Transaero estate to demand B737 from Lithuania's KlasJet

Boeing warns of delays, cost overruns on VC-25B programme

Boeing (BOE, Chicago O'Hare) has warned the United States Air Force about a likely delay of up to 12 months concerning the delivery of the two B747-8(VC-25B) VIP transports and has formally asked to renegotiate the contract's price tag, an official said during a congressional hearing.

Acting Assistant Secretary of the Air Force (Acquisition, Technology & Logistics) Darlene Costello said during a hearing of the House Armed Services Committee that the USAF was currently undertaking a schedule risk assessment and had yet to agree to the revised timeline. Under the original timeline, the two aircraft were due to deliver to the USAF by the end of 2024, shortly before the end of the current term of President Joe Biden. A delay would mean the aircraft would enter into service under the next administration.

Boeing said the delay was caused by the impact of the COVID-19 pandemic on the one hand, and the recent bankruptcy of GDC Technics, the supplier that was contracted to outfit the aircraft's interiors, on the other. Boeing and GDC Technics...

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Supplier dispute threatens Boeing's VC-25B deliveries

An ongoing legal dispute with a key cabin interior supplier is threatening the completion of two new VIP B747-8s for the United States Air Force in time for their scheduled deliveries by December 2024, FOX Business has reported.

In early April, Boeing terminated its contract with GDC Technics, citing insufficient personnel to deliver the customised interiors in time.

"As a result of GDC’s failures, GDC missed numerous deadlines and delivery dates, caused myriad disruptions to the VC-25B program, and made insufficient progress on the aircraft interior work that it was required to perform... GDC’s failures have resulted in millions of dollars in damages to Boeing and threaten to jeopardize work that is of critical importance to the USAF and the President of the United States," the manufacturer said in court papers.

However, later in April, the Texas-based supplier counter-sued, alleging that Boeing caused the delays.

"Because of its problems with engineering, program management, and its own financial difficulties, Boeing has fallen behind in the project schedule for the aircraft. Boeing looked to GDC...

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