UPDATE - US taps Boeing, GE for October trade mission to Iraq
2010-09-02 10:16:53
Keywords: Aerospace/Defence,Aerospace/Defence,United States,Industrial conglomerates,Electrical Components / Equipment,Arts / Culture / Entertainment,Industrial goods,Industrials,General News,US Government News,International Trade,Iraq,Middle East,Multi-Industry,Po
Quote: companies, including
Boeing (BA.N), General Electric (GE.N) and Wamar International,
on a trade mission in October to help rebuild Iraq. "This mission brings business expertise into the country at
a critical time," Under Secretary of Commerce Francisco Sanchez
said in a statement one day after President Barack Obama
declared an end to the seven-year U.S. combat mission. The war-battered country needs investment in virtually
every sector, but many foreign companies remain wary of the
security ris...
Read articleThe 1.3 Billion Customers Live Nation Can't Reach
2010-09-02 10:16:52
Keywords: china,emerging market,live music,live nation,ticketmaster,concert business,music business,communism,capitalism,music in china,,MARKETS,YUM,CAT,BA,HNZ,LYV
Quote: However, those 3,500 locations account for fully one-third of Yum’s profits.CaterpillarCAT) CEO Doug Oberhelman recently told analysts and investors that the company will “win in China” and promised to make it the number-one brand in the category by 2015.Air China just agreed to buy 15 Dreamliner aircraft from BoeingBA) that will expand the carrier’s fleet capacity by 11%.And today, H.J. HeinzHNZ) reported a 13% rise in fiscal first-quarter net income, thanks in large par...
Read articleBoeing 787 Training Takes Virtual Path
2010-09-02 10:16:51
Quote: Boeing executives admit a maintenance course that doesn't involve interacting with an actual airplane raised a few eyebrows. "We had a lot of talks with the regulatory agencies, and they were definitely a bit skeptical at first," says Don Reiter, a senior manager at Boeing's flight-training unit. "But once we brought them in here and showed them how the interactive program works, they all signed off on it."A Federal Aviation Administration spokeswoman said the agency for years has agreed to perm...
Read articleUPDATE - US touts Iraq trade mission as war mission wanes
2010-09-02 10:16:51
Keywords: Aerospace/Defence,Aerospace/Defence,United States,Industrial conglomerates,Electrical Components / Equipment,Arts / Culture / Entertainment,Industrial goods,Industrials,General News,US Government News,International Trade,Iraq,Middle East,Multi-Industry,Po
Quote: companies, including
Boeing (BA.N), General Electric (GE.N) and Wamar International,
on a trade mission in October to help rebuild Iraq. "This mission brings business expertise into the country at
a critical time," Under Secretary of Commerce Francisco Sanchez
said in a statement one day after President Barack Obama
declared an end to the seven-year U.S. combat mission. The war-battered country needs investment in virtually
every sector, but many foreign companies remain wary of the
security ris...
Read articleSaab Courts Asia, Eastern Europe to Save Gripen Warplane
2010-09-02 10:16:50
Quote: Saab also needs export orders to establish the Gripen as
the model of choice in former Soviet and non-aligned markets not
dominated by Boeing and Lockheed Martin, which is grabbing
contracts with its F-35 Lightning II Joint Strike Fighter.
Saab’s ability to offer the Gripen with in-house radar
technology is being pitched as an advantage over rival planes
and helped it win the existing Thai order, Sindahl said.
Sandy Morris, an
analyst at Royal Bank of Scotland Group Plc in London with a...
Read articleThai Air Considering New Plane Purchase Plan, Piyasvasti Says
2010-09-02 10:16:50
Quote: Thai Airways International Pcl is in
talks with Airbus SAS and Boeing Co. on a plan to purchase new
planes to modernize its fleet, President Piyasvasti Amranand
said.
“Thai Air is considering buying Airbus A350 and Boeing 787
planes,†he told reporters today in Bangkok. The planepurchase plan, which is in addition to those already announced
by the airline, will be forwarded to the government for approva
later this year, Piyasvasti said, without giving details on the
potential size o...
Read articleUPDATE - Latecoere eyes consolidation under new chairman
2010-09-01 02:49:25
Keywords: France,Western Europe,Europe,Aerospace/Defence,Aerospace/Defence,Airline Services,Airlines,Mergers / Acquisitions / Takeovers,Results Forecasts / Warnings,Debt / Fixed Income Markets,Management Issues / Policies,Loans,United States,Germany,Spain,Utilities
Quote: Debt-laden Latecoere, which makes the passenger doors for
the Boeing (BA.N) 787 Dreamliner and the Airbus (EAD.PA) A380,
said former utility chief Pierre Gadonneix would take over from
Jean-Claude Chaussonnet, who has been in the job for a year. Chaussonnet will stay on as deputy chairman. "Together we will build an industrial framework which gives
a dynamic outlook for the staff and shareholders of Latecoere,"
Chaussonnet said in a statement, adding Latecoere would
participate "actively" in aer...
Read articleBoeing overhauling landing gear for Qantas
2010-09-01 02:49:24
Quote: The Boeing Co. announced Tuesday it will perform landing gear exchange, repair and overhaul services for Qantas Airways’ fleet of six 747-400ERs.Qantas, which was the launch customer for the 747-400ER, will be the first air carrier to use the overhaul service on that model of aircraft.The agreement goes into effect in 2011.“We appreciate that a customer such as Qantas is demonstrating their confidence in Boeing to provide them with this important service,” Dale Wilkinson, vice ...
Read articleAir China says to buy 15 Boeing planes for $3.2 bln
2010-09-01 02:49:22
Keywords: Aerospace/Defence,Aerospace/Defence,United States,China,Hong Kong,Emerging Market Countries,Asia/Pacific,Airlines,Airline Services,Industrial goods,Industrials,Airline services,Transportation,Company News item,Economic news, EC, business/financial pages,
Quote: HONG KONG, Sept 1 |Tue Aug 31, 2010 7:58pm EDT
HONG KONG, Sept 1 (Reuters) - Air China Ltd (0753.HK) said it
had agreed to buy 15 787-9 aircraft from Boeing (BA.N) for a
total basic price of $3.19 billion to expand fleet capacity. In a filing to the Hong Kong bourse late on Tuesday, Air
China (601111.SS) said the new aircraft would replace 15 787-8
aircraft it agreed to buy in 2005 as Boeing had delayed delivery. The deal will increase Air China's fleet capacity by about 11
percent based on avai...
Read articleKomatsu Seeks Bio-Diesel Customers in Southeast Asia, Africa
2010-09-01 02:49:20
Quote: “We see big potential.â€
Companies from Boeing Co. to Daimler AG are trying to
develop alternative energy sources to cut carbon-dioxide
emissions amid a global push to combat climate changes. Jatropha,
which is inedible and grows faster than sugar or corn, can be
cultivated in less-fertile soil and its fuel derivative is
suited for use in warm climates. Low temperatures can cause bio-
diesel to coagulate.
Shares of Komatsu, whose customers include Rio Tinto Group,
Vale SA and Codelc...
Read articleAir China agrees to buy 15 787-9 jets from Boeing
2010-09-01 02:49:19
Keywords: , 753, Air China Ltd, AIRYY, Air China Ltd, BA, Boeing Co
Quote: HONG KONG (MarketWatch) -- Air China/quotes/comstock/22h!e:753(HK:7538.45,+0.15,+1.81%)/quotes/comstock/11i!airy.y(AIRYY21.25,-0.32,-1.48%) said Wednesday it has agreed to buy 15 787-9 Aircraft from Boeing Co./quotes/comstock/13*!ba/quotes/nls/ba(BA61.13,-0.97,-1.56%) worth $3.19 billion at list prices, according to statement filed with Hong Kong securities regulators on Wednesday. The purchases will expand its fleet capacity by 11%, the airline said in the statement. The purchasing agreement re...
Read articleREFILE-UPDATE - JAL to slash routes, aircraft in turnaround bid
2010-08-31 09:50:06
Keywords: Airlines,Airline Services,Japan,Airline services,Industrials,Transportation,Asia/Pacific,Aerospace/Defence,Major Breaking News,Results Forecasts / Warnings,United States,Western Europe,Europe,France,Company News item,Economic news, EC, business/financial
Quote: JAL will offload all its Boeing (BA.N) 747-400 jumbos and
every Airbus (EAD.PA) A300-600 jet it owns by March next year,
and will stop operating all its McDonnell Douglas-built MD81 and
MD90 aircraft by a later date. When complete, JAL will use four
models rather than the seven it flies now. "This is a massive shutdown in a very short amount of time,
and generally only happens when airlines are shut down, not when
they restructure," said Shashank Nigam, head of Singapore-based
airline industry c...
Read articleBoeing to Provide Landing Gear Exchange Service to Qantas Airways
2010-08-31 09:50:06
Keywords: Boeing to Provide Landing Gear Exchange Service to Qantas Airways, ba
Quote: Qantas, the program launch customer for the 747-400ER and operator of six of the airplanes, becomes the launch customer for the 747-400ER Landing Gear Overhaul and Exchange Program.Qantas will use the Boeing Service Center Repair Network for quick, reliable access to landing gear exchanges, repair and replacement around the world, greatly reducing maintenance time. The agreement takes effect in 2011.The launch of the Landing Gear Overhaul and Exchange Program by Qantas for the 747-400ER family p...
Read articleJAL submits plan to emerge from bankruptcy
2010-08-31 09:50:04
Keywords: , BA, Boeing Co, AMR, AMR Corp, DAL, Delta Air Lines Inc
Quote: Elsewhere, Reuters reported JAL will retire 103 aircraft, including all Boeing/quotes/comstock/13*!ba/quotes/nls/ba(BA61.88,-0.22,-0.36%) 747-400s, Airbus 300-600s, MD-81s and MD-90s. The current fleet is 258. JAL's profit is expected to improve to 117.5 billion yen in the fiscal year through March, 2013, with revenue down 15% to 1.273 trillion yen, the Journal said. JAL last year was the center of a tug-of-war between AMR Corp.'s/quotes/comstock/13*!amr/quotes/nls/amr(AMR6.19,+0.02,+0.32%) Amer...
Read articleDeja Vu All Over Again: Boeing Delays Dreamliner for Sixth Time
2010-08-30 03:10:00
Quote: "This new delay will force some tough changes to carriers' operations." GE)have been selected by Boeing to provide engines on the new wide-bodyjet. According to a statement released by Boeing early Friday, thelatest delay "follows an assessment of the availability of an engineneeded for the final phases of flight test this fall." All Nippon Airways Co.ANA), have selected the Rolls engines for their aircraft. Until now,both Rolls and Boeing have said the engine failure had n...
Read articleRPT-Wall St Week Ahead - Investors embark on treacherous month
2010-08-30 03:09:59
Keywords: Business/Public Services,Arts / Culture / Entertainment,United States,Major Breaking News,Equities Markets,Food Processing,Hotels / Entertainment Services,Machinery / Equipment / Components,Japan,Semiconductors / Semiconductor Equipment,Derivatives,Asia/P
Quote: Investors will be closely following comments from
executives at big industrial companies like General Electric
(GE.N) and Boeing (BA.N) at Morgan Stanley's Global Industrials
Unplugged Conference this week. MAJOR REVENUE ESTIMATES Intel Corp (INTC.O) cut its third-quarter revenue estimates
in a surprise on Friday. Although investors shook off the news
after an initial fall, bleak outlooks from large corporations
at the heart of the economy could rattle investors. As usual there will be a series ...
Read articleObama moving to decontrol U.S. defense goods exports
2010-08-30 03:09:58
Keywords: International Trade,Government / Politics,Diplomacy / Foreign Policy,United States,European Union,China,Russia,Defence,Software,Computer hardware,Aerospace/Defence,Rails / Roads Transportation,Industrial Machinery / Equipment,Machinery,Industrial goods,In
Quote: "Generally speaking, we're very happy about this," said
Bill Reinsch, president of the National Foreign Trade Council,
whose member companies include Boeing (BA.N), General Electric
(GE.N) and United Technologies (UTX.N) have long pushed for
reform. "I think it will simplify things significantly." Eventually, the administration wants to create a single
control list run by an independent single agency outside of the
Commerce Department or State. It also wants to create a single
enforcement agency...
Read articleMorning Report: Futures Up Slightly Before Bernanke
2010-08-27 10:08:43
Quote: Instock specific news, Boeing (BA) may trade lower after announcing itsDreamliner project will be delayed again, until the first quarter of2011. Tiffany (TIF) announced good earnings results this morning and raisedthe upper end of its full year earnings estimates. There have been notrades yet this morning to gauge trader reaction to that news. J.Crew (JCG) isdown by about 7.5 percent after cutting its full-year outlook onuncertainty about the economy. Disclosure: No positions ......
Read articleBoeing again delays first delivery of 787
2010-08-27 10:08:42
Keywords: Boeing again delays first delivery of 787, ba
Quote: NEW YORK (AP) -- Boeing Co. postponed the delivery of its first 787 to the middle of the first quarter of 2011, compounding a string of delays for the jetliner that is already more than two years past its original scheduled debut.The latest delay is the result of engine delivery problems, Boeing said in a statement early Friday. The Chicago company said in July it expected to deliver the plane late this year, but it warned that might not happen. It had said at that time that a series of problems...
Read articleUPDATE - Boeing delays 787 delivery on Rolls engine setback
2010-08-27 10:08:41
Keywords: Aerospace/Defence,Aerospace/Defence,United States,United Kingdom,Western Europe,Europe,Airlines,Airline Services,Japan,Australia,Industrial goods,Industrials,Airline services,Major Breaking News,Asia/Pacific,Securities International News Service (Reuters)
Quote: Fri Aug 27, 2010 9:36am EDT
* 787 first delivery now expected mid-Q1 2011 * Delay comes after Rolls-Royce engine blew up this month * Boeing working with Rolls on engine availability * Launch customer ANA wants clarity on new delivery dates(Recasts, adds background) By Rhys Jones, Chang-Ran Kim and Kyle Peterson LONDON/TOKYO/CHICAGO, Aug 27 (Reuters) - Boeing Co (BA.N)
has pushed back delivery of its first 787 Dreamliner by several
weeks, a widely expected decision but also the latest in a
seri...
Read article