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GECAS finalides order for 10 Boeings

GECAS finalides order for 10 Boeings

9 August 2011 Press Release Airline News

Boeing and GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric, have finalized a firm order for two 747-8 Freighters and eight 777-300ERs (extended range) airplanes.

Boeing shares rise on strong results

Boeing shares rise on strong results

27 July 2011 Airline News

American aerospace giant Boeing has reported second-quarter net income of $0.9 billion, or $1.25 per share, on revenue of $16.5 billion for the second quarter of financial 2011. This represents a 20 per cent increase in net income from the figure of $787 million recorded a year ago.

Boeing sees further expansion with Solutions Made Simple acquisition

Boeing sees further expansion with Solutions Made Simple acquisition

21 July 2011 Airline News

Boeing has announced an agreement to acquire Solutions Made Simple, an information services provider for the US government. Known for its Twister data integration framework products, SMSi’s technology allows users to easily extract, share and query information stored in an unlimited number of data sources and applications.

American Airlines signs largest ever aircraft orders

American Airlines signs largest ever aircraft orders

20 July 2011 Airline News

American Airlines has signed deals for a total of 440 aircraft, with future purchase rights for 465 more, with both Boeing and Airbus. In a busy day for the carrier, parent AMR Corp also confirmed it would spin off American Eagle, while also releasing results showing it lost $286 million in the second quarter of 2011.

FAA proposes $1.05 Million civil penalty against Boeing

FAA proposes $1.05 Million civil penalty against Boeing

29 June 2011 Press Release Airline News

The Federal Aviation Administration (FAA) is proposing a $1,050,000 civil penalty against the Boeing Company for allegedly failing to correct a known problem in production and installation of the central passenger oxygen system in its B-777 airliners.

Boeing Statement on GECAS Agreement for 747-8 Freighters and 777-300ERs

Boeing Statement on GECAS Agreement for 747-8 Freighters and 777-300ERs

23 June 2011 Press Release Airline News

Boeing has announced an agreement at the Paris Air Show that GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric, will purchase two 747-8 Freighters and eight 777-300ERs (extended range). The 747-8 Freighter is a new model for the GECAS portfolio of airplanes.