Breaking Travel News

Boeing News

Boeing lands biggest order since downturn

Boeing lands biggest order since downturn

3 April 2010 Airline News

Virgin Blue, Australia’s second largest airline, is to embark on a massive spending spree with the purchase of 105 Boeing 737 aircraft. The order represents the largest for Boeing in the past 18 months, as well as the Virgin Blue’s most significant fleet upgrade in its 10-year history.

WTO hands down landmark aerospace judgement

WTO hands down landmark aerospace judgement

24 March 2010 Airline News

The World Trade Organisation has reached a final conclusion on a dispute over aircraft subsidy between the United States and the European Union, with both Boeing and Airbus claiming victory. However, the transatlantic dispute looks set to continue as both sides study the judgement.

Boeing criticises Airbus financial aid

Boeing criticises Airbus financial aid

23 March 2010

United States plane manufacturer Boeing has criticised a German government decision to offer rival Airbus a £1 billion loan. The American company has also attacked the timing of the decision, with the WTO expected to outlaw any further financial support this week.

Boeing targets 2012 boost

Boeing targets 2012 boost

3 February 2010 Press Release Airline News

Boeing has predicted there will be a renewed demand for aircraft in 2012, following on from a global economic recovery in the coming year.

Back to black for Boeing

Back to black for Boeing

28 January 2010 Airline News

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 orders plummet

8 January 2010 Airline News

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.

Ryanair cancels planes and reins in growth

Ryanair cancels planes and reins in growth

18 December 2009 Airline News

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.

Airbus trounces Boeing at Dubai Air Show

Airbus trounces Boeing at Dubai Air Show

19 November 2009 Airline News

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.