Boeing, BOC Aviation Finalize Order for Two Additional 737-800s

Order grows Singapore-based leasing company’s portfolio of fuel-efficient airplanes SEATTLE, Dec. 18, 2014 /PRNewswire/ — Boeing [NYSE: BA] and BOC Aviation have finalized an order for two additional 737-800s, valued at $186 million at current list prices. The order is a part of the Singapore-based leasing company’s effort to grow its portfolio of fuel-efficient airplanes. “Building on our order of…

Boeing Board Increases Share Repurchase Authorization to $12 Billion, Raises Dividend 25 Percent

CHICAGO, Dec. 15, 2014 /PRNewswire/ — Boeing [NYSE: BA] Chairman and Chief Executive Jim McNerney announced today that the Boeing board of directors increased the company’s authorization for its share repurchase plan to $12 billion and declared that the company’s regular quarterly dividend will increase by 25 percent to 91 cents per share. “Strong operating performance across our business continues…

Boeing, Jetlines Announce Order for Five 737 MAX 7s

New Canadian ultra-low cost carrier starts building its fleet SEATTLE, Dec. 15, 2014 /PRNewswire/ — Boeing [NYSE:BA] and Jetlines today announced an order for five 737 MAX 7s as the new Canadian ultra-low cost carrier builds its future fleet. The order, valued at $438 million at current list prices, includes purchase rights for an additional 16 737 MAXs.  “This agreement…

Boeing Begins Construction of Simulation and Analytics Lab Space in Huntsville

Boeing adds 7,000 square feet of lab space to research center; construction will be complete in mid-2015 HUNTSVILLE, Ala., Dec. 11, 2014 /PRNewswire/ — Boeing (NYSE: BA) today announced it has begun construction on a 7,000-square-foot addition to its research and technology center in Alabama. Known as the Center for Applied Simulation and Analytics (CASA), the new lab space will…

Boeing, South African Airways Look to First Harvest of Energy-Rich Tobacco to Make Sustainable Aviation Biofuel

Pioneering project supports South Africa’s rural economy, environment, public health MARBLE HALL, South Africa, Dec. 9, 2014 – Boeing [NYSE:BA] and South African Airways (SAA) announced today that South African farmers will soon harvest their first crop of energy-rich tobacco plants, an important step towards using the plants to make sustainable aviation biofuel. Boeing and SAA, along with partners SkyNRG…

Boeing Forecasts Unprecedented Diversity, Efficiency for 2015 Aircraft Financing

– Strong air transport industry fundamentals underpinning finance market health – New participants attracted by decades of predictable, attractive returns – Export credit usage to continue at historically low levels CHICAGO, Dec. 9, 2014 /PRNewswire/ — Boeing [NYSE: BA] says decades of predictable, attractive returns have led to unprecedented diversity, efficiency and volume of financing for commercial airplanes, with airlines…

Boeing Conducts World’s First Flight with ‘Green Diesel’ as Aviation Biofuel

ecoDemonstrator 787 flies on sustainable fuel made from vegetable oil, waste animal fat Testing supports industry efforts to approve widely available biofuel for aviation SEATTLE, Dec. 3, 2014 /PRNewswire/ — Boeing [NYSE: BA] has completed the world’s first flight using “green diesel,” a sustainable biofuel that is widely available and used in ground transportation. The company powered its ecoDemonstrator 787…

Boeing to Continue Providing ICBM Guidance Systems to the U.S. Air Force

Boeing exceeds quality and repair performance qualifications HEATH, Ohio, Dec. 1, 2014 – Boeing [NYSE: BA] will continue to repair and supply the guidance systems of the Minuteman III Intercontinental Ballistic Missile (ICBM) to the U.S. Air Force through September 2015, keeping the weapon system adequately stocked with spare missile guidance sets and on constant alert. Under a $46.8 million…

Boeing Statement on Kuwait Airways’ Intent to Purchase 10 777-300ERs

SEATTLE, Nov. 20, 2014 – Boeing [NYSE: BA] is pleased that Kuwait Airways has announced its intent to purchase 10 777-300ER (Extended Range) airplanes worth $3.3 billion at current list prices. “We appreciate the start of a new partnership with Kuwait Airways,” said Marty Bentrott, vice president of Sales for Middle East, Russia and Central Asia, Boeing Commercial Airplanes. “Boeing…

Boeing ecoDemonstrator 787 Tests Innovations for More Efficient Air Travel

Testing digital technologies, remote sensors, icephobic wing coatings to reduce fuel use, emissions, noise SEATTLE, Nov. 17, 2014 /PRNewswire/ — The Boeing [NYSE: BA] ecoDemonstrator 787 has begun flight testing more than 25 new technologies aimed at improving aviation’s environmental performance through every phase of flight. The Boeing ecoDemonstrator Program accelerates the testing, refinement and use of new technologies and…