On Monday, the next-generation in commercial aviation arrives, as Boeing will deliver its first 787 Dreamliner to Japan’s All Nippon Airways. To say that there’s a lot riding on the 787 for Boeing and for U.S. jobs and exports would be an understatement.
Boeing Co's 787 Dreamliner, the world's first commercial airplane made largely of lightweight composite materials, is set for first delivery to a customer next week.
Boeing unveiled its 787 Dreamliner for All Nippon Airways crew at its Everett factory north of Seattle.
The Boeing 787 Dreamliner finally debuted Saturday after three years and billions of dollars were spent on the plane expected to revolutionize air travel.
Wedbush Securities said Boeing Co. (NYSE: BA) annual investor day yielded little incremental insight, but increased its confidence in the timing and production ramp of the new commercial programs. The brokerage maintained its outperform rating on shares of Boeing with a price target of $91.
RBC Capital Markets said in the Plane Truth edition that it spoke to most of Boeing Co.'s (BA) 25 largest 737 customers (accounting for about 70 percent of the 737 backlog) to gauge their interest in a re-engined 737, a new clean-sheet-of-paper narrowbody plane, and their appetite for the Airbus A320 NEO (New Engine Option) offering.
The companies that reported earnings before the markets open on Wednesday are: Boeing, ConocoPhillips, Abbott, General Dynamics, United Technologies, Southern Co., Hess, Xerox, Rockwell Automation and Wellpoint.
The delivery of Boeing's 787 Dreamliner, no stranger to delays, was pushed back again to third quarter 2011.
Gleacher lowered Boeing's 2011 profit estimate as it expects further delays in the company's 787 aircraft entering service.
The central body of the aircraft will allow passengers to the see the stars above and city lights below.