Boeing (BA) Declares $1.42 Quarterly Dividend; 2.8% Yield

Are you being served? Planemakers alter sales pitch to boost profit

June 23, 2017 12:39 PM EDT

By Tim Hepher and Victoria Bryan

PARIS (Reuters) - Airbus and Boeing leave this week's Paris Airshow with plans for ambitious growth in aviation services, as flattening demand for new jets and pressure to raise profit margins encourages planemakers to deepen their exposure to airline operations.

The two largest planemakers set out their stalls at the world's biggest air show in a series of announcements that could set them in competition with some of their suppliers and even some of the airlines that have ordered jets in recent years.

The overlap reflects the complexity of... More

Beyond air show, newcomers challenge Airbus-Boeing duopoly

June 22, 2017 2:08 PM EDT

By Matthias Blamont and Victoria Bryan

PARIS (Reuters) - This year's Paris Air Show was dominated by the annual order battle between Airbus (NYSE: AIR) and Boeing (NYSE: BA), but industry executives said the duopoly will be forced to share the stage at future shows as newcomers from Russia, China and Japan muscle into the passenger plane market.

Japan's Mitsubishi Aircraft Corp brought its MRJ regional jet to Europe for the first time during the air show. China and Russia carried out maiden flights of new narrow-body... More

Boeing (BA) PT Raised to $218 at Morgan Stanley

June 22, 2017 8:45 AM EDT

Morgan Stanley raised its price target on Boeing (NYSE: BA) to $218.00 (from $192.00) while maintaining a Equalweight rating.

... More

Sales chief says Boeing won 571 orders and commitments

June 22, 2017 7:38 AM EDT

PARIS (Reuters) - Boeing (NYSE: BA) said it had won 571 orders and commitments for jetliners at the Paris Airshow, upstaging European rival Airbus (NYSE: AIR) after the launch of a new model of its 737 MAX passenger jet.

Sales chief Ihssane... More

Boeing (BA) Confirms Orders & Commitments for 571 Airplanes Valued at $74.8B at Paris Air Show

June 22, 2017 7:15 AM EDT

Boeing (NYSE: BA) strengthened its market position with important announcements and multi-billion dollar orders and commitments for commercial airplanes and commercial and defense services at the 2017 Paris Air Show.

The company launched the 737 MAX 10, the newest member of the 737 MAX family, with more than 361 orders and commitments from 16 customers worldwide. This wide market acceptance endorsed the 737 MAX 10 as the industry's most efficient and profitable single-aisle airplane.

Commercial customers announced incremental orders and commitments during the week for a total of 571 Boeing airplanes, valued at $74.8 billion at list prices.

Boeing revealed its... More

Boeing (BA) Announces $14B Commitment with Unidentified Customer for 125 - 737 MAX 8 Airplanes

June 22, 2017 6:13 AM EDT

Boeing (NYSE: BA) has signed an agreement with an unidentified major airline customer for 125 737 MAX 8 airplanes, valued at more than $14 billion at list prices. The agreement also includes purchase rights for an additional 50 airplanes.

The agreement will be reflected on the Boeing... More

Boeing (BA) Secures $294M Order from Tassili Airlines for 3 - Next Generation 737-800s at Paris Air Show

June 22, 2017 6:09 AM EDT

Boeing (NYSE: BA) and Tassili Airlines today announced an order for three Next-Generation 737-800 airplanes, valued at over $294 million at list prices, at the 2017 Paris Air Show. The order was previously attributed to an unidentified customer on Boeing's Orders & Deliveries website.

"The 737 has played a critical role in the development of... More

Boeing (BA) Updates Order from AerCap to 15 - 737 MAX 10s

June 22, 2017 5:50 AM EDT

Boeing (NYSE: BA) and AerCap announced an order for 15 737 MAX 10s at the 2017 Paris Air Show. Under the agreement, AerCap will convert 15 of its current 737 MAX airplanes into MAX 10s.

Aercap currently has 100 737 MAX airplanes on order. Earlier this week, the leasing company... More

Boeing (BA) Secures $2.2B MOU from Ruili Airlines for 20 - 737 MAX Airplanes at Paris Air Show

June 22, 2017 5:46 AM EDT

Boeing (NYSE: BA) and Ruili Airlines today announced the signing of a Memorandum of Understanding for 20 737 MAX airplanes at the 2017 Paris Air Show.

The airplanes, valued at approximately $2.2 billion at current list prices, will be posted to the Boeing Orders & Deliveries website once all... More

Boeing wins Paris order race after launching new model

June 22, 2017 4:51 AM EDT

By Victoria Bryan and Tim Hepher

PARIS (Reuters) - Boeing (NYSE: BA) won a race for new business at the Paris Airshow, rolling out a new model of its best-selling 737 airliner that helped it claim back the order crown from rival Airbus (NYSE: AIR)

After a show in which both manufacturers did brisk business under a sweltering sun, the European planemaker said on Thursday it had won 346 net new orders and commitments - including a last-minute order for 20 - while U.S. rival Boeing reached 571.

That... More