China Southern Snubs Boeing, Buys 10 Wide-Body Jets From Airbus
China Southern Airlines announced Wednesday morning that it had signed an agreement with Airbus to purchase 10 A330-300 airplanes that carry a list price of about $227.4 million each.
China Southern Airlines announced Wednesday morning that it had signed an agreement with Airbus to purchase 10 A330-300 airplanes that carry a list price of about $227.4 million each.
Arizona Senator John McCain had argued long and loud about restricting federal contracts to companies that use Russian-built rocket engines in their launch vehicles.
Amazon reportedly has been running a trial delivery service out of Wilmington, Ohio. Such a service would put Amazon in direct competition with FedEx and UPS.
Congress agreed early Friday on a $1.15 trillion federal budget for 2016, and about half the total spending was marked for the Department of Defense.
Boeing shares, which had bounced higher based on announced commitments and sales worth around $11 billion, fell after a tweet from Delta CEO Richard Anderson.
On Wednesday, Delta Air Lines said it will acquire 20 Boeing's 737-900ER passenger jets.
In just the first two days of this week, Boeing has announced a purchase of new 737s, a big boost to its annual dividend and an increase in its share buyback program.
On Tuesday the Government Accountability Office dismissed Lockheed's protest of the JLTV contract with Oshkosh.
The latest dividend hike by Boeing should not be a shock that it happened. What should be a surprise is how much Boeing raised its dividend — by a sharp 20%.
On Monday Airbus said that Deutsche Lufthansa would replace Qatar Airways as the launch customer for the new A320neo passenger jet.
Most of the 787 Dreamliners that have been delivered to customers suffer from a software glitch that has caused at least five of the planes to report erroneous location data to air traffic control.
At a meeting sponsored by aircraft appraiser International Bureau of Aviation, some 150 attendees talked over what might be happening in the market for wide-body, dual-aisle, twin-engine passenger jets.
The 2017 defense budget is about $15 billion less than the Pentagon had planned on, and the generals and admirals are busy now trying to sort out what to keep and what to let…
Aircraft maker Airbus Group announced on Monday that it has taken net new orders for 1,007 passenger airplanes through the end of November.
The first flight of the 737 Max is scheduled for early in 2016, and first delivery is set for the third quarter of 2017 to launch customer Southwest Airlines.