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…
In yet another move designed to get the European Union to eliminate the carbon emissions fee it charges airlines using EU airports, the government of China is withholding approval of an order…
Paul Ausick US low-priced air carrier Spirit Airlines Inc. (NASDAQ: SAVE) has ordered 75 new planes from the European Aeronautic Defense and Space Co. (OTC: EADSY), makers of the Airbus family of planes. The…
The discovery of small cracks in a bracket that attaches the wing frame to the outer skin of the Airbus A380 is now leading to an inspection of about one-third of the…
Paul Ausick It’s going to cost more to buy a new airplane from the European Aeronautic Defense and Space Co. (OTC: EADSY) — an average of 3.9% more. For customers of the company’s latest…
Boeing Co. (NYSE: BA) took orders for 805 new airplanes in 2011. Its main competitor, European Aeronautic Defence and Space Company (OTC: EADSY), makers of the Airbus, took new orders for 1,419…
For all its struggles with new airplanes, Boeing Co. (NYSE: BA) put up some pretty big numbers for the third quarter. The company’s EPS of $1.46, sharply above the consensus estimate of…
The Boeing Co.Boeing Co. (NYSE: BA) announced yesterday that an order for 24 of the company’s new 787 Dreamliners was cancelled by China Eastern Airlines Corp. (NYSE: CEA). A company spokesman also…
Today’s ratings news leads off with the downgrade by Moody’s of six Greek banks, including National Bank of Greece (NYSE: NBG). All six were lowered from ‘B3’ to ‘Caa2’. Anyone who is…
Debt and credit rating agencies made a number of changes yesterday, led by the downgrade of Italian sovereign debt by Standard & Poor’s. The agencies also issued changes to debt ratings for…
Orders for new airplanes have been coming relatively thick and fast since June’s Paris Air Show. The two major manufacturers, Boeing Co. (NYSE: BA) and European Aeronautic Defense & Space Co. (OTC:…
Just a few months before Air India merged with Indian Air in early 2007, each carrier placed significant orders with Boeing Co. (NYSE: BA) and Airbus maker European Aeronautic Defense & Space…
The market for commercial airplanes in China is set to explode. At least that’s the prediction from a senior official at Boeing Co. (NYSE: BA), who has predicted that over the next…
