Boeing could move work overseas due to Ex-Im Demise

737 Max

Boeing Company Chairman W. James McNerney startled a Washington audience on Wednesday by suggesting Boeing may need to move some operations offshore if the Export-Import Bank is not reauthorized. The federal agency’s charter expired June 30 due to opposition from conservative Republicans, leaving the nation’s sole export-credit agency with no authority to extend new credit […]

ANALYSIS: Engine makers prepare for possible new Boeing aircraft

Jet Engine Rolls-Royce

By the end of the decade, a remarkable six clean-sheet commercial aircraft engines spanning two generations of propulsion technology are expected to enter service. That long parade of fleet introductions – sporting all-new propulsion brands such as GEnx, Trent 1000, Trent XWB, PW1000G, Leap and GE9X – are aimed either at replacing decade-old families of […]

Boeing Co 787 Dreamliner Team Gets New Chief

Kevin Jenks the new head of its 787 Dreamliner

The Boeing Co. has named Mark Jenks as the new Chief of its 787 Dreamliner program. He will replace Larry Loftis who will retire at the end of this month after 35 years of serving the company. Mark Jenks is currently Loftis’ deputy general manager and has worked on the 787 since its earliest days. […]

Boeing: Ex-Im Bank not about plane sales, but global competitiveness

Boeing CEO Dennis Muilenburg says reauthorization of the Export-Import Bank isn’t about helping his company sell airplanes, but about giving American businesses a level playing field with the rest of the world. “This is about long-term, global competitiveness,” Muilenburg said last week during his first earnings call as chief executive officer. “And that’s why we’re […]

Higher Aircraft Deliveries Help Boeing Overcome A $500 Million Charge

Boeing 777 Generic Nice long

Boeing reported Wednesday morning that it recorded $24.5 billion in second quarter revenue, up 11% year-over-year, thanks largely to a 9% jump in commercial aircraft deliveries. The aircraft maker delivered 197 commercial airplanes during the second quarter, up from 181 deliveries in the year-ago period; these deliveries spurred 18% growth in Boeing’s commercial airplane revenue, […]

Boeing warns Airbus over reports of state aid

Airbus Boeing

Boeing has warned arch rival Airbus over unconfirmed reports that it wants state aid for a new version of its A380 super-jumbo jet. Ray Conner, head of Boeing Commercial Airplanes, said subsidies or loans for a new airliner would breach World Trade Organisation (WTO) rules. Airbus said it would not comment as it had not […]

Boeing, Airbus Assess Impact of Blast at Zodiac Plant in Washington State

Airbus Boeing

Boeing Co. and Airbus Group SE said on Wednesday that they are assessing whether commercial jetliner production could be affected by an explosion at a Washington state factory run by a key supplier of interior components, such as lavatories and overhead bins. Zodiac Aerospace SA said the blast late Tuesday at its facility in Newport, […]