Page 49 - Boeing
Boeing expects to sell more planes to China
Boeing lifted its forecast for aircraft demand in China in the next two decades, saying a rising middle class would spur leisure and business travel.The planemaker projects demand in China for 6,810 aircraft valued at $1.025 trillion, making the nation the first trillion-dollar aviation market in its forecast, Boeing said in a statement distributed in Beijing Tuesday.The aircraft maker last year predicted China would need 6,330 new planes worth $950 billion in the next two decades.In China, "we continue to see very strong passenger traffic growth. We've seen a very strong consumer segment of the market," Randy Tinseth, vice president of marketing at Boeing Commercial Airplanes, said at a briefing in Beijing. "The good news for aviation is that is the segment of the economy that services the aircraft market."Carriers across Asia are expanding their fleets as economic growth makes air travel affordable to more people, lifting orders for Boeing and Airbus Group SE. The more-optimistic out
Boeing says it could end 747 production
Sticks to its plan of halving the production rate in September
 "Boeing says it could end 747 production")
Boeing reports $234 million loss after unexpected costs
The company reported loss due to elevated costs for an Air Force contract and for commercial air production
India orders 4 more maritime spy planes from Boeing worth $1 billion
The pact has been signed with an aim to bolster the navy as it tries to track submarine movements in the Indian Ocean
 "India orders 4 more maritime spy planes from Boeing worth $1 billion")
Boeing says India needs 1,850 planes
Company's senior vice-president (Asia Pacific) Dinesh Keskar says he expects Jet Airways, SpiceJet to order more aircraft
 "Boeing says India needs 1,850 planes")
Boeing targets supersonics and Mars
With plans to sharpen its focus on innovation
 "Boeing targets supersonics and Mars")
Boeing, UK sign investment deal
Prime Minister David Cameron unveiled the details on Monday at the start of the Farnborough Airshow
US House blocks sale of planes to Iran
The move comes a week after Boeing and Iran announcing to have entered into a $25 billion deal to sell 118 aircraft
Boeing says building mid-range jet a matter of 'when'
Boeing's board must still green-light the effort, and the business case is challenging
 "Boeing says building mid-range jet a matter of 'when'")
Boeing mulls stretching 777 to knock out Airbus A380s
The proposed model of Boeing would carry about 450 travellers; it would also stretch the frame of its 777-9 to squeeze in about four extra rows of seats
 "Boeing mulls stretching 777 to knock out Airbus A380s")
Boeing signs sales agreement with Iran Air
Iran Air wants to buy new generations of Boeing 737, as well as the 300ER and 900 version of Boeing 777
Boeing near $4-bn deal with Russian firm to save 747 jumbo jet
The 747 freighter is prized for a hinged nose that allows large cargo to be loaded at the front
Iran finalises deal to buy 100 Boeing airliners
Boeing had submitted an official request to the US Treasury for a final permit for the plane sales
Boeing catches them young to scale up talent pool
The firm, which aims to double sourcing from India, is looking at partnerships with institutions such as the IITs
 "Boeing catches them young to scale up talent pool")
Boeing plans to cut more than 4,500 jobs
Firm to cut 4,000 jobs in commercial airplanes division by the middle of this year and 550 in the division that conducts flight and lab tests
 "Boeing plans to cut more than 4,500 jobs")
Boeing to showcase its products in Goa
Aerospace and defence manufacturing company Boeing will showcase a range of advanced products and services at the ninth edition of Defexpo India 2016, held March 28 to 31 in Goa.The company has decided to showcase advanced capabilities in multirole fighter aircraft, attack and heavy lift helicopters, transport aircraft, maritime reconnaissance aircraft, weapons and unmanned systems that are best suited to boost the mission-readiness and modernisation of the Indian armed forces. "Boeing is accelerating its manufacturing and engineering footprint in India and concurrently encouraging the development of an indigenous aerospace and defense ecosystem by working closely with partners," said Pratyush Kumar, president Boeing India.
Boeing gets US licence to talk deals with Iranian airlines
Boeing's licence, received on Thursday, marked a step toward catching up with European rival Airbus