Cathay Pacific Airways Ltd. has launched a bidding process for dozens of new widebody aircraft, according to people familiar with the matter, pitting Airbus SE against Boeing Co. in what would be a multibillion-dollar deal.

Cathay Pacific has tapped both Airbus and Boeing, requesting their proposals for the airline’s next aircraft order. The airline is considering the Airbus A350 or Boeing 787 family, along with the possibility of adding more Boeing 777Xs to its fleet.

The original BBJ-737 was designed to accommodate 19 passengers, but various versions with up to 30 passenger capacity were also released. The aircraft comes equipped with standard winglets, which offer a 7% reduction in lift-induced drag and a 5% increase in operational range.

Boeing’s quality issues led to major declines, while Airbus fared better. Find out why BA and EADSF stocks could see strong growth in 2025 due to low bases.

Airbus signalled a potential new charge in its troubled Space business on Tuesday, saying it would update investors on a long-running status review of a major satellite programme during annual results on Feb.

Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.

Boeing appears to have confirmed the German flag carrier Lufthansa as the 777-9 launch customer in its latest earnings conference call.

Brazilian plane-maker Embraer is showing up its larger rivals by keeping factories humming and shipments flowing.

The Boeing Company reported a massive Q4 loss, with revenues down over 30% and losses per share significantly worse than expected. Learn more on BA stock here.

Airplane maker’s whopping losses for the fourth quarter and full year illustrate the urgency for the company, which has about 3,000 employees in San Antonio.

Eurowings will replace its fleet of Airbus A319s and older Airbus A320 models with 40 brand-new Boeing 737 MAX 8 jets after Lufthansa Group confirmed the move.

The loss demonstrates the challenges facing CEO Kelly Ortberg in turning around the planemaker as it cedes more ground to rival Airbus in the delivery race and comes under the crosshairs of regulators and customers following a series of missteps.