case of pilot suicide.

Aeromexico has unveiled its first Boeing 787-9 Dreamliner, fresh from the paint hangar.

American Airlines has taken delivery of its first Boeing 787-9.  The aircraft has been configured for 285 seats, including 30 business class and 21 premium economy.

Taiwan's China Airlines expects to take delivery of its first Airbus A350-900 by the end of September.

Iran has reduced the number of airplanes that it plans to buy from Airbus by six units, following delays in U.S. regulatory approvals needed to export U.S.-manufactured components for the aircraft.  The deal was expected to include a mix of new and used aircraft, including the Airbus A350 and A380.

Singapore Airlines has decided not to extend the lease on its first Airbus A380 super-jumbo jet.

No comments:

Post a Comment