Boeing

The International Air Transport Association (IATA) has projected that global airline revenue will exceed trillion for the first time in 2025, marking a significant milestone for the aviation industry. According to IATA's forecast, total airline revenue is expected to reach .007 trillion, reflecting a 4.4% increase compared to 2024.

The United States continues to send forces to the Middle East in anticipation of an expected Iranian attack on Israel, with flight tracking sites showing USAF F-15E aircraft en route to Jordan.

Eep Bolaño listens as IAM District 751 president Jon Holden announces that the union voted to accept a new contract offer from Boeing, Monday, Nov. 4, 2024, at their union hall in Seattle.

Boeing workers in the Seattle region have decisively rejected the U.S. aerospace giant's latest contract offer, extending their nearly six-week strike.

Almost 64 percent of the members of the International Association of Machinists and Aerospace Workers District 751 rejected the contract, the union said on X.

The United States has announced the deployment of the advanced Terminal High Altitude Area Defense THAAD missile defense system to Israel, accompanied by about 100 U.S. troops.

The Israeli military has announced that the U.S. has deployed the THAAD anti-ballistic missile defense system in Israel amid tensions with Iran.

Israeli Army Radio described the move as part of preparations for the expected Israeli response to Iran's recent missile attack.

Boeing workers in the Seattle region voted 96 percent in favor of a strike last Thursday night, halting production of the company’s best-selling airplane at a time when Boeing is facing chronic production delays and mounting debts.

Union members react as Aerospace Machinists District 751 President Jon Holden (out of frame) announces that union members rejected a proposed Boeing contract and will go on strike, following voting results at their union hall in Seattle, Washington, on Sept. 12, 2024.

Boeing announced that it has halted flight testing of the 777X after finding a failure in a structure on one of the wide-body aircraft.

The company said it discovered the damage to the custom part, which it said is located between the engine and the propeller, during scheduled maintenance. It has since grounded the other three aircraft in its test fleet.

Boeing's safety troubles and the Airbus scramble to ramp up production should have left a gap for smaller rivals to challenge their dominatiion of the commercial airliner market.