Boeing Co. plans to open its first ever European factory in Sheffield, northern England — delivering a vote of confidence in the U.K.’s manufacturing capabilities as the country prepares to exit the European Union.
Category: Boeing Aircraft
Boeing’s Charleston Plant Enters a New Age as It Turns Out the First 787-10
Boeing’s plant in Charleston, S.C., just had the most dramatic week in its history, a week that made it seem that the sky is the limit for the future of the five-year-old plant. On Feb. 15, plant workers voted overwhelming not to join the International Association of Machinists, seemingly reaffirming right-to-work South Carolina’s success in 2009 in luring Boeing here, far from the Washington workers who had built all of its legacy commercial aircraft for decades.
The economic reality behind the Boeing plane Trump showed off
Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events NORTH CHARLESTON, S.C. — President Trump visited a Boeing factory Friday to show off the company’s newest model of the 787 Dreamliner , the latest in a series of planes that experts describe as a marvel of aeronautical engineering. The fuel-efficient construction allows the newest model to fly from London to Cape Town, South Africa, without refueling – an extraordinary distance for a 330-passenger There is one number on which the Dreamliners are still coming up short, however: return on investment.
What’s On Our Radar: February 17, 2017
President Trump lambasted the media for over 70 minutes yesterday in his first solo press conference as President of the United States. He tore into the press corps, labeling some organizations as “fake news” and demanding fair treatment.
For Boeing Chief, How Cozy Is Too Cozy in Access to Trump
Few companies have been as successful as Boeing Co. in building a cozy relationship with President Donald Trump.
Trump’s Tweets Don’t Have Much Effect on Stock Market
Donald Trump’s tweet knocking Nordstrom coincided with the company’s stock’s best and most-traded day of the year. President Trump tweeted about two companies on Wednesday — one praising Intel , another knocking Nordstrom .
Boeing Wins $13.8B Singapore Airlines Order
Singapore Airlines announced a $13.8 billion order to buy 39 Boeing wide-body aircraft as it pursues expansion opportunities, a setback for the U.S. planemaker’s rival Airbus Group in the fight for long-term orders. Airbus Group has flagged its intention to build a bigger version of its A350, although these plans have been placed on hold amid uncertainty over demand for wide-body jets.
Your In-Flight Movie Screen Is Going Extinct
Book a domestic flight on any of the Big Three U.S. airlines, and you won’t be sure whether the seat in front of you has a screen. Some do, while most don’t.
Here’s the massive cargo jet Boeing uses to carry plane parts…
The Boeing 787 Dreamliner is a massive plane. However, its parts come from different places around the world.
Boeing Co. Investors Should Listen To This Company’s Outlook
Let’s take a look at what was said and what it means to the aviation industry and for Boeing. Management maintained the guidance it gave in October, so no surprises there.
Boeing Beats Earnings Estimates, Sees Stronger 2017 Plane Deliveries
Helped by the Dreamliner, Boeing posted much better-than-expected fourth-quarter earnings on Wednesday and said it expects to see solid plane deliveries in the coming year. Boeing said earnings for the three months ended in December came in at $2.47 a share, well ahead of the $2.35 a share expected by analysts and more than 50% higher than in the same period last year.
Boeing 737 and Airbus A320 Production Increases Are Coming — Even With Slowing Orders
Historically, commercial jet orders have been sharply cyclical, with boom times followed by big busts. In the past year or two, order activity has slowed significantly at Boeing This order slowdown has made many analysts skeptical that Boeing and Airbus will be able to implement planned production increases for their 737 and A320 narrowbody jet families.
Should You Buy an Airline Stock Which Nearly Doubled In 2016?
I don’t have a fear of flying, or a fear of heights, but I do have a fear of buying stocks that have flown extremely high during the previous 12 months. In 2016, many airline carriers’ shares booked quite modest gains, but not Panama-based Copa Holdings, S.A. , which operates subsidiaries Copa Airlines and Copa Columbia, and flies primarily in Latin America and the United States.
United Airlines Can’t Get Rid of the Boeing 747 Fast Enough
United Airlines has been flying one version or another of Boeing’s iconic jumbo jet since 1970. However, United’s management recently decided to accelerate the retirement of the carrier’s remaining 747s for the second time in less than a year.
Boeing Scores a $22 Billion Win in Market Dominated by Airbus
Boeing Co. won a $22 billion deal from an Indian budget carrier, pulling off a feat in a single-aisle market ruled by its European rival Airbus SE.
This Airline Stock Surged 61% in 2016: Is There Room to Run in 2017?
Shares of Hawaiian Airlines’ parent company rose 61% during 2016, according to data from S&P Global Market Intelligence . Hawaiian’s massive gains were well deserved, as it posted the best unit revenue results in the U.S. airline industry for most of the year.
Boeing Said Near $10.1 Billion Order to Expand Toehold in India
Indian budget airline SpiceJet Ltd. is poised to order at least 92 Boeing Co. 737 jetliners, giving the planemaker a stronger toehold in the world’s fastest growing aerospace market.
Boeing’s Biggest China Concern Isn’t a Trump Trade War: Gadfly
As if it wasn’t bad enough getting into a fight with the president-elect over the cost of Air Force One, Boeing Co. is facing problems from the other side of the Pacific.
Why Rural America Is Upset With Trump
Bloomberg’s Alan Bjerga discusses Donald Trump’s search for a secretary of agriculture and the president-elect’s farm policy. He speaks on “Bloomberg Markets.”
Boeing Said Close to $10.1 Billion Order From India SpiceJet
Indian budget airline SpiceJet Ltd. is poised to order at least 92 Boeing Co. 737 jetliners as the carrier plots rapid expansion in the world’s fastest growing aerospace market.
Airbus A380 Woes Deepen as Emirates Delay Accelerates Cost Cuts
Airbus Group SE’s struggles with its A380 superjumbo are deepening as the planemaker delays deliveries of a dozen aircraft over the next two years to Emirates, the double-decker’s biggest buyer, potentially pushing the program into the red. Handovers of six A380s apiece originally planned for 2017 and 2018 will be shifted to a year later following an agreement between Emirates and engine supplier Rolls-Royce Holdings Plc, Airbus said Tuesday in an e-mailed statement.
Delta to Cancel Order for 18 Boeing 787 Dreamliners
Delta Air Lines said on Tuesday that in agreement with Boeing it would cancel an order for 18 787 Dreamliner aircraft, which it assumed as a part of its merger with Northwest Airlines. The order is valued at more than $4 billion at current list prices.
Airbus’s A380 Woes Deepen as Top Buyer Emirates Delays Jets
Airbus Group SE’s struggles with its A380 superjumbo jet are deepening as the planemaker delays deliveries of a dozen aircraft over the next two years to Emirates, the double-decker’s biggest customer. To make up for the financial drag from the tardier handovers, Airbus will accelerate cost cuts, according to an e-mailed company statement late Tuesday.
Airbus’s A380 Woes Deepen as Jets Delayed for Top Buyer Emirates
Airbus Group SE’s struggles with its A380 superjumbo jet are deepening as the planemaker delays deliveries of a dozen aircraft over the next two years to Emirates, the double-decker’s biggest customer. To make up for the financial drag from the tardier handovers, Airbus will accelerate cost cuts, according to an e-mailed company statement Tuesday.
Air-Launched Orbital Rockets: Orbital ATK Shows Virgin Galactic How It’s Done
For years, Sir Richard Branson’s Virgin Galactic has been trying to invent a better way to launch rockets into space. Instead of launching from Earth in a fiery blast and a cloud of dust, Virgin Galactic aims to carry a “SpaceShipTwo” spaceship into the stratosphere, strapped to the belly of a “WhiteKnightTwo” mothership — then detach the former from the latter, and rocket to 62 miles above sea level.
Trump Summons Contractors to Mar-a-Lago Over Spending
The two largest U.S. defense contractors said Wednesday they would seek to control their costs after President-elect Donald Trump summoned them and a bevy of top Pentagon officials to his Mar-a-Lago resort in Florida to discuss military spending. “We’re trying to get costs down, costs,” Trump told reporters in brief remarks outside the resort after the officers departed.
Trump Summons Contractors, Officers to Mar-a-Lago Over Spending
The two largest U.S. defense contractors said Wednesday they would seek to control their costs after President-elect Donald Trump summoned them and a bevy of top Pentagon officials to his Mar-a-Lago resort in Florida to discuss military spending. “We’re trying to get costs down, costs,” Trump told reporters in brief remarks outside the resort after the officers departed.
Iran Drops A380s in Airbus Plan as Jet Struggles for Deals
Airbus Group SE suffered a blow to its already troubled A380 program when Iran, which had previously suggested it would buy the double-decker planes, said it had dropped the model as part of a wider fleet upgrade. Iran reduced its order with Airbus to 100 planes in a contract that will no longer include A380s, Farhad Parvaresh, Iran Air’s chief executive officer, said in a press conference in Tehran.