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Published: 31 March 2025

Foreign visitor arrivals to Japan rose 47% to a record 36.9 million in 2024

ANA Holdings announced on Tuesday that it has decided to order up to 77 aircraft from the three companies

ANA Holdings plans to buy more than $14 billion of jets from Boeing, Airbus and Embraer, partly to meet rising travel demand to Japan.

The Japanese airline on Tuesday said it decided to order up to 77 aircraft from the three companies to support medium- to long-term international growth and meet demand changes in its domestic operations. The carrier had restricted fleet renewal during the pandemic.

The planes have a total catalog price of about 2.158 trillion yen, equivalent to $14.41 billion, and are expected to be delivered by around 2033.

ANA said the group’s fleet will rise to about 320 jets by around 2030.

ANA said it will order 18 Boeing 787-9s in anticipation of strong travel demand between Asia and North America. For domestic routes, it will order up to 20 Embraer E190-E2s, which the company hopes will help reduce fuel consumption. It will also order up to 39 other planes primarily to update its current fleet.

Foreign visitor arrivals to Japan rose 47% to a record 36.9 million in 2024, according to the Japan National Tourism Organization.

In March last year, Japan Airlines said it planned to buy 42 jets from Airbus and Boeing to be delivered over the next decade. Catalog prices of the 42 aircraft totaled Y1.870 trillion, according to figures provided by the company.

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Published: 24 March 2025

Boeing’s new CEO made $18.4 million in compensation last year after taking over the beleaguered jetmaker in August.

CEO Kelly Ortberg’s pay for the five months on the job included $16 million in stock and options, a salary of $525,000 and a $1.25 million signing bonus, Boeing said Friday in a regulatory filing.

Ousted CEO David Calhoun received $15 million, including $1.3 million in salary and equity awards valued at $13.2 million. That’s less than half of the $33 million Calhoun received, mostly stock compensation, in 2023.

Calhoun received no buyout and neither leader received performance bonuses for a year that started with a near-catastrophic fuselage-panel blowout on an Alaska Airlines flight and culminated in a strike by the company’s largest union.

Most of the company's top executives received lower overall pay last year compared to 2023.

Boeing is burning through billions of dollars and, in addition to the quality crisis in its commercial airline manufacturing operations, it is struggling with a money-losing defense business and troubled space program.

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Published: 19 March 2025

Loss of factory that made fasteners for jets threatens Boeing’s plan to get production back on track; ‘We’ll get through it,’ CEO says

The fire at SPS Technologies, in Abington Township, Pa., broke out Feb. 17 and took several days to extinguish.

A fire tore through an airplane-parts factory last month in suburban Philadelphia, decimating the century-old plant. Boeing BA -0.17%decrease; red down pointing triangle has been racing ever since to size up whether it will delay the jet maker’s turnaround plans.

Equal in size to about 10 football fields, the factory, operated by a Berkshire Hathaway BRK.B 0.02%increase; green up pointing triangle company, was the sole supplier of some critical fasteners used in Boeing planes. Fallout from the blaze now threatens the aerospace company’s effort to get its manufacturing operations back on track.

Boeing is searching to find alternative suppliers, but replacing the parts isn’t an easy task. Many might look like typical bolts, but the fasteners must be manufactured to hold up to the demands of air travel, and some of the designs are complex. They are used in jet engines, landing gear and other parts of the plane.

The plant’s loss won’t have an immediate effect on production, the company said, but suppliers and analysts expect fallout as Boeing works through its parts supply.

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Published: 10 March 2025

European plane maker posts higher revenue and profit for the first quarter

Airbus posted higher revenue and profit for the first quarter, backed its goal to deliver more planes this year than in 2023 and decided to increase production of its A350 wide-body jets, extending its lead over beleaguered rival Boeing.

The European plane maker confirmed its target to deliver about 800 commercial aircraft to customers this year, more than the 735 planes it dispatched in 2023.

Airbus’s optimism that deliveries will keep growing comes as Boeing grapples with the fallout from an Alaska Airlines emergency landing in January after a door plug ripped away in midair, prompting a temporary grounding and immediate inspections of Boeing 737 MAX jets.

Airbus handed 142 planes to customers in the first quarter, up nearly 12% versus a year ago. Boeing, on the other hand, delivered just 83, a 36% drop from a year ago.

The U.S. company, under pressure from airlines and regulators to ensure safety and quality in its production processes, reported a net loss and declining revenue in the first quarter, showing diverging fortunes with Airbus.

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