Boeing has told several of its customers, including ANA, Korean and Air India, that deliveries of the 787 Dreamliner will suffer new delays of at least another 10 months.
China is expected to become the world’s number two plane market as it will require 4,330 new commercial airplanes valued at $480 billion over the 20 years, Boeing projected on Tuesday.
World air cargo traffic will expand at a 5.9 percent annual rate over the next two decades, with worldwide air freight traffic expected to triple through 2029, Boeing projected on Tuesday.
The Boeing Company on Wednesday announced that it recorded a 2 percent increase in third quarter revenues, earning $16.96 billion better than analysts’ expectations of $16.72 billion.
Brazil’s Embraer on Monday announced it had signed an agreement to sell up to 125 aircraft with a total value of $1 billion to NetJets, the fractional jet ownership company owned by Warren Buffet’s Berkshire Hathaway.
Boeing announced on Monday that Air Lease Corporation has completed an agreement to purchase up to 60 new Boeing 737-800 aircraft.
Boeing and Air China on Monday announced an order for four 777-300ERs for $1.1 billion at current list prices.
Boeing on Thursday announced that it has completed the production of the first F/A-18F Super Hornet for the Royal Australian Air Force.
Boeing on Wednesday announced the finalization of a deal to sell six additional 777-300ERs to Cathay Pacific after the Hong Kong-based carrier exercised an existing option.
Boeing forecasts that air carriers in Africa will experience steady growth over the next 20 years as air travel in Africa continues to grow with the economy, the company said.
Boeing on Tuesday announced that it has begun assembling the 1,000th 767 airplane at its factory in Everett, Washington, marking an important milestone for the company.
A week after revealing that the first 787 Dreamliner delivery will once again be delayed, Boeing on Friday issued an impressive rundown of what their test aircraft fleet has been up to.
Boeing on Thursday forecast that air carriers in the U.S. and Canada will take delivery of about 7,200 new airplanes over the next 20 years at an investment of $700 billion.
Boeing announced early Friday morning that it now expects the first delivery of a 787 to take place in the middle of the first quarter in 2011. The company had previously expected to deliver the first copy to launch customer ANA in the fourth quarter of 2010.
Lockheed Martin on Monday signed a contract with the Sultanate of Oman for two more C-130J Super Hercules aircraft.
The Boeing Company on Monday announced it will relocate the C-130 Avionics Modernization Program (AMP) and B-1 Program from Long Beach to Oklahoma City.
Boeing Co. on Wednesday announced that its second-quarter profit fell 21% from a year ago after fewer commercial aircraft deliveries.