Articles tagged “boeing”

Boeing Will Deliver Some New Narrowbody Jets Late Because of Supplier Issues

Boeing Will Deliver Some New Narrowbody Jets Late Because of Supplier Issues

Julie Johnsson, Bloomberg

Boeing and Airbus are producing more of their popular narrow-body jets than ever. Unfortunately, some suppliers can't keep up, and that's causing delays.

2 weeks ago

Nigeria Reveals Plans for a New National Airline

Nigeria Reveals Plans for a New National Airline

Christopher Jasper, Bloomberg

Nigeria Air could easily end up like South African Airways, chronically hemorrhaging money, but hopefully more like Ethiopian Airlines, a dominant force on the continent.

1 month ago

United Airlines Doesn’t Want to Fly Too Many Types of Aircraft

United Airlines Doesn’t Want to Fly Too Many Types of Aircraft

Justin Bachman, Bloomberg

If United is so concerned about fleet complexity, look for it and its regional partners to fly a fleet of mostly Boeing and Embraer aircraft long-term. That'll be fine for passengers, who rarely care who manufactures aircraft they fly.

1 month ago

Boeing’s New Business Unit Chases Future Air Travel Technologies

Boeing’s New Business Unit Chases Future Air Travel Technologies

Julie Johnsson, Bloomberg

The movie Blade Runner 2049 includes only a few flying cars. Does their absence reflect problems? Questions of safety and price are also relevant to Boeing's new business unit Next as it develops flying cars in concert with outside vendors.

1 month ago

Asian Airlines Don’t Want President Trump To Know What Planes They’ve Ordered

Asian Airlines Don’t Want President Trump To Know What Planes They’ve Ordered

Julie Johnsson and Benjamin Katz, Bloomberg

This is crazy. According to Airbus, some Asian airlines don't want to publicly divulge their aircraft orders for fear of angering the Tweeter-in-Chief. What a mess.

1 month ago

Boeing Predicts Budget Carriers Will Buy More Short-Haul Jets and Boost Its Profits

Boeing Predicts Budget Carriers Will Buy More Short-Haul Jets and Boost Its Profits

Julie Johnsson, Bloomberg

Boeing's market forecast is remarkably bullish. That's fine, but remember the forecast doesn't take into account all the stuff that could go wrong. We might see higher fuel prices, geopolitical unrest, or trade wars in the coming years. It is absolutely a best-case scenario.

1 month ago

Boeing May Shift Its Profit Mix From Selling to Servicing Planes

Boeing May Shift Its Profit Mix From Selling to Servicing Planes

Julie Johnsson, Bloomberg

Many automakers today make most of their profit on selling warranties for maintenance and service, rather than on selling the vehicles themselves. Boeing is considering a move to a similar model for its airplane sales. This move may become possible thanks to a more sophisticated use of data for predicting which parts will fail.

1 month ago

Business Is Booming for Airbus and Boeing at This Week’s Major Airshow

Business Is Booming for Airbus and Boeing at This Week’s Major Airshow

Julie Johnsson and Benjamin Katz, Bloomberg

It is a good time to be a manufacturer of commercial airplanes. How long will it last until some airlines realize they've ordered far too many planes?

1 month ago

Airbus and Boeing Agree That Neither Will Benefit From Trade War

Airbus and Boeing Agree That Neither Will Benefit From Trade War

Guy Johnson, Bloomberg

Airbus and Boeing were already facing backlogs before the worry of a trade war emerged. If the White House doesn't back down, airlines will likely hit more delays that will put a damper on growth and an improvement to the in-flight experience.

1 month ago

India’s Vistara Orders New Airbus and Boeing Jets as It Plans Longer Flights

India’s Vistara Orders New Airbus and Boeing Jets as It Plans Longer Flights

Anurag Kotoky, Bloomberg

These are boom times for Airbus and Boeing. Remember them. At some point, a recession will come, and some of these airlines will scramble to get rid of jets. But, hey, might as well place big orders while business is strong.

1 month ago

Boeing to Take Over Embraer’s $4.75 Billion Commercial Jet Business

Boeing to Take Over Embraer’s $4.75 Billion Commercial Jet Business

Julie Johnsson and Fabiola Moura, Bloomberg

Boeing had already worked closely with Brazil’s Embraer, a specialist in passenger jets. But a takeover of Embraer's commercial business will save the U.S. plane manufacturer money. The move comes just after Boeing's rival Airbus closed a deal with Embraer rival Bombardier to take over its C Series jet.

2 months ago

Chinese Airlines Hit With Rising Costs Due to U.S. Trade Quarrel

Chinese Airlines Hit With Rising Costs Due to U.S. Trade Quarrel

Kyunghee Park and Dong Lyu, Bloomberg

The Chinese yuan has depreciated 5 percent against the U.S. dollar, making airline purchases of aircraft and payments of debts and leases costlier. Don't expect bold moves from them until the prospect of a trade war fades.

2 months ago