iscoverBoeing has backed Airbus in its dispute with the European Union over the EU’s carbon pricing scheme, a rare moment of agreement between two arch-rivals who remain locked in a bitter trade dispute over government subsidies. “This is not about Boeing and Airbus,” Boeing CEO Jim Albaugh told Reuters during an aviation industry meeting in
Airbus has joined with Virgin Australia in studying the possibility of producing sustainable jet fuel out of eucalyptus trees. The consortium, which also includes the Future Farm Industries CRC, aims to have an alternative fuel pilot plant operating in Australia within the next year. The effort is focusing on a thermal conversion process known as
The US Federal Aviation Administration yesterday issued Boeing with an amended type certificate for the 787-8 Dreamliner equipped with General Electric GEnx engines. Boeing completed flight testing of the combination last month. The 787 received FAA certification with Rolls-Royce engines in August 2011 and entered commercial service in October. This content is available exclusively to
Boeing’s 787 Dreamliner has won the 2011 Collier Trophy, capping a year that saw the heavily hyped aeroplane finally enter commercial service but continue to face production snags. The Collier Trophy, an annual award presented by the US National Aeronautics Association, recognises “the greatest achievement in aeronautics or astronautics in America.” First awarded in 1911,
The World Trade Organisation has upheld most of its 2010 ruling against Boeing, finding that the aerospace giant received billions in illegal subsidies from US federal and state agencies. The WTO did not put a precise figure on the size of the subsidies but the total was far below the nearly $24 billion in illegal
Airbus parent EADS has predicted booming profits this year after releasing solid financial results for 2011. EADS, which also owns Eurocopter, Astrium and Cassidian, finished the year with a record order book worth €541bn euros (A$670bn) and revenues of €49bn (AU$60.6bn), a seven percent increase. Fourth quarter profits were up 72 per cent to €612m
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