As Chicago-based aircraft manufacturer Boeing heads into the future following a better-than-expected 2012 second-quarter net profit of US$967 million, or US$1.27 per share versus the Wall Street consensus of US$1.12 per share, it continues to map out its future widebody strategy that will see new members being added to its popular large twin-engine, long-haul 777 as well as the carbon composite 787 Dreamliner aircraft families. Running ahead in these in-house …Read More
Tag Archives: PurePower
Boeing 737 MAX ups the ante in dogfight with A320neo
At last year’s Paris Air Show, there were blue skies and the airline industry managed to stay relatively healthy despite soaring oil prices and an anaemic global economic recovery, with a year-end industry-wide profit of US$7.9 billion, according to Geneva-based industry body International Air Transport Association (IATA). Fast forward 12 months and the global economy was in a very different shape. Having gone through the fear of contagion in the …Read More
Revamped 777X may limit sales prospects of Boeing jumbo
There is little doubt that a possible order bonanza for the re-engined narrowbody offering from Chicago-based Boeing, the 737 MAX, at next week’s Farnborough Air Show in the United Kingdom (UK) is going to be under the media spotlight. However, as the world’s second-largest aircraft manufacturer mulls an upgrade to its highly popular long-haul twin-jet with a 787-styled composite wing, a lighter airframe with advanced aluminium-lithium (Al-Li) material and a …Read More
Boeing posts strong 2012 first-quarter results
Chicago-based Boeing, the world’s largest aerospace company, posted an exceptionally strong first-quarter results which beat Wall Street analysts’ forecast and saw its net income for the quarter soaring by a staggering 58% from US$586 million a year ago to US$923 million this year. The better-than-expected results came as the company recorded a US$0.11 per share positive impact from the release of a litigation reserve, a remarkable quarterly performance from its …Read More
Airbus mulls re-engined A330 along with sharklets (Update1)
When European plane-maker Airbus gave indication in late January that it was considering an update to its Airbus A330-300 aircraft by increasing its maximum take-off weight (MTOW) amongst other enhancements, it represented the first step in a process designed to rejuvenate Airbus’ A330 line of aircraft and propagate its production into the next decade. For the medium term, Airbus is mulling a number of improvements to the larger Airbus A330-300 …Read More
Boeing eyes 787 improvements along with production ramp-up (Update1)
It is hardly a surprise when Chicago-based airframer Boeing missed its 2011 delivery targets on the beleaguered 787 Dreamliner and 747-8 programmes, after delivering a combined 12, consisting of 9 Boeing 747-8F freighters and 3 787 Dreamliners, against the original target of 15 to 20 aircraft envisioned, including 5-7 787 deliveries, in October when the company announced its strong third-quarter profit of US$1.1 billion (“Boeing posts stellar 2011 third-quarter profit …Read More
Boeing 737 MAX sees a bright year ahead (Update1)
After witnessing an unprecedented order influx at its transatlantic arch-rival’s re-engined Airbus A320neo (new engine option) aircraft which garnered 1,196 firm orders only one year since its launch in December 2010, Chicago-based aircraft manufacturer Boeing looks set to enjoy a similar orders bonanza for its re-engined 737 MAX aircraft in 2012 as it received a staggering US$19 billion firm order for 150 737 MAX and 58 additional 737 NG (next-generation) …Read More