Boeing's Earnings Unbowed by Dreamliner Battery Crisis
Boeing posted strong first-quarter results on Wednesday that handily beat analyst estimates and showed little impact from the 787 Dreamliner crisis.
Boeing posted strong first-quarter results on Wednesday that handily beat analyst estimates and showed little impact from the 787 Dreamliner crisis.
The FAA has reportedly accepted Boeing's revamped battery system for its beleaguered 787 Dreamliners and agreed to lift its grounding order.
Boeing's grounded 787 jetliners could soon be flying again, published reports say.
A Boeing 787 with a redesigned battery system made a 2-hour test flight on Monday, and the company said the event "went according to plan."
Boeing plans to conduct two flight tests of its revamped 787 battery system, possibly as soon as the end of the week, sources say.
Delta Air Lines is in talks to purchase small and wide-body jets from Airbus and Boeing in deals potentially worth about $6 billion at list prices, sources say.
Boeing expects to finish testing its battery fix for the 787 within the next week or two, but says it's up to the regulators to decide when the planes fly again.
United Airlines cut the grounded Boeing 787 'Dreamliner' from its flying plans at least until June and postponed its new Denver-to-Tokyo flights on Thursday, as airlines continued to tear up their schedules while the plane is out of service. The world's 50 787s have been grounded since Jan. 16.
Amazon reported sharply lower earnings, but its results were good enough for at least five analysts to raise their price targets for Amazon’s stock. Boeing’s net beat estimates and it’s sticking with its production plans for the 787 Dreamliner, despite the current grounding of the fleet worldwide.
Boeing has been announcing a significant number of multibillion dollar deals lately. But the aircraft maker's excellent news comes with a caveat: All of its customers have been scoring hefty discounts to the planes' sticker prices. What gives? Read on ...
GE plans to sell its aircraft electronics to Chinese companies, and if you don't have a problem with that, maybe you should. After all, China just tested a prototype stealth fighter, it continues to build up its military -- and we can only hope it's not planning to expand its territory in ways that threaten the U.S.
Based on a Seattle Times report, it looks likely that the 787 -- already three years late -- is saddled with enormous technical problems that could delay it two more years and cost Boeing $12 billion, 120% more than its original budget.
It has been just over three years since the media first saw the shell of the 787 Dreamliner, and since then, Boeing has missed deadline after deadline with plane. Now looks poised to miss another. But will this be the aircraft's last delay?
The Defense Department announced Thursday that Raytheon received an order from the Naval Air Systems Command for aircraft weapons systems worth about $9 million, and Boeing received a $25 million modification to an existing contract.













