Boeing to pay $2.5bn to settle criminal charges stemming from 737 MAX crisis

Jan. 7, 2021, © Leeham News: Boeing today agreed to pay $2.5bn to settle criminal charges with the US Department of Justice over the 737 MAX investigation. The settlement comes in the form of a Deferred Prosecution Agreement… Read More

Odds and Ends: AA, US and DOJ have mediator; new C919 order; A380 break even

Movement on AA-US merger: Terry Maxon of The Dallas Morning News reports that American Airlines, US Airways and the Department of Justice have picked a mediator to sort out the DOJ’s lawsuit to block the AA-US merger. See… Read More

Southwest’s forthcoming expansion will offset AA-US consolidation

Southwest Airlines has begun a one year countdown to the day the Wright Amendment will disappear. The Amendment, named after former US House Speaker Jim Wright, restricts Southwest’s ability to fly from in-town Dallas Love Field. Originally Southwest… Read More

American, US Airways respond to DOJ complaint

American Airlines and US Airways filed their responses to the DOJ lawsuit seeking to block the merger. The Dallas Morning News has this synopsis. The full, 50-page US Airways response is here. There’s one element that particularly caught… Read More

Odds and Ends: S&P; C-17; AA-US merger (again); 777X wing work; WA aerospace future

S&P says don’t pay attention to our ratings: On the same day Delta Air Lines was named to the S&P 500, The Los Angeles Times had this article commenting on Standard & Poor’s legal defense of its investment… Read More

FedEx takes first 767-300ERF; sources say readies 767-2CF order

FedEx took delivery of its first Boeing 767-300ERF yesterday. Boeing Photo As we reported way back on June 16, our market intelligence tells us FDX is lined up to become the first commercial customers of the 767-2C, the… Read More

Odds and Ends: Slowing sales; Airbus in Japan; MRJ delay; Crandall on merger

Slowing Jet Sales: Within a few days, Bloomberg, Reuters and The Seattle Times each had stories about slowing jet sales. Here is the Bloomberg story, focusing on cargo sales. Here is the Reuters story. Here is The Seattle… Read More

Busy news Friday: BBD gets CSeries first flight clearance, AA-US get early DOJ court date

It’s an unusually busy news day for a Friday. Bombardier received its clearance from Transport Canada to conduct the first flight of the CSeries. BBD has not announced a date, which will be contingent upon weather and the… Read More

Odds and Ends: Why new planes are delayed; Hazy profile; first 787-9

It’s Actually is Rocket Science: It’s a clever headline from Bloomberg News, explaining why new airplane programs are delayed. Focusing on smaller airplanes: Steven Udvar-Hazy, one of the craftiest executives in commercial aviation, is profiled in this LA… Read More

Odds and Ends: Lorenzo weighs in support AA-US merger; lawsuit could delay AA RJ replacement; 93% airport concentration

Lorenzo supports AA-US merger: In a radio interview with Bloomberg news, Frank Lorenzo supports mergers in the US airline industry and the proposed one between American Airlines and US Airways. Lorenzo is the former CEO of Texas Air… Read More