Boeing

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Tough Calls Await on Boeing Defense Bid

CEO can fold if feds deny appeal on tanker, or ramp up lobbying

(Newser) - The Government Accountability Office must rule by next Thursday on Boeing’s appeal of an Air Force deal granting European rival Airbus a multi-billion dollar tanker contract—and CEO Jim McNerney has a tough call ahead if Boeing loses, the Seattle Times reports. He can ground the appeal, or draw...

'Sketchy' Plane Parts For Sale Online

Unauthorized vendors in China, US offer uncertified Boeing, Airbus hardware

(Newser) - Spare Boeing and Airbus parts of dubious origin have been found for sale on Internet sites such as Craiglist, BusinessWeek reports. The parts, including vital valves and gears, are being sold by at least 24 vendors—mainly in China and the US—without FAA approval or documentation that they've been...

Boeing, Airbus Delays Aid Battered Carriers

Airlines already well under capacity as passenger numbers fall

(Newser) - Airlines battling rising fuel costs and weakening demand have become unexpected beneficiaries of production delays on the Boeing 787 Dreamliner and Airbus A380 jumbo jets, reports the Wall Street Journal. "For the industry, it's great,” says the chair of Air Canada’s parent company, "because it means...

China Plunges Into Commercial Aviation

Expanding demand for aircraft motivates challenge to Boeing, Airbus

(Newser) - Hoping to meet the demand of its burgeoning airline industry, China has launched a commercial aircraft manufacturing company with $2.7 billion in seed money, reports the BBC. China Commercial Aircraft should help the country rely less on Airbus and Boeing as its passenger industry expands. Chinese airlines will need...

Boeing 787s Scheduled to Land 2 Years Late

Penalty payments could cost company up to $4B

(Newser) - Boeing's new 787 Dreamliner is already 15 months late, but delivery delays will back up the fuel-efficient jets by about another year, the Seattle Post-Intelligencer reports. Lease Financial Corp., the main buyer of 787s, will take delivery of its 74 planes 27 months late, and observers expect Boeing to pay...

Techs Give Lift to Markets
 Techs Give Lift to Markets 
MARKETS
Apr 23, 2008 3:38 PM CDT

Techs Give Lift to Markets

Stocks post modest gains as some financials struggle

(Newser) - Stocks ended slightly up today on mixed news, as techs did well but many financials struggled. "Tech is one of the few bright spots across a sluggish earnings quarter," a market strategist tells the Wall Street Journal. The Dow ended up 42.99 to 12,763.22, the...

American to Cancel 900 More Flights Today

Continued passenger misery ahead as safety work continues

(Newser) - American Airlines expects to cancel 900 more flights today as the airline works to bring its MD-80 aircraft up to FAA standards, the New York Times reports. Thousands more travelers will be stranded at airport hubs, and the problem could spill into tomorrow. American is just the latest airline to...

1,000 American Flights Now Grounded Amid Inspections

FAA concerns over wiring issues prompt second voluntary round of cancellations

(Newser) - American Airlines has now canceled more than 1,000 flights as it inspects wires in its 300 MD-80 aircraft, the Wall Street Journal reports. The Federal Aviation Administration raised concerns about recent inspections of the wiring, the same issue that grounded more than 400 flights last month. The process, which...

Boeing Delays Dreamliner Rollout 6 More Months

Plane won't be ready until 3rd quarter of 2009

(Newser) - Boeing's new 787 Dreamliner has been delayed for a third time—now it won't be delivered until the third quarter of 2009 due to parts shortages and manufacturing partners who've fallen behind schedule. The innovative, fuel-efficient plane was originally scheduled to be available next month, reports Bloomberg.

Boeing Expected to Delay Dreamliner 6 More Months

Customers eager to get fuel-efficient airliner as delays push to 14 months

(Newser) - Boeing is expected to delay delivery of its 787 Dreamliner for a third time, the Seattle Post-Intelligencer reports, as the company continues to struggle with parts shortages, redesigns, and manufacturing partners falling behind schedule. Analysts expect at least another 6-month delay to be announced tomorrow, pushing back the new fuel-efficient...

For Boeing, Warplanes Are Becoming History

After losing another big military contract, giant's defense role shrinking to bit parts

(Newser) - As Boeing makes fewer military aircraft and more hardware systems, its commercial and defense arms look increasingly like separate companies, the Seattle Times reports. "These are two legs walking in opposite directions," one analyst says. While airplanes continue to dominate its commercial side, the company, once a military-aircraft...

A Plane That Runs on Hydrogen
 A Plane That Runs on Hydrogen 
Apr 4, 2008 3:28 PM CDT

A Plane That Runs on Hydrogen

Boeing's manned flight successful, put passenger-aircraft application still far off

(Newser) - Boeing has successfully tested the world’s first manned, hydrogen-powered plane, the BBC reports, with one executive calling the three flights in Spain “a historical technological success.” The propeller-driven two-seater runs on a hydrogen fuel cell that emits only heat and water. Boeing engineers say they doubt the...

Boeing Moves to Speed 787 Production

Buys pre-assembly plant that caused serious delays

(Newser) - Seeking to stem mounting delays in the production of its breakthrough 787 jetliner, Boeing is getting more involved in the early steps of the assembly process, the Chicago Tribune reports. Boeing said yesterday it will buy out a partner's share of a South Carolina plant that assembles two rear sections...

WTC Developer Sues Airlines for 9/11

Silverstein seeks $12.3B on top of insurance payout

(Newser) - The developer of the World Trade Center is suing airlines and airport security companies for $12.3 billion to cover his 9/11 losses, CNN reports. Larry Silverstein signed a 99-year lease on the site just six weeks before the attacks. He holds the defendants responsible for failing to prevent the...

American Cancels 171 Flights to Inspect Boeing Jets

Dozens of planes grounded to check out wiring issue

(Newser) - American Airlines canceled 171 flights today, benching almost its entire fleet of Boeing MD-80 twinjet aircrafts, the Chicago Tribune reports. American said it was inspecting how a “certain bundle of wires” was attached to ensure it complied with an FAA directive. But American said the grounding was voluntary, not...

Congress Will Nix Airbus Deal, Boeing Says

US firm blasts 'unfair' award of Air Force contract to Europeans

(Newser) - Boeing isn't taking its loss of a $35 billion military contract to Northrop Grumman and Airbus lying down, Reuters reports. A company vice president said he was "as confident as he could be" that Congress would overturn the Air Force's decision to buy refueling tankers from Boeing's European rival....

McCain Sucked Into Boeing Battle
McCain Sucked
Into Boeing Battle
Mar 12, 2008 4:30 AM CDT

McCain Sucked Into Boeing Battle

Campaign boss lobbied against Boeing for European Airbus

(Newser) - John McCain is being dragged into the feud between Boeing and the Air Force, reports AP. A firm headed by McCain's campaign finance chairman, Tom Loeffler, was paid $220,000 to lobby on behalf of the Airbus, the successful European rival to Boeing's 767 fuel tanker. McCain had helped block...

Boeing to Appeal $40B Contract
Boeing to Appeal $40B Contract
Mar 10, 2008 8:09 PM CDT

Boeing to Appeal $40B Contract

CEO claims 'serious flaws' in bidding

(Newser) - Boeing vowed today to appeal a controversial $40 billion contract to build refueling tankers for the Air Force, the Wall Street Journal reports. "Our team has taken a very close look at the tanker decision and found serious flaws in the process," Boeing CEO Jim McNerney said. The...

Airbus Was Intrepid, Boeing Arrogant on Tanker

Analysts say Boeing was arrogant, Airbus intrepid

(Newser) - Airbus won the Air Force's $35 billion contract for aerial refueling aircraft not only with a more competitive tanker, the New York Times reports, but by competing more aggressively. The French company, partnered with Northrup Grumman, built on spec a new plane-to-plane fuel boom and demonstrated it, while Boeing promised...

Boeing Doesn't Deserve Military Monopoly
Boeing Doesn't Deserve Military Monopoly
OPINION
Mar 9, 2008 9:45 AM CDT

Boeing Doesn't Deserve Military Monopoly

Lawmakers are angry, but making aircraft giant compete is a good thing

(Newser) - There’s fury on Capitol Hill (and the campaign trail) over a $40 billion Air Force contract going to a European team, Mark Thompson notes in Time, but it’s entirely appropriate for the military to get the best technology it can. Indeed, anger over the snub to Boeing shows...

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