Aerospace
Boeing Engineers Union Names New Executive Director
January 23, 2008 4:46 am | News | CommentsUnion representing most of Boeing Co.'s engineers and technical workers has named a new leader, Ray Goforth, described by colleagues as a tough negotiator.
Jet Manufacturer Settles Lawsuit
January 23, 2008 4:35 am | by Heather Clark, AP | News | CommentsAlbuquerque, N.M.-based Eclipse Aviation reaches settlement with supplier, Hampson Aerospace Inc. over allegations of shoddy workmanship and delayed payments.
Air Europa Orders 8 Boeing 787-8s
January 22, 2008 4:50 am | News | CommentsOrder is worth $1.3 billion at list prices; Air Europa also acquired purchase rights for an additional eight 787s.
Brazil's TAM Buys 46 Airbus Jets
January 21, 2008 7:05 am | by Alana Clendenning, AP Business Writer | News | CommentsBrazil's TAM airline signed a contract to buy 46 Airbus jets, including 22 extra-wide-body A350s; order is worth $6.9 billion at list prices.
Quebec Companies Reap $400M From Boeing
January 21, 2008 4:19 am | News | CommentsQuebec's aerospace industry will receive $400 million from the aircraft manufacturer, related to the government's $1.8-billion purchase of four Boeing C-17 heavy-lift transport planes.
Boeing Delays 787 Again, First Delivery Now 2009
January 16, 2008 11:20 am | by Ashley M. Heher, AP Business Writer | News | CommentsInaugural flight of much-anticipated 787 Dreamliner jet pushed back by as much as three months, delaying the plane's test flight until the end of the second quarter.
Boeing, Airbus Struggle To Meet Demand
January 16, 2008 11:15 am | by Emma Vandore, AP Business Writer | News | CommentsThe problem for Airbus and Boeing isn't too few customers — it's getting planes off their production lines fast enough to meet demand.
Airbus-Boeing Legal Battle Faces Setback
January 16, 2008 5:10 am | by Bradley S. Klapper, Associated Press Writer | News | CommentsVerdicts have been further delayed in the U.S.-EU dispute over government support for rival plane makers Boeing Co. and Airbus.
Boeing Outsells Airbus For 2007
January 16, 2008 4:39 am | by Emma Vandore, Associated Press Writer | News | CommentsAirbus said it trailed Boeing Co. in logging new orders last year by a total of 72 civilian jets, but beat its U.S. rival on deliveries.
Airbus Expected To Beat Boeing In 2007
January 15, 2008 8:30 am | by Emma Vandore, AP Business Writer | News | CommentsEuropean plane maker is expected to announce Wednesday that 2007 was a record year for passenger jet orders and deliveries, allowing it to steal the lead back from U.S. rival Boeing Co.
Alenia Buying Stake In Russian Aircraft Maker Sukhoi
January 14, 2008 8:20 am | News | CommentsRussian President Putin signed a decree under which Italian airplane maker Alenia would be able to acquire a 25-percent share in Sukhoi's civil aircraft division, the Kremlin said.
Airbus Planning Alabama Plant If It Wins Tanker Contract
January 14, 2008 8:20 am | News | CommentsEuropean plane maker will build assembly plant in Mobile if the U.S. Air Force selects it and North American partner, Northrop Grumman, for a military tanker contract.
Virgin Atlantic To Test 747 On Biofuel
January 14, 2008 4:30 am | News | CommentsChairman Richard Branson said the test flight would yield crucial information on how to reduce aviation's carbon footprint.
Gulf Air Orders 16 Boeing 787 Dreamliners
January 14, 2008 4:07 am | News | CommentsBahrain-based airline ordered the new 787 Dreamliners valued at around $4 billion, with an option for eight more.
Rolls-Royce Cutting 6 Percent Of Workforce
January 11, 2008 4:26 am | News | CommentsAircraft engine maker aims to cut up to 2,300 managerial, professional and clerical staff to mitigate increasing raw material costs and the weak U.S. dollar.
EADS CEO Planning U.S. Acquisition Spending Spree
January 10, 2008 7:02 am | by Roland Losch, Associated Press Writer | News | CommentsChief Executive of Airbus’ parent company said he is aiming at ‘medium-sized companies’ in the U.S. but didn’t name potential targets.
Boeing Must Prove 787s Will Be Secure
January 10, 2008 5:10 am | by Elizabeth M. Gillespie, AP Business Writer | News | CommentsAircraft maker will have to prove to FAA that offering Internet access in the cabin won't leave the flight controls vulnerable to hackers and hijackers.
AWAS To Buy 75 Airbus A320s
January 9, 2008 5:35 am | News | CommentsIrish leasing company contracted to buy the single-aisle A320 aircraft said the European plane-making consortium in a statement.
MDA Sells Canadarm Business For $1.3 Billion
January 9, 2008 5:03 am | by Craig Wong | News | CommentsMacDonald, Dettwiler and Associates Ltd. selling its space and satellite business to U.S. defense contractor Alliant Techsystems.
EADS Shares Drop On Report Predicting Jet Order Slump
January 7, 2008 9:10 am | by Emma Vandore, AP Business Writer | News | CommentsShares dropped more than 7 percent after Deutsche Bank recommended investors get rid of the stock in a report predicting weaker commercial jet orders in 2008.
Boeing Scores Record 1,413 Orders In 2007
January 4, 2008 4:00 am | by Elizabeth M. Gillespie, AP Business Writer | News | CommentsAirplane maker blew past an order record of 1,044 it set two years ago, selling 1,413 commercial jets in 2007 while delivering 441 planes, its best showing in six years.
Boeing Submits Proposal For $40 Billion Air Force Contract
January 3, 2008 8:50 am | News | CommentsAir Force is expected to select a contractor by Jan. 31; Boeing is competing against Northrop Grumman Corp. to make 179 KC-767 planes.
Lockheed Martin Settles Racism Suit
January 3, 2008 8:40 am | by Mark Niesse, Associated Press Writer | News | CommentsWorld's largest military contractor will pay a record $2.5 million to a former avionics electrician who claims he was called the N-word, threatened with death and laid off after he reported racism.
Boeing Finalizes Orders Worth $16 Billion
January 3, 2008 5:00 am | by Elizabeth M. Gillespie, AP Business Writer | News | CommentsAirplane maker finalizes 152 orders from Dubai Aerospace Enterprise, Vietnam Airlines, Vietnam Aircraft Leasing Co., and GOL Linhas Aereas.
South Korean Airline Buys Five Boeing Planes
January 2, 2008 5:28 am | News | CommentsJeju Air ordered five 737-800 aircraft, Boeing's best-selling passenger plane, worth $370 million at list prices.
