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Chinese Airlines Commit $20.7 Billion for Boeing Planes: Reuters

courtesy Boeing Co.In an exclusive report from Reuters Friday morning, sources say that Boeing Co. (NYSE: BA) has received commitments for about 200 of its yet-to-be delivered 737 MAX aircraft from several Chinese customers.…

Paul Ausick · 13 years ago

Boeing Raises Guidance, Shares Take Aim at New High

courtesy Boeing Co.The Boeing Co. (NYSE: BA) reported third-quarter 2013 results before markets opened Wednesday morning. For the quarter, the aerospace company posted adjusted diluted earnings per share (EPS) of $1.80 on revenues of…

Paul Ausick · 13 years ago

Boeing Slices 747 Production — Again

Courtesy of Boeing Co.For the second time this year The Boeing Co. (NYSE: BA) announced Friday that it will cut its production rate for the company’s venerable 747-8 jumbo jet. Production will be cut…

Paul Ausick · 13 years ago

Second Norwegian Dreamliner Goes Back to the Shop

courtesy Boeing Co.Norwegian Air Shuttle expects to get one of its two 787 Dreamliners back from Boeing Co. (NYSE: BA) late next week. Then the airline will send the second plane to Boeing as…

Paul Ausick · 13 years ago

Lockheed Martin and United Technologies Cut Layoff Plans

Courtesy Lockheed Martin Corp.Lockheed Martin Corp. (NYSE: LMT), the world’s largest defense contractor, had said on Friday that it would furlough some 3,000 employees as a result of the federal government shutdown. By Monday…

Paul Ausick · 13 years ago

JAL Picks Airbus and Shoots Down Boeing

Courtesy Boeing Co.In the largest single blow to Boeing Co.’s (NYSE: BA) plagued 787 Dreamliner, JAL, which has had trouble with the plane, moved a huge portion of its new plane orders to Airbus. The…

Douglas A. McIntyre · 13 years ago

Norwegian Air Returns Broken Dreamliner to Boeing

Courtesy Boeing Co.The Boeing Co. (NYSE: BA) 787 Dreamliner has broken off and on since the aircraft maker began work on the plane over a decade ago. The most well-publicized recent problem involved batteries…

Douglas A. McIntyre · 13 years ago

Polish Airlines Wants Boeing to Pay for Dreamliner Problems

The Boeing Co.Poland’s national airlines,LOT Polish Airlines ASA, has told The Boeing Co. (NYSE: BA) that the U.S. maker of the 787 Dreamliner has until the end of 2013 to settle damage claims related…

Paul Ausick · 13 years ago

787 Dreamliner Problem Grounds 5 Polish Planes

courtesy Boeing Co.In what seems like a never-ending stream of problems with The Boeing Co.’s (NYSE: BA) 787 Dreamliner, Polish flag-carrier LOT Polish Airlines ASA said on Wednesday that it was forced to ground…

Paul Ausick · 13 years ago

Aircraft Demand Growth Good News for Boeing, Airbus

courtesy Airbus S.A.By 2032, the current worldwide airplane fleet of 17,740 planes will nearly double to 36,560 aircraft. The dollar value of the new planes will exceed $4 trillion. The forecast comes from Airbus…

Paul Ausick · 13 years ago

Norwegian Airline Demands Better from Boeing Dreamliner

courtesy Boeing Co.Is this the fourth or the fifth technical problem that Norwegian Air Shuttle ASA has experienced with the two 787 Dreamliners it recently purchased? Hey, who’s counting? Well, Norwegian Air Shuttle is…

Paul Ausick · 13 years ago

Boeing Nabs Share of Lufthansa Order, but Can It Deliver?

Courtesy Boeing Co.Deutsche Lufthansa announced Thursday morning that it had ordered 59 new aircraft to replace existing planes in its fleet. The big order was split between Boeing Co. (NYSE: BA), which will provide…

Paul Ausick · 13 years ago