boeing

Boeing says Bombardier CSeries jets may face hefty duties despite Airbus deal

4 days ago DieselGasoil Comments Off on Boeing says Bombardier CSeries jets may face hefty duties despite Airbus deal
MONTREAL/TOULOUSE, France (Reuters) – Boeing Co said on Tuesday that Bombardier Inc’s CSeries jets could still be hit with high U.S. import duties, even if they are assembled in Alabama through an industry-changing deal with Airbus. The deal announced on Monday gives Airbus a majority stake in Bombardier’s troubled CSeries jetliner program, securing the plane’s Read More

Airbus backs Bombardier in costly trade war with Boeing

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Published time: 17 Oct, 2017 09:55 The European planemaker Airbus is taking a majority stake in Bombardier’s C Series jetliner program, thus helping the Canadian company in an expensive trade dispute with the US Boeing. The agreement, which would come at no cost to Airbus, would give the European company a 50.01 share in the Read More

Boeing passenger jets have falsely-certified Kobe Steel products-source

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TOKYO (Reuters) – Boeing Co, the world’s biggest maker of passenger jets, has used Kobe Steel products that include those falsely certified by the Japanese company, a source with knowledge of the matter told Reuters. Boeing does not as yet consider the issue a safety problem, the source stressed, but the revelation may raise compensation Read More

Boeing passenger jets have falsely-certified Kobe Steel products: source

1 week ago DieselGasoil Comments Off on Boeing passenger jets have falsely-certified Kobe Steel products: source
TOKYO (Reuters) – Boeing Co, the world’s biggest maker of passenger jets, has used Kobe Steel products that include those falsely certified by the Japanese company, a source with knowledge of the matter told Reuters. Boeing does not as yet consider the issue a safety problem, the source stressed, but the revelation may raise compensation Read More

GE Capital Aviation Services acquires 747-8 freighter from Boeing Capital

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Oct 12 (Reuters) – GE Capital Aviation Services: * GE Capital Aviation Services says acquired 747-8 freighter (MSN 63378) from Boeing Capital; will continue existing aircraft lease with airbridgecargo Source text (bit.ly/2yjm94P) Further company coverage: Read More

UPDATE 1-Boeing helped finance bailout of Monarch Airlines in 2016 -FT

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(Reuters) – Boeing Co (BA.N) had pumped in more than 100 million pounds ($130 million) into Britain’s Monarch Airlines which collapsed last week, the Financial Times reported on Monday. The capital infusion, through Monarch’s offshore holding company Petrol Jersey, was carried out in several tranches between October 2016 and March this year, the FT Read More

Boeing helped finance bailout of Monarch Airlines in 2016- FT

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(Reuters) – Boeing Co (BA.N) had pumped in more than 100 million pounds ($130 million) into Britain’s now defunct Monarch Airlines , the Financial Times reported. The capital infusion, through Monarch’s offshore holding company Petrol Jersey, was carried out in several tranches between October 2016 and March this year, the FT said. The airline’s owner Read More

Boeing helped finance bailout of Monarch Airlines in 2016: FT

2 weeks ago DieselGasoil Comments Off on Boeing helped finance bailout of Monarch Airlines in 2016: FT
(Reuters) – Boeing Co (BA.N) had pumped in more than 100 million pounds ($130 million) into Britain’s now defunct Monarch Airlines , the Financial Times reported. The capital infusion, through Monarch’s offshore holding company Petrol Jersey, was carried out in several tranches between October 2016 and March this year, the FT said. The airline’s owner Read More

UPDATE 5-U.S. backs 300 percent in duties on Bombardier after Boeing complaint

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WASHINGTON (Reuters) – The U.S. Commerce Department has notched up proposed trade duties on Bombardier Inc CSeries jets to nearly 300 percent, affirming Boeing Co’s complaint that the Canadian company received illegal subsidies and dumped the planes at “absurdly low” prices. The decision underscored the defensive trade policy of U.S. President Donald Trump, and could Read More

UPDATE 3-U.S. backs 300 percent in duties on Bombardier after Boeing complaint

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WASHINGTON (Reuters) – The U.S. Commerce Department on Friday moved to impose trade duties of nearly 300 percent on sales of Bombardier Inc CSeries jets in the United States, prompted by Boeing Co’s complaint that the Canadian company received illegal subsidies and dumped the planes at “absurdly low” prices. The Commerce Department proposed a 79.82 Read More