Boeing (BA) Reports Projections for Middle Eastern New Airplane Market of $730B Over Next 20-Yrs

Boeing's (BA) Tapesty Solutions Inc. Secures $26M Contract from US Air Force To Develop Advanced Airdrop Mission Planning Software for Military Transport Aircraft

The U.S. Air Force has selected Tapestry Solutions, Inc., a Boeing Company (NYSE: BA), to develop advanced mission planning software for airdrop missions tailored to the C-17 and C-130 military transport aircraft. Work will be performed under a Mission Planning Enterprise Contract II (MPEC II) delivery order, which is valued at $26 million over a four-year period.

Tapestry, the prime contractor, has teamed with Jacobs Engineering and MORSE Corp to provide software development for Consolidated Airdrop... More

Boeing (BA) Reports Strategic Training Agreement with Royal Jordanian Airlines

Boeing (NYSE: BA) and Royal Jordanian Airlines today announced at the 2017 Dubai Air Show the carrier has selected Boeing to provide its 787 flight training. Under the five-year strategic agreement, Boeing will provide Royal Jordanian with a comprehensive training solution, including pilot type-rating and recurrent training at its London... More

Boeing (BA) Secures $1.3B Order from Ethiopian Airlines for 4 - 777 Freighters

Boeing (NYSE: BA) and Ethiopian Airlines announced an order for four Boeing 777 Freighters the world's largest and longest-range twin-engine cargo jet in a deal valued at more than $1.3 billion at list prices.

The deal includes a new order for two freighters. It also includes two freighters the airline announced as a commitment in June that finalized into a firm order and posted on Boeing's Orders & Deliveries website this month.

"This airplane order will provide Ethiopian's Cargo &... More

Boeing (BA) Reports Commitment with Emirates to Purchase 40 787-10 Dreamliners at 2017 Dubai Airshow

Boeing (NYSE: BA) and Emirates, one of the world's largest airlines, announced a commitment to purchase 40 787-10 Dreamliners at the 2017 Dubai Airshow. The deal, including airplanes and related equipment, is valued at $15.1 billion at current list prices.

Emirates is the world's largest Boeing 777 operator and will be the first to receive the new 777X in 2020. In selecting the 787-10, Emirates complements their 777 fleet with a medium twin-aisle airplane that offers 25 percent better fuel efficiency per seat and emissions than the airplanes it replaces.

"Emirates' orders today will be delivered from 2022,... More

Options expected to have increasing volume: GGP BPY BA WMT

Options expected to have increasing volume: GGP BPY BA WMT

Bombardier in talks to reshuffle Delta CSeries deliveries

By Alexander Cornwell

DUBAI (Reuters) - Bombardier Inc is in talks to reshuffle Delta Air Line (NYSE: DAL) CSeries delivery slots with other customers in case a trade dispute holds up the U.S. carrier's order, a senior executive said on Sunday.

A U.S. trade commission will decide in early 2018 on whether to... More

Membership revoked? Veteran GE's spot in exclusive Dow may be shaky

By Lewis Krauskopf

NEW YORK (Reuters) - It is hard to imagine the Dow Jones Industrial Average without General Electric Co (NYSE: GE). The U.S. industrial conglomerate's stock is the lone original component of the venerable blue-chip index that debuted in 1896.

But GE's dwindling share price and the likelihood that its new chief executive will dramatically slim down its sprawling operations is leading some index-watchers to consider the possibility of the company losing its membership in the elite 30-stock Dow .

"Since it is trading at a... More

Emirates places provisional order for 40 Boeing 787-10

DUBAI (Reuters) - Dubai's Emirates unveiled a provisional order for 40 Boeing (NYSE: BA) 787-10 jetliners, worth $12.5 billion at list prices, at the Dubai Airshow on Sunday.

Emirates chairman, Sheikh Ahmed bin Saeed al-Maktoum, said the carrier had chosen the latest version of Boeing's... More

Boeing takes head start in Dubai with Emirates Dreamliner order

By Tim Hepher and Alexander Cornwell

DUBAI (Reuters) - Emirates unveiled a preliminary order worth $15 billion for 40 Boeing (NYSE: BA) jets on Sunday, but kept Europe's Airbus (NYSE: AIR) waiting for a lifeline order for A380 superjumbos as the Dubai Airshow opened amid worries over tensions in the Middle East.

The largest Middle East carrier signed a draft deal for the largest version of Boeing's Dreamliner, the 787-10, watched by Dubai Ruler Sheikh Mohammed bin Rashid al-Maktoum, credited for the launch of Emirates more than 30 years ago.... More

Boeing nears deal with Emirates for 787-10 jets: sources

DUBAI (Reuters) - Boeing (NYSE: BA) is close to a deal to sell around 40 of its 787-10 passenger jets to Dubai's Emirates, sources familiar with the matter told Reuters on Sunday.

The deal, which may be announced as early as this week's Dubai... More

Emirates partners with Mercedes, Jeremy Clarkson for new first class

By Alexander Cornwell and Tim Hepher

DUBAI (Reuters) - Dubai airline Emirates [EMIRA.UL] joined forces with Mercedes-Benz and motoring journalist Jeremy Clarkson to launch its new first-class suites on Sunday, inspired by the styling of luxury car interiors.

Emirates, which was the first airline to put showers on commercial jets, rolled out the futuristic design at the start of the Dubai Airshow.

"This is the first time we have seen anything like this in the civil aviation world," Emirates President Tim... More

Emirates may order 36-38 Airbus A380 jets: source

By Tim Hepher and Alexander Cornwell

DUBAI (Reuters) - Dubai's Emirates [EMIRA.UL] may place an order at the Dubai Airshow for 36-38 Airbus A380 superjumbo jets, worth some $16 billion at list prices, a person familiar with the matter told Reuters on Saturday.

Emirates and Airbus (NYSE: AIR) both declined to comment.

The... More

Boeing sees steady Gulf demand, interest in mid-sized jet

By Tim Hepher

DUBAI (Reuters) - Boeing (NYSE: BA) sought to dispel concerns about a slowdown in the growth of Gulf airlines as the aerospace industry gathered on Saturday for the Dubai Airshow.

Speaking on the eve of the showcase event, executives at the U.S. planemaker also played down the impact of growing political tensions in the region.

"Traffic is coming back and yields are improving and this is going to be a very positive backdrop to the Dubai Airshow," Marty Bentrott, vice president for... More

Boeing books order for two new Air Force One jets

NEW YORK (Reuters) - Boeing Co (NYSE: BA) said on Thursday it had formally booked an order for two 747 jumbo jets that will become aircraft for the U.S. president.

The U.S. Air Force wants the jets to be available for use... More

Boeing (BA) and China Announce Airplane Sales During Presidential Trade Mission

Boeing (NYSE: BA) and China Aviation Suppliers Holding Company (CASC) today signed an agreement for 300 airplanes during a ceremony in Beijing. It was part of the United States trade mission to China, and was signed by Kevin McAllister, Boeing Commercial Airplanes president... More

Lockheed to work with U.S. in bid to sell F-35s to Germany: CEO

By Joachim Dagenborg

KONGSBERG, Norway (Reuters) - Lockheed Martin Corp (NYSE: LMT) will work with the U.S. government as it talks to Germany about a replacement for its Tornado fighter jets, its chief executive said on Thursday, adding she believed Lockheed's F-35 would be the "best choice" for Berlin.

Germany is kicking off the process of replacing its 85 Tornado jets, which will go out of service around 2030. The program could be worth billions of euros in coming years.

The German air force... More

Boeing signs deal to sell 300 planes worth $37 billion to China

By Alwyn Scott

(Reuters) - Boeing Co (NYSE: BA) said it signed an agreement on Thursday to sell 300 planes to China Aviation Supplies Holding Company worth $37 billion at list prices, one of several deals announced during a state visit by U.S. President Donald Trump to Beijing.

General Electric Co (NYSE: GE) said it had signed jet engine deals worth $2.5 billion and a $1 billion agreement for power plant equipment and services.

State-run China Aviation Supplies, which leases planes to Chinese airlines, said the... More