Boeing Loses Out on Air Force Tanker Deal
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Congress yesterday barred the Air Force from pursuing a $23 billion deal to lease and then buy tankers from Boeing Co. and raised the possibility that European rival Airbus SAS could compete to build the refueling planes.
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Airbus parent European Aeronautic Defence &amp; Space has proposed splitting a contract with Boeing to supply aerial refueling tankers to the US Air Force, the company&#39;s chief executive for North America said.
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European plane maker Airbus concedes defeat to Boeing in the battle for new orders in 2007, but won on deliveries.
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Boeing Co. said yesterday that it will take a $615 million pretax charge for its work on a defunct deal to lease then sell refueling tanker planes to the Air Force and for the closing of its 717 aircraft production line.
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Boeing Co, the world&#39;s second-biggest maker of commercial aircraft, won a $360 million order from Air China, the country&#39;s biggest overseas carrier, for seven 737-700 jetliners used in flying medium-range routes.
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Darleen Druyun, who was leaving to join Boeing, gets nine months for sweetening tanker deal. ALEXANDRIA, Va.,  - The former No.
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The nation&#39;s largest defense contractor will take a $110 million charge against its fourth quarter earnings after losing a court bid to salvage at least some of the money it pumped
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WASHINGTON, Oct 10  - Congress has killed a proposal by aerospace giant Boeing to lease, then sell, to the US Air Force dozens of its 767 tanker jets, paving the way for European rival Airbus to muscle in on a possible deal.
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AMR Corp.&#39;s American Airlines, the world&#39;s largest carrier, delayed the deliveries of 54 Boeing Co. planes to save $2.7 billion in spending over the next six years.
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As Airbus chipped away at Boeing&#39;s dominance of the commercial-airplane market throughout the 1990s, Boeing grumbled that European subsidies gave its rival an unfair edge by lowering the amount of cash Airbus needed to develop new jets.
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AUCKLAND: National flag carrier Air New Zealand said it had lost a court bid to win approval for an alliance with its Australian competitor Qantas.
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European Aeronautic Defense and Space Co., the parent of aircraft maker Airbus SAS, has proposed splitting a contested U.S. Air Force contract for refueling tankers with its rival Boeing Co., the European group's U.S. office said Friday.
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Airbus SAS's parent company has proposed splitting a contested U.S. Air Force contract for refueling tankers with its rival Boeing Co., the company said Friday.
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Boeing stock dipped despite the good news that the US leading aircraft maker was able to win an order for 10 7E7 planes to be delivered starting in 2009 from Continental Airlines that will pay $1.3 billion for the deal.
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American Airlines has delayed the deliveries of 54 Boeing Co. planes to save $2.7 billion over the next six years. The agreement with Boeing lets AMR, which has lost $6.9 billion since the end of 2000, delay
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WASHINGTON The Pentagon is reopening a controversial 23 (b) billion dollar deal with Boeing to supply refueling tankers to the Air Force.
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After months of controversy, Boeingâs deal to provide $23.5 billion aircraft refuelling tankers to the US Air Force using a complex leasing mechanism was finally declared dead on Friday.