Boeing 737 Max flight ban could be lifted by January
12th Nov 2019 08:10
(Sharecast News) - Boeing said on Monday it could have its fleet of 737 Max jets flying again by January once safety checks on the model's software have been completed.
Read moreBoeing to cut 4,500 jobs in face of jet demand turbulence
30th Mar 2016 07:55
(ShareCast News) - Aeroplane maker Boeing has revealed plans to cut more than 4,500 jobs by June, as it cuts cost in response to slowing demand for its jets. The US group, which has been losing market share to French rival Airbus, said about 1,600 positions will go through voluntary redundancies
Read moreSEC probing Boeing accounting for 787 and 747 jumbo jets
11th Feb 2016 16:03
(ShareCast News) - The US stock market watchdog has reportedly begun investigating Boeing's accounting practices, with particular focus on its 787 Dreamliner and 747 jumbo jet programs. The Securities and Exchange Commission is probing the projections by Boeing Commercial Airplanes of the long
Read moreBoeing to halve 747 jumbo jet production
22nd Jan 2016 14:24
(ShareCast News) - Aircraft marker Boeing will reduce the production of its iconic 747 jumbo jet by half, the company confirmed on Friday. In a statement, the world biggest aircraft maker said it will slow the production rate of the model to just six planes a year from twelve with effect from Septem
Read moreBoeing in talks with Indian airlines to sell 737 MAX jets
13th Mar 2014 09:36
Boeing Co. said it is in talks with Indian airlines Jet Airways and Air India about the sale of its 737 MAX jets. The aircraft manufacturer now expects India's commercial aviation fleet to expand more than five times in size over the next 20 years as demand grows. The company raised its forecast
Read moreBoeing employees highlight 787 production bottleneck issue
11th Feb 2014 10:54
Boeing has rolled out its first Dreamliner built at a rate of 10 a month, the fastest for a twin-aisle jet, but some employees are calling into question the planemaker's ability to sustain the pace. Two factories that assemble the 787 are struggling to cope with a ramp-up in production that began l
Read moreBoeing says Dreamliner reliability still shy of target despite improvement
24th Jan 2014 15:59
Boeing's Vice President Mike Fleming has said the reliability of its 787 Dreamliner is improving, but it still not satisfactory. The plane's reliability rate is about 98%, which means two out of every 100 flights in delayed. While it was above the 97% report in October it is still short of the fi
Read moreBoeing and Airbus sign supply deals with Abu Dhabi firms
18th Nov 2013 14:24
Boeing and Airbus have signed deals to buy 5bn dollars-worth of parts and materials from Abu Dhabi following the Dubai Airshow on Sunday. Boeing said on Monday it has signed a new deal with Abu Dhabi's state investment fund Mubadala for $2.5bn in advanced composites and machine metals. The comp
Read moreBoeing 787 aircraft problem detected by Japanese airline
14th Aug 2013 14:48
Boeing faced yet another setback in its Dreamliner 787 after Japanese airline ANA said it found an electrical wiring problem in fire extinguishers for the engines of three jets. The airline discovered the problem during pre-flight maintenance of a 787 jet at Tokyo airport, Sky News reported. ANA
Read moreBoeing and Airbus win most orders at trade show
20th Jun 2013 10:18
Boeing and Airbus dominated the aviation industry's largest trade expo as it secured more orders than rivals. Boeing won $55.8bn orders while Airbus landed $55.6bn, following the first three days of the Paris Air Show, Bloomberg reported. Airbus received orders for 135 A320s from easyJet, plus a
Read moreIAG's British Airways orders new Airbus A350 aircraft
23rd Apr 2013 10:39
International Airlines Group (IAG) has ordered 18 new Airbus A350 aircraft for its subsidiary British Airways(BA). The move is part of the company's plan to phase out a fleet of 30 Boeing planes over the next 10 years. The $1.6bn deal allows for an option for an additional 18 A350 aircraft. IAG pl
Read moreBoeing begins replacing batteries in grounded Dreamliners
22nd Apr 2013 10:25
Boeing has started replacing batteries on its grounded 787 Dreamliner planes following approval from US aircraft regulation. The company is one step closer to getting the planes flying again after batteries overheated, resulting in grounding the entire fleet of 50. The first commercial 787 could
Read moreUS officials slap Boeing over comments on 787 Dreamliner incident
22nd Mar 2013 13:44
Boeing has been slammed for comments its executives made at a media briefing on plans to get the grounded 787 Dreamliner flying again, according to Bloomberg Friday. At the Toyko briefing on March 15th, Boeing officials said their proposed design changes to the Dreamliner's battery systems may all
Read morePlane battery that burned was not overcharged, investigation reveals
21st Jan 2013 11:35
An investigation into the battery that caught fire aboard an empty Japan Airlines Boeing 787 in Boston this month has found it was not overcharged. The National Transportation Safety Board (NTSB) said the battery did not exceed its designed voltage of 32 volts. The group is continuing to examine
Read moreNorwegian joins Rolls-Royce's customer list
6th Apr 2011 07:51
The airline Norwegian has ordered its first set of engines from Rolls-Royce, the engine designer. Norwegian has selected Rolls-Royce's Trent 1000 engines to power nine Boeing 787 Dreamliner aircraft. The Trent 1000 has been specifically designed to power Boeing's new Dreamliner aircraft and has bee
Read more