Air India grounds Boeing jet
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Its passenger jet is attracting customers in South East Asia where demand for affordable aircraft is growing.
Feb 2 (Reuters) - GE Aerospace said on Monday it is analyzing a potential durability issue with the GE9X engine that powers Boeing's 777X. Company officials cautioned that it was too early to draw conclusions about how significant the issue is.
Dig deeper into the report, and you'll see great promise for this company's longer-term future revenue growth.
Though Boeing has regained some powers in recent months, the comments illustrate how the company continues to face US regulatory scrutiny.
Boeing is also supporting similar F-15 modernization efforts for another United States ally in Asia, Japan. The company received a $450.5 million contract from the U.S. Air Force in December 2024 for F-15 command and control capabilities to the Japan Air Self-Defense Force.
The seal issue comes as Boeing ( BA) remains under close watch from customers and investors while it completes flight testing with U.S. regulators. The aircraft, designed as a twin-engine successor to the 747, is now slated for first deliveries in 2027.
The Defense Department approved a $2.8 billion, 11-year hybrid contract with Boeing to modify F-15K Slam Eagle fighters for the South Korean air force.
By Dan Catchpole and Nathan Gomes SEATTLE, Jan 27 (Reuters) - Boeing swung to a fourth-quarter profit on Tuesday, driven by the sale of its digital aviation services provider, as well as rising jet output and stronger deliveries.
Boeing just announced the end of years of deep financial losses, a turnaround for a company after nearly seven years of bad news.