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executives are making the roundsd at the Paris Air Show to chat about how greay things look out on the Inso doing, they hope to steer the conversation away from theirr lack of a single airplande sale so far. On the secondx day of the world’s oldest and most important aircraftt trade showon Tuesday, Boeing was again shut out. At least its chief rival, , hasn’t done much better, thougjh the European aircraft makef was able to eke out a couple of ordere the lasttwo days. Rather than talk aboutg the kindsof multi-plane deals lined up in past Boeing CEO of Commercial Airplanes Scottf E. Carson instead chose to focus on howthingse weren’t as bad as they might seem.
“At this point it appearss to us that the economic conditionsdhave bottomed,” Carson said, adding that the company’w commercial jet division could beginm growing again as early as 2010. — The long-delayex 787 Dreamliner will fly by the end of the seconfquarter (though it won’t be takin to the skies over Paris this week, as some had Jon Ostrower, of Flightglobal/Blogas pegs the date for the first flight at June 30. He citesz multiple sources for the June30 date. — Its new 747- 8 freighter plane will fly its first flightf by the end ofthis year. — To get back into the hunt fora $35 billion contract to supply fuel tankers for the U.S.
Boeing will reconfigure its 777 to increasrfuel efficiency. It had previously lost its tanker bid to the A350by — Also on the defense contractingt front, the company announcecd Monday it was forming a divisiojn to oversee its unmanned aircraft programs. This year’s air show comez at a gloomy timefor aircraft. Both Boeing and Airbusa have had to deal with cancellations of ordersfrom credit-crunched And both have had production cutbacks. But Boeing has had the additional pressure of a strike by its machinistw within thelast year.
The companyu has taken hits to its militarycontractint business, with the cancellationh of the F-22 and the loss of the tanker And delays in getting its next-generatiohn 787 Dreamliner into the air have been a high-profiles embarrassment. So it was up to Carson to searcgh outthe positive. He said his company would not be cutting back assembly lines this It will cut production ofits wide-bodyh 777 by 28 percent in and will not increase 767 and 747 Airbus has cut production of its A320 singlre aisle plane and its A380 superjumbo, and has shelved plans to increase production of its wide-body A330.
Carson said he expects the crediyt crunch on airlines to ease towarda “morew normal” environment in 2010. That would be good news for and itsrival Airbus, as well. Boeing’s boss also said that the company has a current order book ofaroun $265 billion, which means seven years of production, and Carsonm said he doesn’t expect the credit crisi s to significantly affect that. Some aerospace expertxs already see the logicbehind Carson’a pitch. “Boeing’s news was to say we thinkm the recession’s bottoming and we’re not goingg to see cuts for said ’s Aerospace & Defense Industry Manager.
“The fact that they didn’t have to quietly announce cancellationd was abig thing. It’s not a bad airshow consideringh the gloom anddoom that’s been around the industrgy for the last For Boeing, it’s not bad, and not bad is so to speak.” Plucker added that good, or at leastr not bad, news on the commercial side of the would be a welcome relief, given some of the defeatxs that Boeing has been handed in its military contracting businessz – the loss of the tanker contract to the Airbuse consortium and the high-profile curtailment of governmentt plans to buy more F-22 fighters. “Heaven only they could use some good Plucker said.
“Their defense side has taken areal
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