logo
#

Latest news with #MAXs

Royal Air Maroc's CEO on competing beyond low-cost carriers and expanding globally
Royal Air Maroc's CEO on competing beyond low-cost carriers and expanding globally

Ya Biladi

time2 days ago

  • Business
  • Ya Biladi

Royal Air Maroc's CEO on competing beyond low-cost carriers and expanding globally

In a recent interview with CNN, the CEO of Morocco's national carrier Royal Air Maroc (RAM) highlighted the airline's strategic shift to differentiate itself from low-cost carriers and Gulf-based competitors. «We have over 40 competitors in our country, so we had to create a new model and a new market», Abdelhamid Addou said, noting that RAM's strength lies in its south-north connections between Africa and Europe. Asked about competing with giants like Ryanair and EasyJet, he said: «First, we are developing a different market, which is the African market, rather than just the point-to-point». «When you put a first step in an airline like ours, you feel the atmosphere of the country, the culture… so you have a different experience», he explained, insisting that RAM offers a «completely different» product compared to low-cost airline companies. Insightful interview of the CEO of @RAM_Maroc on @CNN, outlining the airline's bold ambitions. With growing demand for air connectivity, RAM is expanding across the South–North and South–West axes, especially in the #US and the #Americas offering passengers a unique flying… — Youssef Amrani (@youamrani) June 14, 2025 On the long-haul front, the CEO pointed to growth toward the Americas: «North America, southern America. That's where we can have a real added value, bringing diasporas together… This is our added value. We are in the centre geographically, and we can capitalise on these diasporas to transport them». He also confirmed plans to retrofit the airline's Boeing 737s with flat beds: «That will help us keep the same experience between the long haul and the short haul». Addressing global supply chain delays, he admitted: «When you have 15 to 18 months late deliveries, then you get frustrated, but we are all facing the same issue». He remained optimistic: «We just received three MAXs (Boeing 737 MAX) this week. We should receive seven other MAXs by the end of December… We want to trust our partners». For the record, RAM is reportedly preparing to place its largest aircraft order ever, purchasing around two dozen Boeing 787 Dreamliners for long-haul routes and as many as 50 Boeing 737s for short-haul operations. It is also in talks to acquire about 20 Airbus A220s for regional travel.

Boeing deliveries in March jump by 41% compared to a year earlier
Boeing deliveries in March jump by 41% compared to a year earlier

Yahoo

time08-04-2025

  • Business
  • Yahoo

Boeing deliveries in March jump by 41% compared to a year earlier

By Dan Catchpole SEATTLE (Reuters) - Boeing delivered 41 jets in March, up from 29 during the same month a year ago, the company announced Tuesday, though the figure was slightly lower than the 45 handed over in January and 44 in February. Through the first three months of the year, Boeing delivered 130 jets, including 104 of its best-selling 737 MAX. That is up from just 83 jet deliveries, including 66 MAXs, during the first quarter of 2024. Boeing's production and deliveries have been hampered in the last year by a labor strike, regulatory scrutiny and supply chain bottlenecks. An emerging trade war could further disrupt production. Key Boeing components supplier Howmet Aerospace highlighted the risk when it told customers that tariffs implemented by U.S. President Donald Trump could force it to halt some shipments. The company's European rival Airbus delivered 71 airplanes in March and 136 jets during the first three months of the year. A shortage of jet engines from GE and Safran joint venture CFM International constrained deliveries, according to Airbus. Aircraft deliveries are closely tracked by Wall Street because planemakers collect the majority of their payment when they hand over jets to customers. Years of crises and production problems have left Boeing heavily saddled with debt, and it needs to increase deliveries to bring in more cash. Boeing had its busiest month of the year so far for new orders in March, booking 163 net orders, including 192 gross orders and 29 cancellations. Of the orders, 88 were for 737 MAX aircraft, including 50 from Singapore-based leasing company BOC Aviation, 17 for Japan Airlines and 21 from unidentified customers. It also received orders for 11 777 freighters, including eight for FedEx, as well as 40 777X orders - 20 for Korean Air Lines and 20 for unidentified customers. Boeing also recorded 53 787 orders, including 20 from Korean Air and 33 from unidentified customers. Through the first three months of the year, Boeing has booked 241 new orders. Adjusted for cancellations and conversions, Boeing recorded 204 net orders, increasing its order backlog to 5,648. Sign in to access your portfolio

Boeing deliveries in March jump by 41% compared to a year earlier
Boeing deliveries in March jump by 41% compared to a year earlier

Reuters

time08-04-2025

  • Business
  • Reuters

Boeing deliveries in March jump by 41% compared to a year earlier

Summary Companies Boeing delivered 41 jets in March, up from 29 during the same period a year ago Boeing booked 163 net orders in March, including 88 for 737 MAX Boeing's Q1 deliveries total 130 jets, including 104 of 737 MAX SEATTLE, April 8 (Reuters) - Boeing (BA.N), opens new tab delivered 41 jets in March, up from 29 during the same month a year ago, the company announced Tuesday, though the figure was slightly lower than the 45 handed over in January and 44 in February. Through the first three months of the year, Boeing delivered 130 jets, including 104 of its best-selling 737 MAX. That is up from just 83 jet deliveries, including 66 MAXs, during the first quarter of 2024. Boeing's production and deliveries have been hampered in the last year by a labor strike, regulatory scrutiny and supply chain bottlenecks. An emerging trade war could further disrupt production. Key Boeing components supplier Howmet Aerospace (HWM.N), opens new tab highlighted the risk when it told customers that tariffs implemented by U.S. President Donald Trump could force it to halt some shipments. The company's European rival Airbus ( opens new tab delivered 71 airplanes in March and 136 jets during the first three months of the year. A shortage of jet engines from GE (GE.N), opens new tab and Safran ( opens new tab joint venture CFM International constrained deliveries, according to Airbus. Aircraft deliveries are closely tracked by Wall Street because planemakers collect the majority of their payment when they hand over jets to customers. Years of crises and production problems have left Boeing heavily saddled with debt, and it needs to increase deliveries to bring in more cash. Boeing had its busiest month of the year so far for new orders in March, booking 163 net orders, including 192 gross orders and 29 cancellations. Of the orders, 88 were for 737 MAX aircraft, including 50 from Singapore-based leasing company BOC Aviation ( opens new tab, 17 for Japan Airlines (9201.T), opens new tab and 21 from unidentified customers. It also received orders for 11 777 freighters, including eight for FedEx (FDX.N), opens new tab, as well as 40 777X orders - 20 for Korean Air Lines ( opens new tab and 20 for unidentified customers. Boeing also recorded 53 787 orders, including 20 from Korean Air and 33 from unidentified customers. Through the first three months of the year, Boeing has booked 241 new orders. Adjusted for cancellations and conversions, Boeing recorded 204 net orders, increasing its order backlog to 5,648.

Boeing Aims to Shut Down ‘Shadow Factories'
Boeing Aims to Shut Down ‘Shadow Factories'

Yahoo

time17-02-2025

  • Business
  • Yahoo

Boeing Aims to Shut Down ‘Shadow Factories'

Boeing admitted that its production cannot keep up with its aircraft sales. However, the aircraft manufacturer aims to restore jet production to the pre-crisis levels it achieved before deadly crashes in 2018 and 2019 and last year's midflight door plug detachment. To accomplish this, the Wall Street Journal reported that Boeing wants to empty the aircraft stored in its shadow factories. The company defines a shadow factory as a production line where mechanics and engineers fix, maintain, and update planes rather than build new ones. Most Read on IEN: Wrecks 'Frankensteined' Into Working F-35 This Small Part Could Save the Air Force Millions Toyota's Best-Selling Trucks Have a Mud Problem PODCAST: Battery Plant Abandoned; H.B. Cuts 72 Facilities; Frankenstein F-35 Boeing uses shadow factories in Moses Lake and Everett, Washington, to work on its 737 MAXs and 787 Dreamliners, respectively. A year ago, the company estimated that it housed approximately 225 jets in shadow factories. It claims that number dropped to 115 by 2025. The MAXs are reportedly mostly from the global grounding that followed the crashes. The 787s are awaiting checks to confirm that the aircraft parts receive proper assembly after concerns regarding the production process. According to the Wall Street Journal, the shadow factories often demand Boeing's most seasoned workers. Additionally, reworks and inspections can sometimes take longer than the initial production. This desire to clear out the shadow factories comes after Boeing posted a 14% decline in full-year revenue from 2023. The company also stated that its total backlog increased to $521 billion, including more than 5,500 commercial aircraft, attributed to slowed production and a nearly two-month machinist strike. The Wall Street Journal reported that CEO Kelly Ortberg hopes to reach a monthly production rate of 38 737 MAXs and shut down the shadow facilities by midyear. Early analyst estimates indicate that the company made 20 of the aircraft in January. As for its customers, Southwest Airlines CEO Bob Jordan reportedly acknowledged progress at Boeing but noted that his company does not expect to receive the amount of jets originally promised for 2025. Click here to subscribe to our daily newsletter featuring breaking manufacturing industry news. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store