Boeing News
Boeing targets 2012 boost
Boeing has predicted there will be a renewed demand for aircraft in 2012, following on from a global economic recovery in the coming year.
Boeing commercial airplanes leadership to focus on execution today and Into the future
Boeing Commercial Airplanes President and Chief Executive Officer Jim Albaugh today announced organizational changes intended to strengthen the company’s focus on both performance and long-term strategy.
Back to black for Boeing
Aerospace giant Boeing has reported a sharp rise in fourth quarter revenues, up 42% to $17.9bn, ahead of forecasts. The increase came despite the poor economic climate, with net income for the period $1.27bn, compared with a loss of $86m year-on-year.
Boeing orders plummet
Boeing says its customers ordered just 142 commercial aircraft last year as the recession forced airlines to shrink, leaving the aerospace company neck and neck with archrival Airbus.
Boeing reports fourth-quarter deliveries
The Boeing Company (NYSE: BA) announced today deliveries across its commercial and defense operations for the fourth quarter of 2009.
Ryanair cancels planes and reins in growth
A war of words has broken out between Ryanair and Boeing after talks broke down over a potential order of up to 200 planes. The budget airline’s chief executive Michael O’ Leary has accused the aircraft manufacturer of “moving the goalposts” during the negotiations.
Boeing completes 787 dreamliner high-speed taxi test
Boeing (NYSE: BA) completed high-speed taxi tests on the first 787 Dreamliner today. This is the last in a series of functional tests planned in preparation for first flight.
China Cargo Airlines to Incorporate Boeing Operational Efficiency Products
Boeing (NYSE: BA) and Shanghai-based China Cargo Airlines today announced an agreement to incorporate two key Boeing solutions into the carrier’s operations over the coming months.
Airbus trounces Boeing at Dubai Air Show
Airbus has trounced its bitter rival Boeing at the Dubai Air Show by received five times more orders by value. It received US$5.3bn in orders and letters of intent, against two orders worth US$800m from Boeing. However sales were down dramatically from the last time the biannual show was held in 2007, when they received a combined order worth US$75bn.
Airbus wins major Ethiopian order
Airbus has revealed it has won an order from Ethiopian Airlines, a long-term Boeing customer for 12 of its new A350 XWB aircraft in a deal valued at about $2.8 billion at list price, bringing its total worldwide orders for the plane to 505.
Air NZ secures aircraft deal
Air New Zealand is replacing its domestic fleet of Boeing 737-300s with $1bn worth of Airbus A320s. The first plane will be delivered in 2011, with the rest of the fleet gradually replaced by 2015.
Boeing sees long, slow recovery
Boeing has forecast that airlines will need 29,000 new airplanes through 2028, valued at US$3.2 trillion, but that recovery from the economic downturn will be a gradual one.
Boeing leader in climate change disclosure
The Boeing Company (NYSE: BA) was named the best performing industrial company in the 2009 Global Carbon Disclosure Leadership Index, which ranks corporations for transparency around reporting climate-change risks and actions to improve environmental performance.
Boeing tips 2011 recovery
Executives at aviation leader Boeing have revealed that international air travel, decimated by the economic downturn, is beginning to stabilize but may not recover until 2011 as companies and passengers continue to scale back.
WTO poised to outlaw Airbus state aid
The World Trade Organization is set to rule today what is being dubbed as the biggest trade dispute in history - between aerospace giants Boeing and Airbus. The US planemaker is accusing the EU of handing out illegal subsidies to its arch rival, and it is believed that the WTO is expected to agree.
Dreamliner to fly by year’s end
Boeing has said the inaugural flight of its Dreamliner would take flight by the end of the year, with delivery of the first plane toward the end of 2010, two years behind schedule. It will also cost the aerospace giant an additional $2.5bn to get the revolutionary aircraft airborne.
Boeing sees light at end of tunnel
After a torrid past year, Boeing has turned a corner by reporting a 17 percent rise in profits for the second quarter, comfortably beating Wall Street expectations. It also announced that it has fixed the structural problem that has delayed the launch of the Dreamliner.
Standing room only for Ryanair
Ryanair chief executive Michael O’Leary is considering plans for passengers to stand during flights so more people can be squeezed onboard.
Boeing Dreamliner hit with further delays
Boeing has once again been forced to delay the maiden flight of its new eco-friendly 787 Dreamliner, despite announcing at last week’s Paris Air Show that it would be airbourne by the end of this month.The Seattle-based manufacturer said a side section of the aircraft needs to be reinforced, making it “several weeks” before it is able to confirm a new flight and delivery schedule.
Boeing cuts forecasts for first time in 10 years
Boeing has trimmed its forecast for new plane order for the first time in 10 years due to the global downturn severely denting both consumer and cargo demand. The Seattle-based aviation giant expects 29,000 commercial planes to be ordered over the next 20 years, with a market value of $3.2 trillion, down from its forecast of 29,400 last year.
