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Boeing sees 787 battery fixes done by mid-May

Boeing voiced confidence Wednesday that all Boeing 787 Dreamliner aircraft, grounded worldwide for overheated lithium-ion batteries, will have had a company fix installed by mid-May. "We have pretty big confidence we can be done with this in a few weeks, by mid-May," Jim McNerney, Boeing chairman, president and chief executive, said in a conference call after the company reported first-quarter earnings. ved/vs/pmh

Boeing profit beats estimates despite 787 problems

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 in midday trading. 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.

Boeing says will meet Dreamliner 2013 delivery target

ADDIS ABABA (Reuters) - Boeing <BA.N> will meet its target of delivering more than 60 of its 787 Dreamliner planes in 2013, a senior company executive said in the Ethiopian capital on Wednesday, after the planes were grounded in January over a technical glitch.

Boeing earnings rise on tax credit

US aerospace giant Boeing Wednesday reported higher first quarter earnings due to a tax credit, despite fewer deliveries of its problem-plagued Boeing 787. Net income for the quarter came in at $1.1 billion, up 20 percent from the year-earlier period of $923 million. That translated into earnings per share of $1.44. The earnings were boosted by a $145 million, or 19 cents per share gain, for a 2012 research and development tax credit. Revenues were $18.9 billion, down 3 percent from the same period last year.

Boeing earnings rise on tax credit

US aerospace giant Boeing Wednesday reported higher first quarter earnings due to a tax credit, despite fewer deliveries of its problem-plagued Boeing 787. Net income for the quarter came in at $1.1 billion, up 20 percent from the year-earlier period of $923 million. That translated into earnings per share of $1.44. The earnings were boosted by a 19 cents per share gain for a 2012 research and development tax credit. Revenues were $18.9 billion, down 3 percent from the same period last year.

U.S. safety board seeks lesson in Boeing 787 battery fire

By Alwyn Scott and Andrea Shalal-Esa WASHINGTON/NEW YORK (Reuters) - The top U.S. transportation safety agency said on Tuesday it is looking beyond what caused a Boeing Co Dreamliner battery fire in January to find larger lessons that can be applied to the airplane certification process and to new technologies.

AFP Americas News Agenda for April 24

Duty Editor: Joseph Krauss Tel: + 1 202 414 0541 What's happening in the Americas on Wednesday: + Boston bombing probe moves forward BOSTON, Massachusetts: Investigators work to unravel the deadly Boston marathon bombings after charging 19-year-old Dzhokhar Tsarnaev for his alleged role in the attacks. Picture. Video (US-ATTACKS)

Europe approves Boeing 787 battery design change

The European Aviation Safety Agency said Tuesday it had approved Boeing's proposed battery design change for its 787 planes, after a problem with overheating grounded the jetliner in January. The green light, which follows a similar move in the United States, will allow the "European operated aircraft to return to service as soon as the modification will be installed," the Germany-based agency said in a statement.

Europe approves Boeing 787 battery design change

The European Aviation Safety Agency said Tuesday it had approved Boeing's proposed battery design change for its 787 planes, after a problem with overheating grounded the jetliner in January. The green light, which follows a similar move in the United States, will allow the "European operated aircraft to return to service as soon as the modification will be installed", the Germany-based agency said in a statement. kjm/fz/arp

Too soon to say if 787 battery issues were design error - Boeing

WASHINGTON (Reuters) - A top Boeing Co <BA.N> executive said on Tuesday it was too early to determine whether problems with the lithium ion batteries on its new 787 Dreamliner that led to the plane's grounding in January stemmed from a design error or some manufacturing problem. Mike Sinnett, Boeing's chief 787 engineer, told an investigative hearing of the National Transportation Safety Board that the batteries had been through thousands of hours of testing before the new airliner began flying, plus additional hours during flight testing.
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