Boeing’s plans to increase production and unwind stored inventory on its two largest commercial programs, the 737 MAX and 787, hinge largely on regulatory approvals that the company is confident are coming, but the timing of needed sign-offs remains unclear.
Icelandair is seeking to secure leasing contracts for two more Boeing 737-MAX aircraft, its COO said, as the airline looks forward to a recovery in demand driven by the relaxation of U.S. border restrictions.
Boeing booked 17 widebody orders from unidentified customers among its 53 gross additions in August, including seven for 787-9s, providing a boost during a largely anemic time for long-haul passenger demand.
In an order dated Aug. 26, India’s Directorate General of Civil Aviation (DGCA) rescinded its prohibition on Indian airlines operating MAX aircraft with immediate effect.
Boeing booked 14 net orders in July and delivered 22 737 MAXs, keeping momentum going in two key areas—positive monthly transactions and clearing out its backlog of undelivered narrowbodies.
LATAM Airlines Group is the latest operator in Latin America working to strike a fleet balance and has asked the bankruptcy court overseeing its restructuring to approve the purchase of 28 new Airbus narrowbodies.
DAE CEO Firoz Tarapore said that since early May the company had seen “a very robust trading environment;” he also commented on the huge merger between rivals AerCap and GECAS.
Despite facing lingering headwinds from the COVID-19 pandemic, Copa Airlines has opted to keep six Boeing 737-700s, and is in talks with Boeing about advancing some 737-9 deliveries.
The FAA is ordering restrictions for Boeing 737 MAX and some 737 Next Generation models that would prohibit carrying freight in the aft cargo compartment if certain systems not critical for flight are malfunctioning.
The era of Asian LCCs outdoing each other with massive narrowbody orders is probably over for the foreseeable future, as digesting their current backlogs will be enough of a challenge.
Icelandair said that better-than-expected Boeing 737 MAX technical reliability is the catalyst behind a new initiative to review its long-term fleet strategy, which will begin at summer’s end.
Boeing’s fifth straight month of positive net orders and several delivery-data bright spots were offset by flydubai’s cancellation of 65 737 MAXs and news of more 787 production-quality issues.