February 15, 2011 |
The biggest mistake people make when talking about the outsourcing of U.S. jobs by U.S. companies is to treat it as a moral issue. Sure, it's immoral to abandon your loyal American workers in search of cheap labor overseas. But the real problem with outsourcing, if you don't think it through, is that it can wreck your business and cost you a bundle. Case in point: Boeing Co. and its 787 Dreamliner. The next-generation airliner is billions of dollars over budget and about three years late; the first paying passengers won't be boarding until this fall, if then.
March 28, 2013 |
This has been a bad couple of months for Boeing Co.'s 787 Dreamliner, but not for the company's stock price. Despite the January grounding of the Dreamliner by the Federal Aviation Administration, investors drove up shares of the aircraft maker to territory it had not seen since 2008. Boeing stock is up about 14% this year. FULL COVERAGE: Boeing's troubled Dreamliner The upswing has been fueled by confidence that the Dreamliner will soon be cleared to resume passenger flights, a move that would allow Boeing to deliver 787s to carriers worldwide.
October 27, 2011 |
For the first time, Japanese airline All Nippon Airways took to the skies carrying paying passengers aboard the world's first Boeing 787 Dreamliner. The much-anticipated passenger flight Wednesday was a charter trip from Narita, near Tokyo, to Hong Kong that took about four hours. The 787 Dreamliner is an all-new commercial jetliner that Boeing Co. says is the most advanced, fuel-stingy passenger jet ever made. It features a suite of new technologies, such as the largest windows on a commercial jetliner and the extensive use of strong, lightweight carbon composites rather than sheets of aluminum.
February 1, 2013 |
Dreamliners began their third week on the ground Thursday as investigators continued to study lithium-battery systems that burned on two 787s. The Wall Street Journal reports that investigators have not found any problems with the design, manufacture or installation of the batteries or with circuitry that is supposed to forestall danger of fire. Boeing is continuing to build 787s, but will not deliver them until the investigation is over. . . . . The lowest international winter fares are up only 2% compared with a year ago, TransAtlanticReport.com says. But low fares for April and May are up at least 6% . . . . John Wayne Airport says passenger traffic in 2012 increased 2.9% compared with 2011.
July 19, 2010 |
Boeing Co's new 787 Dreamliner touched down in Britain on Sunday on its first trip outside the United States, thrilling hordes of eager planespotters who came out to see the breakthrough carbon-composite plane. A media circus ensued as Boeing executives, including CEO Jim McNerney, emerged smiling from the plane, though McNerney did not actually fly to England with the plane, instead getting on board after landing. Social media was active with blow-by-blow coverage of the arrival, pointing to the intense interest in the plane not only within the business but also in the flight-enthusiast community.
January 17, 2013 |
LONDON -- European air-safety officials followed their American counterparts' lead Thursday by grounding Boeing 787 Dreamliner jumbo jets after a series of worrisome incidents aboard the new aircraft. The European Aviation Safety Agency, or EASA, announced that it was adopting the Federal Aviation Administration's directive, issued Wednesday, ordering all 787s taken out of service. Jeremie Teahan, a spokesman for the EASA, said the action was taken "to ensure the continuing airworthiness of the European fleet.