SEATTLE, July 1 (Reuters) – Boeing Co raised list
prices for its jetliners by 2.9 percent on Wednesday, citing a
range of costs that go into making the planes.
The price of the company’s forthcoming 777X, due for
delivery by 2020, rose to $400 million in Boeing’s new price
list, posted on its website on Wednesday. That compared with
$379 million for the larger 747-8, which has struggled to
June 24 (Reuters) – Boeing Co said on Wednesday it
would slow production of its 747-8 jumbo jet to one per month
from March in an effort to keep the production line running amid
sluggish demand for the iconic, humped-top plane.
The plane maker is currently building 747s at a rate of 1.5
a month, and had already announced plans to reduce the rate to
1.3 a month from September.
SEATTLE (Reuters) – Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) said Tuesday that President Dennis Muilenburg will take over as chief executive officer July 1, a transition that comes as the aerospace giant tries to keep pace with an historic boom in the commercial jet market and build its defense business amid tight military budgets.
Muilenburg, 51, will succeed 65-year-old Jim McNerney, who picked Muilenburg as heir apparent in 2013.
Muilenburg, 51, who has been president and chief operating officer since 2013, had been widely seen as McNerney’s successor.
NEW YORK (Reuters) – American Airlines Group said on Monday that it would push back delivery of 35 Airbus Group A320neo family jetliners by several years, a move that it said gives it more flexibility to control capacity growth.
The airline, the world’s largest passenger carrier, still plans to add 74 new planes to its fleet in 2017 and another 35 in 2018.
SANTA MARIA, California (Reuters) – At a Zodiac Aerospace seat factory in the small town of Santa Maria north of Los Angeles, workers on the assembly line frequently sit idle, waiting for parts to arrive.
The factory’s output has more than doubled in recent years, and much of the factory is working overtime shifts and weekends, workers say.
NEW YORK, June 10 (Reuters) – Emirates airline
sees an opportunity to increase direct flights from Europe to
cities other than its Dubai hub, but its chief executive said he
is concerned about harming struggling European carriers.
Emirates also is actively considering a large purchase of
Airbus A350 aircraft and Boeing 787s to replace
older Boeing 777 widebody aircraft that will begin retiring in
MIAMI (Reuters) – Airline executives are showing increasing interest in a new version of Airbus’ A321neo jetliner, in a further sign that the forthcoming plane is taking the battle to Boeing, lessor BOC Aviation Chief Executive Robert Martin said.
“I have met at least 20 CEOs in the last four days, who basically have told me ‘We’re interested in the plane. When have you got them available?’” Martin told Reuters at the conclusion of the International Air Transport Association (IATA) annual meeting in Miami on Tuesday.
MIAMI (Reuters) – The world’s airline trade association said on Tuesday it is pressing for better tracking of commercial jetliners flying over remote areas, but that some of its members may struggle to meet a 2016 deadline for technology improvements.
The International Air Transport Association (IATA) said a November 2016 implementation deadline set by a United Nations aviation agency remains difficult for some members.
MIAMI (Reuters) – Air travelers are all too familiar with carry-on bag anxiety: the feeling sparked by last-minute and sometimes seemingly arbitrary decisions that a piece of luggage is too large to fit in the overhead bin.
On Monday, the world’s aviation trade organization, which also focuses on weighty issues such as flight safety and airline profitability, announced a new minimum luggage size standard and an effort to get world airlines to sign on to the move.