Oct 22 (Reuters) – Boeing Co reported an 18 percent
increase in quarterly profit and raised its full-year core
earnings forecast for the third time, reflecting booming
commercial aircraft demand and increasing profitability in its
The company earned $1.36 billion, or $1.86 per share, for
the third quarter ended Sept. 30, up from $1.16 billion, or
$1.51 per share, a year earlier.
DAKAR/NEW YORK (Reuters) – The first casualty of a possible U.S. ban on travel to and from Ebola-stricken West African nations could be Washington’s ties with the region and, to a lesser degree, travel and resources businesses exposed to it.
The White House said on Friday that such a ban advocated by many lawmakers was an option but was not being considered now. Lawmakers and medical experts are debating how much good or harm a ban could do and what was the best way to prevent Ebola’s spread at home.
PARIS/NEW YORK (Reuters) – Airbus (AIR.PA: Quote, Profile, Research, Stock Buzz) has won permission for its twin-engined A350 to fly more than six hours on one engine in the event of a breakdown, a key approval that allows its new long-haul jet to fly almost any passenger route.
The European Aviation Safety Agency granted the Airbus jet Extended Operations, known as ETOPS, of “beyond 180 minutes”, but will allow pilots to fly the A350 for up to 370 minutes if one engine shuts down, Airbus said.
Oct 2 (Reuters) – Saying global demand for new aircraft
justifies it, Boeing Co on Thursday announced plans to
raise output of 737 jetliners to 52 a month in 2018, from 42
currently, a record for the already blistering pace of
The move, while widely expected, shows Boeing’s confidence
that its own factory and its network of parts suppliers can step
up to the fastest-ever rate for Boeing’s single-aisle jet.
WASHINGTON (Reuters) – Europe’s air-traffic control organization on Tuesday fleshed out a plan for countries to share non-public intelligence in conflict zones to help airlines avert tragedies such as the one that claimed 298 lives over Ukraine in July.
Frank Brenner, director general of Eurocontrol, told Reuters that his organization is pressing the task force of the International Civil Aviation Organization (ICAO), the United Nations aviation agency, for member states to share the background information they use in assessing airspace risk.
WASHINGTON (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) on Monday said it would move the majority of its defense services and support work out of Washington state to other U.S. cities, affecting the jobs of about 2,000 of its 5,200 defense employees in the Puget Sound region.
The changes, first reported by Reuters earlier Monday, are part of ongoing efforts by Boeing to streamline its defense business, and will not affect its P-8A spy plane or KC-46 aerial refueling tanker programs. Both of those programs are based on commercial jetliners made in the area.
WASHINGTON (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) plans to announce further streamlining of its defense business on Tuesday, moving significant portions of its defense operations out of Washington state, according to multiple sources familiar with the matter.
The consolidation would focus on defense support services and would not affect Boeing’s P-8A spy plane or KC-46 aerial refueling tanker programs, the sources said. Both programs are built on commercial jetliners made in the Puget Sound region of Washington state.
WASHINGTON (Reuters) – The U.S. aviation safety agency’s top official said on Monday he has asked for a review of all U.S. air traffic control contingency plans and security policies, following a fire on Friday that crippled air travel over much of the Midwestern U.S.
Speaking at an industry conference, Federal Aviation Administration Administrator Michael Huerta said the agency won’t hesitate to make changes in security policies if needed.
SEATTLE (Reuters) – The U.S. aviation safety regulator has proposed requiring operators of some Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) 787 Dreamliners to replace parts near the plane’s lithium battery in an effort to improve the plane’s ability to fight an on-board fire.
In a directive issued on Tuesday, the Federal Aviation Administration said it had received reports that some 787-8 planes did not have foam-like plugs properly installed as required to keep a fire-suppression chemical in an electrical compartment in the plane.
SEATTLE (Reuters) – Agriculture, mining and numerous other industries are likely to be cleared to fly drones now that U.S. regulators have allowed remote-piloted planes to shoot television and movie scenes, according to the key lawyer in the regulatory action.
But drones will not be carrying packages to doorsteps anytime soon because the technology to land safely is not well-developed, attorney Jonathan Hill, who filed the drone use requests that regulators approved on Thursday, told Reuters.