The repair problems that Airbus faces for its A380 superjumbo are far from over. The manufacturer’s executive vice president, Tom Williams, told Der Spiegel that “The problem will keep us busy for years.”…
The cracked wing problems which Airbus faces on its A 380 super-jumbo are just beginning. The manufacturer’s vice president Tom Williams told Spiegel that “The problem will keep us busy for years.” He estimates the total costs of…
Douglas A. McIntyre CIA World FactbookThe Indian government claims that Boeing (NYSE: BA) owes it $500 million for the late delivery of planes. The aircraft in question is the Boeing 787 Dreamliner, which was delayed at…
Douglas A. McIntyre RealtyTrac says foreclosure notices rose last month. (Reuters) The U.S. and UK discuss releasing strategic oil reserves to bring down fuel prices. (Reuters) Volcker says new inflation would be harmful to the…
Last Friday, President Obama pointed to the improving labor market as a sign the economy is recovering. According to the jobs report released last week, companies hired more than 200,000 workers for…
The World Trade Organization (WTO) has upheld a lower panel’s ruling that Boeing Co. (NYSE: BA) received illegal subsidies and payments from US local, state, and federal governments amounting to several billion…
China’s ambassador to the European Union has said that he believes it “makes sense” for the Chinese government to delay signing orders for new Airbus aircraft from the European Aeronautic Defence and…
In the first two months of 2012, the Boeing Co. (NYSE: BA) has sold a net 385 new aircraft compared with just a net total of 91 for the Airbus unit of…
Two brand new planes — the Boeing (NYSE: BA) 787 Dreamliner and Airbus super jumbo A380 — have developed cracks. It is an extraordinary piece of news, given the years it took to design, build…
Douglas A. McIntyre The Fed is unlikely to act with bond purchases if February unemployment figures are good. (Reuters) Low inflation in China could drive banks there to ease capital requirements to increase credit access.…
US aircraft maker Boeing Co. (NYSE: BA) has agreed to work with China’s Commercial Aircraft Corp. of China, known as Comac, on developing fuel-efficient technologies in aviation. Early last fall, Boeing predicted…
Paul Ausick The National Sleep Foundation has just released a research report that says: About one-fourth of train operators (26%) and pilots (23%) admit that sleepiness has affected their job performance at least once…
Douglas A. McIntyre Courtesy of 20th Century FoxGlobal sales of arms and military services by the 100 largest defense contractors increased in 2010 to $411.1 billion, according to the Stockholm International Peace Research Institute. The…
A panel suggests that Vivus diet drug Qnexa be approved by the FDA. (Reuters) Japan may cut crude oil imports from Iran by 20%. (Reuters) Poor results cause shares of Hewlett-Packard (NYSE: HPQ)…
About two weeks ago, Boeing Co. (NYSE: BA) revealed that one of the first of the company’s 787 Dreamliners shipped to All Nippon Airways had developed a de-lamination problem in the fuselage…
Paul Ausick 