Boeing, eager to live down three years of embarrassing delays to its 787 Dreamliner, has begun talking up a bigger version of the plane, and one executive said it could announce customers as early as next year.
Airbus SAS may announce its first order for the A320neo this month from an airline that operates Boeing Co . 737s, signaling the European company is making inroads into rival territory with its upgraded single-aisle jet.
Air India Ltd. , due to be the second operator of Boeing Co.’s 787 Dreamliner, is considering asking the planemaker to defer deliveries of the aircraft because of a lack of cash, two people familiar with the airline’s plan said.
Potential cash turnaround on 787 is enormous. By the end of this year, Boeing plans to have amassed $19 bil in 787 inventory, most of which will consist of so called deferred production costs, or the extra cost above the long-term average to build the first few dozen aircraft. We expect the initial 787 block to be 1,000 aircraft, which should take ~8 years to deliver.
Albaugh explained that much of the "very deliberate" decision-making process on whether to re-engine the 737NG or build an all-new aircraft will hinge on how comfortable the company is with launching a new aircraft program following the many lessons learned from the 787's numerous development problems.
Boeing has suspended deliveries of 787 Dreamliner airplane sections from its suppliers to the assembly line in Everett and will hold the line in place a month while mechanics catch up on work. Spokesman Scott Lefeber said the production slowdown won't affect the first Dreamliner delivery.
Boeing Co. is projected to exceed its cost ceiling by as much as $300 million -- about 6 percent - - on the initial contract to develop and build U.S. Air Force aerial refueling tankers, according to government officials.
AMR Corp.’s American Airlines is in talks with Airbus SAS about buying at least 100 narrow-body planes, a possible break from its longtime reliance on Boeing Co. jets, two people familiar with the matter said.
A Boeing Co. supplier said it was “surprised” by a report that the planemaker plans to take over production of the 787 Dreamliner’s tail section for future models, and that it would have to agree to any move.
Boeing Co . said its decision on a new narrow-body jet now may come “toward the end of the year,” pushing back an earlier target of mid-2011, as it considers a plane that’s only “slightly” bigger than the 737.