The A330neo is widely expected to keep the crown of the lucrative 250-300 seat market. On Thursday, in a development that gives wings to Airbus dreams, the upgraded version of its profitable A330 jet that is designed to give Boeing’s 787 Dreamliner a run for its money took to the sky for the first time.…
Airbus and Boeing see an increase in the demand for short-haul aircrafts for this region where low-cost carriers are aggressively servicing consumers’ demand for air travel. On Friday, Boeing Co stated it has increased its 20 year forecast for Southeast Asian demand by 460 aircraft. This marks the largest jump for any region in the…
Boeing is worried that the success of A321 is eating into its market share and weakening the demand for its 737-8. As per airlines industry sources, in the face of strong sales from its rival, Airbus’ A321neo, Boeing is closing in on its decision to launch a larger version of its workhorse, the 737 jet…
The new manufacturing method could not only save significant costs but also benefit from an improved technological upgrade cycle. Known for manufacturing huge, gigantic satellites that cost a bomb, nearly $150 million, aerospace giant Boeing plans on adopting new production practices which could significantly lower its production costs. The Wall Street Journal has reported, Boeing plans…
business-gurus.com 