Boeing

    • US weighing new tariffs on EU goods in aircraft subsidy dispute

      US weighing new tariffs on EU goods in aircraft subsidy dispute

      The US Trade Representative’s office added items valued at $3.1bn to its list of European goods eligible to be hit with duties - including black olives, beer and gin - and said it could switch gears to target other items on a previously published list or raise existing duty levels further. The move is part of the latest development in the 16-year dispute over aircraft subsidies between Europe’s Airbus and US rival Boeing.

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    • Boeing resumes production of 737 MAX planes

      Boeing resumes production of 737 MAX planes

      Boeing has resumed production of the 737 MAX at a "low" rate following two deadly crashes that killed 346 people and led to the aircraft's global grounding by regulators, news wires reported. The company on Wednesday said work on the MAX had resumed at its Renton, Washington, factory as it implements initiatives to enhance workplace safety and product quality.

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    • Boeing shutters last commercial plane production

      Boeing shutters last commercial plane production

      Boeing announced Monday it is suspending production of its 787 Dreamliner aircraft "until further notice" due to the impact of the coronavirus pandemic on workers and suppliers. Shuttering the South Carolina plant on Wednesday halts production at the last of the aviation giant's US commercial aircraft facilities.

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    • Up to 50 Boeing planes grounded globally over cracks

      Up to 50 Boeing planes grounded globally over cracks

      Boeing announced Thursday up to 50 of its popular 737NG planes had been grounded after cracks in them were detected, in another blow to the US aircraft maker following two deadly crashes. The announcement comes after Australian national carrier Qantas became the latest airline to take one of the planes out of the air, as it said it would urgently inspect 32 others.

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    • WTO formally backs US tariffs on EU goods

      WTO formally backs US tariffs on EU goods

      The World Trade Organisation (WTO) formally ruled on Monday that the United States is free to take countermeasures against the European Union and Airbus-producing countries Britain, France, Germany, and Spain. This way the President Donald Trump administration no longer faces any legal obstacles for its set of previously scheduled sanctions on billions of dollars of European products that could now take effect on Friday.

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    • Airbus CEO warns of aviation trade war danger

      Airbus CEO warns of aviation trade war danger

      An escalating battle over aircraft subsidies between the US and the European Union threatens to damage both sides, said Airbus SE Chief Executive Officer Guillaume Faury. He will thus continue to advocate for a settlement between the two sides before the imposition of tariffs becomes a "lose-lose game" for both of them.

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    • Boeing loses $6bn order to Airbus

      Boeing loses $6bn order to Airbus

      Saudi Arabia’s flyadeal is terminating a prior order for Boeing’s 737 Max jet and is switching to European rival Airbus, in what is seen as the latest blow to the American manufacturer as it seeks to return the beleaguered fleet to flight after two fatal crashes. The budget airline, which in December said it would purchase 50 Max jets, announced on Monday that it will instead purchase 50 Airbus A320neo narrow-body jets, a direct rival to Boeing’s update to the popular 737 airliner.

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