Peter Arment News
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Honeywell International Inc. rose the most in nine months after predicting second-quarter earnings will increase more than analysts estimated, as demand for energy services surges.
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Boeing Co., after investing heavily in new jet designs, may see free cash flow as much as double during the next three years to $18 billion, raising the prospect of bigger dividends or stock buybacks.
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The U.S. probe into battery incidents on Boeing Co.’s 787 Dreamliner may drag on for months, leaving murky at best the pathway for the company’s most advanced plane to return to the skies.
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U.S. aviation regulators aren’t pressing to get Boeing Co.’s 787 back into the air and won’t let the grounded Dreamliner jet resume flights until they know it’s safe, Transportation Secretary Ray LaHood said.
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Boeing Co. is poised to retake the global lead in jetliner deliveries for the first time in a decade, after delivering almost two dozen more jets through November than Airbus SAS, its larger rival.
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Boeing Co. ’s 787 Dreamliner, grounded for two weeks because of a fire during a flight, will be delayed for a seventh time as months of testing remain before the plane can be certified for passenger use, analysts say.
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Boeing Co. plans to boost output of the 777 jet 66 percent by 2013, a move that will add revenue as the planemaker prepares to announce a seventh delay to its 787 Dreamliner.
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Boeing Co. said it will revise the program schedule of the 787 Dreamliner as it alters some software and power-distribution panels following an on-board fire on the jet that is already almost three years behind plan.
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Boeing Co. will have to rework part of the software on the 787 Dreamliner’s electrical system and its power panels after an onboard fire two weeks ago halted flight tests, three people familiar with the matter said.
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Boeing Co. said it will redesign part of the software on the 787 Dreamliner’s electrical system and its power panels after an onboard fire two weeks ago halted flight tests.
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