Saturday, July 20, 2024

Intrepid acquires a 747-8F and leases to ABC

Intrepid Aviation acquired a new Boeing 747-8 Freighter from the Boeing Company on 15 September, which has been placed on long-term lease with AirBridgeCargo Airlines (ABC). This is the second of two new 747-8F aircraft that the privately owned commercial aircraft lessor¬†acquired from Boeing and leased to ABC this year. Intrepid says the¬†delivery is in […]

Boeing returns to profit in the second quarter

Boeing Company has returned to profit in the second quarter, with net earnings of $1.7 billion compared to a loss of $234 million the previous year. The loss in the second quarter of 2016 was due to an R&D reclassification of $1.2 billion on the 787 program, a $1.2 billion pre-tax charge for the 747 […]