Boeing ryanair

U.S. plane maker Boeing ( BA ) said on Tuesday, June 15, that it delivered 35 jets last month amid ongoing supply chain disruptions stifling production of its flagship 737 MAX jet. Key Takeaways Boeing said that it delivered 35 jets last month, more than double the deliveries it made in May 2021. The plane maker booked 23 gross orders in May compared with 73 in same month last year. Boeing has delivered 72 fewer jets than Airbus this year through the end of May. Increased plane handovers could generate additional cash for Boeing and indicate some of the company's challenges are easing. Plane deliveries in May remained steady on a sequential basis but more than doubled year-over-year (YOY) compared with the 17 Boeing made in May 2021. Meanwhile, the company booked 23 gross orders last month compared with 73 last May. CEO Dave Calhoun told investors at a Bernstein investor conference earlier this month that he expects the company to bolster production … [Read more...] about Boeing (BA) Deliveries Remain Steady in May

Weeks after many large U.S. employers and their workers began a new hybrid work model, the results so far are messy. Executives who said they’re excited to join their colleagues again in person aren’t showing up.  And some employees say they’d rather quit than work in the office. advertisement advertisement It turns out the flexibility the pandemic forced employers to give workers—like the freedom to work from home and more control over their schedules—may be just what employees needed to be more productive and create a better, healthier life. While this flexible, more person-centered approach is new for many, it’s exactly what people with disabilities have been fighting for long before we first heard of COVID-19. Right now, a lot of people may be rethinking and reshaping work life to include an office setting that doesn’t feel right anymore. That experience is something very familiar to millions of people with disabilities.  Before the … [Read more...] about COVID showed us how to create work that finally includes people with disabilities

Air India (Representative image) Air India is clearly reorganising itself under the ”able stewardship” of the Tata Group and wants to invest in new planes to regain international passenger market share, the Chief Commercial Officer of Airbus said here on Sunday. Speaking to reporters on the sidelines of the annual general meeting of the International Air Transport Association (IATA) held here, Christian Scherer was asked whether Air India had finalised the A350 aircraft order with Airbus. ”I will not comment on that,” the Chief Commercial Officer of the European Aerospace company said in response. His remarks came after it was reported last week that the Tata Group-owned Air India has decided to procure its maiden batch of wide-bodied A350 aircraft from Airbus and the first plane is likely to be delivered to the airline by March 2023. However, it was not immediately clear how many A350 aircraft will be purchased by Air India. ”Air India is clearly reorganising itself … [Read more...] about Air India reorganising itself under Tatas; won’t comment on A350 aircraft order: Airbus CCO

Share to Twitter Share to Linkedin This week’s jaw dropping announcement by Crystal Cruises that in one fell swoop it is expanding into river cruising, offering a yacht product, operating its own private jet tours and selling 144 multi-million dollar residences aboard three new build cruise ships was part of a vision President and CEO Edie Rodriguez had in mind when she joined the line in October 2013. However, it wasn’t until this May, when the company was acquired by Genting Hong Kong , the dream began to take hold. She tells Forbes.com, more significant initiatives will be unveiled in the next six months. For industry observers, joining Crystal may have seemed a surprising move for Rodriguez, even if it was for the top job. A 34-year industry veteran, who started as a travel agent, she served in senior leadership positions at Carnival Corporation’s Carnival Cruise Lines, Cunard and Seabourn, as well as most recently senior vice president of sales and … [Read more...] about How Crystal Cruises Pulled Off Its Massive Expansion

Share to Twitter Share to Linkedin Sometimes, it takes a bit of luck. Should the S.S. United States sail again, it will only be because all the stars aligned. Today’s announcement that Crystal Cruises has signed an exclusive purchase option agreement for the vessel was a convergence of twists and turns decades in the making. It started when Edie Rodriguez, the Crystal CEO moved to Miami from New York in the 1980s and was struck by how the beautiful art deco buildings of South Beach had fallen into disrepair and was tormented as many fell victim to the wrecking ball before the area was reinvigorated into one of the world’s hottest and trendiest luxury destinations. Later when she was working for Cunard Line on its launch of the Queen Mary 2, she was charged with digging into the company’s storied transatlantic history. As she read about the original Queen Mary (now a hotel in Long Beach, California and its sister the Queen Elizabeth). she kept coming upon another … [Read more...] about The Inside Story Behind Crystal Cruises’ Plan To Save Iconic Ocean Liner SS United States

Share to Twitter Share to Linkedin She has had three owners, but isn’t off the assembly line. If you have $150 million, you can secure a Boeing 787-8 for your favorite dad in time for Father's Day. And while you may say coming up with that much money isn’t easy, you might be surprised that securing the November delivery date of the advanced technology jetliner, with FAA-approved interior design plans, might be even more difficult, meaning you are really scoring dad something unique. In this case, the plane, or I should say delivery slot for the plane, was originally ordered by Royal Air Maroc, then sold to Air Austral, before being acquired by Crystal Cruises as part of their plan to launch private jet vacations. When the current owner decided that its business plan made more sense with 100 seats that convert to lie-flat beds instead of the 60 that would fit into a 787, it switched to the larger Boeing 777LRs. Hence, this delivery slot is now on the market. … [Read more...] about The $150 Million Father’s Day Gift (Hint: It’s Bigger Than A Bread Box)

Share to Twitter Share to Linkedin The statistics actually look a little bit frightening. More people are traveling than in a long time-at the same time as more and more flights are being cancelled across the U.S., the U.K. and Europe. Despite that, and the heatwaves, and the rising cost of a ticket, it might actually be a good time to travel. Because of the exchange rate. As Europe travel restrictions loosen in June for nearly all major EU destinations, flights are up 290% year-over-year, as reported by TripIt from Concur , with the top destinations including London, Paris, Barcelona and Rome. Greece, for instance, has seen an 884% increase in flight arrivals in April compared to the same month the year before and Bulgaria is expecting 6 million tourists this summer. But the disruption is only just beginning. The Guardian reported that the confluence of Father’s Day and Juneteenth, in addition to a season of “revenge travel” has led to chaos … [Read more...] about A Good Time For Europe Travel? Heatwaves, Strikes, Cancellations— But Fewer Costs, Restrictions

- A + A LONDON (June 23): Britain's economy is showing signs of stalling as high inflation hits new orders and businesses report levels of concern that normally signal a recession, a closely watched industry survey showed on Thursday. S&P Global's Purchasing Managers' Index (PMI), covering services and manufacturing firms, also showed companies raising pay and passing higher costs on to clients, a worry for the Bank of England. The PMI's preliminary composite index held at 53.1 in June, above the median forecast of 52.6 in a Reuters poll of economists and unchanged from May. But the PMI's measure of new orders effectively stagnated as it fell to 50.8, the lowest in over a year. Factory orders dipped below the 50.0 growth threshold to 49.6. "The economy is starting to look like it is running on empty," Chris Williamson, chief business economist at S&P Global Market Intelligence, said. "Business confidence has now slumped to a level which has in the past … [Read more...] about UK economy ‘running on empty’ as recession signals mount — PMI

- A + A KUALA LUMPUR (June 23): Malaysia Airlines Bhd (MAB) is sticking to its internal timeline of hiving off either all or part of its six A380-800 super jumbos by the end of this year, said its managing director and group chief executive officer Captain Izham Ismail. “We are in conversation with a few interested parties. Our internal target is to dispose of the aircraft by the end of this year,” he told the Malaysian media on the sidelines of the 78th International Air Transport Association's Annual General Meeting and World Air Transport Summit in Doha, Qatar on Tuesday (June 21). “It depends on the deal. We don’t know yet,” he said on whether the national carrier expects to sell all six A380s. “But the A380s are no longer in our network plans anymore. The aircraft have been placed in long-term parking,” he said. "If you look at future aircraft technologies, it is all about twin-engine and long-range. If you want to be competitive, you cannot put an A380 in … [Read more...] about Malaysia Airlines sticks to end-2022 timeline to sell its A380 fleet

Share to Twitter Share to Linkedin David Koch, the former executive vice president of Koch Industries, and a one-time vice presidential candidate, has died.  He was 79 years old. The cause of death was not disclosed, but Koch had been battling prostate cancer for nearly three decades. Koch was one of the world’s richest people, worth $42.5 billion , according to Forbes , largely due to his stake in Koch Industries, one of the largest private companies in the U.S. with more than $110 billion in revenues. A lightning rod, Koch left his mark in business, philanthropy and politics. Born in Wichita, Kansas in May 1940 to Fred and Mary Koch, David was the third of four brothers. Older brother Charles Koch has been the CEO and chairman of Koch Industries since 1967, while his twin brother Bill Koch runs commodities company Oxbow Corp., which he founded after leaving the family business in 1983. In 1970, David joined Koch Industries — cofounded by his … [Read more...] about David Koch, One Of America’s Richest And Most Polarizing Figures, Dies At 79