Tim's Feed
Nov 17, 2013

Emirates says to order more A380s at Dubai airshow

DUBAI, Nov 17 (Reuters) – Dubai flag carrier Emirates
will buy more Airbus A380 superjumbos, the
airline’s chairman said at the opening of the Dubai Airshow on
Sunday, adding total plane orders would exceed the $18 billion
agreed at the last event in 2011.

The airline is the largest customer of the A380s, with a
current order of 90 jets.

Nov 16, 2013

Dubai Airshow to open with Gulf spending spree

DUBAI (Reuters) – Gulf airlines are set to place orders worth over $100 billion as the Dubai Airshow gets under way on Sunday, industry sources said, led by record investment in a new Boeing jet.

The birth of a revamped successor to Boeing’s 777 jet, with some 250 orders booked or in the pipeline from four airlines, marks a new step in the growth of Gulf airlines and a fierce contest between Boeing and Airbus (EAD.PA: Quote, Profile, Research, Stock Buzz) for their business.

Nov 14, 2013

Airbus raises order goal but doubts grow over A380 output

PARIS (Reuters) – Airbus parent EADS (EAD.PA: Quote, Profile, Research) posted higher profits and raised its forecast for new aircraft orders and deliveries on Thursday but doubts grew over production rates for its flagship A380 as recession softens demand for the world’s biggest jetliner.

Europe’s largest aerospace group posted a 22 percent increase in its underlying nine-month operating profit to 2.3 billion euros ($3.1 billion), in line with market forecasts.

Nov 14, 2013

EADS raises Airbus forecasts as nine-month profit rises

PARIS (Reuters) – Airbus parent EADS (EAD.PA: Quote, Profile, Research, Stock Buzz) raised its forecast for passenger jet orders and deliveries on Thursday as it posted a 22 percent increase in underlying nine-month operating profit to 2.3 billion euros ($3.1 billion).

Europe’s largest aerospace group said it now expected more than 1,200 commercial jet orders and up to 620 deliveries in 2013, but warned it faced “significant challenges” on cash generation and the development of its new A350 jetliner.

Nov 14, 2013

EADS raises Airbus forecasts as 9-mth profit rises

PARIS, Nov 14 (Reuters) – Airbus parent EADS raised
its forecast for passenger jet orders and deliveries on Thursday
as it posted a 22 percent increase in underlying nine-month
operating profit to 2.3 billion euros ($3.1 billion).

Europe’s largest aerospace group said it now expected more
than 1,200 commercial jet orders and up to 620 deliveries in
2013, but warned it faced “significant challenges” on cash
generation and the development of its new A350 jetliner.

Nov 14, 2013

RPT/AIRSHOW-$100 bln Boeing order bonanza to dominate Dubai show

DUBAI/PARIS, Nov 13 (Reuters) – Boeing looks set to
dominate next week’s Dubai Airshow with more than $100 billion
of deals as it aims to launch its latest long-haul jet with up
to 250 potential orders from as many as five airlines, industry
sources said.

The U.S. planemaker is pressing ahead with the launch of its
777X mini-jumbo despite uncertainty over where it will be made,
with workers at the existing 777 plant outside Seattle holding a
ballot over a new employment contract on Wednesday.

Nov 13, 2013

$100 billion Boeing order bonanza to dominate Dubai show

DUBAI/PARIS (Reuters) – Boeing (BA.N: Quote, Profile, Research, Stock Buzz) looks set to dominate next week’s Dubai Airshow with more than $100 billion of deals as it aims to launch its latest long-haul jet with close to 250 potential orders from five airlines, industry sources said.

The U.S. planemaker is pressing ahead with the launch of its 777X mini-jumbo despite uncertainty over where it will be made, with workers at the existing 777 plant outside Seattle holding a ballot over a new employment contract on Wednesday.

Nov 8, 2013

Boeing warns Seattle could lose 777X if deal rejected

By Tim Hepher and Dominique Vidalon

(Reuters) – Boeing (BA.N: Quote, Profile, Research, Stock Buzz) said on Friday it was ready to re-examine alternative sites for its newest jet if assembly workers and local politicians do not ratify plans to build it in the Seattle area, its traditional manufacturing base.

The U.S. planemaker issued the warning hours after senior members of the International Association of Machinists union were reported to voice opposition to a proposed labor contract that is due to go to a membership vote next Wednesday.

Nov 4, 2013

Boeing seen in advanced talks to make 777X near Seattle

By Tim Hepher and Alwyn Scott

(Reuters) – Boeing is in advanced talks with its machinists’ union to assemble the company’s new 777X jet and build its wings in the Seattle area, several people familiar with the negotiations told Reuters.

Where the jet should be built is one of the most keenly awaited decisions in global aerospace, with workers at Boeing’s commercial base in the state of Washington facing competition from lower-cost, non-unionized states in the South.

Nov 4, 2013

Boeing in advanced talks to build 777X near Seattle -source

Nov 4 (Reuters) – Boeing is in advanced talks with a
leading union to assemble its new 777X jet and build its wings
in the Seattle area, a source familiar with the negotiations
told Reuters.

The U.S. planemaker is expected to launch the latest version
of its popular 777 mini-jumbo with at least 100 orders from Gulf
carriers at the Dubai Airshow later this month.