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Boeing defense chief sees rising R&D, margins

May 22, 2013 10:47
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

May 22, 2013 10:15
(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

Agence France-PresseMay 15, 2013 02:00
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

May 11, 2013 20:15
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

May 7, 2013 11:42
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.

Boeing 'taking next step' toward new 777 plane launch

Agence France-PresseMay 2, 2013 15:45
Boeing is moving forward on launching the new version of its long-range 777 jetliner in talks with customers, company officials said Thursday. "We are taking the next step when it comes to engaging customers on the 777X," said Doug Alder, spokesman for Boeing's Commercial Airplanes unit, referring to the new version dubbed 777X. "We've made great progress in our development work and have begun to discuss additional technical, pricing and schedule details with customers," he said in an email to AFP.

Japan to allow Boeing 787s to fly again: Tokyo official

Agence France-PresseApril 25, 2013 21:00
Japanese aviation authorities said Friday they would allow airlines to resume flights of the Boeing 787 Dreamliner, following US approval. "As the FAA (Federal Aviation Administration) is to approve the resumption as of Friday morning US time, we will take the same step," an official at the transport ministry said. si-mis/ami

FAA : 787 can fly after battery systems modified

Agence France-PresseApril 25, 2013 16:01
The US Federal Aviation Administration on Thursday issued formal approval of Boeing's 787 battery fix that will clear the way for the troubled aircraft to fly again. The FAA's new airworthiness directive for the 787 requires the installation of new and auxiliary power unit batteries and their respective chargers, as well as battery enclosures and ducts. "Once the aircraft are in compliance with the AD, they can return to service," an FAA spokesman said in an email.

Boeing profit beats estimates despite 787 problems

April 24, 2013 19:15
By Alwyn Scott NEW YORK (Reuters) - Boeing Co's <BA.N> first-quarter earnings jumped nearly 20 percent, handily beating analysts' estimates and showing little impact from the 787 Dreamliner problems, sending the company's shares up more than 3 percent. Boeing, in its quarterly report on Wednesday, stood by its sales, earnings and cash forecasts for the full year, reassuring investors that it expects to deliver all of the jets it had planned, including Dreamliners.
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