41 min ago | Fox News
China's aviation regulator has granted approval for Boeing Co.'s 787 aircraft to begin commercial service with the nation's airlines, people familiar with the situation said Thursday.
Boeing plans to lay down the first wing spar for the Air Force's KC-46 tanker on June 26, with the first aircraft to fly early in in 2014.
Boeing Co. said lessons from the plastic-composite 787 have helped the planemaker build a five-year advantage over Airbus SAS in twin-aisle jets, the models that are the backbone of airlines' long-haul fleets.
Boeing has plans to expand its plant in South Carolina, but several Washington aerospace supplier executives say they have no plans to follow suit with expansion to the South.
Another week and another set of earnings in the industrial space that confirms the curious bifurcation in the sector.
"We would be perfectly willing, if we had a total moratorium on narrow-body and wide-body financing, to forego" export credit help on narrow-body jet purchases from Bombardier
What few people talked about was if there were any great worries about inflation -- or if interest-rate cuts by central banks around the world, and moves to flood their banking system with cash to promote growth, were causing enormous inflationary pressures.
U.S. carrier Delta Air Lines will watch the wave of orders for the latest Airbus and Boeing planes roll on by and wait for the jets to prove themselves before ordering any, its chief executive told Reuters on Wednesday.
Boeing Commercial Airplanes CEO Ray Conner, shown in Tokyo earlier this year, is on Kiawah Island today.
The company has improved its cash costs and thus reduced its cash burn over the coming years, according to UBS , but Boeing will have to push hard if it expects bring those costs down to about $110 million per unit, the point at which it will stop losing money selling Dreamliners.
The group of hedge fund heavyweights, which includes the likes of Carl Icahn , David Einhorn , and Dan Loeb, bet on consumer discretionary, which appeared as the most overweight sector, while LyndoellBasell was the most overweight equity, compared to its weights in the S&P 500.
But the Chicago-based carrier that combined in 2010 with Continental Airlines to create the world's largest carrier, found three ways Tuesday to change the subject, at least for now.
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United Airlines put its 787 back in the air on Monday, with both the airline and Boeing hoping to put the plane's four-month grounding behind them.
Etihad Airways, the national airline of the United Arab Emirates, has plans to recruit more than 50 pilots from its partner airline, airberlin.
United Airlines returned its Dreamliner aircraft to commercial service on Monday after the plane was grounded in January over safety issues regarding on-board batteries.