Aviation

Boeing to showcase these aircraft at Singapore Airshow 2024

Singapore Airshow 2024: Sustainable Fuel and Initiatives by Airbus &Boeing

At the upcoming Singapore Airshow in 2024, Boeing will showcase its commercial products, defense capabilities, and services. Leaders of the companies will also talk about how they are helping the commercial aviation industry reach its 2050 net-zero emissions target.

Boeing will offer these events during the airshow:

Boeing Commercial Airplanes

An immersive display of the 777X cabin experience highlighting its spacious and flexible architecture will be available.

Boeing Defense, Space & Security

The F-15EX simulator will let visitors experience the next-generation multi-role fighter’s state-of-the-art design and cockpit.
Defense customers will display several Boeing aircraft including the F-15, P-8A Poseidon, AH-64E apachehelicopter, CH-47F Chinook, and C-17 Globemaster III. A B-52 will participate in the flying display.

Boeing Global Services

Boeing will showcase services for government and commercial customers including digital, sustainment, modifications, parts and training solutions.

Advanced Air Mobility

Boeing subsidiary Wisk will speak about their eVTOL (electric vertical takeoff and landing) solution, which is the world’s first all-electric, autonomous, four-seat air taxi.

Boeing is set to showcase its Cascade Climate Impact Model, a data-modeling instrument that offers practical perspectives on various approaches to reduce emissions and facilitate the aviation sector’s decarbonization by 2050.
The company will also talk about how it collaborates locally and advocates for policies to accelerate the production of sustainable aviation fuel globally.

To engage and inspire the upcoming generation of aerospace engineers and leaders, Boeing is taking part in the AeroCampus at the Singapore Airshow.
Boeing is showcasing four businesses in which it has invested as part of its ongoing dedication to aerospace innovation.

Aviation

Boeing to Slash 17,000 Jobs Worldwide Amid Ongoing Factory Strike

Boeing to Slash 17,000 Jobs Amid Ongoing Factory Strike

Boeing, one of the world’s largest aerospace manufacturers, is facing a severe crisis. The company announced on Friday that it will lay off 17,000 employees—roughly 10% of its workforce.

This decision comes amid a prolonged strike, production delays, and ongoing safety concerns with its aircraft. Kelly Ortberg, Boeing’s CEO since August, delivered the news, stating, “Our business is in a difficult position, and it is hard to overstate the challenges we face together.

Beyond navigating our current environment, restoring our company requires tough decisions, and we will have to make structural changes to ensure we can stay competitive and deliver for our customers over the long term.”

Qatar Airways Introduces Avios Earning & Redemption for Private Jet Flights

Boeing has been struggling financially, with the last reported profit in 2018. The company’s largest union, with 33,000 members, has been on strike for nearly a month after rejecting a labor deal. The ongoing walkout is reportedly costing Boeing around a billion dollars each month as negotiations remain at a standstill.

Compounding these issues, Boeing’s much-anticipated boeing 777x wide-body plane is now six years behind schedule, with deliveries postponed until 2026. This follows the discovery of structural damage during flight tests. Boeing also announced it will stop manufacturing its commercial 767 freighters after fulfilling its remaining orders by 2027.

Financially, the company expects to report a significant third-quarter loss—nearly $10 per share—and a total cash outflow of $1.3 billion. boeing new aircraft commercial airplane unit faces a $3 billion pretax charge, while its defense business will absorb an additional $2 billion hit.

Embraer’s E-Freighter is Certified by the FAA

The strike has severely impacted production at key boeing facilities, particularly in Seattle, where half of the company’s nearly 150,000 employees work. Since 2019, Boeing has lost approximately $25 billion.

Ortberg was brought in over the summer to help the company regain public trust following safety concerns, especially surrounding the 737 Max line, which was involved in two deadly crashes. Earlier this year, a separate incident involving a panel popping off a 737 Max mid-flight reignited concerns. A Federal Aviation Administration investigation following the event found that Boeing had failed 33 out of 89 product audits.