Boeing lifts industry demand forecast as air show deals roll on

Boeing (BA) Reports Agreement with Novus Aviation Capital for Up to Four 777-300ERs Valued at Approx. $1.44B

Boeing (NYSE: BA) and Dubai-based aircraft lessor, Novus Aviation Capital, announced its first direct agreement with Boeing for up to four 777-300ERs (Extended Range) at the 2018 Farnborough International Airshow.

The commitment carries a list-price value of $1.44 billion and will be reflected on Boeing's Orders and Deliveries website once it is finalized.

"We are delighted to complete a new milestone in our investment strategy and our... More

Boeing (BA) Subsidiary Tapestry Solutions Secures Contract from U.S. Air Force to Modernize Maintenance for its F-16 Fighter Jets

Tapestry Solutions, a subsidiary of Boeing (NYSE: BA announced it has received a Foreign Military Sales (FMS) contract from the U.S. Air Force to provide an Integrated Maintenance System (IMS) for Romanian Air Force's (RoAF) fleet of F-16 fighter aircraft. The FMS contract calls for the integration of Tapestry's GOLDesp Maintenance, Repair and Overhaul (MRO) software, which will modernize maintenance, logistics and supply operations for the fleet.

"We are pleased to provide RoAF with a fully integrated maintenance and supply solution that will maximize readiness rates and reduce... More

Boeing (BA) Announces Thirthy-Five 737-800 Converted Freighters Order from GE Capital Aviation Services

Boeing (NYSE: BA) and GE Capital Aviation Services (GECAS) announced today that they have reached an agreement for 35 additional 737-800 Boeing Converted Freighters at the 2018 Farnborough International Airshow.

The deal, which includes 20 firm orders and an option for 15 more, would take GECAS' 737-800BCF order book from 15 to 50 and enable GECAS to serve the growing express air cargo market.

"This order and future commitment with Boeing reflects the confidence GECAS has in the 737-800BCF to replace and grow the narrow... More

Boeing (BA) Announces Twenty 737 MAX 8 Airplanes Order from Aviation Capital Group Valued at Approx. $2.34B

Boeing (NYSE: BA) and Aviation Capital Group (ACG) today announced an order for 20 737 MAX 8 airplanes at the 2018 Farnborough International Airshow. The order, valued at $2.34 billion at list prices, raises ACG's 737 MAX direct-buy order quantity to 100.

"The 737 MAX is core to our strategic growth plans, as the airplane continues to command strong interest in the marketplace," said Khanh T. Tran, CEO of ACG. "This order expands our diverse portfolio, which includes three 737 MAX variants,... More