Boeing News Page 69
Fall in profits at Boeing
A fall in aircraft deliverers has prompted a sharp slide in profits at Boeing. The aircraft manufacturer recorded a net profit of $787 million for the three months to June, down 21 per cent on the figure of $998m for in the same period last year.
Revitalised aviation soars at Farnborough
Aviation commentators are predicting an end to the global economic slump as aircraft orders continue to accumulate at the Farnborough International Air Show. A resurgent Airbus performed well, recording orders for over 130 aircraft, while rival Boeing secured 103 orders worth $10 billion.
Farnborough orders top $25 billion
The tally of plane orders by the close of third day of the Farnborough Airshow has passed the $25 billion mark, as a resurgent commercial aviation sector offset severe cut backs to government defence expenditure.
Big hitters flex their muscles at Farnborough
Boeing and Airbus have picked up a raft of new orders at Farnborough Airshow, in the strongest signal yet that the aviation industry to returning to good health. Boeing is currently leading the way with 130 orders, followed closely by Airbus with 122.
British Airways Boeing dream
As the Boeing 787 makes its first international appearance at the Farnborough Air Show, preparations for the aircraft to enter the British Airways fleet are well underway.
Boeing and Airbus do battle at Farnborough
Arch rivals Airbus and Boeing are locked in a battle for orders at this week’s Farnborough Airshow, as the airline industry lifts off again after a two-year slump. Emirates has placed a $9.1bn order for 30 Boeing 777-300ERs, whilst Airbus has also received an order for 51 A320 jets from Air Lease Corporation, worth $4.4bn.
Boeing prepares ground for Dreamliner delays
Just days ahead of its public launch, officials from Boeing have suggested its troubled Dreamliner aircraft may encounter further delays before it is delivered to carriers. All Nippon – the first airline scheduled to receive the aircraft – may now have to wait until early 2011.
Dreamliner finally ready for public bow
The oft delayed Boeing 787 Dreamliner will make its public debut at the Farnborough International Airshow later this month the manufacturer has confirmed. The plane will be on display to the public for two days and will showcase the American manufacturer’s latest seats, galleys and associated cabin safety and comfort systems.
WTO brands Airbus subsidy illegal
The World Trade Organisation has ruled subsidies from European governments to airplane manufacturer Airbus are illegal. The decision – the latest twist in a six year courtroom saga – was made public earlier and declares European launch aid subsidies used by Airbus to develop its commercial airplanes must end.
Boeing and FAA to Team for Cleaner Skies, Quieter Airplanes
The Boeing Company (NYSE: BA) and the U.S. Federal Aviation Administration announced today that they will work together to speed the development and application of environmentally progressive technologies for cleaner and quieter jet aircraft.
Boeing completes first flight of GE-Powered 787
The first Boeing 787 Dreamliner with General Electric (GE) engines, the airplane referred to as ZA005, completed its first flight at 6:29 p.m. (Pacific time) today, following a 3-hour-and-48-minute flight over the state of Washington.
Boeing 737 production rate Increases to 35 per month
Boeing today announced a second production rate increase on the Next-Generation 737 program, taking the rate from the previously announced 34 airplanes per month to 35 in early 2012.