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Asia-Pacific needs nearly 13,000 new planes by 2032 – Boeing

AP FILE PHOTO

The Asia-Pacific will require almost 13,000 new airplanes worth $1.9 trillion over the next 20 years, Boeing said Monday, as booming wealth in the region fuels demand for air travel.

Posted: February 10th, 2014 in Latest Business Stories | Read More »

747 is an icon, but future is in doubt

Lufthansa's Boeing 747-8 Brandenburg aircraft. AP

For decades, the Boeing 747 was the Queen of the Skies. But the glamorous double-decker jumbo jet that revolutionized air travel and shrunk the globe could be nearing the end of the line.

Posted: October 24th, 2013 in Featured Gallery,Latest Business Stories | Read More »

Boeing reduces 747 production rate as demand lags

In this Sept. 12, 2013 file photo, Boeing Co. workers wave at their last C-17 Globemaster III cargo jet as it flies away at the aerospace company's plant in Long Beach, Calif. Boeing on Wednesday Sept. 18, 2013, announced it will complete production of the heavy-lift cargo plane and close the final assembly plant in Long Beach in 2015. AP

Boeing will slow down production of its double-decker 747 jumbo jet as demand continues to be weak.

Posted: October 19th, 2013 in Latest Business Stories | Read More »

Breaktime: PAL’s tomato catch-up

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Just a few months after San Miguel Corp. bought into the country’s first flag carrier, Philippine Airlines, last year, PAL immediately made the largest aircraft purchase in Philippine history.

Posted: October 17th, 2013 in Columnists,Featured Columns | Read More »

Airbus chief eyes overtaking Boeing in production by 2018

Airbus Japan Chief Executive Fabrice Bregier, left, and Japan Airlines President Yoshiharu Ueki shake hands following their press conference in Tokyo, Monday, Oct. 7, 2013. AP Photo

Airbus chief Fabrice Bregier says the European planemaker will overtake its US rival Boeing to become the world’s biggest producer within four or five years, in an interview with a German Sunday newspaper.

Posted: October 13th, 2013 in Latest Business Stories | Read More »

JAL to sign major Airbus order – report

AFP FILE PHOTO

Japan Airlines (JAL) is to sign a major aircraft order with Airbus, a report said Monday, challenging Boeing’s dominance in the Japanese market as it struggles with its troubled Dreamliner.

Posted: October 7th, 2013 in Latest Business Stories | Read More »

Boeing starts building longer 787 model

AP FILE PHOTO

Boeing announced Sunday it has started building its 787-9, a longer version of its 787 Dreamliner, looking to leave the jet’s problems behind.

Posted: June 3rd, 2013 in Latest Business Stories | Read More »

Japan’s ANA to test Dreamliner after battery fix

This Feb. 11, 2013, file photo shows a Boeing 787 flight test jet taxing following a test flight, at Boeing Field, in Seattle. Japan's ANA is to test one of its modified Dreamliner jets on Sunday, April 28, 2013, three months after the worldwide fleet of 787s was grounded, as Boeing seeks to reassure passengers that the planes are safe.  AP PHOTO/ELAINE THOMPSON

Japan’s ANA is to test one of its modified Dreamliner jets on Sunday, three months after the worldwide fleet of 787s was grounded, as Boeing seeks to reassure passengers that the planes are safe.

Posted: April 28th, 2013 in Latest Business Stories | Read More »

Boeing: New battery system ensures 787 safety

Boeing 787

Boeing Co.’s chief engineer for the 787 Dreamliner says changes to the lithium-ion battery are fully sufficient to ensure the aircraft’s safety, although the company has been unable to find the cause of the original battery failures earlier this year that led to groundings of the plane worldwide.

Posted: April 27th, 2013 in Latest Business Stories | Read More »

Airbus-Boeing battle shifts to Indonesia

In this May 12, 2012 file photo, a Lion Air passenger jet takes off from Juanda International Airport in Surabaya, Indonesia. Indonesia's top discount carrier Lion Air, which catapulted into the global aviation spotlight with record deals to buy Airbus and Boeing planes, is taking the battle for Asia’s budget-minded travelers to the backyard of the airline that helped pioneer low cost flights in the region. AP /Trisnadi, File

A new rivalry between the world’s biggest planemakers is heating up in Indonesia after a record deal for Airbus in a market with huge potential that until now has been a “fortress” for Boeing.

Posted: March 24th, 2013 in Latest Business Stories | Read More »

Boeing: Commercial 787 flights to restart in weeks

In this Jan. 18, 2013 file photo, All Nippon Airways' Boeing 787 "the Dreamliner" parks on the tarmac at Haneda airport in Tokyo. AP

Boeing said Friday it sees commercial flights of its grounded 787 jets resuming “within weeks” even though it has not pinpointed the cause of battery overheating.

Posted: March 15th, 2013 in Latest Business Stories | Read More »

PAL defers Boeing aircraft acquisition

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The aggressive expansion of flag carrier Philippine Airlines (PAL) has hit an unexpected speed bump as it puts on hold a potential multibillion-dollar order for new planes from American firm Boeing Co. due to safety issues.

Posted: March 8th, 2013 in Headlines | Read More »

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