Alaska Airlines Signs License Agreement for Boeing's Virtual Airplane
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy BA?
Source: PRnewswire
- Partnership Deepening: Alaska Airlines signed a formal license agreement with Boeing at the World Aviation Training Summit in Orlando, marking a significant evolution in their collaboration on the Virtual Airplane, which is expected to enhance pilot training efficiency and safety.
- Innovative Training Platform: The Virtual Airplane, a device-agnostic modular training solution, allows pilots to practice high-fidelity procedures anytime and anywhere, thereby standardizing training and reducing simulator familiarization time, ultimately improving pilot readiness.
- Modular Tool Suite: The first module, Procedures Trainer, is now available for Boeing 737 MAX training, with plans to expand to additional Boeing models, further enhancing training flexibility and effectiveness to meet the evolving needs of the aviation industry.
- Commitment to Safety and Innovation: Boeing's VP Chris Broom emphasized that Alaska Airlines' commitment to innovation and safety has been crucial in the development of the Virtual Airplane, and their partnership will modernize pilot training and enhance overall operational readiness.
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Analyst Views on BA
Wall Street analysts forecast BA stock price to rise
16 Analyst Rating
14 Buy
1 Hold
1 Sell
Strong Buy
Current: 231.030
Low
150.00
Averages
269.14
High
298.00
Current: 231.030
Low
150.00
Averages
269.14
High
298.00
About BA
The Boeing Company is an aerospace company. Its segments include Commercial Airplanes (BCA), Defense, Space & Security (BDS), and Global Services (BGS). Its BCA segment develops, produces and markets commercial jet aircraft principally for the commercial airline industry worldwide. Its family of commercial jet aircraft in production includes the 737 narrow-body model and the 767, 777 and 787 wide-body models. Its BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, surveillance and mobility. Its BGS segment provides services to its commercial and defense customers worldwide. It sustains aerospace platforms and systems with a range of products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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