Economy of the United States

November 17, 2013 - 10:30am

Boeing will be exploring “all options” for production site locations for the new 777X, not only Seattle, Boeing Commercial Airplanes CEO Ray Conner told a gathering of reporters in Dubai on Saturday. His statement followed the rejection by company machinists of a contract extension proposal, which featured a Boeing commitment to build the airplane and its carbon-fiber wing in the Puget Sound region of Washington state. Conner insisted that Boeing had offered a fair proposal and that the company “has no plans” to return to the bargaining table.

November 16, 2013 - 9:15am
Boeing 777X

Boeing and a trio of Arabian Gulf airlines have set the stage for what could prove one of the most memorable Dubai Air Shows ever, as the parties neared conclusion of negotiations of reported contracts for up to approximately 200 of the new 777X, valued at some $80 billion at list prices. The deals appear likely to effectively launch the project here in Dubai, where executives for Emirates Airline have spent more than two years helping define the ultimate shape of the 350- to 400-seat jet, entry into service of which Boeing has targeted for around 2020.

November 14, 2013 - 12:31pm

Revenue at Berkshire Hathaway’s “other services” business, which includes NetJets and FlightSafety International, grew by 9.4 percent in the third quarter, to $2.235 billion, thanks in large part to higher sales of fractional aircraft shares at NetJets. In the first nine months, revenue was up by 10.5 percent, to $6.649 billion.

November 14, 2013 - 12:11pm

GAMA’s board of directors elected Steve Taylor, president of Boeing Business Jets, the association’s chairman for 2014. Taylor previously served as GAMA’s vice chairman of the board and as chairman of the flight operations policy committee. Joe Brown, president of Hartzell Propeller, was selected as GAMA’s vice chairman. He will also continue to serve as chairman of GAMA’s policy and legal issues committee. Meanwhile, GAMA’s board of directors approved Stevens Aviation as a member company.

November 4, 2013 - 4:25am

Horizon Air and the International Brotherhood of Teamsters reached a tentative agreement in late September on a five-year contract extension for the airline’s 280 mechanics, fleet service agents and other fleet support employees. According to Horizon parent company Alaska Air Group, the proposed deal calls for wage increases and several unnamed “quality-of -life enhancements.”

October 28, 2013 - 11:30am

Less-than-satisfactory dispatch reliability of the Boeing 787 hasn’t discouraged the company’s ambitions to ensure enough airplanes roll out of the two Dreamliner factories to meet delivery commitments. Now building 787s at a rate of seven per month, the company announced plans last week to raise rates from the 10 per month targeted for the end of this year to 12 per month by 2016 and 14 a month before the end of the decade.

October 24, 2013 - 7:50pm

Members of United Auto Workers Local 218 have ratified a new five-year contract with Bell Helicopter (Booth No. C9343). The five-year pact covers 2,500 machinists and other manufacturing workers in Texas.

Union members had been working at Bell since June without a contract as negotiations over health care and pension benefits bogged down. They staged a one-day strike September 5.

October 24, 2013 - 4:00pm

Aviall, a Boeing Company, has been shaking things up near the top, as far as staff are concerned. The company announced during NBAA 2013 that Terry Scott has been named to a newly created position, senior vice president of business development.

October 24, 2013 - 1:50pm

The Mente Group of Addison, Texas is offering a new aircraft acquisition and completion service called Mente Complete. Under the program, VIP aircraft purchasers will receive integrated assistance in the purchase, design, completion and delivery of used aircraft.

October 23, 2013 - 9:55pm
Maria Sastre, President and COO Signature Flight Support signed an agreement with Marilyn Boston, Aviation Manager of Imperial Oil.

Signature Flight Support signed a deal yesterday that could see the service provider chain make as many as 38 new additions to its network. In a ceremony at its booth (No. N3505), the company announced an agreement with Imperial Oil of Canada to offer the option to all Canadian Esso-branded FBOs to become fully-licensed members of the Signature network, or to join the service provider’s Signature Select affiliate program.

 
X