The restructuring effort is likely to result in increased competition with Boeing as well boosting the efficiency across its global supply chain. Following a recent merger of Airbus’ parents and its dominant plane manufacturing arm, on Monday, the company has… Read More ›
U.S. President Donald Trump has accused Qatar of supporting terrorism. Although on the one hand, U.S. President Donald Trump criticised Qatar with supporting terrorism, on Wednesday, Qatar’s Ministry of Defence announced it had signed a $12 billion deal with the… Read More ›
The move is in anticipation of heightened defence related orders from the U.S. and its allies. In efforts aimed at making its businesses more responsive to customers, on Tuesday, Boeing Co stated it would be restructuring its defense, space and… Read More ›
The engine issue is only a quality assurance defect. Airbus’ A32neo jet is also powered by the similar LEAP-1A engine and its flying travelers without any reported hitch. On Wednesday, Boeing Co disclosed, it had temporarily halted the test flights… Read More ›
The contract is for building CH-47F choppers for Netherlands The Pentagon has disclosed, Boeing Co has won a contract worth $541 million for CH-47F helicopters for the Netherlands.
The move underscores the ferocity of the competition in the booming airlines industry. On Thursday, Boeing asked the U.S. Commerce Department to investigate into alleged unfair pricing and subsidies received by Canadian airplane manufacturer Bombardier, thus adding to the growing… Read More ›
Analysts say the route will be commercially viable for Qantas as long as the price of crude doesn’t cross $70 a barrel. Airbus and Boeing have now the capability to manufacture aircrafts that can do non-stop commercial flights from Sydney… Read More ›
The contract is for the supply of AH-64E Apache attack helicopters.
If the order comes through, Boeing will have to up its game and significantly reduce delivery delays which has been plaguing it for a while now. Alternatively, a bigger capacity aircraft should make more economic sense. Bloomberg has reported citing… Read More ›
Donald Trump’s proposal voiced through House Republican to levy a 20% tax on goods imported to the United States while totalling eliminating tax on U.S. imports and revising tax rates of corporates have divided Corporate America like never before. Companies… Read More ›
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