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Leasing firm GECAS orders 10 Boeing Dreamliner planes

Leasing company GECAS announced on Monday it would buy 10 of Boeing's next-generation Dreamliner planes for $2.9 billion, the latest in several orders for the US firm at the Paris Air Show. "We're pleased to announce our commitment to purchase ten of the 787-10 planes," Norm Liu, head of GECAS -- the aircraft leasing division of General Electric -- told reporters. mbx/hd

Boeing raises jetliner demand forecast

By Tim Hepher and Alwyn Scott PARIS/SEATTLE (Reuters) - Boeing <BA.N> upgraded its 20-year forecast for airplane demand as aerospace firms heading to next week's Paris Airshow look beyond the financial crisis to pin their hopes on Asia. The U.S. planemaker said on Tuesday airlines, lessors and freight firms would need 35,280 new jets worth $4.8 trillion as the world's fleet doubles over the next two decades -- raising by 3.8 percent the company's previous 20-year outlook.

Boeing executive sees room for higher plane production

PARIS (Reuters) - Boeing <BA.N> sees room for an increase in long-term production rates for the most popular category of airliner, a senior executive said on Tuesday as the U.S. planemaker revised up its forecast for jetliner demand over the next 20 years. Randy Tinseth, vice president for marketing at Boeing Commercial Airplanes, became the latest industry executive to look beyond the financial crisis and predict higher production rates as the industry gathers for the June 17-23 Paris Airshow.

Japan orders airlines to inspect modified Dreamliners

Tokyo, Jun 4 (EFE).- Japan's two main airlines, JAL and ANA, have been ordered to thoroughly inspect all of their Boeing 787 Dreamliners after last weekend's discovery of a problem with one of JAL's planes, Transport Minister Akihiro Ota said Tuesday. He also directed the two companies to review their methods for supervising maintenance work performed by manufacturer Boeing, who had modified the battery of that JAL aircraft after the series of technical problems that forced authorities to ground all 787s for about four months.

Boeing defense chief sees rising R&D, margins

WASHINGTON (Reuters) - Boeing Co's defense division <BA.N> expects to continue growing its research and development spending and operating margins in coming years, regardless of what happens with top line revenues, the head of Boeing Defense Space and Security said on Wednesday. "We'll fight our way through this environment," Dennis Muilenburg told the company's investor conference.

Boeing CEO McNerney says interest in 777X is high

(Reuters) - Boeing Co <BA.N> Chief Executive Officer Jim McNerney said on Wednesday that customer interest in the 777X wide-body airplane is "high and still growing," and that he expects to formally launch the aircraft program later this year. The company began offering the next-generation plane to customers May 2. Speaking at an investor conference, McNerney also said the 787-9X, a stretch version of the 787 Dreamliner, remains on track for first flight this year.

Boeing resumes 787 deliveries, starts with ANA

Boeing said Tuesday it has resumed deliveries of its 787 Dreamliner aircraft, suspended since January after the airplane was grounded globally because of overheated battery problems. "Boeing has resumed 787 deliveries with an airplane delivered today in Everett to ANA," the US aerospace giant company said in a statement, referring to Japan's All Nippon Airways and Boeing's factory in Washington state.

Boeing rolls out 787s faster; could mean strong fourth quarter

By Alwyn Scott NEW YORK (Reuters) - Boeing Co <BA.N> said on Thursday it has succeeded in getting its factories to churn out 787 Dreamliners at a faster pace this week, a change that came sooner than expected and positions the plane maker to possibly deliver more of the high-tech jet than forecast. Deliveries of the high-tech jet have not yet resumed since they were suspended in January after two batteries overheated, Boeing said. However, its forecast of delivering more than 60 Dreamliners by year-end has not changed.

Factory orders fall sharply in March

WASHINGTON (Reuters) - New orders for factory goods recorded their biggest drop in seven months in March, but a gauge of planned business spending rose slightly, suggesting businesses are continuing to spend despite a slowdown in factory activity. The Commerce Department on Friday said orders for manufactured goods dropped 4 percent. Economists polled by Reuters had forecast orders falling 2.6 percent after a revised 1.9 percent increase in February.
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