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Keyword: boeing

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  • Saab worries Korea will buy Boeing's anti-sub planes with no bids

    03/21/2018 7:44:40 PM PDT · by sukhoi-30mki · 12 replies
    The Korea Times ^ | MARCH 20, 2018 | Oh Young-jin
    Saab's Swordfish anti-submarine patrol aircraft / Saab Saab is in for a difficult competition in Korea. By the lie of the land, the Swedish company may not get a chance to bid for Korea's $1.7 billion purchase deal for anti-submarine aircraft. Even if it is allowed, it is widely seen as a spoiler for Korean buyers to use to get a better deal from an American defense contractor. Just for that purpose ― lower cost, greater technology transfer and bigger "offset" deals for the stalling next-generation fighter program ― it looks tempting to give Saab what it wants and pit...
  • World's biggest jet engine takes to the skies: Prototype that will power Boeing's 406 seat [tr]

    03/16/2018 8:06:05 AM PDT · by C19fan · 31 replies
    UK Daily Mail ^ | March 16, 2018 | Tom Collins
    Incredible footage has revealed the moment that the world's biggest jet engine took to the skies for the first time, ahead of its planned maiden commercial flight in 2020. The huge GE9X powerplant, which is as wide and tall as the fuselage of a Boeing 737, is being built for the latest version of the firm's long-haul 777, the 777X 'megaplane'. General Electric has now begun flight trials of the prototype, after delays caused by technical problems stopped tests originally planned for late last year.
  • Inspector General Says FAA Not Doing Enough to Stop Bogus Parts from Getting on Commercial Flights

    02/28/2018 10:35:45 AM PST · by nickcarraway · 5 replies
    NBC Bay Area ^ | Feb 27, 2018 | Stephen Stock, Michael Horn and Kevin Nious
    The Department of Transportation's Inspector General says the FAAs oversight of industry actions to remove unapproved parts (from the nations aviation system) is ineffective, and the agency cannot be assured that unapproved parts no longer pose a threat to safety for the traveling public. That OIG report has prompted ranking member of the U.S. House Transportation and Infrastructure Committee, Rep. Peter DeFazio, (D-Oregon), to vow to crack down on unapproved airplane parts that he says pose a safety risk to the flying public. The inspector generals report echoes a series of stories by NBC Bay Areas Investigative Unit that...
  • Boeing, Lockheed Martin and Vector among rocket builders looking to Brazil for new launch site

    02/23/2018 12:08:23 PM PST · by Elderberry · 21 replies
    Yahoo Finance ^ | 2/23/2018 | Michael Sheetz
    A group of five U.S. private rocket companies met with Brazilian officials in December. Boeing, Lockheed Martin and Vector are interested in launching from the equatorial Alcantara launch complex. The coastal launch site would offer cost savings by its ability to reach orbits often preferred for satellites. A group representing five U.S. private rocket companies visited Brazil in December to meet with the nation's space agency and analyze the possibility of launching from the equatorial Alcantara launch complex. The U.S. Department of Commerce was informed about the trip, which was organized by members of the private space industry. The group...
  • EXCLUSIVE: Boeing Executives Plotted to Stop Employee Bonuses to Keep Trump from Getting the Credit

    02/21/2018 4:30:38 PM PST · by Enchante · 57 replies
    Washington Reporter ^ | February 21, 2018 | Jacob Wohl
    Starting in late 2017, Boeing executives discussed plans to conceal employee bonuses or cancel them altogether in order to keep President Trump from getting credit, following the passage of the Republican tax-reform bill. On a series of conference calls led by Boeings Senior Vice President of Communications Phil Musser, Musser proposed and lobbied for canceling bonuses out of fear that the company may contribute to President Trumps rising approval rating. Before Musser worked as a high level Boeings communications staffer in Washington, his employment history included public and media relations work for Mitt Romneys 2012 Presidential Campaign and The Freedom...
  • Vanity: UPS Buying 14 Boeing 747's Because of Tax ReformMore Winning

    02/02/2018 6:14:29 AM PST · by WeWaWes · 19 replies
    FR | 02/02/2018
    I tried to post an article from a source not allowed at FR, but search for other sources to this story. UPS is purchasing 14 Boeing 747's to add to its fleet. A big deal.
  • Air Force One's $24M upgrade: New refrigerators

    01/27/2018 2:42:38 PM PST · by ilovesarah2012 · 42 replies ^ | January 27, 2018 | Zachary Cohen and Ryan Browne
    Air Force One is primed to receive an upgrade that will include new refrigerators expected to cost American taxpayers nearly $24 million. The US Air Force awarded Boeing a $23.6 million contract in December to replace two of the five "cold chiller units" aboard the aircraft used by President Donald Trump.
  • Malaysia Airlines Flight MH370: Massive New Search Begins Using Drones

    01/23/2018 12:22:17 PM PST · by nickcarraway · 15 replies
    Daily Star ^ | 23rd January 2018 | Paul Harper
    A MASSIVE new search for the doomed Malaysia Airlines Flight MH370 using underwater drones has begun today.The aircraft vanished en route from Kuala Lumpur to Beijing in March 2014 in one of the world's greatest aviation mysteries. The southeast Asian nation has now agreed to pay US firm Ocean Infinity up to $70 million if it finds the plane within 90 days. Its search vessel, the Seabed Constructor, today reached the remote spot in the Indian Ocean where Australian scientists believe the plane went down. Eight drone-like underwater vehicles will now scour the ocean floor for wreckage in an area...
  • Boeing-Embraer Deal Could Affect Brazilian Air Force Fighter Jet

    01/23/2018 9:40:27 AM PST · by sukhoi-30mki · 3 replies
    Folha de S.Paulo ^ | 1/23/2018 | IGOR GIELOW FROM SO PAULO
    Swedish airplane manufacturer Saab could cancel its contract to supply Gripen jet fighters to the Brazilian Air Force if it believes that an eventual tie-up between American company Boeing and Brazilian company Embraer could put technological secrets of its aircraft at risk. Folha has learned that this is the message that Saab is going to deliver on Tuesday (the 23rd) in a meeting scheduled with Defense Minister Raul Jungmann. The Swedish delegation will be headed up by the company's President, Hakan Buskhe. In 2013 the Swedish aircraft won a long running international competition against the French Dassault Rafale and the...
  • Boeing's 'Son of Blackbird' hypersonic strike aircraft could go five times the speed of sound

    01/15/2018 11:10:44 PM PST · by BenLurkin · 16 replies
    The new aircraft will be a direct competitor to Lockheed martin's upcoming SR-72. ... Speaking to Aviation Week Aerospace Daily, Boeing's hypersonics chiefdescribedhowBoeingwas planning a two-step development process for the new war plane. The first stage would involve flight tests of an "F16-sized, single-engine" precursor vehicle that acts as a "proof of concept". The second stage is the creation of a "twin-engine, full-scale operational vehicle" that has roughly similar dimensions to the 107-foot-long SR-71. ... The speed of sound or Mach 1 is around 1235km/h. So hitting Mach 5 would mean the Son of Blackbird would have to...
  • "Son of Blackbird": Boeing Reveals Hypersonic Concept That Could Replace SR-71

    01/12/2018 11:43:02 AM PST · by Red Badger · 125 replies ^ | Jan 12, 2018 | By Jay Bennett
    Boeing showed off a scaled concept model of its hypersonic strike and reconnaissance aircraft design. This week Boeing revealed the first design details of a demonstrator aircraft that would go faster than Mach 5. Boeing hopes to build the hypersonic concept around a combined-cycle engine that incorporates elements of a turbine and a dual ramjet/scramjet. The unveiling came at the American Institute of Aeronautics and Astronautics SciTech forum in Orlando, Florida, as reported by Aviation Week Aerospace Daily. Boeing's model design is similar to one Lockheed Martin is working on. The aerospace industry right now is racing to produce a...
  • Boeing built a giant drone that can carry 500 pounds of cargo

    01/11/2018 8:50:55 AM PST · by RoosterRedux · 45 replies ^ | Andrew J. Hawkins
    Boeing today unveiled a giant drone thats capable of lifting a 500 pound payload. Calling it an unmanned electric vertical-takeoff-and-landing (eVTOL) cargo air vehicle (CAV) prototype, the aerospace giant said it could serve as a precursor for future autonomous flying aircraft. The heavy-duty drone took Boeings engineers only three months to design and build, the company says. It successfully completed initial flight tests at Boeings research lab in Missouri. This flying cargo air vehicle represents another major step in our Boeing eVTOL strategy, said Boeing chief technology officer Greg Hyslop in a statement. We have an opportunity to really change...
  • Vanity - USA through "Trump" now owns the aircraft & automobile industry across the world.

    01/11/2018 9:22:10 AM PST · by JLAGRAYFOX · 8 replies
    Last year the Boeing Aircraft Company delivered over 730 complete aircraft to operators across the world, literally destroying, Airbus, the European (European Union) aircraft manufacturer. Boeing stands alone as the greatest and largest supplier of aircraft worldwide. Boeing is also in talks to puchase Embraer aircraft, a Brazil based commuter aircraft manufacturer...and today, Boeing demonstrated a "cargo drone" that will change the world of air cargo hauling in the next five to ten years. The USA is basically doing the same thing in producing worldwide automobiles right here in the USA. Not only do we produce most "American" cars here,...
  • Boeing surges after reporting record jet deliveries and massive order backlog

    01/09/2018 7:36:00 PM PST · by ConservativeStatement · 19 replies
    CNBC ^ | Jan. 9, 2018 | Phil LeBeau | Leslie Josephs
    Boeing delivered a record number of commercial airplanes last year, the company reported Tuesday, firing up a rally in the company's stock. The aerospace giant delivered 763 planes, one more than its previous high set in 2015. The company's stock rallied after the report, closing up 2.7 percent at $318.43 and leading the Dow industrials higher. Boeing, whose shares have more than doubled over the last 12 months, said it booked orders for 912 commercial airplanes, the seventh highest annual total for the company.
  • Southwest converts options for 40 more 737 Max 8s

    01/03/2018 6:01:39 AM PST · by Freeport · 16 replies
    Flight Global ^ | 02 January, 2018 | Ghim-Lay Yeo
    Southwest Airlines has exercised options for 40 Boeing 737 Max aircraft, and deferred the majority of its 737 Max 7 orders to 2023 and beyond. The Dallas-based low-cost giant is boosting its orderbook as it expects a $1 billion to $1.5 billion reduction in income tax expenses in the fourth quarter of 2017, following the recent tax reform bill. Southwest will receive 15 of the 40 additional 737 Max 8s in 2019 and the remaining 25 in 2020, it says. The airline has also deferred deliveries of 23 737 Max 7s - the majority of its 30-aircraft order for the...
  • Airbus Big Bet to Save Its Dying A380 Super Jumbo: Winglets

    06/21/2017 9:01:23 AM PDT · by BenLurkin · 51 replies
    WIRED ^ | 06/21/2017 | Eric Adams
    Airlines, it turns out, prefer the fuel efficiency of smaller planes like the Boeing 777 to the pack-em-in capacity of the Airbus A380. As a result, Airbus hasnt scored any new orders for an A380 in more than a year. Its big plan to turn things around? Launch a new version, make it cheaper to fly, and slap on some winglets. This week at the Paris Air Show, Airbus announced the revamped A380plus, a refresh that packs even more passengers into the super-jumbo and tweaks the wing design. The upswept winglets found on most modern airliners boost fuel efficiency by...
  • Major US companies say workers will see some of tax windfall

    12/20/2017 6:29:38 PM PST · by Olog-hai · 21 replies
    Associated Press ^ | Dec 20, 2017 7:03 PM EST | Josh Boak
    Hours after landing a massive tax windfall, AT&T, Comcast, Wells Fargo and Boeing among other major companies announced plans Wednesday to share a fraction of their bounty with workers. The moves pleased President Donald Trump, who has claimed his $1.5 trillion in tax cuts that largely favor the wealthy and businesses would ultimately help the middle class. But Democratic lawmakers and corporate watchdogs say the move is a public relations stunt that pales in comparison to the profits the companies shareholders and executives will reap because of the lower tax rates. The stock market, as well, has risen...
  • These companies are handing out big rewards to their workers over tax bill

    12/20/2017 4:41:20 PM PST · by DadOfFive · 24 replies
    Some of Americas biggest companies are launching new initiatives to benefit employees after the GOP-led House of Representatives approved the largest tax reform bill in three decades this week. The $1.5 billion tax bill reduces the corporate tax rate from 35% to 21% and changes the way the U.S. government taxes companies that also operate internationally. The new plan, which is expected to be signed by President Donald Trump by January at the latest, is being hailed as a major victory for corporations and wealthy Americans. FOX Business breaks down how employees at some major companies are benefitting from the...
  • This is just the start of companies handing out bonuses, raising wages and increasing spending

    12/20/2017 4:52:39 PM PST · by springwater13 · 38 replies
    Expect a stampede of companies handing out bonuses, raising pay, spending on capital projects and giving to charities, with the windfall from the massive corporate tax cuts passed Wednesday. In the hours after Congress the GOP tax cut plan, a handful of companies jumped to announce plans to share some of the proceeds on their employees and spend on infrastructure. AT&T was first out of the gate, saying it would give more than 200,000 unionized employees a special bonus of $1,000 once the tax bill is signed. The company also said it would increase its capital expenditures by $1 billion....
  • Southwest Airlines Hints At Fleet Upgrades If The Tax Bill Passes

    12/20/2017 4:11:48 AM PST · by 11th_VA · 42 replies
    Forbes ^ | Dec 17, 2017 | Grant Martin
    One of the broadest provisions on the Republican-backed tax bill working its way through congress this week is a massive tax cut for corporations. And if the legislation is approved, Dallas-based Southwest Airlines may put some major fleet upgrades in the pipeline. According to Bloomberg, Gary Kelly, the CEO of Southwest Airlines suggested that the tax cut "puts us in a position to think about growing faster" and "gives us an opportunity to begin to modernize our fleet." Southwest's fleet is uniquely made entirely up of variants of the Boeing 737, which makes maintenance easier for the carrier but which...