Aug. 9, 2010 at 8:30 a.m.
Filed under:
Airlines,
Airplanes
By Reuters
The U.S. Federal Aviation Administration has proposed mandatory fixes to Boeing 747-400 airliners to ensure that concerns about potentially hazardous takeoffs are addressed, the Wall Street Journal said.
The U.S. air-safety regulator, last week, moved to require certain engine-related wiring changes to Boeing Co.’s model, the paper said. According to the agency, the fixes are necessary to avoid potentially dangerous retraction of flaps, or panels that deploy from the wings to provide extra lift during takeoffs. Get the full story »
By Associated Press
An aircraft-leasing company in the United Arab Emirates has canceled orders for dozens of planes from Boeing Co. and Airbus. Dubai Aerospace Enterprise canceled 25 orders in the past month at Boeing, including 15 for the company’s new 787 jet. And Europe’s Airbus disclosed on its website Friday that Dubai Aerospace cut 25 planes from its orders at the European company, including 18 orders for the medium-range A320 and seven for the long-range A350.
Aug. 6, 2010 at 10:36 a.m.
Filed under:
Defense,
Manufacturing,
Telecommunications
By Los Angeles Times
Boeing Co.’s satellite-making operation in El Segundo got a boost Friday, announcing that it won a contract potentially worth about $600 million to build satellites for British telecommunications giant Inmarsat.
Aug. 6, 2010 at 10:10 a.m.
Filed under:
Airplanes,
International,
Manufacturing
By Reuters
Europe’s Airbus said on Friday it had more than doubled its tally of 2010 orders due to a bumper Farnborough Airshow, however the pick-up was marred by $3 billion in canceled orders from Dubai Aerospace Enterprise. Get the full story »
Aug. 2, 2010 at 4:53 p.m.
Filed under:
Jobs/employment,
Manufacturing,
Updated
By Associated Press
The Boeing Co. says it is relocating two programs from Long Beach, Calif., to Oklahoma City, a move expected to bring 550 engineering jobs to the state. Boeing is moving its C-130 Avionics Modernization program to Oklahoma City beginning in the first quarter of 2011. The move of the B-1 program is expected toward the end of 2012.
July 28, 2010 at 11:36 a.m.
Filed under:
Airplanes,
Earnings,
Updated
By Julie Johnsson
Boeing Co. is feeling the squeeze as the Obama Administration pares military spending and the Chicago-based defense contractor is mulling layoffs and other measures to reduce its costs, Boeing CEO Jim McNerney told analysts Wednesday.
Boeing’s second quarter net income and revenues dipped as the aerospace manufacturer delivered fewer airplanes and encountered defense-spending constraints.
Chicago-based Boeing reported a net income of $787 million, down 21 percent from the year ago period, on revenues of $15.6 billion, which declined 9 percent. Although Boeing’s earnings per share of $1.06 were down 25 percent from the prior-year period, they still topped the $1.02 that analysts had estimated. Get the full story »
July 28, 2010 at 8:04 a.m.
Filed under:
Economy,
Manufacturing
By Reuters
New orders for long-lasting U.S. manufactured goods unexpectedly fell for a second straight month in June, posting their largest decline since August, according to a government report Wednesday that was further evidence economic growth cooled in the second quarter.
The Commerce Department said durable goods orders fell 1.0 percent after a revised 0.8 percent drop in May. Get the full story »
July 21, 2010 at 2:23 p.m.
Filed under:
Seattle Post-Intelligencer
After finding structural cracks on at least two Boeing 767s, the Federal Aviation Administration said Wednesday U.S. operators of 138 Boeing 767 airliners must inspect engine pylons more frequently.
By Julie Johnsson
The European Union plans on Wednesday appealed a World Trade Organization ruling that Airbus SAS received $20 billion in illegal government subsidies that unfairly tilted the global aircraft market — to the detriment of Chicago-based Boeing Co. The appeal had been widely expected, and will likely prolong the already long-running dispute between the E.U. and U.S. over government funding to planemakers Airbus and Boeing. Get the full story »
July 20, 2010 at 10:11 a.m.
Filed under:
Airlines,
Defense,
Internet,
Manufacturing,
Technology
By Reuters
Boeing Co. has won U.S. antitrust approval to buy defense manufacturer Argon ST Inc , the Federal Trade Commission said Tuesday.
Boeing said in early June that it would buy Argon for about $775 million to beef up its capabilities in sensors, communications technologies and information management. Get the full story »
July 19, 2010 at 12:22 p.m.
Filed under:
Airplanes,
Airports,
Updated
By Julie Johnsson
Boeing CEO James McNerney in front of a 787 which made its international debut at Farnsworth. (Reuters)
Planemaker Boeing Co. unveiled $13 billion in new aircraft orders during the first day of the Farnborough International Airshow, besting the $9 billion in orders reported by rival Airbus SAS as thousands of airplane suppliers and buyers gathered at the largest aerospace trade event of the year.
The flurry of aircraft orders came after two lean years for aircraft manufacturers Chicago-based Boeing and France-based Airbus and signaled that a rebound in the global airline market is well under way.
“The market is clearly coming back and I feel very confident about how we are positioned to regain — and retain — leadership in this business,” Jim Albaugh, CEO of Boeing’s commercial airplane business, told reporters Monday. Get the full story »
July 15, 2010 at 11:36 a.m.
Filed under:
Airlines,
Airplanes,
Design
By Reuters
A Boeing 787 prepares for its first test flight in December. (AP)
Boeing Co said Thursday that issues raised in its 787 Dreamliner flight tests could delay first delivery of the long-awaited carbon-composite aircraft into the first part of 2011, but the company also expects an uptick in new plane demand over the next two decades. Get the full story »
July 12, 2010 at 5:35 a.m.
Filed under:
Airplanes,
Design,
Government
By Dow Jones Newswires
European Aeronautic Defence & Space Co. will offer prices below its previous ones in order to win a contract to provide the U.S. Air Force with new aerial refueling tankers, German daily Financial Times Deutschland reports Monday, citing industry sources. Get the full story »
July 9, 2010 at 5:06 p.m.
Filed under:
Airlines,
Regulations
From Bloomberg | The Federal Aviation Administration said today that U.S. airlines flying Boeing Co. 757, 767 and 777 aircraft must inspect or replace the cockpit windows after 11 reports of fires tied to electrical wiring in the past two decades.
July 9, 2010 at 6:46 a.m.
Filed under:
By Tribune staff report
Boeing said it would give the 787 Dreamliner its international debut, and show several unmanned aircraft this month at the Farnborough International Airshow outside London. Get the full story »
