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The Air Force has again stumbled in the lucrative but long-drawn-out competition for air refueling tankers for which Airbus and Boeing are contending.
The Air Force told members of Congress on Friday that about two weeks ago it accidentally provided Chicago-based Boeing with detailed data on the Airbus bid, and vice versa. Get the full story »
Aircraft manufacturer Boeing Co.’s delays in readying its new 787 Dreamliner jumbo jet for delivery have been giving competitors an advantage, an executive for rival Airbus said Thursday.
“It’s true that all the delays with the 787 have helped us,” Airbus Senior Vice President for Latin America Rafael Alonso told reporters on the sidelines of an airline forum, noting the Airbus A330 as the main beneficiary. “In the case of the 787, we think their problems aren’t resolved yet, we don’t know how it’s going to continue developing.” Get the full story »
A seventh delay for the long-awaited Boeing Co 787 Dreamliner is all but assured, and the negative sentiment is priced into shares, analysts said Thursday.
Shares of Boeing, a component of the Dow Jones Industrial Average, were up 3.4 percent Thursday — partly erasing losses since an electrical fire last week forced it to halt Dreamliner test flights — but the stock was still down more than 6 percent since the Nov. 9 incident. Get the full story »
The U.S. Federal Aviation Administration plans to add Boeing Co.’s widely used 747 to the list of airplanes that must have their cockpit windows inspected or replaced because of the danger of an electrical fire, the Associated Press reported Thursday.
Franco-Dutch airline Air France-KLM said Wednesday it expects to place an order for about 100 new wide-bodied aircraft soon as it anticipates its capacity needs for the middle of this decade and beyond.
The airline is in negotiations with Boeing Co. and its European rival Airbus, and the talks should be completed in the coming weeks or months, Chief Financial Officer Philippe Calavia said on the sidelines of a press conference.
From Bloomberg | Boeing Co. may push back the 787 Dreamliner’s entry into service for the seventh time, adding as much as a year to the delay for the composite-plastic jet, Morgan Stanley said.
Boeing's long-delayed 787 Dreamliner takes to the sky at Paine Field in Everett, Washington, in this December 15, 2009 file photo. (Paul Joseph Brown/AFP/Getty Images)
Boeing Co. said Tuesday that it is still investigating last week’s electrical fire that forced an emergency landing of one of its 787 Dreamliner test planes and it has not yet decided when flight tests will resume.
The aviation industry is awaiting word on whether the fire will trigger another delay for first delivery of the light-weight, carbon-composite Dreamliner, which is still in development and nearly three years behind schedule.
Boeing has not updated its target for first delivery to Japan’s All Nippon Airways Co Ltd , which is planned for the middle of the first quarter of 2011. Get the full story »
Commercial aircraft manufacturers and airlines must take new steps to protect thousands of jets from serious structural fatigue as they age, according to a rule finalized Friday by U.S. aviation regulators.
The Federal Aviation Administration is requiring manufacturers, including industry leaders Boeing Co. and Airbus, a unit of Europe’s EADS, and airlines to intensify and streamline inspections of the metal skeleton and skin of aircraft. Get the full story »
Shares of Boeing Co. fell more than 2 percent in early trade Friday after Sanford C. Bernstein downgraded the stock on concerns about more potential delays for the high-profile 787 Dreamliner.
The program, already nearly three years behind schedule, could face more delays as the company probes the cause of an electrical fire that forced an emergency landing of a 787 test flight this week. Get the full story »
Two days after an in-flight fire aboard one of Boeing Co.’s new 787 Dreamliner aircraft, the company said the origin of the fire had been traced to insulation blanketing located underneath the cabin floor. Get the full story »
Boeing Co. said on Thursday it lost eight orders for 787 Dreamliners in the week that ended Nov. 9 but gained eight after the transfer of orders from one customer to another, leaving the order book for 787s basically unchanged.
Boeing had said on Sunday Kuwait-based leasing company ALAFCO had shifted orders for the eight Dreamliners to Saudi Arabian Airlines. Get the full story »
One test model Boeing 787 passes another on the tarmac before a flight from Boeing Field Wednesday, Oct. 27, 2010, in Seattle. (AP Photo/Elaine Thompson)
Chicago-based Boeing halted test flights of its long-delayed 787 Dreamliner on Wednesday, a day after smoke in the cockpit forced an emergency landing in Texas.
“We have decided to not fly the other airplanes until we better understand the incident,” said Boeing spokeswoman Loretta Gunter. “Whether this lasts all day or shorter or longer remains to be seen. The teams will focus on ground test objectives in the meantime.”
The incident, which involved a runway evacuation of those on board the flight, knocked shares 3.4 percent lower to $66.90 in early trade on the New York Stock Exchange as investors pondered the likelihood of another delay to the program, which is already nearly three years behind schedule. Get the full story »
A Boeing Co. 787 Dreamliner on Tuesday made an emergency landing in Laredo, Texas, after the crew reported smoke in the cabin during a test flight, according to the company and the Federal Aviation Administration.
The No. 2 plane of Boeing’s six-member test fleet was on a planned flight and routine approach to the Texas border city when a fire broke out in the rear of the cabin at about 2:50 p.m. local time. Get the full story »
Boeing Co. on Friday said it still plans to deliver its first long-delayed 787 Dreamliner in the first quarter of 2011.
The statement followed a report in Aviation Week, citing people familiar with the situation, saying the world’s second-largest plane maker has told some customers they could face delays of as much as 10 months.
Shares of Boeing fell more than 2 percent in after-hours trading on Friday after a published report said the plane maker has told several early customers of the 787 Dreamliner of more delivery delays. Get the full story »
