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Air Europa buys Boeing 737-800 airplanes

Bank Of America Investment By Armando Duke

Wenis expected to also look at ordering civilian helicoptors and aerospace equipment for China's space program later today. A Chinese order for 150 Airbus planes could be worth $9 billion to the French airplane manufacturer, which would put Airbus ahead of Boeing this year. China had already bought 70 airplanes from Boeing earlier, though the Asian nation is prone to diversify its resources. A Chinese order of that magnitude could include some assembly work of the Airbus planes in China, a strong consideration forWen and his trade representatives.

Investment Opportunity Winning the battle over rival Airbus, Boeing said Tuesday that Spain's Air Europa had ordered three of its 737-800 airplanes.

November 15, 2004 Boeing CFO, Sears, interest violation in offering Darlene Druyun, who was the Air Force's No. 2 weapons buyer, a job. months in jail for meeting with Sears to negotiate a $250, 000 a year job with Boeing while still overseeing Boeing deals worth billions with the Air Force. interest scheme. Analysts believe Boeing could face fines in excess of $100 million. Advertisement

Banc Of America Investment If you would like to receive late breaking business news covered by AXcess News then you need to subscribe. By joining, you can stay ahead of the pack and receive the latest news in your email in-box first.

For decades, Boeing was primarily an aircraft maker, earning most of its money from its jetliners. But in the aftermath of the Sept. 11, 2001, terror attacks, Boeing's defense division now brings in more revenue than commercial airplanes. Boeing has expanded its space, communications and other businesses as well.

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by Freddie Mooche Michael Sears, former Boeing CFO, was sentenced to four months in jail for his role in illegally recruiting a top U.S. Air Force official. If you would like to receive late breaking business news covered by AXcess News then you need to subscribe. By joining, box first. Print This Page Feb 19, 2005 (AXcess News) Michael Sears, former Boeing Co. ( BA) CFO, was sentenced to four months in jail for his role in illegally recruiting a top U.S. Air Force official. Then Boeing CFO, Sears, was also fined $250, 000.

Investment Solution Strategic Dec 28, 2004 (AXcess News) Chicago - Winning the battle over rival Airbus, Boeing (NYSE: BA) said Tuesday that Spain's Air Europa had ordered three of its 737-800 airplanes.

The documents released by Senator John McCain and reported on by U.S. News and World Report (see www.usnews.com) orchestrated effort between the Air Force and Boeing effort to promote the deal. The Air Force is "desperately looking for the rationale for why the USAF should pursue the 767 Tanker now, " wrote a Boeing executive in a September, 2002 email included in the packet of documents.

Investment Banking Services The deal comes at a time when Boeing is under pressure from European rival Airbus SAS who had secured a commitment from Air Europa to buy ten A350s worth about $2 billion at list prices.

Bank Investment Airbus' A350 is a direct competitor to Boeing's new 7E7, which is scheduled to enter service in 2008.Tuesday's order for the three 737-800s is worth $195 million.

Alternative Investment Boeing said the planes are scheduled to be delivered beginning in January 2006.Air Europa, a division of Globalia Corp., already operates 25 737-800s and plans to receive two more in early 2005 from a previous order.Last week Boeing said Japan Airlines was interested in ordering up to 50 of its new 7E7s. The airline had placed an order for 30 of the fuel-efficient 7E7 Dreamliners and is holding an option for 30 more.Advertisement

Online Investment Services Investors took the news of Air Europa's order in stride with shares of Boeing off 2 cents at $53.13 at 2:54pm ET Tuesday.

Accompany Essential Investment In other news, Boeing said the Aeronautical Systems Center at Wright-Patterson Air Force Base has awarded a contract to Boeing Co. to develop a global positioning system for in-flight fueling of aircraft.The contract is valued at $14.9 million, according to the U.S. Defense Department.

Investment Company Boeing said it will design and implement the positioning system for aerial refueling and ready it for flight testing. The work is to be completed by February 2008.AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

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