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Stock Market & Financial Investment News

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January 23, 2013
06:23 EDTBAJapan probe: Boeing 787 battery not overcharged, AP reports
Japan's Transport Safety Board says that a lithium ion batter on a Boeing (BA) 787 Dreamliner that overheated earlier this month on an All Nippon Airways flight was not overcharged and experienced a sudden drop in voltage, the Associated Press reports. The jet's data recorder showed the main battery did not exceed its maximum voltage, which contradicts an earlier assertion by the agency. Reference Link
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June 20, 2013
05:56 EDTBAEADS looks to beat out Boeing at Paris Air Show, Reuters reports
Airbus (EADSY) sought to finalize a number of orders today to avoid falling behind rival Boeing (BA) at its domestic Paris Airshow, reports Reuters. As of last night, Airbus had 211 firm orders versus 265 for Boeing. Airbus had commitments for a further 165 jets, compared with 127 for Boeing. Reference Link
05:02 EDTBASikorsky, Boeing form JV to offer Saudi rotorcraft logistics, training
Sikorsky Aircraft, a division of United Technologies (UTX), and Boeing (BA) have formed a joint venture to compete for sustainment services in support of the Kingdom of Saudi Arabia's rotorcraft fleet. Contracts that the joint venture will pursue are administered by the U.S. Government as part of its Foreign Military Sales process. The joint venture will help advance the Kingdom's efforts to diversify its economy, expand the technological expertise of its aerospace and commercial sectors, and create jobs.
June 19, 2013
09:25 EDTBABoeing, Alcoa form 'closed loop' program to increase alloy recycling
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08:03 EDTBABoeing and Travel Service announce commitment for three 737 MAXs
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07:23 EDTBABoeing speeds up first delivery of 737 MAX
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07:01 EDTBABoeing and Oman announce order for next-generatoin 737s
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06:07 EDTBABoeing, Ryanair finalize order for 175 Next-Gen 737-800
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05:39 EDTBACIT Group orders 30 737 MAX 8s from Boeing
Boeing (BA) and CIT Group (CIT) announced that CIT Aerospace has placed an order for 30 737 MAX 8s. As of March 31, CIT owned or financed a fleet of approximately 350 commercial aircraft, including operating lease and financing agreements in place for 128 Boeing aircraft.
June 18, 2013
19:58 EDTBABoeing 787 makes emergency landing, WSJ reports
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10:12 EDTBABoeing, Korea Air announce commitment to purchase 11 airplanes for $3.6B
Boeing and Korean Air announced that the airline has agreed to purchase five 747-8 Intercontinental airplanes and six 777-300ER jetliners, valued at approximately $3.6B at current list prices.
10:11 EDTBA100 export orders expected for V-22 Osprey, Defense News reports
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08:35 EDTBAEmbraer, Boeing team to market and sell KC-390 aircrafts
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08:13 EDTBAEmirates CEO says Boeing Dreamliner 787-10 may be too small, Bloomberg reports
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07:06 EDTBABoeing launches 787-10 Dreamliner
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06:11 EDTBABoeing, Air Lease announce commitment for 30 787-10Xs
Boeing (BA) announced today at the Paris Air Show a memorandum of understanding with Air Lease (AL) to purchase 33 airplanes. The Los Angeles-based leasing company has committed to order three 787-9 and 30 787-10X Dreamliners. Boeing looks forward to working with ALC to finalize the details of the agreement, at which time the airplanes will be posted to the Boeing Orders & Deliveries website as a firm order. ALC expects to begin taking 787-10X deliveries in 2019.
06:05 EDTBAUnited Continental increases Dreamliner order to 65
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June 17, 2013
17:34 EDTBABoeing awarded $3.41B U.S. Army contract
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10:55 EDTBAUTC Aerospace Systems signs Boeing 787 service agreement with ST Aerospace
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06:48 EDTBABoeing says doubts about Dreamliner safety to linger for awhile, NY Times says
Boeing expects doubts about the safety of its 787 Dreamliner jet to linger for at least several more months, Raymond Conner, chief executive of Boeing’s civil aircraft division said yesterday, according to The New York Times. The problems with the Dreamliner's lithium batteries, however, have not slowed the development of other Boeing planes, including a revamped version of its popular 777 wide-body, Conner stated, the newspaper added. Reference Link
06:39 EDTBABoeing, GE commit to ten 787-10X Dreamliners
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