TOKYO — Soaring oil prices are likely to crimp the need for regional jets and force bigger aircraft to grow more fuel-efficient, a senior Boeing executive said Wednesday.
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It’s part of an effort to improve manufacturing as Boeing faces an order backlog of 3,600 planes, including the delayed Dreamliner 787.
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Shares of Boeing Co. slid to a three-year low Thursday, amid concerns over high oil prices and a possible strike at the company’s commercial airplane business.
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Soaring oil prices are likely to crimp the need for regional jets and force bigger aircraft to grow more fuel-efficient, a senior Boeing executive said Wednesday. Randy Tinseth, Boeing Co. marketing vice president, said oil prices are likely to remain high… […]
SEATTLE — A Boeing 787 is ready for a test flight this Seafair weekend. Well, sort of anyway. When hydroplanes hit the water Friday to start the weekend of racing that will culminate in Sunday’s Chevrolet Cup, a boat called the U-787 Salute the Seafair will be on Lake Washington.
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Union officials also say they’re dissatisfied with the progress of current contract talks.
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Soaring oil prices are likely to crimp the need for regional jets and force bigger aircraft to grow more fuel-efficient, a senior Boeing executive said Wednesday.
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The Boeing Co. said Tuesday that it expects to have the first fuel-inerting system on production models of the 777 later this year, and on production 747s a few months later, in 2009.
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Contract talks with Boeing are “in deep trouble,” the lead negotiator at the Machinists union said Tuesday, implying that a strike in September is likely if the company’s offer doesn’t improve.
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Boeing’s two largest unions have warned the company against taking a “hard-line stance” during contract talks. Boeing has myriad issues facing its 787 Dreamliner program and can ill afford a work stoppage, officials with the Machinists union and the Society of Professional Engineering Employees in Aerospace said Tuesday during a conference call. […]