Boeing's blast at Airbus

Article Abstract:

The senior vice-president of Boeing, Ron Woodward, argues that it is too expensive to development a very large aircraft as a stand-alone project. He sees stretching existing Boeing 747 aircraft as a more realistic option, in contrast to Airbus, which is seeking to develop a new model. Woodward argues that the market for such a large aircraft is not large enough to justify the cost of developing it. Airbus estimates that it would cost $10 billion to develop such an aircraft.

Commercial Aircraft

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Cost worry hits Boeing

Article Abstract:

Boeing has been affected by a rise in production costs which has meant lower earnings for 1st qtr 1997 than forecast. An increase in orders helped boost the company's share price but a warning of lower margins led to a subsequent drop. Boeing took on an additional 20,000 employees in 1996 due to increased orders. The company's profit and sales have increased with profit from operations rising to $313 million in 1st qtr 1997 compared with $119 million.

Finance, Aircraft

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The Boeing KC-767 tanker is seen as the only smart choice

Article Abstract:

The Airbus A330 has a wingspan of 198 feet that is 30 percent bigger than the 156-foot span of Boeing's 767. It needs stronger runways to support its weight and burns a ton more fuel per hour of flight than its Boeing rival.

United States, Product development, France, Military Aircraft, Evaluation, A330 (Aircraft)

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