European plane-maker Airbus is forecasting a faster-than-expected recovery in the aircraft industry. It says the world will need $3.2 trillion in new passenger and freighter aircraft over the next 20 years. That figure translates to nearly 26,000 planes. Get the full story »
EADS
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No quick decision in Boeing 737 engine debate
The waiting game is about to go into extra innings for the aviation world as Boeing Co. grapples with a tough decision on how to update its hot-selling single-aisle airplane, the 737.
Experts say an announcement on Wednesday by Boeing’s rival Airbus that it would update its competing A320 jetliner with a new engine starting in 2016 gives Boeing plenty of time to assess market needs and its own engineering capabilities. Get the full story »
Airbus to revamp aviation’s A320 workhorse
An Airbus employee works on the electrical wiring in a Airbus A320 aircraft at the Airbus SAS plant in Saint-Nazaire, France. (AP)
European planemaker Airbus plans to upgrade its best-selling A320 medium-haul jets from 2016 with new engines offering 15 percent fuel savings, as it fends off upstart competitors.
Airbus said on Wednesday it would invest just over $1.3 billion in the “A320neo” project to improve efficiency and cut harmful emissions and noise. Get the full story »
Nov. 22, 2010 at 7:25 p.m.
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Filed under: Airplanes, Defense, Development, Government, Transportation Pentagon: ‘Clerical error’ won’t hurt tanker bid
Bloomberg | Chicago-based Boeing Co. and European Aeronautic, Defense and Space Co. shouldn’t see any significant fallout from a “clerical error” releasing some data on their bids for a $35 billion aerial tanker program, the Defense Department said. The Air Force disclosed Nov. 19 that the service mistakenly provided Boeing and EADS with “a limited amount” of data on the offers that are now under government review.
WTO expected to rule Boeing got illegal U.S. help
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 »
Sep. 14, 2010 at 9:19 a.m.
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Filed under: Airplanes, Defense, International, Manufacturing EADS open to adjusting U.S. tanker bid
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 »
Date for Air Force tanker deal more in flux
The target date for the much-delayed award of a possible $50 billion U.S. Air Force refueling-plane deal just got murkier and potentially more politicized.
No longer is mid-November necessarily the moment of truth in the rematch pitting Chicago-based Boeing Co. against its European rival, Airbus parent EADS. Get the full story »
Boeing gets order for four 737s, loses a 777 order
Boeing Co said Thursday it took orders for four 737 narrowbody planes and lost one order for a 777 in the week ended Aug. 17.
Boeing, the world’s second largest commercial planemaker after EADS unit Airbus, said its net orders for 2010 so far number 258 compared with 142 commercial plane orders in 2009. Get the full story »
Dubai leasing firm slashes Airbus order
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 »
Virgin America to fly from Chicago next year
Sir Richard Branson’s Virgin America is again planning to enter the Chicago market. Doing so would enable travelers to connect to Virgin Atlantic, pictured here at its 2007 O'Hare debut. (Charles Cherney/Chicago Tribune)
Virgin America plans to wing its way into Chicago’s O’Hare International Airport next year, part of an aggressive expansion that could triple the low-cost carrier’s size by 2016.
Virgin intends to challenge the duopoly held by American and United Airlines on direct flights from O’Hare to Los Angeles International Airport and San Francisco International, flights popular with business travelers and, on occasion, movie stars.
San Francisco-based Virgin, founded in 2007, has quickly won a rabid fan base for its mood lighting and edgy customer amenities. All of its aircraft are outfitted with high-speed Internet connections, while its recently upgraded inflight menu includes less traditional items like tapas plates. Get the full story »
Boeing announces $13B in new orders
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 »
EADS offer lower prices in tanker bid
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 8, 2010 at 3:20 p.m.
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Filed under: Airlines, Defense, International, Manufacturing, Policy, Politics Boeing a front-runner again for tanker contract
Boeing Co. once again finds itself as the front-runner as Friday’s deadline approaches for submitting proposals for aerial refueling tankers, one of the largest and most controversial contests overseen by the Pentagon.
Although the latest contest hasn’t formally begun, Boeing and its primary competitor, EADS North America Inc., are jockeying for position and exchanging shots over which company’s tanker is the superior entry for the initial $35-billion contract. Their supporters, meanwhile, are wrangling over whether a long-running trade dispute between the U.S. and European Union should also influence the contest’s outcome.
Getting an early jump into the race, EADS submitted its 8,000-page tanker proposal on Thursday. Boeing intends to follow suit early Friday morning, said Boeing spokesman William Barksdale. Get the full story »
EADS makes bid on $35B Air Force tanker contract
Airbus parent EADS has submitted a bid to supply refueling tankers to the U.S. Air Force, the company said Thursday.
“We’re proud of our offering, which is the only one in this competition that is flying and refueling the full array of receiver aircraft,” EADS North America Chairman Ralph Crosby said in a statement. Get the full story »
WTO ruling against Airbus may help Boeing tanker
A B-2 bomber gets refueled over the Pacific. (AP Photo/Master Sgt. Mark Sindiong.)
From Business Week | The WTO’s ruling Wednesday that European governments provided illegal subsidies to Airbus SAS, may make it easier for Congress to select Boeing Co.’s bid in the long-running fight for a $35 billion contract to build refueling tanker for the U.S. Air Force, some analysts have said.
