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BUSINESS
December 12, 2007 | From Bloomberg News
Boeing Co. said Tuesday that it was still working through "wrinkles" in the supply chain for its new 787 Dreamliner and hoped to deliver the first aircraft in late 2008. There are still "significant supply-chain wrinkles," said Scott Carson, chief of Boeing's commercial airplane group. Parts shortages are declining and there's greater availability of fasteners needed to assemble the aircraft, Chicago-based Boeing said.
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BUSINESS
November 5, 2008 | Times Wire Services
Boeing Co. will delay the first test flight of the 787 Dreamliner beyond the fourth quarter because of the just-ended machinists strike. No new time frame for the flight has been established, a spokeswoman for the Chicago company said. The 787 had already been delayed three times and was 15 months late before an eight-week-long machinists strike that ended Sunday. Boeing said Tuesday that the program suffered another setback after it discovered that about 3% of the fasteners used to hold the jets together had been improperly installed.
BUSINESS
October 1, 1997 | James S. Granelli
Despite pressure from public officials to expand its operations in Southern California,Boeing Co. said it will build its new Delta IV rocket manufacturing plant in Decatur, Ala. The giant Seattle aerospace company said it chose the site for its 2-million-square-foot plant, which will employ up to 3,000 workers, because it was the most cost-effective. The new plant will build the common booster core for the latest version of the Delta rockets in a competition for the $1.
BUSINESS
October 1, 2005 | From Reuters
Boeing Co. apologized Friday for a mistakenly published ad for its V-22 Osprey aircraft that showed troops dropping onto the roof of a mosque in what appeared to be a simulated battle scene. The ad, coming amid concern among Muslims over U.S. military action in Iraq and Afghanistan, prompted immediate complaints from the Council on American-Islamic Relations. But Chicago-based Boeing, which created the V-22 with Bell Helicopter, a unit of Textron Inc.
BUSINESS
March 1, 2010 | By W.J. Hennigan
For sale: a mammoth four-engine plane that can haul 60-ton tanks, troops and medical gear across continents and still land on short, shoddy runways. Price: about $240 million; volume discounts are available. If interested, please contact Boeing Co. at your nearest air show. That's the sales pitch that Boeing officials have been making worldwide recently, in hopes of keeping its sprawling C-17 assembly line in Long Beach from closing in two years. The plant, adjacent to Long Beach Airport, employs about 5,000 people and is one of the last remaining aircraft plants in Southern California.
BUSINESS
January 29, 1985
Boeing Co. reported sharply higher earnings for the year, citing an extraordinary gain for much of the improvement. For all of 1984, the aircraft maker said earnings from operations rose to $390 million from $355 million in 1983. But last year, a $397-million gain related to a change in tax law lifted 1984 net income to $787 million. The tax-law change, affecting certain companies with export operations, forgives taxes on previously tax-deferred earnings of export units.
NATIONAL
November 3, 2008 | TIMES WIRE REPORTS
Factories at Boeing Co. were expected to start humming again after machinists union members voted to end an eight-week strike that clipped profits and stalled deliveries by the world's No. 2 commercial airplane maker. Workers were expected to return Sunday night to Boeing's commercial airplane factories, which have been closed since the Sept. 6 walkout. The strike cost an estimated $100 million a day in deferred revenue and production delays on the company's highly anticipated next-generation passenger jet. Members of the union, which represents about 27,000 workers at plants in Washington state, Oregon and Kansas, ratified the new contract Saturday, voting about 74% in favor five days after the two sides tentatively agreed to the deal and union leaders recommended its approval.
BUSINESS
May 24, 1989 | From Times wire services
All Nippon Airways Co. Ltd. said today it ordered 10 Boeing 767-300 airliners and took options to buy 10 more in a deal potentially worth $1.5 billion. The first plane was scheduled for delivery to ANA in 1990, with deliveries through 1995, airline spokesman Tim Winship said in Los Angeles. Boeing and its sole U.S. competitor in the civilian airliner market, McDonnell Douglas Corp., are awash in big orders prompted largely by growth in the international airline business. In February, ANA ordered 20 747-400s for $3.2 billion.
BUSINESS
June 22, 2003
Many will find it ironic that Boeing Co. is playing the ethics card ("Boeing Goes on Offensive in Ad Campaign," June 9) in view of the company's record of breaking promises to thousands of retirees. While management is in the mood to defend its record of "integrity and fairness" and to "strive to reinforce a culture where business is conducted honestly," it would be a good time for it to go ahead and restore the retiree health-care benefit so many of us relied upon after long careers.
BUSINESS
October 29, 2006
Although I certainly agree with David Ohman about the fate of the Airbus A380 and the use of taxpayer money to fund the airport improvements to accommodate that monster, the Boeing 787 Dreamliner is not a replacement for the 747 (Letters, Oct. 22). The 787 and 747 are not in any way equivalent aircraft. The 747 weighs about 800,000 pounds plus takeoff weight and will carry more than 400 passengers. The 787 Dreamliner is about one third of that, though the 787 has a much greater range of flight.
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