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Boeing Business Fabrice Bregier president report 

Airbus unveils leaner structure, confirms sales shake-up

July 3, 2017 PARIS (Reuters) – Airbus on Monday formally kicked off a leaner corporate structure under Chief Executive Tom Enders, following a recent merger between its parent company and its dominant planemaking arm, and confirmed a reorganization of its commercial sales. Confirming changes first announced last year, the reorganization involves a single corporate headquarters in Toulouse, France, with Fabrice Bregier as group-wide chief operating officer and president of commercial aircraft. “Airbus will benefit from a simpler structure that enables faster decision-making, less bureaucracy, greater collaboration and increased efficiency,” it…

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Boeing Business Frenchman Bregier peace 

Exclusive: Airbus CEO Enders to take control of plane sales in new shake-up

June 30, 2017 By Tim Hepher PARIS (Reuters) – Airbus is launching a reorganization of its commercial aircraft sales operations in a move likely to focus fresh attention on a delicate balance of power at Europe’s largest aerospace company, people familiar with the situation said. From July, the globe-trotting sales team, best known for contesting leadership of the jetliner market with Boeing, will report directly to Airbus Chief Executive Tom Enders, bypassing commercial aircraft president Fabrice Bregier, the people said. A spokesman for Airbus declined to comment. The surprise move,…

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Boeing Business Mark Potter Paris Airshow Victoria Bryan 

Boeing lifts 20-year industry demand forecast to $6 trillion

June 20, 2017 By Tim Hepher and Victoria Bryan PARIS (Reuters) – Boeing raised its 20-year industry forecast for passenger and freight plane deliveries by 4 percent on Tuesday, though executives at the world’s biggest airshow in Paris expect demand this year to cool from recent red-hot levels. The U.S. planemaker continued to rack up orders at the Paris Airshow for a new model of its best-selling 737 aircraft, which was launched on Monday amid a flurry of deals. Leasing firm Aviation Capital Group (ACG), for example, said it had…

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Boeing Business CANCUN Dreamliner month 

Boeing studies ‘mild to wild’ design for pivotal mid-market jet

June 7, 2017 By Tim Hepher CANCUN, Mexico (Reuters) – Boeing has looked at options “from mild to wild” for the design of a proposed mid-market jet, a senior executive said, hinting at a breakthrough that industry sources say will create building blocks for future models. Marketing Vice President Randy Tinseth said Boeing would leapfrog reported plans by Airbus to update its hot-selling A321neo, as Boeing eyes a gap between narrow-body jets and long-haul aircraft for a potential new mid-market airplane. “We have looked at the mild and we have…

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Safran executive says Boeing LEAP engine problem not design issue

May 11, 2017 VILLAROCHE, France (Reuters) – The head of Safran’s aircraft engines division said on Thursday that an engine problem with a Boeing plane was not a design issue, and that an Airbus plane using a different version of that engine was not affected. Boeing said on Wednesday it had halted test flights of its new 737 MAX aircraft due to an issue with the engine, made by Safran-GE joint-venture CFM International. Boeing uses a version of the engine called LEAP-1B. Speaking at a factory outside Paris where it…

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Boeing suspends 737 MAX flights due to engine issue

May 11, 2017 By Alwyn Scott SEATTLE (Reuters) – Boeing Co said on Wednesday it had temporarily halted test flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by General Electric Co and Safran SA of France. The grounding comes days before Boeing was due to deliver its first 737 MAX to an airline and marks a high-profile delay in a program that Boeing had said was ahead of schedule. It poses no safety concerns for travelers because no airlines are…

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With maiden jet flight, China enters dog-fight with Boeing, Airbus

May 5, 2017 By Jackie Cai and Adam Jourdan SHANGHAI (Reuters) – China’s home-grown C919 passenger jet completed its long-delayed maiden flight on Friday, a major first step for Beijing as it looks to raise its profile in the global aviation market and boost high-tech manufacturing at home. Under overcast skies, the white, green and blue aircraft, with “C919” emblazoned on its tail, touched down at Shanghai’s international airport after an 80-minute flight to cheers from thousands of dignitaries, aviation workers and enthusiasts. The jet is a symbol of China’s…

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Boeing seeks U.S. anti-dumping probe against Bombardier jet

April 28, 2017 By David Lawder and Alwyn Scott WASHINGTON/NEW YORK (Reuters) – Boeing Co on Thursday asked the U.S. Commerce Department to investigate alleged subsidies and unfair pricing for Canadian planemaker Bombardier’s new CSeries airplane, adding to growing trade tensions between the United States and Canada. The petition against Canada’s new competitor to the Boeing 737 aircraft came just days after the Commerce Department imposed duties averaging 20 percent on imports of Canadian softwood lumber, saying that the product’s origin from public land amounted to an unfair government subsidy….

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Ready for take-off? China’s answer to Boeing now just needs to sell

April 24, 2017 By Brenda Goh and Tim Hepher SHANGHAI/PARIS (Reuters) – When China unveiled an historic order for its first large commercial jetliner at a national air show in 2010, Western journalists were kept away, and only local media were allowed to witness a major turning point in China’s aviation ambitions. The COMAC C919 jet is expected to stage its maiden flight in the coming weeks, and foreign media and potential buyers will be invited in force – illustrating how Beijing is adjusting to competition for a slice of…

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Boeing forms venture group, invests in two tech startups

April 5, 2017 By Alwyn Scott SEATTLE (Reuters) – Boeing Co said on Wednesday it had launched a venture capital arm and invested in two tech startups, a fresh sign of the importance big companies see in keeping up with rapidly evolving technology for designing and making products. Boeing’s new division, known as HorizonX, invested in Upskill, a Washington, D.C.-based software company that uses Google Glass-type eye wear to help assembly workers with complex tasks such as creating wiring bundles for Boeing jetliners. It also invested in Zunum Aero, a…

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