Tag: #Boeing
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Boeing-Airbus dispute: Latest developments
London, March 4 (AFP/APP): The British government said Thursday it had struck a deal with the United States to remove retaliatory tariffs on a range of UK goods and jointly de-escalate the “Boeing-Airbus dispute”. “I’ve agreed with the US to remove retaliatory tariffs on a range of UK goods,” International Trade Secretary Liz Truss said, adding it included…
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Boeing confirms that dozens of its 777 aircraft were grounded globally
Washington, Feb 22 (AFP/APP): Boeing confirmed Monday that dozens of its 777 aircraft were grounded globally after the engine of a United Airlines plane caught fire and scattered debris over a suburb of Denver, Colorado. It is a fresh blow for the beleaguered US aviation giant that was forced to ground another fleet of planes…
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US sticks by tariffs in Boeing-Airbus trade dispute
Washington, Feb 12 (AFP/APP):President Joe Biden’s administration said Thursday it will maintain punitive tariffs on some European imports as part the long-running trade dispute between Boeing and Airbus. In a notice due to be published in the Federal Register on Friday, the US Trade Representative (USTR) said “it is unnecessary at this time to revise”…
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UK Misses Trump Deal in Airbus-Boeing Tariffs Dispute
UK has missed the Trump deal in the Airbus-Boeing tariffs dispute.
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DHL Planning to buy 8 Boeing Planes Due to Package Boom
Frankfurt Main, Jan 12 (AFP/APP): DHL owner Deutsche Post reported record results on Tuesday and said it was buying another eight Boeing aircraft as the pandemic fuels a package boom spurred by online shopping. The German logistics giant posted pre-tax profits of 4.8 billion euros ($5.8 billion) in 2020, it said in an unscheduled announcement,…
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Plunge in Boeing Sales!
New York, Jan 12 (AFP/APP): Boeing reported Tuesday a 59 percent plunge in commercial plane deliveries in 2020 as it contended with the grounding of the 737 MAX and a travel industry downturn amid Covid-19. The aerospace giant delivered just 157 planes last year, down from 380 in 2019. Boeing also suffered a net drop…
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Will you fly in a FAA re-certified Boeing 737 MAX aircraft?
FAA allows 72 US registered Boeing 737 MAX to be in air again but within USA. Fate of another 322 registered in 32 other countries remains to be seen. Boycott of French Products, Islamophobia and the Muslim World [bs-quote quote=”After an ordeal of 20 months the largest aircraft manufacturer can have a little relief but…
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EU Going Ahead with Boeing Tariffs Against US
EU is going ahead with Boeing tariffs against the US.
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Battered by pandemic, Boeing cutting 30,000 jobs in two years
New York, Oct 28 (AFP/APP):Pressured by a prolonged commercial travel downturn and the hit from the 737 MAX crisis, Boeing on Wednesday announced an additional 7,000 job cuts that will lower headcount by 30,000 positions over two years. The planemaker, which has been in belt-tightening mode throughout 2020 in the wake of the coronavirus on…
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Rolls-Royce to axe 9000 jobs in COVID-19 downturn
Britain’s aerospace giant, Rolls-Royce, plans to cut at least 9000 jobs amid the continuing coronavirus crisis, with United Kingdom (UK) factories set to be hardest hit. The British jet-engine maker could shut factories to adapt to the much smaller aviation market that will emerge from the coronavirus pandemic. The Derby-based company is one of the UK’s…