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Airlines appeared on a potential collision course with regulators on Friday over the cost of carrying out proposed checks on over 100,000 passenger seats in the wake of a row over questionable safety data.
U.S. and European safety agencies said on Thursday they were proposing mandatory checks on Koito-manufactured seats, estimated to affect 150,000 seats on 1,000 mainly Airbus and Boeing planes. Get the full story »
New orders for long-lasting U.S. manufactured goods fell more than expected in August to post their largest decline in a year as bookings for aircraft and motor vehicles tumbled, but business spending rebounded strongly, a government report showed on Friday. Get the full story »
India may sign a $3.5 billion deal to buy 10 of Boeing Co’s BA.N C-17 Globemaster III aircraft for its air force, the Economic Times reported on Wednesday. Get the full story »
A Russian state-owned company says it will buy 50 new Boeing 737 Next Generation airliners in a deal worth $3.7 billion. Get the full story »
Boeing Co. says it booked orders for 20 new aircraft in the last week, although it lost a few, too. The new orders include 15 new 737s. That jet is a workhorse and it dominates Boeing’s order book. Customers also ordered five new 777s, a larger plane often used on longer flights. None of the customers were identified.
Boeing Co. said Wednesday that it had a serious problem with one of the Rolls-Royce engines on one of its 787 Dreamliner test aircraft, requiring it to be replaced.
The plane manufacturer, whose carbon-composite 787 is already almost three years behind schedule, said it was too early to tell if the setback would delay the plane’s testing phase and eventual delivery date. Get the full story »
Boeing says the airline industry will need to hire more than one million workers over the next 20 years to prepare for a wave of 30,000 new aircraft.
The airlines will need to hire 466,650 pilots and 596,500 maintenance crew workers between 2010 and 2029, the aircraft maker said Thursday — that’s an average of 23,300 new pilots and 30,000 maintenance workers annually from now until 2029, the company said. Get the full story »
Boeing Co. received billions of dollars in illegal government subsidies, including $25 million in incentives that Illinois provided the plane maker to relocate its world headquarters to Chicago in 2001, a panel of the World Trade Organization determined.
The WTO report is confidential and was released to U.S. and European trade officials Wednesday. It is the first ruling in the second of dueling trade cases filed by the U.S. and European Union against each other last decade alleging that aircraft manufacturers had received unfair government support. Get the full story »
Boeing has lined up a space tourism company to sell seats on the spaceship it wants to build to fly to the International Space Station.
Boeing says it has a deal with Space Adventures to market seats on the flights. Space Adventures currently sells seats on trips to the space station aboard the Russian-built Soyuz spaceship.
The World Trade Organization is likely to rule Wednesday that Boeing Co. received some illegal subsidies from the U.S. government, said people familiar with the case, fueling the debate with European rival Airbus and opening the door to negotiations on state support to plane makers.
The preliminary, confidential WTO finding will come more than one year after the WTO ruled in a similar case that Airbus had benefited from illegal European subsidies. Get the full story »
The Boeing Co. rejected suggestions Tuesday that an imminent ruling by the world’s top trade court on allegations that the Chicago plane maker received billions in illegal subsidies should be tied to a similar case against its biggest rival Airbus.
The European company claims Boeing’s case before the World Trade Organization is key to resolving a wider dispute over government aid to aircraft manufacturers. Airbus was found by the Geneva tribunal to have gained an unfair advantage through billions in low-interest loans, infrastructure provisions and research and development grants. Get the full story »
European aerospace group EADS is open to adjusting the price of its refueling aircraft bid if the Air Force asks for final proposal changes, but will still see significant profit from the bid, the company’s U.S. chairman said on Tuesday.
The Air Force has been evaluating rival bids from EADS and Boeing in a competition valued at up to $50 billion, since July, with an eye to awarding a contract this fall. Get the full story »
B-17E Flying Fortress airplanes being built at Boeing's historic "Plant 2" being shuttered in Seattle. (Boeing)
The dilapidated factory that helped make Seattle a high-tech town is being demolished after 75 years, a casualty of time, technology and tails that grew too tall.
Boeing Co.’s Plant 2, a sprawling but outdated building, gave birth to some of the world’s most significant aircraft. It was the site of Seattle’s biggest disappearing act and a home to “Rosie the Riveter” — women who built thousands of World War II planes.
Boeing Co. said on Monday that it has begun long-term fatigue testing on its new 787, a three-year program meant to simulate the stresses of years of flying.
Air China Ltd. said it has agreed to buy four 777-300ER aircraft from Boeing for a total basic price of $1.15 billion to expand fleet capacity. Get the full story »
