Posts tagged "boeing"
16 May 2013

  • Plane-leasing company Aircastle aims to double its assets with help from Asia

    Transport

    Aircastle Ltd. aims to double its aircraft leasing assets to $10 billion over the next five years as rising travel in Asia spurs demand for planes. The jet-leasing company, which owns 159 aircraft, plans to invest $850 million this year, Chief Executive Officer Ron Wainshal said in an interview in Tokyo yesterday. Aircastle, based at [...]

  • Airbus could snatch up Boeing’s Japanese customers after Dreamliner chaos

    Transport

    Airbus SAS is in discussions with Japan’s two biggest carriers about an order for its A350-1000, a long-range plane aimed at eroding Boeing Co.’s dominance in wide-body aircraft, three people familiar with the talks said. Negotiations with ANA Holdings Inc. and Japan Airlines Co. are advanced, and JAL may place an order by September to [...]

15 May 2013

  • Boeing resumes 787 deliveries, reaching turning point in Dreamliner fiasco

    Transport

    Boeing Co. resumed deliveries of its high-tech 787 Dreamliner jet on Tuesday, ending a period of nearly four months in which it was unable to provide new planes to customers because of safety concerns about the battery system. The delivery of the first jet with a redesigned battery system marks a turning point in Boeing’s [...]

14 May 2013

  • Airbus looks to dominate headlines at Paris air show with A350 rollout

    Transport

    Airbus SAS engineers are working 13-hour days to get the company’s latest A350 plane off the ground in time to scoop the headlines at next month’s Paris air show. A flight around the year’s biggest aviation expo, starting June 17, would let Airbus steal the limelight from Boeing Co., which aims to use the event [...]

13 May 2013

  • United 787 Dreamliner to resume schedule May 20

    Transport

    United Airlines will restart Boeing 787 “Dreamliner” flights on May 20, putting the aircraft on hub-to-hub routes out of Houston Bush Intercontinental. United spokeswoman Christen David confirmed the news to Today in the Sky, saying the Dreamliner flights became visible in United’s reservation system with a May 4 schedule update. Until that update, United’s resumption of [...]

10 May 2013

  • Iberia continues to drag down British Airways as IAG’s losses add up in Q1

    Transport

    International Airlines Group reported wider first-quarter operating losses on Friday, as deepening trouble at its Spanish carrier Iberia wiped out progress at British Airways. IAG, Europe’s third-biggest airline group by market value, made an operating loss of 278 million euros ($364 million) in the year’s first three months, traditionally weak for airlines. The Spanish carrier [...]

08 May 2013

  • Airbus skips extravagant rollout party, plans for quiet A350 launch

    Transport

    Airbus has started painting the A350, a sign it is approaching a maiden flight, but has bowed to the industry’s increasingly pragmatic mood by deciding against a traditional “rollout” for its newest jet. Eight years after European leaders witnessed a spectacle worthy of stadium opera to launch the A380 superjumbo, Europe’s latest aeronautical venture will [...]

06 May 2013

  • Qatar Airways CEO says Dreamliner grounding lost $200 million in revenue

    Transport

    Qatar Airways had to forego $200 million in lost revenue up until April 2013 because of the grounding of Boeing’s 787 planes, the airline’s Chief Executive Akbar Al Baker said on Monday. The airline has said it will receive compensation from Boeing for the grounding of its 787 Dreamliners after U.S. regulators ordered the grounding [...]

02 May 2013

  • Boeing planning world’s longest-range passenger jet, dubbed 777-8X

    Transport

    Boeing has shown airlines a blueprint for the world’s longest-range passenger jet, adding spice to a long-awaited revamp of its 777 wide-body jet, people familiar with the matter said. Boeing on Wednesday launched a race against Airbus for sales of the newest long-haul jets by announcing it had begun selling an upgraded aircraft family code-named [...]

30 Apr 2013

  • Cost of Dreamliner grounding for Japanese airlines estimated at $110 million

    Transport

    ANA Holdings and Japan Airlines Co Ltd which together operate nearly half the world’s fleet of Boeing Co Dreamliners, estimate the jet’s three-month grounding will shave a combined $110 million of operating profit, an expense they may ask the American aircraft maker to shoulder. ANA, which owns 17 Dreamliners, estimates the revenue loss from mid-January [...]