Alwyn's Feed
Sep 18, 2014

Air Lease urges Boeing, Airbus caution on raising jetliner output

NEW YORK, Sept 18 (Reuters) – The president of Air Lease
Corp, a major jetliner leasing company, on Thursday urged
Boeing Co and Airbus Group SA to be cautious
about further increases in the production rates of jetliners,
saying their plans to do so put suppliers at risk of breakdown.

Suppliers already are operating at “absolute capacity” and
their ability to keep pace with rate increases being discussed
by Boeing and Airbus is a “major concern of ours,” Air Lease
Corp President John Plueger said at a meeting of the Wings Club,
an aviation group, in New York.

Sep 18, 2014

Air Lease Corp urges caution on Boeing, Airbus raising jetliner output

NEW YORK, Sept 18 (Reuters) – The president of Air Lease
Corp, a major jetliner leasing company, on Thursday urged
Boeing Co and Airbus Group SA to be cautious
about further increasing jetliner production rates, saying the
planned output increases put suppliers at risk of breakdown.

Suppliers already are operating at “absolute capacity” and
their ability to keep pace with rate increases being discussed
by Boeing and Airbus is a “major concern of ours,” Air Lease
Corp President John Plueger said at a meeting of the Wings Club,
an aviation group, in New York.

Sep 17, 2014

Boeing airplanes chief says considering 52 737s a month by 2018

NEW YORK, Sept 17 (Reuters) – Boeing Co appears
increasingly likely to boost production of its top-selling 737
jetliners to 52 a month starting in 2018 after the head of its
commercial airplanes business spoke about that possibility on
Tuesday.

“Our focus today would be around a 52-a-month rate in (737
production) somewhere in that 2018 time frame,” Boeing
Commercial Airplanes Chief Executive Officer Ray Conner told an
investor conference held by Morgan Stanley.

Sep 13, 2014

Over half of Boeing’s fighter-jet plant machinists opt for voluntary buyouts

By Alwyn Scott

(Reuters) – More than half of the Boeing Co machinists at its fighter-jet plant in St. Louis, Missouri, have signed up to take voluntary buyouts, the International Association of Machinists and Aerospace Workers said on Friday.

About 1,300 of the 2,300 machinists at the St. Louis plant had signed up for the plan by a recent deadline, but not all who signed up will take it as some will reconsider their options, the IAM said.

Sep 12, 2014

Boeing unconcerned by Ex-Im’s potential support for Airbus

WASHINGTON (Reuters) – A top Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) executive on Thursday showed no concern that rival Airbus (AIR.PA: Quote, Profile, Research, Stock Buzz) could receive U.S. Export-Import Bank financing for its U.S-manufactured jetliners if it met qualifications.

Boeing President and Chief Operating Officer Dennis Muilenburg rebutted the European planemaker’s view that U.S. export finance is more favorable than what European credit agencies offer.

Sep 11, 2014

Boeing, Airbus seriously studying speeding factories

WASHINGTON, Sept 11 (Reuters) – Boeing Co and
European rival Airbus said on Thursday they are both
considering seriously whether to make their best-selling
narrow-body jetliners at faster rates, news that may cheer
investors in the short term but could raise longer-term market
concerns.

Airbus is studying whether to increase production of its
best-selling A320-family aircraft beyond the record level of 46
jets a month already targeted for 2016, and a decision could
come by year-end, Airbus Americas President Barry Eccleston told
the Reuters Aerospace and Defense Summit in Washington.

Sep 10, 2014

U.S. Ex-Im bank would back Airbus sales -Hochberg

WASHINGTON, Sept 10 (Reuters) – The U.S. Export-Import Bank
would provide financing for exports of Airbus Group
jetliners, provided they were assembled in the United States
with sufficient content from domestic suppliers, the bank’s head
said on Wednesday.

“We’re about U.S. jobs,” Ex-Im Bank President Fred Hochberg
told the Reuters Aerospace and Defense Summit in Washington.

Sep 10, 2014

U.S. Ex-Im bank would back Airbus export sales, chief says

WASHINGTON (Reuters) – The U.S. Export-Import Bank would provide financing for exports of Airbus Group (AIR.PA: Quote, Profile, Research, Stock Buzz) jetliners, provided they are assembled in the United States with sufficient content from U.S. suppliers, the bank’s head said on Wednesday.

“We’re about U.S. jobs,” Ex-Im Bank President Fred Hochberg told the Reuters Aerospace and Defense Summit in Washington.

Sep 8, 2014

Boeing feels strong pressure to increase 737 jet output

NEW YORK, Sept 8 (Reuters) – Ray Conner, chief executive of
Boeing Co’s commercial airplanes business, said on Monday
the planemaker is being pressured to raise the production rate
of its 737 jetliner, another signal the company is about to
announce rate increases beyond current targets.

“There’s incredible pressure to go higher,” Conner said at a
news conference in New York to announce the $11 billion sale of
737 MAX planes to Irish low-cost carrier Ryanair Holdings Plc
, starting in 2019.

Sep 8, 2014

Boeing feels strong pressure to lift 737 jet output: CEO

NEW YORK (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) Chief Executive Officer Ray Conner said on Monday the planemaker is feeling “incredible pressure” to increase the production rate of the 737 jetliner, another signal the company is poised to announce further rate increases beyond current targets.

“There’s incredible pressure to go higher” in rate, Conner said at a news conference in New York to announce an $11 billion sale of 737 MAX planes to Irish low-cost carrier Ryanair Holdings Plc (RYA.I: Quote, Profile, Research, Stock Buzz), starting in 2019.