Boeing

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Boeing's Dreamliner Faces Probe After Fire, Brake Scare

NTSB gets nervous after Japan Airways incident

(Newser) - The Boeing 787 Dreamliner is having a really nightmarish week. Air safety officials launched a formal probe into the long-delayed plane yesterday, the Wall Street Journal reports, after a series of safety scares. First, a fire broke out aboard an empty Japan Airlines 787 at Boston's Logan Airport on...

26 Big Firms Paid More to CEOs Than to US in Taxes
26 Big Firms Paid More to CEOs Than to US in Taxes
study says

26 Big Firms Paid More to CEOs Than to US in Taxes

New study blasts corporate tax code

(Newser) - A new study that might set your blood boiling finds that 26 large US companies, each of which generated an average of more than $1 billion in net income last year, paid more to their CEOs than they paid to the federal government in taxes last year. The CEOs received...

NASA: We'll Launch Astronauts in 5 Years

Three commercial companies will build new crafts

(Newser) - NASA is gearing up to again launch humans into space ... within five years. The agency retired its fleet of shuttles last summer, and this morning it announced a deal worth about $1 billion with three American companies to design and construct the next generation of rocket ships to take off...

Looming Danger: Coming Pilot Shortage

Could lead to less-qualified hires, warns FAA

(Newser) - With airlines adding to their fleets, the world will need some 460,000 new pilots over the next two decades, Boeing says—and that could mean airlines hiring less-qualified people. Some 69,000 pilots will be needed in North America, while the Asia-Pacific region will need 185,000, according to...

Airbus Plans First US Assembly Line in Alabama

Mobile plant could produce dozens of A320s per year

(Newser) - Airbus plans to invest several hundred million dollars in a new plant in Mobile, Ala., which would be the European plane manufacturer's first factory on US soil, sources tell the New York Times . The move would ramp up its competition with Boeing, which has been the only company building...

Boeing Tests Drone Capable of Unmanned Flight for Days

Drone designed to stay in the air for days

(Newser) - Drone technology took another leap on Friday, with Boeing's first test flight for the Phantom Eye, a huge, hydrogen-powered spy craft capable of staying airborne for days at a time. In its first test flight, the Eye only stayed aloft for about 28 minutes, however, circling around Edwards Air...

NATO Protesters' Chicago Target Today: Boeing

20 of those arrested yesterday released

(Newser) - Many downtown businesses and dozens of Metra rail stations are closed in Chicago today as the city braces for the final day of fiery protests against the NATO summit there. This time organizers with the Occupy Chicago movement have planned a morning march on Boeing's building on the Chicago...

GE Hiring Thousands of US Veterans
 GE Hiring 
 Thousands 
 of US Veterans 
good news dept.

GE Hiring Thousands of US Veterans

Firm to invest $580K in aviation plants amid effort to reboot economy

(Newser) - As General Electric prepares to host an economic summit in Washington, the firm has announced some fixes of its own: It will hire 5,000 US veterans over five years and invest $580 million in its aviation operations this year, Reuters reports. "We should have the confidence to act...

Emirates Airline Places Record Boeing Order

50 Boeing 777s would be priciest deal ever

(Newser) - Dubai's fast-growing airline, Emirates, kicked off the region's biggest airshow today with an order for 50 Boeing 777s, which the US-based aircraft maker described as its biggest single order in dollar terms in history. The list price for the deal is $18 billion, but airlines typically negotiate discounts...

30 Top Corporations Paid US No Taxes, Despite Profit

Few companies actually pay 35% rate

(Newser) - America may have a lofty 35% corporate tax rate—but who actually pays that? A new study from a pair of left-leaning think tanks examined 280 Fortune 500 companies from 2008-2010, and found that their average effective rate was 18.5%, with a quarter paying less than 10% and 30...

Dreamliner Makes Maiden Commercial Flight

25K people sought tickets for first 787 voyage

(Newser) - After years of delays, the aircraft Boeing says is the future of aviation made its first commercial flight today, reports the BBC . The 787 Dreamliner, the first jet largely built from lightweight carbon-composite materials, took off on a chartered flight from Tokyo to Hong Kong for All Nippon Airways, the...

Ryanair Plans to Remove Bathrooms to Cut Costs

They're trying to convince Boeing to let them install more seats

(Newser) - If you’re flying on Ryanair, remember what dad always said and do your business before takeoff. Europe’s biggest airline, ever on the cutting edge of new ways to squeeze money out of its flights, had been considering charging passengers to use the bathroom on its flights, but now...

Plane Lands on Engine in Turkey

No one injured in Sky Airlines mishap

(Newser) - A plane en route from Germany landed on its engine at a Turkish airport following the collapse of its landing gear, a Turkish official says. None of the 156 people on board were injured. The landing gear of the Sky Airlines flight broke during the landing at Antalya Airport, causing...

Obama's Job-Creation Team Full of Job Cutters

Advisers from Xerox, Kodak have laid off thousands

(Newser) - Tomorrow, President Obama will meet with his council of advisers on job creation; trouble is, many of its members seem to know more about cutting jobs than adding them. The head of American Express, for example, was appointed to the council days after AmEx cut 550 jobs—despite the firm...

37 Busted in FBI Raid on Boeing Plant

Prescription drugs allegedly being bought, sold illegally

(Newser) - A handful of workers at Boeing's Ridley Park plant were apparently doing more than building military aircraft: The FBI today arrested 36 current and former employees, along with a 37th individual, who were allegedly involved in illegally distributing prescription drugs. The Philadelphia Inquirer reports that the arrests follow a...

Boeing Finally Delivers Dreamliner— Take a Tour

First plane delivered after years of delays

(Newser) - The Boeing 787 Dreamliner is finally taking off—just three years behind schedule. Yesterday, the much-anticipated jet was officially delivered to its first customer, Japan’s All Nippon Airways. With a ceremony planned for today in Everett, Wash., reporters are getting a look at the nifty features that set the...

Many Firms Pay CEOs More Than the Taxman

Liberal think tank singles out 25 of the 100 highest-paid execs

(Newser) - Many in Washington are calling for lower corporate taxes, but many US corporations have now become so adept at dodging the taxman that they’re paying their CEOs a lot more than Uncle Sam, according to a new study from a liberal think tank. The study found that 25 of...

Joe Nocera: National Labor Relations Board's Boeing Complaint Shows Democrats Slowing Job Growth
 Hey, Obama: Dems 
 Slow Job Growth, Too 
joe nocera

Hey, Obama: Dems Slow Job Growth, Too

Labor agency's action against Boeing is case in point: Joe Nocera

(Newser) - President Obama has been rightly railing against Republicans for blocking job-creation measures, but they're not the only ones. Boeing is ready to start building its 787 Dreamliners partially in a new South Carolina plant, home to 5,000 nonunion workers. But the National Labor Relations Board wants to leave...

Post-Shuttle Era NASA: Now What?

Agency lacks clear vision for future of space exploration

(Newser) - Atlantis' wheels will hit Earth early Thursday, closing out NASA's epic 30-year space shuttle program for good. But when the dust clears, the space agency has no clear replacement program on the horizon to lead America's return to space, notes the LA Times . Rather, the trailblazing agency is...

Airbus' Star Jet Grounded After Air Show Flub

Airbus faces series of setbacks at Paris Air Show

(Newser) - The world’s biggest air show begins today, but Airbus won't be showing off the gem of its fleet—the superjumbo A380 has been grounded after it collided with a taxiway building, damaging its wingtip. It’s just one of several Paris Air Show embarrassments for the Boeing rival,...

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