Boeing arms about 1st 787 Dreamliner to China given that 2019

Boeing arms about 1st 787 Dreamliner to China given that 2019


The Boeing 787 Dreamliner sits on the tarmac at Boeing Subject in Seattle, Washington.

Robert Sorbo | Reuters

Boeing on Thursday handed above a 787 Dreamliner instantly to a Chinese airline for the initial time given that November 2019, a milestone that could open up up the chance of deliveries of the manufacturer’s cash cow, the 737 Max.

The Boeing 787-9 for privately owned Juneyao Airlines departed from outside the house of Boeing’s Everett, Washington, manufacturing unit for Shanghai, Boeing claimed Thursday. The very last new shipping of a new Boeing 787 to a Chinese airline was in 2021 as a result of a leasing corporation.

Boeing sent the aircraft as China’s pause on scores of pending deliveries of the Boeing 737 Max, the firm’s finest-offering jet, nears its fifth yr.

China grounded that jet in March 2019 in the wake of the 2nd deadly crash of the airplane in about five months, and other international locations followed. The U.S. lifted its ban in 2020 and other folks later followed go well with.

Boeing has been scrambling to maximize output and deliveries of new jets, when suppliers get the bulk of an airplane’s price.

Just more than a 3rd of Boeing’s inventory of about 250 Max planes are dedicated to Chinese airlines, according to Jefferies. Boeing had remarketed some of the other Maxes to other carriers.



Source

London IPO fundraising hits a three-decade low in another blow to the UK capital
World

London IPO fundraising hits a three-decade low in another blow to the UK capital

City of London skyline with 20 Fenchurch Street, affectionately nicknamed the Walkie Talkie, in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Fundraising from London IPOs slumped to at least a three-decade low in the first half of this year, new data showed on Friday – raising fresh questions about the fading […]

Read More
A year after its landslide win, Britain’s Labour Party is navigating a tougher-than-expected path
World

A year after its landslide win, Britain’s Labour Party is navigating a tougher-than-expected path

British Prime Minister Keir Starmer and his wife Victoria Starmer react as they greet Labour campaigners and activists at Number 10 Downing Street, following the results of the election, in London, Britain, July 5, 2024.  Toby Melville | Reuters It’s been one year since Labour returned to power in a landslide victory that appeared to show […]

Read More
Singapore monetary authority penalizes 9 banks, institutions for 2023 money laundering case
World

Singapore monetary authority penalizes 9 banks, institutions for 2023 money laundering case

Buildings in Singapore, on Monday, Feb. 17, 2025. Nicky Loh | Bloomberg | Getty Images The Monetary Authority of Singapore penalised six banks and three other financial institutions a total of S$27.45 million ($21.5 million) on Friday in relation to the country’s biggest ever money laundering scandal in 2023. The case involved more than S$3 […]

Read More