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Airbus wins major Ethiopian order

Airbus wins major Ethiopian order

16 November 2009 Airline News

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 NZ secures aircraft deal

3 November 2009 Airline News

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 sees long, slow recovery

27 October 2009

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

Boeing leader in climate change disclosure

22 September 2009 Press Release Airline News

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

Boeing tips 2011 recovery

10 September 2009 Airline News

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

WTO poised to outlaw Airbus state aid

4 September 2009 Airline News

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

Dreamliner to fly by year’s end

28 August 2009 Airline News

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

Boeing sees light at end of tunnel

23 July 2009 Airline News

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

6 July 2009 Press Release Airline News

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

24 June 2009 Press Release Airline News

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

12 June 2009 Press Release Airline News

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.

Boeing braves unprecedented market

23 April 2009 Press Release Airline News

A radical cut-back in airline spending has forced Boeing to lose more aircraft orders than it gained over the first quarter of this year.Unveiling its first quarter results, the Seattle-based aerospace giant said that it received bookings for 28 aircraft but lost 32. Profits during the period halved to $610 million from $1.2 billion in the same period last year.