Latest news with #BoeingCommercialAirplanes
Yahoo
15-05-2025
- Business
- Yahoo
Qatar Airways makes historic deal with largest 787 Dreamliner order
NORTH CHARLESTON, S.C. (WCBD) – Boeing's South Carolina facility will produce the largest order of its exclusively made 787 Dreamliner thanks to a historic deal with Qatar Airways. The deal reached Wednesday is a $96 billion agreement that will see Qatar acquire 210 American-made widebody Boeing planes – 130 787 Dreamliners and 30 777X. This order will support nearly 400,000 jobs across the US. President Donald Trump and His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, met with Boeing President and CEO Kelly Ortberg, Boeing Commercial Airplanes President and CEO Stephanie Pope, and Qatar Airways Group Chief Executive Officer Engr. Badr Mohammed Al-Meer met to confirm the agreement by signing an order. Currently, Qatar operates over 150 Boeing planes, and once the order is complete, it will become the largest 787 operator in the Middle East. 'We are deeply honored that Qatar Airways has placed this record-breaking order with Boeing, one that solidifies their future fleet with our market-leading widebody airplane family at its center,' said Stephanie Pope, president and CEO of Boeing Commercial Airplanes. 'Our team is looking forward to building 787s and 777s for Qatar Airways into the next decade as they connect more people and businesses worldwide with unmatched efficiency and comfort.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Reuters
07-05-2025
- Business
- Reuters
Boeing taps Wisk Aero CEO to head commercial airplane product development
The Boeing building is seen next to Boeing Field in Seattle, Washington, U.S., March 26, 2018. REUTERS/Lindsey Wasson/ File Photo Purchase Licensing Rights , opens new tab SEATTLE, May 7 - Boeing-owned Wisk Aero announced Wednesday that its CEO Brian Yutko is leaving to take over product development for Boeing's (BA.N) , opens new tab commercial airplanes division. In his new role, Yutko will still oversee Wisk, which is developing an autonomous air taxi, Boeing Commercial Airplanes' head of product strategy Mike Sinnett told employees in an internal memo shared with Reuters. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. "The combination of projects under one umbrella gives us more collaboration opportunities that will benefit Boeing well into the future," Sinnett said in the memo. Advertisement · Scroll to continue In Wisk's news release announcing the moves, Yutko said joining Boeing will "connect the pioneering technologies and bold spirit of innovation we've cultivated at Wisk." Prior to joining the San Francisco-based company in 2023, Yutko was a senior leader in BCA's research and development of future aircraft systems, such as autonomous air taxis. In March, Boeing CFO Brian West said at an investors conference that technology being pioneered by Wisk will be key to the future of autonomous flight and valuable to the rest of Boeing's business. "It's small, it's important, and we're staying with it." Advertisement · Scroll to continue Sebastien Vigneron is taking over as Wisk CEO. He previously was Wisk's senior vice president of engineering and programs. Ad Break Coming Up NEXT Stay Next About Connatix V581357 1/1 Skip Ad Continue watching after the ad Visit Advertiser website GO TO PAGE Reporting by Dan Catchpole in Seattle; Editing by Chizu Nomiyama Our Standards: The Thomson Reuters Trust Principles. , opens new tab Share X Facebook Linkedin Email Link Purchase Licensing Rights
Associated Press
14-03-2025
- Business
- Associated Press
JetZero Appoints Julie Felgar Head of Government Affairs
LONG BEACH, Calif., March 14, 2025 /PRNewswire/ -- JetZero has appointed Julie Felgar to the position of Head of Government Affairs, overseeing federal, state and local government relations and community affairs. Ms. Felgar brings deep expertise in aviation and aerospace policy at all levels of government, within the United States and beyond. As the former Managing Director of Environment Strategy and Integration with Boeing Commercial Airplanes, Ms. Felgar led the effort to integrate environmental goals into policy, and preparing the aviation community to adopt and support these goals throughout their businesses. Ms. Felgar brings a rich history of leadership development and marketing to JetZero, having served as a Senior Advisor with the McChrystal Group and Adjunct Professor at the University of North Carolina at Chapel Hill. 'JetZero is revolutionizing aviation with its blended wing airplane and will bring thousands of jobs and a much-needed boost in exports to the U.S. aerospace sector,' Ms. Felgar said. 'This airplane will be significantly less costly to operate, bring a vastly improved passenger experience, and reduced emissions. It is an honor to work for a company that is introducing the new paradigm in air travel through innovation in design and production.' JetZero will produce the Z4 in the United States, delivering economic growth while contributing to the U.S.'s leadership in industrialization, innovation and exports. Economic value for airlines, airports and regional economies served by the Z4 is estimated in the trillions of US dollars. JetZero's blended wing airplane will reshape aviation. With traditional tube-and-wing airplanes, the necessary lift is delivered by the wings. In JetZero's Z4 airplane, all body surfaces produce lift, requiring up to 50 percent less fuel on a per-flight basis. With the engines mounted on top of the airplane at the back, airport communities will benefit from a lower noise signature. The Z4 will offer 200-290 seats with a range of 5,000 nautical miles, the mid-market solution not being addressed by incumbent airframers today. The Z4 variants could include a tanker and transport aircraft for the U.S. and her allies to meet the security needs of tomorrow with greater range and significantly improved fuel efficiency. Cargo, tanker, and non-stealth bomber aircraft account for approximately 60 percent of the Air Force's total annual jet fuel consumption. The blended wing design would significantly increase efficiency and capability through increased range, time-on-station and fuel offload. JetZero is currently flight testing scale-model blended wing airplanes, and plans to fly its first full-scale demonstrator airplane in 2027. Accelerated design, build and test is made possible by using state of the art digital tools and the company's integration test facility at its headquarters in Long Beach, California. About JetZero JetZero, co-founded by aerospace legend Mark Page, is developing the world's first commercial blended wing body (BWB) airplane. With up to 50% lower fuel burn and carbon emissions compared to existing commercial airliners, JetZero's BWB offers the aviation industry a clear path to achieving its 2050 net-zero goals. Working alongside the US Air Force, NASA, and the FAA, and backed by decades of investment and research into blended wing technology, JetZero looks to enter commercial service in 2030.
Yahoo
26-02-2025
- Business
- Yahoo
Boeing No. 2 executive's role narrowed to focus on fixing commercial plane unit
By Dan Catchpole SEATTLE (Reuters) - Boeing commercial airplanes head Stephanie Pope will focus on the recovery of the company's crucial and challenged plane-making unit under a reorganization that ends her role as the company's chief operating officer but leaves her as the No. 2 executive. The move narrows the focus and responsibility of Pope. She already headed the unit making planes for airlines around the world and was the executive tasked with improving safety and raising airplane production following a series of accidents. Pope's role as chief operating officer ended as of Feb. 19, the company said on Tuesday. Boeing does not plan to fill the chief operating officer position, according to a person familiar with the matter who was not authorized to comment publicly. Boeing shares were barely changed in after-hours trade. Pope was appointed to the newly created role of chief operating officer in December 2023, after then-CEO David Calhoun named her as his choice to succeed him. After the mid-air blowout of a panel on a nearly new 737 MAX jet in January 2024, she was tapped to also run Boeing Commercial Airplanes. The accident put renewed focus on production quality problems in the division and contributed to Calhoun's exit from the company. In August, Kelly Ortberg became Boeing's new chief executive. Boeing's commercial airplane production has struggled through a series of crises beginning in 2019, after two fatal 737 MAX crashes revealed serious safety concerns. Historically, it has been the biggest of the company's three divisions in terms of revenue and employees. Deliveries to customers, however, have begun to pick up. Boeing delivered 45 airplanes in January, up from 30 the previous month and the most in a month for the U.S. planemaker since 2023. Avolon CEO Andy Cronin said this month the aircraft lessor, a major Boeing customer, was "really encouraged by what we are seeing" at the company after touring production facilities in Seattle in January. Sign in to access your portfolio
