Posts Tagged ‘Boeing’
Dark Clouds over Boeing Max at airline summit due to Trade war
Trade war, fuel, and Boeing Max cloud airline summit By Heekyong Yang and Tracy Rucinski Global airlines are meeting under a storm pattern of trade tensions, rising oil prices and a two-month-old grounding of the Boeing Co 737 Max jetliner — threatening to put a halt to five years of strong profits in the cut-throat…
Read MoreBoeing and Embraer have much to gain from tie-up: OPINION
A combination of Boeing and Embraer would make a powerful team in commercial aviation, deepen a potentially disruptive alliance with Saab in the defence market, and could upset the business aviation status quo. It remains unclear what level of combination is under discussion after the two parties acknowledged ongoing discussions on 21 December. But it…
Read MoreBoeing Forecasts Stable Growth, Diversified Funding in 2018
According to a Boeing forecast, the plane-maker anticipates diverse markets and participants will continue the upward trend in availability of efficient financing for record new aircraft deliveries in the next year. Boeing says approximately $139 billion in new aircraft funding will be needed in 2018, up $17 billion from 2017. Innovations in aircraft finance will…
Read MoreBoeing boosts Southeast Asia order forecast on strong demand
Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible. Boeing sees demand for 4,210 new airplanes worth $650 billion in Southeast Asia over the next two decades, based on an estimate of…
Read MoreBoeing to boost production rate for 787
Boeing will build 14 787s per month – or 168 per year – starting in 2019, says Boeing chief executive, chairman and president Dennis Muilenburg. “Based on the existing campaigns… we’re confirming now that we’re going to 14 a month production rate in 2019,” Muilenburg said at the Morgan Stanley Industrials conference. The rate increase…
Read MoreUS House voted to block aircraft sales to Iran
The US House of Representatives has voted in favor of new measures that block sales of commercial aircraft to Iran, ignoring some lawmakers’ warnings that the hostile move would undermine the 2015 nuclear agreement between the Islamic Republic and the six world powers. The lawmakers held a voice vote on Wednesday to adopt two amendments…
Read MoreEmirates shelves plan for lots new Airbus or Boeing Planes
Emirates President and CEO, Tim Clark, said that a long planned order for either the Boeing 787 or Airbus A350 is “off the table for now”. This order has been up in lights for at least three years, and even talked up by the airline as recently as this June. The smaller Airbus or Boeing…
Read MoreBoeing Bets China Will Need $1.1 Trillion in Planes Over Next 20 Years
China will need 7,240 new planes valued at about $1.1 trillion Narrow body planes will account for majority of new demand Boeing Co. raised its 20-year forecast for aircraft demand in China as economic growth and an expanding middle class spur travel in the world’s most-populous nation. China will need 7,240 new planes valued at…
Read MoreAirbus Moves Ahead of Boeing on Russian Fleet Size
The only foreign manufacturer to bring a passenger jet to the June 18 to 23 MAKS 2017 airshow outside Moscow, Airbus made use of the event in Zhukovsky to commit a public relations strike on Boeing by declaring that the size of its Russian fleet has surpassed that of its competitor. Vice president Chris Buckley…
Read MoreAirbus, Boeing – June 2017 aircraft orders & deliveries
Boeing and Airbus delivered 75 and 64 commercial jets in June 2017, respectively, compared to 74 and 64 during the same month last year. This year to date, Boeing has delivered 352 jets (375 by this time last year), while Airbus has delivered 306 (298 in 2016). In 2016, Boeing delivered 748 jets (762 in…
Read MoreAirbus concedes defeat to Boeing in Paris order race
Boeing MAX 10 Separately, another Chinese carrier, Donghai Airlines, opted to convert an earlier order for 10 smaller Max jets to 10 Max 10s, as did Malaysia Airlines, while Panama’s Copa Airlines converted an order for 15. Aercap now has 100 737 MAX airplanes on order. Delta announced Tuesday at 8:33 a.m. ET that it…
Read MoreBoeing lifts 20-year industry demand forecast
Boeing lifts 20-year industry demand forecast A day after Boeing formally launched the MAX 10, the largest member of the new single-aisle jet family seating up to 230 passengers, it announced a further 153 orders for the airplane. A similar plane is the rival Airbus‘ A330neo but Delaney said Boeing‘s jet could cut flying costs…
Read MoreBoeing Announces Study for Self-Flying Airliners
Boeing has announced that it is going to begin studying autonomous flying technologies that could eventually be implemented in passenger airliners, according to Reuters . “The basic building blocks of the technology clearly are available,” said Mike Sinnett, Boeing‘s vice president of product development. The announcement comes a week and a half before the annual…
Read MoreBoeing, Airbus Bolster Narrowbody Backlogs with New Sales
Boeing and Airbus each capitalized on the continued robustness of global narrowbody demand on Thursday, with a pair of big orders for members of their respective single-aisle families. Boeing’s contract with Riga, Latvia-based low-fare airline Primera Air calls for a firm order for eight 737 Max 9s to accompany a lease deal involving Air Lease…
Read MoreWorld will need 39,620 new aircraft over next 20 years, Boeing says
Boeing Commercial Airplanes has predicted that the global aviation industry will grow quickly, with demand for new aircraft over the next 20 years reaching 39,620 units and with Asia the fastest-growing market. The US-based company says its extensive product portfolio remains Boeing’s key competitive advantage. Randy Tinseth, Boeing Commercial Airplanes vice president for marketing, said…
Read MoreBoeing’s Export-Import Bank subsidies targeted in battle over House tax plan
Opponents of the House Republican plan to adjust corporate taxes at the border are targeting a familiar conservative target in the industry lobbying battle: The financing Boeing receives from the Export-Import Bank. Americans for Affordable Products, a coalition of retailers and other importers created to fight the House GOP’s proposed import tax, on Tuesday promoted…
Read MoreThe hybrid plane : Boeing and JetBlue back hybrid-electric craft
Boeing and JetBlue have turned their sights to hybrid-electric planes. The two aviation giants revealed this week that they are investing in a little-known company called Zunum Aero , a startup developing alternative propulsion aircraft. Zunum is working to build 10-50 seat planes that ‘sip fuel only when they have to,’ and the firm claims…
Read MoreAirbus, Boeing close in on Qantas’ ultra-long haul dream
Both Airbus and Boeing now offer aircraft that appear capable of flying non-stop commercial flights from Sydney to London – the “Holy Grail” for Australian carrier Qantas Airways Ltd . As long as oil prices don’t go much higher than around $70 per barrel, the 20-hour flight can be financially viable, and could be on…
Read MoreBoeing and Airbus Debut New Airliners With First Flights on the Same Day
The maiden flights for both the Boeing 787-10 and the Airbus A319neo were carried out Friday, March 31. The two airplanes are the newest members of the 787 family for Boeing and the A320neo family for Airbus. The two aircraft manufacturers both cite efficiency as their primary reason for building the new planes, but these…
Read MoreIran seals new plane purchase deal with Boeing
Iran’s Aseman Airlines has signed an agreement with Boeing for buying 60 twinjet narrow-body passenger planes from the US aviation giant. (Photo by Aseman Airlines) Iran has signed a new agreement with US aviation giant Boeing for buying dozens of the company’s twinjet narrow-body passenger planes. The agreement involves the purchase of 30 Boeing 737…
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