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China's Aviation Market to Become World's First Trillon-Dollar Market by 2035

Sep 13, 2016 02:35 PM EDT

Asia is projected to become the largest hub for global aviation in the next 20 years, as it becomes the world's leading travel market. Now, Boeing's projects that China's aviation market would become the world's first trillion-dollar market in 20 years.

To keep Eye on China, India to Acquire four Maritime spy Planes from Boeing

Girish Shetti |

Jul 28, 2016 05:27 PM EDT

India on Wednesday signed a contract to acquire four maritime spy planes from US-based Boeing Co for about $1 billion, Reuters reported, citing inside sources.

Boeing Holds First Test Flight For 737 MAX Aircraft

China's Donghai Airlines to Purchase 30 Boeing Airplanes for $4 Billion

Charissa Echavez |

Jul 12, 2016 03:49 PM EDT

China's Donghai Airlines has announced that it plans to purchase 30 Boeing aircraft worth over $4 billion at list prices, the plane manufacturer said on Monday.

Boeing Boosts 20-Year Forecast for New Aircrafts Following Deal With China's Xiamen Airlines

Charissa Echavez |

Jul 12, 2016 03:11 PM EDT

American aircraft manufacturer Boeing boosted its 20-year forecast for the global aircraft market on Monday, as it announced its multi-billion dollar deal to sell aircrafts in China.

US Steps-up Work on DARPA XS-1 and X-37B Military Spaceplane Projects

Arthur Dominic Villasanta |

Jun 13, 2016 11:18 PM EDT

Another report claimed the X-37B might be a spy satellite or a "space bomber."

Dragon Wins; SpaceX Beats Boeing in New Space Race

Arthur Dominic Villasanta |

May 13, 2016 11:37 AM EDT

SpaceX has already achieved notable firsts in this space race against Boeing.

DARPA Robot Space Plane will replace the Space Shuttle

Arthur Dominic Villasanta |

May 10, 2016 03:19 AM EDT

It's being called a plane because it'll take-off land like a plane in every mission.

China Eastern Airlines to purchase 35 new aircraft from Boeing and Airbus.

China Eastern Airlines to Purchase 35 New Aircraft from Airbus, Boeing

Charissa Echavez |

Apr 29, 2016 07:13 AM EDT

China Eastern Airlines will divide its $10 billion worth of orders between Europe's Airbus and US' Boeing as the Asian airline dispatches old units and adds new long-haul flights, Bloomberg reported.

Boeing Co. plans to cut up to 8,000 jobs as plane sales battle toughens

Boeing to Cut 8,000 Commercial Plane Jobs to Remain Competitive, Sources Reveal

Charissa Echavez |

Mar 31, 2016 08:32 AM EDT

Boeing Co. is reportedly planning to slash up to 8,000 jobs in its commercial plane section, according to two sources, a move that could cut a $1 billion cost and help against its sales battle with Europe's Airbus.

Hainan Airlines posted 15.88 percent net profit increase last year.

Hainan Airlines' Net Profit Jumps 15.88 Percent in 2015

Charissa Echavez |

Mar 26, 2016 05:09 AM EDT

China's fourth biggest carrier reported on Thursday a 15.88 percent year-on-year net profit increase in 2015 amid a highly competitive airline industry.

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