Boeing

Airlines are finding creative ways to fly their schedules with new Airbus and Boeing planes arriving late.

Delta Air Lines opened the biennial Farnborough Air Show in the U.K. with its first order for new Boeing aircraft in more than a decade. When the terms are right, they are right.

Lufthansa CEO Carsten Spohr acknowledges that Boeing is struggling right now, but he's confident the manufacturer will get its house in order.

With international travel rebounding, airlines are scrambling to add aircraft to their fleets. But Boeing and Airbus will struggle to meet their ambitious production targets, given supply chain woes and regulatory scrutiny, the head of the world's largest aircraft lessor said.

Boeing appears ready to move its headquarters to the Washington, D.C., area, according to a report by The Wall Street Journal Thursday.

Global planemakers are confident in their ability to meet production targets despite the Western sanctions on Russian exports. The aerospace industry relies on Russian supply of this key metal for aircraft production.

Boeing and Airbus have ambitious plans to deliver hundreds of airplanes to the world's airlines this year, but supply chain woes could imperil their targets. Boeing, in particular, is struggling to meet its goals, said Steve Udvar-Hazy, executive chairman of Air Lease Corp.

Russia has moved to block foreign leasing companies from repossessing their aircraft in the country. More than half of the commercial airplanes in Russia are owned by Western lessors, and the lessors have until March 28 to comply with sanctions and repossess those airplanes. But Russia's move to essentially commandeer those aircraft is a violation of international law and could cost lessors billions of dollars.

The global travel industry is split over doing business in Russia, although the vast majority of companies are abiding by the relevant economic sanctions. Moral outrage, self-interest, and disparate views over harming ordinary Russians are clashing big time.

The Omicron variant has spooked Ryanair's usually brash CEO Michael O'Leary. After a disappointing December, he is now uncharacteristically cautious about the summer, which previous forecasts had held would be a blockbuster for the European low-cost carrier.