Boeing News
Boeing criticises Airbus financial aid
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 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.