Aviation
flydubai showcases its first Boeing 737 MAX 8 at the Dubai Airshow
Sunday, November 12, 2017 — Dubai-based fly Dubai marks its fifth Dubai Airshow by unveiling its brand-new Boeing 737 MAX 8. This is the first aircraft to be delivered from the largest single-aisle Boeing aircraft order placed in the Middle East in the 2013 edition of the show.
The 737 MAX family is the fastest-selling airplane in Boeing history with about 3,950 orders from 93 customers worldwide,” said Marty Bentrott, Vice President, Sales for Boeing Commercial Airplanes, Middle East, Turkey, Russia, Central Asia and Africa. “It is tremendous to see flydubai’s MAX at the Dubai Airshow bearing the A6-MAX registration which is a very special accolade to our valued partnership with flydubai and to the MAX airplane.”
Since the beginning of 2017, flydubai has launched six new destinations and grown its network to more than 95 destinations, increased the schedule to more than 1,700 flights per week as well as rolled out its new uniform worn by more than 2,500 uniformed staff.
Aviation
Boeing to Slash 17,000 Jobs Worldwide 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.”
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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.
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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.
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