Boeing Scores $100B in Orders at Airshow, Inks New Supply Deal

FOX Business ^ | November 18, 2013 | Jennifer Booten

[ConservativeStatement]

Shares of Boeing (BA) climbed into the green early Monday after the jet maker unveiled fresh orders for its upcoming 777x and struck a new supply deal with a major firm in the United Arab Emirates.

The Chicago-based Dreamliner maker racked up roughly $100 billion in orders with Middle Eastern carriers on the first day of the 2013 Dubai Airshow. The 342 orders in the fast-growing market doubled those awarded to rival Airbus.

[ConservativeStatement]

A very sizeable order for Boeing but what is also interesting is this "the company will likely make a decision on where to build to next-generation 777 within the next two to three months."

[Dubh_Ghlase]

Wonder how this will be done, considering their labor issues? Maybe they plan to move to a red state to git ‘er done...?

[ConservativeStatement]

Sounds to be that the company has leverage in any potential negotiation.

[ConservativeStatement]

me (not be)

[SandRat]

and the 77Z should be built in SC, in Southeast Arizona, or some other free to work non Union/Rat controlled state.

[Baynative]

WA Ping

The plot just got a little thicker for Governor Jay "Moonbeam II" Inslee and the Seattle unions, didn't it?

[Conscience of a Conservative]

The company certainly has leverage, but the union has some as well - the Everett plant currently builds the 777, and it would be much cheaper (and easier and faster) to modify that factory/line than it would be to build a new 777x factory somewhere else.

[Oberon]

"Boeing"

I always figured they named the company that because it's the sound the planes make when they land...

[Eva]

Meanwhile on the same day, a Boeing 737 crashes in Russia, killing all on board. The cause of the crash is under investigation.

[logi_cal869]

Meanwhile on the same day, a Boeing 737 crashes in Russia, killing all on board. The cause of the crash is under investigation.

Wonder if there were any heads of State on board that one...

[Eva]

Maybe some Ukrainian officials who were leaning toward free trade with the Eurozone. This is the week that the Ukrainians are supposed to make the choice between the Eurozone and Russia.

I cannot imagine why any Ukrainian would want to by aligned with the Russians after the way the Ukrainians were treated by the Soviet Union.