Boeing

Boeing Delays Could Put a Squeeze on Travel Budgets

Due to Boeing's manufacturing issues, passengers may have to pay more for air travel and have fewer flight options.

Stocks Slip Despite Early Green Shoots, Boeing Plunges on Delivery Delay Worries

Monday saw a little decline in US stock futures but Treasuries remained stable as traders adjusted their wagers following last week's selloff. A barrel of Brent oil dropped below $77.

Emirates Makes Massive Aircraft Purchase from Boeing, Boosting U.S. Jobs

Emirates kicked off the Dubai Air Show, demonstrating how aviation has recovered from the coronavirus epidemic despite Israel's conflict with Hamas casting a shadow over regional stability.

Australia Revealed List of 600 Major Corp Paid Little to No Income Tax

Australia's tax office published a list of 1500 companies that made more than $100 million in 2013-14 and about 600 paid little to no income tax.

Virgin Galactic Will Now Use Boeing 747s to Launch Rockets, Satellites

Virgin Galactic has announced that it will repurpose one of their Boeing 747-400s to be used as the dedicated launch vehicle for their LauncherOne small satellite launch business.

Last Boeing C-17 Globemaster III cargo plane Departs from Southern California

The Last C-17 Globemaster III made history in a Boeing plant in Southern California area's thriving aerospace industry with a flyover.

Quebec defends support to Bombardier CSeries

Quebec province is positive on its investment decision to extend $1-billion financial package to the struggling Bombardier. Brazilian airline Embraer has lodged complaints against government support to its competitor airline. Bombardiers' CSeries project has been delayed owing to financial problems.

Norwegian Air $5 Billion Boeing Deal: Oslo-Based Airline Orders 19 Boeing Co. 787s As Part Of Its Aim To Capture The Long-Haul Market

Norwegian Air has announced that it is ordering 19 Boeing 787s with delivery starting in 2017 to compete in the long-haul market.

Airbus calls off talks with Bombardier on C-Series Jet project

Airbus has called off the talks with Bombardier on C-Series jet project. Bombardier has been facing a rough weather in implementing C Series jet project, which is expected to enable the cash-strapped Canadian aviation major to compete with Airbus and Boeing in small passengers jets space.

Boeing factory will soon land in China

A new Boeing factory will be opened soon in Zhoushan, China for its 737 jetliners. The submitted proposal still needs approval of the State Council as well as the China's cabinet to have the country do the painting of airline company's top-grossing jetliners.

US export companies look to other shores as EXIM shuts down

The US companies engaged in foreign trade and aviation firms find it difficult to run the show following the closure of the US Export-Import Bank (EXIM). This causes non-availability of export financing and loan guarantee for the US companies. As a result, many comapnies are planning to shift out of the US to establish units overseas. Aerospace Industries Association is lobbying with Congress members for revival of EXIM.

Boeing KC-46A first flight is on Sept.25 according to U.S. Air Force

After a month-long delay in flight due to chemical mix up, the Boeing KC-46A will take its first flight on Sept. 25, as announced by U.S. Air Force. The aircraft tanker will refuel other aircrafts while on flight.

Airbus says U.S. factory will be world's most efficient

AIrbus will officially opened its $600 million plant in Mobile, Alabama. The plant will be the most efficient that the company ever build in an effort to rival Beoing production and growing their presence in the United States.

Jeff Bezo's space firm joins Lockheed-Boeing rocket venture

Lockheed-Boeing joint venture, United Launch Alliance is planning to expands their partnership with Blue Origin. The news comes in as Aerojet Rocketdyne Holdings offer a cash bid of $2 billion to buy the venture.

Iran plans to buy 90 jets per year: old fleet to be renovated

Iran plans to rebuild its aged fleet by purchasing 90 planes per year from Boeing and Airbus, as soon as Western economic sanctions are lifted.

1 2

Latest Stories

Tight Grad Market? Here's How to Get Hired (On a Budget!)

A survey from the National Association of Colleges and Employers states that employers intend to recruit 5.8% fewer recent college graduates from this year's class than they did from the class of 2023.

Build Lasting Wealth with These Expert-Backed Passive Income Idea

There are still some proven passive income techniques available that yield positive results.

Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street

The Dow just reached 40,000 for the first time, marking the latest high point in an unexpectedly successful year for Wall Street.

Sustainable Investing Made Easy: Low-Cost ESG Fund Options for May 2024

Regular investors continue to desire ESG funds, despite some opponents labeling them as "woke" investing. These funds consider a portfolio's firms' financial fundamentals in addition to their environmental, social, and governance considerations.

Walmart Stock Up by 7%, Forecast Hints at Continued Buying Power

In accordance with prior comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry on Thursday indicated a solid consumer base in the United States.

Must Read

Brothers Arrested After Planning to Steal $25M in Cryptocurrencies from Ethereum Blockchain

According to a recently released indictment, two brothers from New York and Boston were placed under federal arrest on Tuesday.

Don’t Sweat the Bills: Resources to Help You Pay for Utilities

The most recent data from the Consumer Price Index shows that, from March 2023 to March 2024, the index for electricity increased by 5%, which is more than economists would want to see. (Electricity rates increased by 0.9% from February to March 2024.)

Stay Connected with Money Times

` `