Boeing

Airbus gets early 2018 jump on rival Boeing

Mexico City - Muslimchronicle

Airbus got an early jump on rival Boeing for 2018 with news Tuesday that low-cost Mexican airline Volaris has ordered 80 of its popular A320 planes for a total $9.3 billion. The planned purchase, which entails deliveries over the next eight years, comes after the European Aerospace giant overtook Boeing last year in terms of aircraft orders, booking 1,109 against theRead more

Boeing logs record deliveries for 2017

New York - Muslimchronicle

Boeing reported record commercial plane deliveries for 2017 on Tuesday and said cargo and customer passenger trends continued to look strong for 2018. The gains were fueled by global economic growth of three percent and an increase in overall passenger traffic that has outpaced historical trends, said Boeing vice president of marketing Randy Tinseth. "It is a very, very strong marketplace," TinsethRead more

Chinese leasing firm orders 50 Airbus jets

London - Muslimchronicle

A Chinese aircraft leasing company said on Thursday it will buy 50 Airbus A320neo jets for $5.42 billion as part of a drive to capitalise on ever-growing demand for air travel in China. Hong Kong-listed China Aircraft Leasing Group (CALC) will take delivery of the airliners in stages through to 2023, it said in a statement. The move comes as airlinesRead more

Royal Air Maroc orders 4 Dreamliners

Rabat - Muslimchronicle

Morocco's Royal Air Maroc has ordered four 787-9 Dreamliner aircraft from US aviation giant Boeing for delivery at the end of next year, the two companies said Wednesday. The new aircraft, worth $1.1 billion at list price, would allow the flagship carrier "to expand its services, especially internationally", a Boeing statement said. The delivery "at the end of 2018" would bring to 60 theRead more

Boeing announces $27bn from flydubai

Dubai - Muslimchronicle

Boeing on Wednesday announced an order from Gulf airline flydubai for 225 medium-haul 737 MAX aircraft with a list price of $27 billion, hailing it as the "largest-ever single-aisle jet order" from a Middle East carrier. The announcement, made at the Dubai Air Show, came just hours after rival Airbus said it had secured the biggest-ever order in its historyRead more

F15 wings to be built in Saudi Arabia by Boeing

Washington - Muslimchronicle

Marc Allen, president of Boeing, told Al Arabiya TV that military aircraft wings and other parts will be built in Saudi Arabia. “We are currently building wings for military aircraft along with other parts in Saudi Arabia,” Allen said on the sidelines of the Future Investment Initiative in Saudi Arabia, “We are applying huge changes to turn F-15s to F15Read more

Boeing keeps tough line on Bombardier as earnings fall

New York - Muslimchronicle

Boeing strongly defended its tough stance in a trade dispute with Canada's Bombardier Wednesday, as it reported lower quarterly earnings in part due to unexpected costs on a military contract. Boeing chief executive Dennis Muilenburg defended a complaint against the Canadian company over alleged illegal subsidies, a dispute that has deepened tensions between Canadian Prime Minister and US President DonaldRead more

Dollar extends gains on Trump tax hopes, Nikkei lifted by Abe win

Hong Kong - Muslimchronicle

The dollar climbed against rivals Monday, helping to push up European and Japanese stock markets, while share prices in the US moved modestly higher at the start of a heavy week of corporate earnings report and a much-anticipated European Central Bank meeting. Key earnings reports were expected from many of the biggest US companies, including Google parent Alphabet, ExxonMobil, McDonald'sRead more

Airbus says A320neo delivery goal is tough but within reach

Toulouse - Muslimchronicle

Airbus planemaking chief Fabrice Bregier said the company still expects to deliver “around 200” A320neo aircraft in 2017, but added that reaching this existing target would be “tough” in the wake of delayed engine deliveries. Bregier said Pratt & Whitney, whose industrial problems have delayed deliveries of jets at Airbus plants, was testing re-designed parts for its engines and expectedRead more

Airbus to enter into partnership with Canada's Bombardier

Paris - Muslimchronicle

In the face of a bitter trade dispute with Boeing, Airbus announced it would take a majority stake in Bombardier's marquee C-Series airliner programme, as the Canadian firm battles a stiff tariff ruling in the US. The landmark agreement comes after the US administration slapped a 220 percent countervailing duty, as well as an 80 percent anti-dumping tax, on BombardierRead more