Highlights
The world's largest aerospace and defense company, Boeing has annual sales of $61.5 billion and 150,000 employees in 70 countries, including several hundred at its Chicago headquarters. Founder William Boeing starting building airplanes from a hangar in the Seattle area in 1916, and the bulk of Boeing's commercial airplane manufacturing remains clustered near Puget Sound. While European rival Airbus SAS gambled on a super-jumbo jet earlier this decade, Boeing correctly anticipated that airlines valued range and fuel-efficiency over aircraft size. The resulting product, the Boeing 787 Dreamliner, has garnered more than $100 billion in sales, although the company has suffered some production s...
The world's largest aerospace and defense company, Boeing has annual sales of $61.5 billion and 150,000 employees in 70 countries, including several hundred at its Chicago headquarters. Founder William Boeing starting building airplanes from a hangar in the Seattle area in 1916, and the bulk of Boeing's commercial airplane manufacturing remains clustered near Puget Sound. While European rival Airbus SAS gambled on a super-jumbo jet earlier this decade, Boeing correctly anticipated that airlines valued range and fuel-efficiency over aircraft size. The resulting product, the Boeing 787 Dreamliner, has garnered more than $100 billion in sales, although the company has suffered some production stumbles. The Dreamliner's first flight is set for late 2008.
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American Airlines to buy Boeing 787s
American Airlines says it will buy 42 787-9 jets from Chicago-based Boeing as part of a move to improve the fuel efficiency of its fleet. American said Wednesday it expects to get the planes delivered from 2012 through 2018. The airline says it has...Tags: Air Transportation, American Airlines, Inc., Maryland, Transportation, Air Transportation Industry
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American Airlines to buy new Boeing 787s to help make fleet more fuel-efficient
DALLAS (AP) _ American Airlines says it will buy 42 Boeing 787-9 jets as part of a move to improve the fuel efficiency of its fleet. American said Wednesday it expects to get the planes delivered from 2012 through 2018. The airline says it has rights to...Tags: Air Transportation, American Airlines, Inc., Maryland, Transportation, Air Transportation Industry
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American Airlines to buy dozens of Boeing Dreamliners
Tribune staff reporterAmerican Airlines said it plans to order as many as 100 of Boeing Co.'s hot-selling but delay-plagued 787 Dreamliner aircraft. The order would make American the largest North American airline customer for the Dreamliner, while providing a much-needed...Tags: Air Transportation, American Airlines, Inc., Transportation, Air Transportation Industry
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Neal Hefti, "Batman" theme song composer, dead at 85
LOS ANGELES - Neal Hefti, a former big band trumpeter, arranger and composer who worked with Count Basie and Woody Herman and later composed the memorable themes for the movie "The Odd Couple" and the campy hit TV series "Batman," has died. He was 85....Tags: Harry James, Music Industry, Movies, Popular Music, Robin
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Pentagon a key source of revenue
With the slump in the commercial satellite market, Boeing Co.'s satellite business has shifted dramatically in the past decade as it relies more heavily on revenue from Pentagon contracts. 1998/2008 Government: 24 percent/80 percent Commercial:... -
Neal Hefti dies at 85; former big band trumpeter, arranger and composer
Los Angeles Times Staff WriterNeal Hefti, a former big band trumpeter, arranger and composer who worked with Count Basie and Woody Herman and later composed the memorable themes for the movie "The Odd Couple" and the campy hit TV series "Batman," has died. He was 85. Hefti died...Tags: Harry James, Oklahoma City, Miles Davis, Oklahoma, Batman
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Were Orlando flights rerouted to test trainee?
The Associated PressFederal aviation officials are investigating whether air-traffic controllers violated federal rules Saturday by rerouting four airliners en route to Orlando to test the skills of a controller-trainee. The Federal Aviation Administration said in a...Tags: Weather Reports, Wine, Beer, and Spirits, Air and Space Accidents, Air Transportation Industry, Emergency Planning
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Boeing facing critical fight for satellite contract
Tribune NewspapersLOS ANGELES—At Boeing Co.'s sprawling satellite-making complex in suburban El Segundo, Calif., engineers for decades pioneered space systems that altered the way we communicate by telephone and watch television. But in recent years the workload...Tags: Contracts, El Segundo, Northrop Grumman Corp., Aerospace Manufacturing, Consumer Electronics Industry
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Boom times likely to fade for defense industry
AP Business WriterThere are few industries whose fortunes are so closely tied to government as defense contractors, companies that now provide the military with everything from fighter jets to janitors. And for the past eight years, business has been very good. But...Tags: Earnings Forecasts, National Security, National Government, Defense Equipment, Defense
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Boeing strike likely to run into November at least
Associated Press WriterWith the collapse of revived contract talks after barely two days, a strike that shut down Boeing Co.'s commercial aircraft plants Sept. 6 appears likely to continue well into November and possibly longer. Neither Chicago-based Boeing nor the Machinists...Tags: Employees, National Government, Retirement, Unions, Wages and Pensions
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Air traffic controllers say 4 airliners rerouted to test trainee; FAA investigates
Associated Press WriterWASHINGTON (AP) _ Federal aviation officials are investigating whether air traffic controllers violated federal rules by rerouting four airliners to test the skills of a controller-trainee. The Federal Aviation Administration said in a statement...Tags: Wine, Beer, and Spirits, Weather Reports, Air and Space Accidents, Air Transportation Industry, Emergency Planning
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IN BRIEF
GMAC Llc, majority owned by Cerberus Capital Management Lp, will limit auto loans to customers with credit scores of at least 700. GMAC also raised by 75 basis points the rate it charges auto dealers for making loans that aren't part of special...Tags: Fraud, Police, National Government, Ohio, Mergers, Acquisitions and Takeovers
Oct 15, 2008
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Oct 15, 2008
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Oct 14, 2008
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Oct 14, 2008
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Oct 14, 2008
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Oct 14, 2008
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