Korean Air has entered into a strategic partnership with Boeing for enhanced collaboration in predictive maintenance. The agreement was signed at the MRO Asia-Pacific 2025 Conference in Singapore. The initiative builds on Korean Air’s established leadership in the field. The airline formed a dedicated Predictive Maintenance Team in August 2023 and currently utilises its own in-house developed operational solution, providing a robust foundation for the collaboration. The partnership will focus … [Read more...] about Korean Air and Boeing to strengthen predictive maintenance collaboration
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AIR ONE International Holdings takes delivery of first new Boeing 777 freighter, with second aircraft due by the end of the year
AIR ONE International Holdings has taken delivery of its first Boeing 777 Freighter following a handover ceremony at Boeing’s Everett production facility in Washington. The production freighter is the first of two new 777Fs purchased by AeroTransCargo FZE, the aviation asset management company and subsidiary of AIR ONE International Holdings. The second aircraft is due to be delivered in Q4 2025. The first 777F will be placed on an operating lease with British cargo airline, One Air, an … [Read more...] about AIR ONE International Holdings takes delivery of first new Boeing 777 freighter, with second aircraft due by the end of the year
Korean Air to purchase 103 Boeing aircraft plus GE engines totaling KRW 70 trillion
Korean Air announced its intent to purchase 103 next-generation aircraft from Boeing, 19 spare engines from GE Aerospace and CFM International, and a comprehensive engine maintenance program with GE Aerospace on August 25. The total investment is valued at approximately USD 50 billion (KRW 70 trillion): USD 36.2 billion (KRW 50 trillion) for Boeing aircraft, USD 690 million (KRW 1 trillion) for 19 spare engines and an additional USD 13 billion (KRW 18.2 trillion) for the 20-year engine … [Read more...] about Korean Air to purchase 103 Boeing aircraft plus GE engines totaling KRW 70 trillion
Boeing announces Chief Financial Officer transition plan
Boeing announced a transition in its chief financial officer role. Brian West will become a senior advisor to Boeing President and CEO Kelly Ortberg, and Jesus "Jay" Malave has been elected as incoming executive vice president and chief financial officer. Both roles are effective August 15. West, who served as Boeing CFO for the last four years, will continue working with the company in an advisory capacity, including assisting in the upcoming CFO leadership transition. "I want to … [Read more...] about Boeing announces Chief Financial Officer transition plan
Boeing appoints Dana Deasy as Chief Information Officer
Boeing announced Dana Deasy as the company's new chief information digital officer and senior vice president, Information Technology & Data Analytics. Elected to the role effective Dec. 31, 2024, Deasy will oversee all aspects of information technology, information security, and data and analytics. He will report to Boeing President and CEO Kelly Ortberg and serve on the company's Executive Council. "Dana is a well-respected, global technology leader who has a track record of … [Read more...] about Boeing appoints Dana Deasy as Chief Information Officer
Boeing: Air cargo traffic to double by 2043 as emerging markets drive growth
With a strong air cargo market exceeding pre-pandemic levels, Boeing forecasts continued long-term growth, saying air cargo traffic will increase by an average of 4% per year through 2043. These projections appear in Boeing's 2024 World Air Cargo Forecast (WACF), the biennial overview and long-term outlook for the air cargo industry. "As the quickest and most reliable way to move goods, air cargo's sustained growth has returned the industry to its long-term trend," said Darren Hulst, Boeing … [Read more...] about Boeing: Air cargo traffic to double by 2043 as emerging markets drive growth
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