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Business Group Sues Illinois For Sanctions Against Sudan
AHN
The National Foreign Trade Council sues Illinois, saying sanctions the state imposed against Sudan are unconstitutional. Businesses that are part of the NFTC include Boeing Co., Caterpillar Inc., Chevron Corp., Exxon Mobil Corp., Microsoft Corp., Ford Motor Co., General Motors Corp. and...
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US airlines raise fares
YAHOO
Reuters - U.S. airlines raised fares by up to
$10 one-way for tickets geared at business travelers, taking
advantage of robust demand at the tail end of the peak summer
travel season.
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Safety a concern as drones catch on
YAHOO
USATODAY.com - Crashes of unmanned aircraft flying over the USA are worrying pilots and some lawmakers that the rapid growth of drones threatens safety on the ground and in the skies. Manufacturers say UAVs, some as large as a Boeing 737, will be as safe as other aircraft. But critics say recent accidents underline the need for caution.
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Boeing vows better ethics
YAHOO
Reuters - Boeing Co. Chief Executive
James McNerney told lawmakers on Tuesday he was determined to
build "one of the most robust ethics and compliance programs in
corporate America" after paying $615 million to settle two
high-profile criminal investigations.
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Navy Awards $44.3 Million Contract To Boeing Co.
AHN
The U.S. Navy awards a $44.3 million contract to Boeing Co. for 28 missiles. Ten of the missiles will go to Chile and Pakistan; Four are intended for Canada, and two will go to Australia and Malaysia. The contract is a modified version of one that was awarded to McDonnell Douglas for 28 Harpoon...
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Boeing Reports Massive Q2 Loss
AHN
Boeing Co. on Wednesday reported a $160 million loss for the second quarter as it took $1.1 billion in charges to settle government investigations into its defense unit and to cover the costs of delayed surveillance aircraft. The company, however, raised its estimate for 2007 on the back of...
Sources: AHN
Boeing reports loss after legal settlement
YAHOO
Reuters - Boeing Co. on Wednesday
reported a quarterly loss as it took $1.1 billion of charges to
settle government investigations into its defense unit and to
cover the costs of delayed surveillance aircraft.
Sources: YAHOO
Wall Street seen opening mixed
YAHOO
Reuters - U.S. stocks futures pointed to a
mixed Wall Street opening on Wednesday amid a flood of expected
earnings with car giant General Motors and plane maker
Boeing taking center stage.
Sources: YAHOO
US trying to tilt aircraft talks Boeing's way: EU
YAHOO
Reuters - European Union trade chief Peter
Mandelson said the United States was trying to give Boeing an
advantage in possible talks to resolve a row with European
plane maker Airbus over state subsidies.
Sources: YAHOO
Airbus, Boeing clash over jumbo freighters
YAHOO
Reuters - Forget about extra-wide seats and
luxury frills, the battle is on to sell freight versions of the
world's largest passenger planes to oil the wheels of
globalization.
Sources: YAHOO
Sources: AHN
Airbus unveils new A350, Boeing trumpets orders at Farnborough
YAHOO
AFP - European plane maker Airbus has showcased its revamped A350 passenger jet and US rival Boeing revealed new orders as they went head-to-head at the Farnborough International Airshow.
Sources: YAHOO
Airbus announces A350 redesign
YAHOO
AP - Airbus, reeling from a management shakeup that followed delays in its flagship superjumbo jet program, unveiled a long-awaited revamp of its mid-sized A350 on Monday.
Sources: YAHOO
Airbus to unveil $10 bln new jets plan
YAHOO
Reuters - Airbus is set to announce
a new range of mid-sized airliners on Monday as it steps up its
battle with rival Boeing Co. , which has pulled away in
the race for new plane orders.
Sources: YAHOO
Airbus in spotlight at start of Britain's Farnborough Airshow
YAHOO
AFP - European plane maker Airbus, looking to restore credibility after an internal crisis that could benefit US rival Boeing, is set to unveil new design plans for its troubled long-haul A350 passenger jet.
Sources: YAHOO
Boeing acknowledges 787 problems
YAHOO
AP - Boeing's 787 Dreamliner is overweight and experiencing delays with some suppliers, the company said Sunday, while stressing that the long-range, fuel-efficient jet remains on budget and on schedule.
Sources: YAHOO
Boeing says some areas late on 787 program
YAHOO
Reuters - Boeing Co.'s head of commercial
planes said on Sunday some areas of its fast-selling 787
Dreamliner are behind schedule, but that should not push back
the new lightweight mid-sized plane's entry into service
scheduled for 2008.
Sources: YAHOO
Airbus to unveil $10 bln new jets plan: EADS
YAHOO
Reuters - Airbus and parent firm EADS have
confirmed the planemaker will unveil plans this week for a new
range of mid-sized airliners as well as a freighter model
designed to catch surging rival Boeing Co. .
Sources: YAHOO
Airbus looks for better news at Farnborough Airshow
YAHOO
AFP - The aerospace industry will be in sharp focus next week when one of its biggest shows opens near London on Monday amid a crisis at the European group Airbus that has helped boost the standing of US rival Boeing.
Sources: YAHOO
Plane market 'to see huge growth'
BBC
Airlines will pump up to $2.6 trillion into buying new planes over the next 20 years, Boeing predicts.
Sources: BBC
Boeing Envisions $2.6 Trillion Jet Market Over 20 Years
AHN
Boeing Co. says Wednesday that it expects a $2.6 trillion market for new commercial airplanes by 2025. The aircraft maker estimated that requirement of an approximately 27,200 new passenger and freighter aircrafts will double the world fleet in next twenty years; of which 36 percent will be...
Sources: AHN
EADS says underestimated Boeing, seeks Airbus fix
YAHOO
Reuters - The co-head of European
aerospace firm EADS admitted its Airbus unit had
clearly underestimated archrival Boeing and said the
priority was to fix problems at Airbus, which is trailing its
U.S. competitor in aircraft sales.
Sources: YAHOO
EADS, Airbus managers take controls, must now battle Boeing
YAHOO
AFP - New executives at EADS and Airbus vowed to get to the heart of problems at the European aerospace group and its troubled aircraft unit as it struggles in the slipstream of arch US rival Boeing.
Sources: YAHOO
Sources: AHN
EADS, Airbus managers take controls in battle with Boeing
YAHOO
AFP - New executives at EADS and Airbus face corporate decisions that could spell the difference between keeping up with arch US rival Boeing or falling far behind in the market for civilian airliners.
Sources: YAHOO
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