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Griffin Global Asset Management Orders Five Boeing 737-8 Jets

SEATTLE, Washington, September 1, 2021 — Boeing [NYSE: BA] and Griffin Global Asset Management today announced the aircraft lessor is expanding its commercial aircraft portfolio with five new 737-8 jets. The purchase is Griffin’s first direct order with Boeing as it sees strategic opportunities to place the airplanes during the market recovery.

Designed and built in Renton, Washington, the 737 MAX family delivers superior efficiency, flexibility and reliability while reducing fuel use and carbon emissions by at least 14% compared to the airplanes they replace. The 737-8 seats up to 189 passengers and can fly 3,550 nautical miles – about 600 miles farther than its predecessor – allowing airlines to offer new and more direct routes for passengers. Every 737 MAX features the new Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity.

Norway’s First P-8A Poseidon Rolls Out of Boeing Paint Shop

The first P-8A Poseidon aircraft for Norway today rolled out of the paint shop in Renton, in Royal Norwegian Air Force livery. Norway is one of eight nations to have acquired the P-8A as their new multimission maritime patrol aircraft.

Recently, the air force revealed the names of its five P-8A Poseidon aircraft: Vingtor, Viking, Ulabrand, Hugin and Munin. The names are inspired by Norse mythology and continue a tradition of almost 80 years that started when the names Vingtor, Viking and Ulabrand were used on Norway’s PBY-5 Catalina maritime patrol aircraft in 1942. Since then, other maritime patrol aircraft operated by the Royal Norwegian Air Force have carried those names, including its current P-3 fleet, which will be replaced by the P-8. 

Norway’s first P-8A aircraft – Vingtor – will now return to the factory floor to be prepared for flight testing. First flight is scheduled for later this month, and mission systems will be installed on the aircraft after that.

First Norwegian P8 Paint Rollout

Boeing Completes Successful First 737-10 Flight

SEATTLE /PRNewswire/ — Boeing’s [NYSE: BA] 737-10, the largest airplane in the 737 MAX family, today completed a successful first flight. The airplane took off from Renton Field in Renton, Washington, at 10:07 a.m. and landed at 12:38 p.m. at Boeing Field in Seattle.

Today’s flight was the start of a comprehensive test program for the 737-10. Boeing will work closely with regulators to certify the airplane prior to its scheduled entry into service in 2023.

The 737-10 can carry up to 230 passengers. It also incorporates environmental improvements, cutting carbon emissions by 14 percent and reducing noise by 50 percent compared to today’s Next-Generation 737s.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity.

MAX-10 First Flight Landing Boeing Field Seattle

Boeing, SRP Sign Renewable Energy Agreement for Mesa Site

– Boeing signs 15-year renewable energy agreement with SRPAgreement supports Boeing’s emission reduction goalsSRP solar photovoltaic plant scheduled to open in 2021

Boeing [NYSE: BA] and the Salt River Project (SRP) utility have signed a multi-year agreement to power Boeing’s Mesa site with renewable solar energy.

Boeing will be one of several companies to receive power from SRP’s soon-to-be-built 100-megawatt solar photovoltaic plant in Eloy, Arizona. Boeing’s Mesa site will receive about 25% of its electricity needs from this plant over the next 15 years. This supports the company’s overall goal to reduce greenhouse gas emissions 25% by 2025, and ultimately power operations with 100% renewable energy.

“It makes sense to take advantage of renewable solar energy at a location that enjoys 295 days of sunshine a year,” said Beth Schryer, Boeing vice president of Facilities & Asset Management. “This will help offset the same amount of energy equivalent to that used in one year by 670 average U.S. homes.”

SRP’s 700-acre Eloy plant is expected to begin operation in December 2021. Located approximately 50 miles from the plant is Boeing’s Mesa site. The Mesa site produces Apache helicopters and houses various corporate, commercial and defense teams in more than 40 buildings. Boeing employs more than 4,600 people in Arizona, with most based in Mesa.

“Boeing’s longstanding vision of improving the environment and reducing carbon emissions is a natural fit for the SRP Sustainable Energy Offering,” said Jim Pratt, SRP Associate General Manager and Chief Customer Executive. “We appreciate customers like Boeing working with us on this collaborative initiative to invest in renewable energy that not only helps them achieve their aerospace industry sustainability goals, but does so at an affordable cost.”

This agreement expands Boeing’s leadership in the use of renewable energy and energy efficiency. Two Boeing sites – Renton, Washington, and Charleston, South Carolina – use 100% renewable energy today. The company is also ranked 17th on the EPA’s Green Power Partnership Fortune 500® Partners List, and has been named an EPA ENERGY STAR® Partner of the Year for 10 years running.

Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries. Boeing employs more than 160,000 people worldwide and leverages the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.

Safran Shares Lifted by Boeing 737 MAX Restart Plan

Outbreak of the coronavirus disease (COVID-19) in Renton, Washington

PARIS (Reuters) – Safran <SAF.PA> shares rose on Thursday after Boeing <BA.N> said it would restart production of its 737 MAX jet and announced further cost-cutting measures.

Shares in the French aerospace firm, which co-produces the 737 MAX’s engines with General Electric <GE.N>, were up 2.2%, while Airbus <AIR.PA> shares were 0.7% higher.

Boeing said on Wednesday it was eliminating more than 12,000 U.S. jobs, including 6,770 involuntary layoffs, as the largest American planemaker restructures in the face of the coronavirus pandemic. The move nevertheless lifted Boeing’s shares.

The U.S. rival to Airbus said it had restarted 737 MAX production at a “low rate” at its Renton, Washington factory. Reuters reported in April that regulatory approval for the MAX was not expected until at least August.

(Reporting by Sudip Kar-Gupta; Editing by David Goodman and Alexander Smith)

The Safran company logo is pictured at the company’s logistic area in Colomiers near Toulouse

Boeing Resumes 737 MAX Production

  • Production system enhanced through factory initiatives

Boeing [NYSE: BA] has resumed production of the 737 MAX at the company’s Renton, Washington factory. The 737 program began building airplanes at a low rate as it implements more than a dozen initiatives focused on enhancing workplace safety and product quality.

“We’ve been on a continuous journey to evolve our production system and make it even stronger,” said Walt Odisho, vice president and general manager of the 737 program. “These initiatives are the next step in creating the optimal build environment for the 737 MAX.”

During the temporary suspension of production that began in January, mechanics and engineers collaborated to refine and standardize work packages in each position of the factory. New kitting processes will also ensure that employees have everything they need at their fingertips to build the airplane.

“The steps we’ve taken in the factory will help drive our goal of 100 percent quality for our customers while supporting our ongoing commitment to workplace safety,” said Scott Stocker, vice president of 737 Manufacturing.

The 737 program will gradually ramp up production this year.

Boeing 737 MAX 10 Makes its Debut

RENTON, Wash., Nov. 22, 2019 – Boeing [BA] marked a key milestone as thousands of employees gathered for the debut of the first 737 MAX 10 at the company’s Renton, Washington factory. During a ceremony, Boeing leaders highlighted the team’s accomplishments and recognized their efforts in completing production of the newest member of the 737 MAX family.

“Today is not just about a new airplane. It’s about the people who design, build and support it,” said Mark Jenks, vice president and general manager of the 737 program. “This team’s relentless focus on safety and quality shows the commitment we have to our airline customers and every person who flies on a Boeing airplane.”

The 737 MAX 10, the largest variant of the MAX family, can seat up to 230 passengers and offers the lowest seat-mile cost of any single-aisle airplane ever produced. The airplane will now undergo system checks and engine runs prior to first flight next year.

“I’m honored to take this airplane on its first flight and show the world what you’ve put your heart and soul into,” 737 Chief Pilot Jennifer Henderson told the employee crowd.

The 737 MAX 10 currently has more than 550 orders and commitments from more than 20 customers around the globe.

MAX10 Reveal – November 22, 2019

Boeing 737 Program Manager to Retire Amid Jet’s Grounding

SEATTLE, July 11 (Reuters) – Boeing’s 737 jet program manager, Eric Lindblad, will retire in a matter of weeks after roughly 12 months on the job, according to a company memo seen by Reuters on Thursday.

Lindblad’s departure, after a 34-year career at Boeing, comes as the world’s largest planemaker navigates one of the worst crises in its history. Boeing’s money-spinning 737 MAX jetliner has been grounded in the wake of two deadly crashes that killed nearly 350 people in the span of five months.

Taking Lindblad’s place as the lead of the 737 program and the Renton, Washington, factory will be Mark Jenks, who has been leading Boeing’s potential new mid-market airplane (NMA) project, Boeing Commercial Airplanes Chief Executive Kevin McAllister wrote in the memo to employees seen by Reuters.

Mike Sinnett, Boeing Commercial Airplanes vice president of product development and future airplane development, will assume the role of vice president for NMA in addition to his current role, the memo said. Sinnett, who originally led preliminary work on the NMA, has been seen a figurehead of the program.

“Let me be clear – the NMA team will continue to operate as a program, and I am looking forward to Mike’s leadership in this important effort,” McAllister said in the memo.

In naming Jenks and Sinnett to run marquee projects at such a crucial time, McAllister is choosing two of Boeing’s most high-profile engineers. Jenks has been credited with turning around the 787 Dreamliner program, and his appointment on the NMA was seen as key to putting the potential twin-aisle aircraft on a path to a rapid launch.

But industry sources say the launch of the NMA has been delayed by the 737 MAX crisis. The NMA program, if it goes ahead, will most likely not be launched before spring or summer of next year, the sources said.

(Reporting by Eric M. Johnson in Seattle and Tim Hepher in Paris; Editing by Leslie Adler)

Boeing Invites Pilots & Regulators to 737 MAX Briefing

SINGAPORE/ADDIS ABABA (Reuters) – Boeing Co said it invited more than 200 airline pilots, technical leaders and regulators for an information session on Wednesday as it looks to return the 737 MAX to commercial service.

The meeting is a sign that Boeing’s planned software patch is nearing completion, though it will still need regulatory approval.

Over the weekend, Ethiopian Airlines executives had questioned whether Boeing had told pilots enough about “aggressive” software that pushes the plane’s nose down, a focus of investigation into a deadly crash in Ethiopia this month that led to the global grounding of 737 MAX jets.

The informational session in Renton, Washington on Wednesday is part of a plan to reach all current and many future 737 MAX operators and their home regulators to discuss software and training updates to the jet, Boeing said in a statement.

Garuda Indonesia, which on Friday said it planned to cancel its order for 49 737 MAX jets citing a loss of passenger trust after the crashes, was invited to the briefing, CEO Ari Askhara told Reuters on Monday.

“We were informed on Friday, but because it is short notice we can’t send a pilot there,” he said, adding the airline had requested a webinar with Boeing but that idea had been rejected.

A Boeing spokeswoman said the Wednesday event was one of a series of in-person information sessions.

“We have been scheduling and will continue to arrange additional meetings to communicate with all current and many future MAX customers and operators,” she said.

Garuda has only one 737 MAX and had been reconsidering its order before the Ethiopian crash, as has fellow Indonesian carrier Lion Air, which experienced a deadly crash in October.

Singapore Airlines Ltd said on Monday its offshoot SilkAir, which operates the 737 MAX, had received the invitation to the Wednesday event and would send representatives.

Korean Air Lines Co Ltd, which before the grounding had been due to receive its first 737 MAX in April, said it planned to send pilots to Renton.

The 737 MAX is Boeing’s best-selling plane, with orders worth more than $500 billion at list prices.

Teams from the three U.S. airlines that own 737 MAX jets participated in a session in Renton reviewing a planned software upgrade on Saturday.

A U.S. official briefed on the matter Saturday said the Federal Aviation Administration (FAA) has not yet signed off on the software upgrade and training but the goal is to review them in coming weeks and approve them by April.

It remained unclear whether the software upgrade, called “design changes” by the FAA, will resolve concerns stemming from the ongoing investigation into the March 10 Ethiopian Airlines crash, which killed all 157 on board.

“After the crash it came to our attention that the system is aggressive,” Yohannes Hailemariam, vice president for flight operations at Ethiopian, told local reporters speaking in the Amharic language.

“It gives a message of stalling and it takes immediate action which is faster than the action which pilots were briefed to take by Boeing,” said Yohannes, himself a pilot with over 30 years of experience, including flying Boeing’s 777 and 787.

The U.S. official said planned changes included 15 minutes of training to help pilots deactivate the anti-stall system known as MCAS in the event of faulty sensor data or other issues. It also included some self-guided instruction, the official added.

American Airlines said Sunday it will extend flight cancellations through April 24 because of the grounding of the 737 MAX and cut some additional flights.

(Reporting by Jamie Freed in Singapore and Jason Neely in Addis Ababa; additional reporting by Cindy Silviana in Jakarta, Heekyong Yang in Seoul, Tracy Rucinski in Chicago and David Shepardson in Washington; Editing by Chris Reese and Michael Perry)