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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: Boeing

Boeing stories: 97 news summaries

1 - 20 of 97 Stories | 1 2 3 4 5 Next >>

ANALYSIS
(Newser) - Boeing was expecting to ride high on defense contracts in mid-2009 even as its 787 Dreamliner transformed air travel—but widespread problems have shadowed the firm's "dream summer," Dan Reed writes in USA Today. The Dreamliner's launch was delayed for a fifth time after structural problems were discovered,... More »

(Newser) - Boeing Co. today agreed to buy the manufacturing operations of South Carolina-based Vought Aircraft Industries, a key supplier for its much-delayed 787 Dreamliner, in a deal that’s causing much consternation in Seattle, NPR reports. Boeing has long threatened to leave its production base in Washington state for cheaper pastures,... More »

 Qantas Cancels 
 Massive Boeing Order 

Order for 15 Dreamliners scrapped as craft's test flight is delayed again

(Newser) - Qantas Airways has dealt a heavy blow to Boeing's troubled Dreamliner project with the cancellation of a major order, Bloomberg reports. The Australian airline scrapped an order for 15 of the 787s, and deferred an order for 15 more. Qantas said the move was due to industry conditions and not... More »

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MARKETS

 Boeing Drops; Dow Loses 16 

Bank of America, JP Morgan Chase post modest advances

(Newser) - Stocks were mixed today, between a slide by Boeing and a successful auction of 2-year Treasury notes, the Wall Street Journal reports. Another delay for its Dreamliner dragged Boeing down 6.27%; Bank of America and JP Morgan Chase both advanced after yesterday’s sell-off. The Dow fell 16.10... More »

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Boeing Bank of America Dow Jones Boeing 787 Dreamliner Nasdaq S&P 500 JPMorgan Chase

(Newser) - The wait for Boeing’s long-delayed first flight of its 787 Dreamliner became even longer today. The company announced it would miss its late June target because part of the plane needs to be reinforced, the Wall Street Journal reports. Boeing stock fell 7% on the news. The 787,... More »

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Boeing Looks
to Old 777 Model in Airbus Battle

Will re-tool tanker to compete for Pentagon refueling contract

(Newser) - With its 787 Dreamliner delayed, Boeing is turning to its 14-year-old 777 to compete with Airbus’ next plane, Bloomberg reports. At the Paris Air Show today, Boeing said it may make a new wing for the 777 in an effort to boost fuel efficiency, and will also showcase a 777-based... More »

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Pentagon Boeing Airbus fuel tankers Boeing 787 Dreamliner Airbus A350 contract Boeing 777

Huge United Order Sparks Jet Builder Face-Off

Bargain-hunting airline invites Boeing, Airbus to duke it out

(Newser) - Hoping to score a good deal by exploiting the recession, United Airlines has called on Boeing and Airbus to bid on an order for up to 150 new jets, the Wall Street Journal reports. The plan could bring in $10 billion for one of the manufacturers, both of whom face... More »

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 Dreamliner's Latest 
 Estimated Takeoff: June 

Troubled aircraft finally reaching last test stages

(Newser) - After years of delays, Boeing’s 787 Dreamliner may finally be finished. After a full on-the-ground simulation, one will leave the factory this week to take a place on the runway for a real test flight in June, the Seattle Times reports. Boeing lost 32 jet orders due to delays... More »

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MARKETS

 Dow Drops 300 to 
 Lowest Close Since '97 

Index makes a beeline for 6,000

(Newser) - Investors sold stock in droves today amid continued financial-sector woes and a poor report on manufacturing, the Wall Street Journal reports. Financials sank, and the manufacturing woes sent General Electric, Boeing, Caterpillar and 3M into downward spirals. The Dow fell 299.64 to close at 6,763.29. The Nasdaq... More »

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(Newser) - In his address to Congress, President Obama made it clear certain industries are in his crosshairs, from agribusiness to defense to health care. But those industries aren’t taking it lying down, the Wall Street Journal reports. They’re spending big on lobbyists, hoping to derail—or at least reshape—... More »

Boeing Loses More Orders
on Delayed Dreamliner

Aircraft-leasing company cancels orders for 16 of 21 jetliners it had ordered

(Newser) - The first aircraft-leasing company to order Boeing’s advanced 787 Dreamliner has slashed its order from 21 to 16 aircraft, citing economic uncertainties, reports the Wall Street Journal. It’s the second time this year that Boeing has lost an order for the jetliner, which is nearly two years behind... More »

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Boeing to Delay Launch of Dreamliner—Again

Machinists strike, other bugs throw more wrenches into Boeing's production

(Newser) - Wheels-up time for Boeing’s much-anticipated Dreamliner jet will likely be delayed at least another 6 months, leaving customers wondering if the aircraft will ever take to the skies, the Wall Street Journal reports. The fourth delay, attributed to the recent machinists strike, bugs in the plane’s computer software,... More »

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 Strike Grounds 
 Dreamliner to '09 

Test flight for Boeing's first new jet in 14 years pushed back for a fifth time

(Newser) - The maiden flight of Boeing's 787 Dreamliner has been delayed for the fifth time, reports the AP. The company says the 8-week strike by its workers means the next-generation passenger jet now won't take off until an unspecified date next year. Canceled orders are unlikely despite the delay, says an... More »

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Boeing
Machinists
End Strike

Union members ratify pact; work to resume
after 8 weeks

(AP) - The Boeing strike is over. Machinists in three states overwhelmingly ratified a union contract to end an eight-week strike that cut the airplane maker's profits and stalled jetliner deliveries. The union says the contract protects more than 5,000 factory jobs, prevents the outsourcing of certain positions, and preserves health... More »

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Boeing unions strike machinists union

MARKETS

 Dow Jumps 889, Cracks 9,000 

Bargain hunters spur big gains as markets jump late

(Newser) - Stocks zoomed past the 9,000 mark late in today's session as investors ignored a rock-bottom consumer-confidence rating, focusing on blue-chip gains and the likelihood of another rate cut by the Federal Reserve, the Wall Street Journal reports. The Dow shot up 889.35 to close at 9,065.12.... More »

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Boeing Reaches Deal With Striking Union

Tentative agreement would end 52-day machinists walkout

(Newser) - Boeing's 27,000 striking machinists could be back to work within days if they approve a deal hammered out with the help of a federal mediator late last night, the Seattle Post-Intelligencer reports. The deal will give machinists a 15% pay increase over four years and limit the amount of... More »

MARKETS

 Volatile Day Ends With Gains 

Utilities, energy spur late rally that leaves Dow up 172

(Newser) - Stocks saw wild triple-digit swings today before closing with gains, MarketWatch reports. Many earnings reports were poor, and weekly jobless claims spiked, but investors also found bright spots amid the gloom. The Dow rose 172.04 to 8,691.25. The Nasdaq fell 11.84 to 1,603.91, but... More »

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MARKETS

 Dow Sinks 514 on Bad Earnings 

Third-quarter reports detail suffering across the board

(Newser) - Stocks continued yesterday’s decline amid a wave of poor earnings reports across the board, the Wall Street Journal reports. The Dow, down at one point nearly 700 points in the final hour, fell 514.45 to close at 8,519.21. The Nasdaq shed 80.93 points, closing at... More »

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Boeing CEO Hopeful as Strike Talks Set to Resume

Firm may find compromise on crucial outsourcing issue

(Newser) - Boeing’s CEO is confident that the next round of talks could resolve a costly strike by its machinists union, the Seattle Times reports. With formal negotiations set to resume tomorrow, Jim McNerney thinks headway can be made on the pivotal issue of outsourcing the production of parts traditionally fashioned... More »

Boeing Strike Drags on After Talks With Union Collapse

Outsourced production remains logjam issue in dispute costing airplane-maker $100M a day

(Newser) - Talks broke down between Boeing and its machinists’ union yesterday, with no agreement in sight to end the 38-day-old strike, the Seattle Post-Intelligencer reports. Negotiations snagged over job security: Boeing has cut labor costs by outsourcing the production of certain parts formerly made by the machinists, and the return of... More »

1 - 20 of 97 Stories | 1 2 3 4 5 Next >>