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Boeing faces pressure for cash compensation over 787

March 20, 2013 13:30
By Tim Kelly and Kentaro Sugiyama TOKYO (Reuters) - Pressure grew on Wednesday for Boeing to compensate airlines in hard cash for disruption caused by the grounding of its 787 Dreamliner as two airlines manoeuvred for immediate help instead of future purchase discounts. Leading 787 customer All Nippon Airways <9202.T> wants cash refunds, rather than discounts on future orders, for losses inflicted by the worldwide grounding in place since mid-January, a person familiar with the airline's intentions told Reuters.

Airlines see profits rising 58 percent in 2013

March 20, 2013 13:00
By Robert Evans GENEVA (Reuters) - The global airlines body IATA predicted on Wednesday that the industry would increase profits by 58 percent this year, driven by growing passenger and cargo demand in emerging markets and better prospects for the world economy. But IATA, the International Air Transport Association, warned that the spin-off from the Cyprus banking crisis and its effect on the stability of the euro could reverse the upward trend in total industry revenues.

ANA wants Boeing cash, rather than discounts, for 787 grounding - source

March 19, 2013 23:30
By Tim Kelly and Kentaro Sugiyama TOKYO (Reuters) - All Nippon Airways, the biggest customer for Boeing Co's 787 Dreamliner, wants the planemaker to compensate it in cash, rather than discounts on future purchases, for losses racked up since the aircraft was grounded worldwide in mid-January, said a person familiar with ANA's intention.

Boeing expects 787 battery tests to be finished in ''week or two''

March 15, 2013 11:45
NEW YORK (Reuters) - Boeing Co <BA.N> said Friday it is far enough along in testing its fixes for the 787 Dreamliner that it expects testing can be concluded "within the next week or two," allowing the planemaker to confidently predict that the jet will be flying again within weeks, not months. "We should be able to finish those tests in the next week or two," Ron Hinderberger, vice president of 787-8 engineering for Boeing Commercial Airplanes, told a press conference Friday.

Boeing says Dreamliner back in service in 'weeks'

March 15, 2013 05:00
The grounded Dreamliner is "absolutely" safe and will be back in the air within weeks, planemaker Boeing said in Japan on Friday as it sought to reassure airlines and passengers about the aircraft. The 50 planes grounded around the world since two lithium-ion battery malfunctions sparked a global no-fly order in mid-January will undergo fixes to their systems and be operational again soon, senior executives said. "I get often asked if I think the airplane is still safe. My answer is simple: absolutely," Mike Sinnett, the chief project engineer on the 787, told reporters.

Boeing says Dreamliner back in service in 'weeks'

March 15, 2013 02:31
The grounded Dreamliner is "absolutely" safe and will be back in the air within weeks, planemaker Boeing said in Japan on Friday as it sought to reassure airlines and passengers about the aircraft. The 50 planes grounded around the world since two lithium-ion battery malfunctions sparked a global no-fly order in mid-January will undergo fixes to their systems and be operational again soon, senior executives said. "I get often asked if I think the airplane is still safe. My answer is simple: absolutely," Mike Sinnett, the chief project engineer on the 787, told reporters.

Dreamliner back in service in 'weeks': Boeing

March 15, 2013 00:30
The grounded Dreamliner is "absolutely" safe and will be back in the air within weeks, planemaker Boeing said in Japan on Friday, as it sought to reassure airlines and passengers about its aircraft. The 50 planes grounded around the world since two lithium-ion battery malfunctions sparked a global no-fly order in mid-January will get fixes to their systems and be operational again soon, senior executives said. "I get often asked if I think the airplane is still safe. My answer is simple: absolutely," Mike Sinnett, the chief project engineer on the 787, told reporters.

Dreamliner 'absolutely' safe: Boeing executive

March 14, 2013 23:15
The grounded Dreamliner is "absolutely" safe and will be back in the air within weeks, planemaker Boeing said in Japan on Friday, as it sought to reassure airlines and passengers about its aircraft. The 50 planes grounded around the world since two battery malfunctions sparked a global no-fly order in mid-January will get fixes to their systems and be operational again soon, senior executives said. "I get often asked if I think the airplane is still safe. My answer is simple: absolutely," Mike Sinnett, the chief project engineer on the 787, told reporters.

Boeing sees 787 airborne in weeks; timetable questioned

March 14, 2013 21:30
By Tim Kelly and Mari Saito and Alwyn Scott TOKYO/NEW YORK (Reuters) - Boeing Co <BA.N> said Friday its 787 Dreamliner jets could be airborne within weeks using a new battery system that includes safeguards against overheating, a prediction that drew scepticism from some regulators and industry experts. Japanese regulators immediately warned that the timetable was impossible to predict, in part because investigators still do not know what had caused lithium-ion batteries to overheat on two 787s.

airlines-fuel efficiency

March 13, 2013 21:16
SEOUL, March 14 (Yonhap) -- Asiana Airlines Inc., South Korea's No. 2 flag carrier, has been named the best airline in fuel efficiency in the country, the government said Thursday. The Ministry of Land, Transport and Maritime Affairs made the announcement, citing a test by the Korea Transportation Safety Authority on the amount of greenhouse gas emissions by Asiana Airlines and five other local carriers.
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