Latest news with #787Dreamliners
Business Insider
17 hours ago
- Business
- Business Insider
'A Transformative Step for Gulf Air' Means Another Big Sale for Boeing (NYSE:BA)
While aerospace stock Boeing (BA) has faced more than its share of troubles in production of late, the same cannot be said for its sales arm. Not even slightly; sales have been brisker than a November morning in New Jersey, and a brand new sale recently emerged to drive the point home. Boeing sold several billion dollars' worth of 787 Dreamliners to Gulf Air, but shareholders were oddly less than pleased. In fact, shares were down modestly in Friday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Boeing sold 12 of the 787s to Gulf Air, as it looks to make a wider push into global operations. The new sale increased Gulf Air's order with Boeing to 14, according to a joint statement from Boeing and Gulf Air. Gulf Air Group chairman Khalid Taqi, meanwhile, noted that the move was '…a transformative step in Gulf Air's strategic growth journey as we expand our global footprint and modernize our fleet with one of the industry's most advanced and efficient aircraft.' Gulf Air turned to the 787 Dreamliner for its capabilities in long-haul operations, as well as its overall passenger appeal and its '…contribution to our sustainability goals,' Taqi noted. Regardless of the motivation, it's another sale worth billions into Boeing's coffers, as long as it can actually fill the order at some point. Four Little Words Meanwhile, reports emerged that had four words to say about the Boeing X-32, a prototype stealth fighter. While the words would not ordinarily be good ones, in this case, they will be. Those words? 'Head to the museum.' The X-32 originally lost out to the X-35, which later became the F-35. One of the biggest causes of Boeing's loss in this case was that the X-32 had issues with its vertical/short takeoff-and-landing (V/STOL) design, reports noted. In a move that will prove welcome for aviation history buffs, the two X-32s produced—which are still apparently airworthy—have been preserved at the National Museum of the United States Air Force. That institution is found at Wright-Patterson Air Force Base near Dayton, Ohio. Interestingly, the museum also houses another early stealth technology demonstrator craft, the YF-118G Bird of Prey. Is Boeing a Good Stock to Buy Right Now? Turning to Wall Street, analysts have a Strong Buy consensus rating on BA stock based on 17 Buys, two Holds and one Sell assigned in the past three months, as indicated by the graphic below. After a 28.57% rally in its share price over the past year, the average BA price target of $240 per share implies 4.83% upside potential.
New Straits Times
19 hours ago
- Business
- New Straits Times
Gulf Air orders 12 Boeing 787 Dreamliners
SAN FRANCISCO, United States: US aviation giant Boeing on Thursday signed a contract worth billions of dollars to sell 12 787 Dreamliners, with options for six more, to Gulf Air, as the Bahrain-based carrier looks to expand its global network. The order comes one month after an Air India Boeing 787 crashed shortly after take-off, killing a total of 260 people on the plane and on the ground. "Once finalised, this order will bring the carrier's firm order book to 14 of the versatile wide-body jets and will support 30,000 jobs across the US," the companies said in a joint statement. The official Bahrain News Agency said the kingdom's national carrier had signed a US$4.6 billion agreement for 18 Boeing 787 Dreamliners. The US Commerce Department put the value of the 18 planes at US$7 billion. The deal "marks a transformative step in Gulf Air's strategic growth journey as we expand our global footprint and modernise our fleet with one of the industry's most advanced and efficient aircraft," said Gulf Air Group chairman Khalid Taqi. "The Boeing 787 Dreamliner has proven to be an exceptional aircraft for our long-haul operations, and this new order reflects our confidence in its performance, passenger appeal and contribution to our sustainability goals." Boeing delivered 150 commercial aircraft in the second quarter, its highest number of deliveries in that quarter since 2018. That was just before two 737 MAX crashes in October 2018 and March 2019 – which killed 346 people – plunged the company into crisis. The Air India jet bound for London crashed in the Indian city of Ahmedabad on June 12. A preliminary investigation report revealed that fuel control switches were switched off shortly after take-off. Boeing has not been asked to take any action as the probe continues. US President Donald Trump on Tuesday announced a trade pact with Indonesia that limits tariffs on Indonesian products at 19 per cent, and said the deal features a pledge from the country to buy 50 Boeing jets, "many of them 777s."
NDTV
21 hours ago
- Business
- NDTV
Gulf Air Orders 12 New Boeing And 787 Dreamliners
US aviation giant Boeing on Thursday signed a contract worth billions of dollars to sell 12 787 Dreamliners, with options for six more, to Gulf Air, as the Bahrain-based carrier looks to expand its global network. The order comes one month after an Air India Boeing 787 crashed shortly after takeoff, killing a total of 260 people on the plane and on the ground. "Once finalised, this order will bring the carrier's firm order book to 14 of the versatile wide-body jets and will support 30,000 jobs across the US," the companies said in a joint statement. The official Bahrain News Agency said the kingdom's national carrier had signed a $4.6 billion agreement for 18 Boeing 787 Dreamliners. The US Commerce Department put the value of the 18 planes at $7 billion. The deal "marks a transformative step in Gulf Air's strategic growth journey as we expand our global footprint and modernise our fleet with one of the industry's most advanced and efficient aircraft," said Gulf Air Group chairman Khalid Taqi. "The Boeing 787 Dreamliner has proven to be an exceptional aircraft for our long-haul operations, and this new order reflects our confidence in its performance, passenger appeal and contribution to our sustainability goals." Boeing delivered 150 commercial aircraft in the second quarter, its highest number of deliveries in that quarter since 2018. That was just before two 737 MAX crashes in October 2018 and March 2019 -- which killed 346 people -- plunged the company into crisis. The Air India jet bound for London crashed in the Indian city of Ahmedabad on June 12. A preliminary investigation report revealed that the fuel control switches were switched off shortly after takeoff. Boeing has not been asked to take any action as the probe continues. US President Donald Trump on Tuesday announced a trade pact with Indonesia that limits tariffs on Indonesian products at 19 percent, and said the deal features a pledge from the country to buy 50 Boeing jets, "many of them 777s." (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Daily Mirror
5 days ago
- Daily Mirror
TUI air hostess shares little-known rest space used by crew on long haul flights
While passengers typically sleep in their seats on long-haul flights, few know where the cabin crew rest - but a TUI flight attendant has offered a rare behind-the-scenes look A TUI air hostess has lifted the curtain on a little-known aspect of aviation by showing where cabin crew staff sleep on long haul flights. Experienced travellers will be well-versed in the hierarchy of airline seating from economy to first class, with the latter two offering flat-bed luxury. However, for some passengers it's a mystery as to where the flight attendants rest during these lengthy journeys. Charlie Silver, an air hostess with TUI, took to TikTok to give a glimpse into the resting place for staff onboard planes. In her video, she walks through a hidden door near the galley and climbs a ladder to a snug sleeping area above the main cabin. She reveals: "This is our crew bunks and we have six of these little beds located on our 787 Dreamliners." She goes onto describe how each crew member receives a 'bunk kit' for their break, complete with a pillowcase, mattress topper, and blanket. Charlie admits that making up these compact beds isn't straightforward due to the cramped conditions. The flight attendant shared: "Some crew can't sleep up here but even if you're not going to sleep sometimes it's just a nice little escape from everyone. "I, personally, can sleep and I think it's just the sound of the plane that just soothes me." Ensuring her safety, she always fastens her seatbelt over the blanket in case of any unexpected turbulence. The bunks also usually come with reading lights for convenience. Charlie further revealed that these snug spaces are where crew members can "have a little nap at 40,000 feet somewhere across the Atlantic". After take-off, rest periods are scheduled and rotated among the crew to ensure everyone gets a chance to recharge. As per Cabin Crew Wings, on flights ranging from 8 to 12 hours, staff might be allocated an hour or two for their rest break. On ultra-long-haul flights (those exceeding 12 hours), they are often given up to four hours to rejuvenate and be ready to help passengers. Cabin Crew 24 reveals that passengers "rarely know about these spaces as they are often hidden from view". Despite being compact, these compartments provide enough comfort for crew members during their breaks. They come equipped with essentials like privacy curtains and ventilation systems. The website also emphasises that rest for cabin crew is a "critical part of ensuring the safety and efficiency of the flight". This is because the onboard staff have numerous responsibilities, including handling emergencies and providing customer service. Charlie's TikTok video, offering a peek into where TUI cabin crew members catch some shut-eye, has garnered more than 30,000 likes and nearly 200 comments. One person remarked: "I'd pay good money to have one of these instead of a normal seat." Another chimed in: "Gosh I'd feel very claustrophobic." A third expressed their astonishment, saying: "Why have I travelled long haul millions of times with TUI and never knew about these." Meanwhile, a fourth commented: "Been on a TUI 787 many times, where on Earth is this located on the plane?!?!" To which Charlie responded: "At the back most people think it's a toilet!"
Yahoo
09-07-2025
- Business
- Yahoo
Boeing's Big Bounce: Chinese Orders Return, Deliveries Surge Past Wall Street Expectations
Boeing (NYSE:BA) just posted a major comeback signaldelivering 60 planes in June, up 27% year-over-year, and for the first time in months, Chinese customers are back on the list. That includes five 737 MAX jets, part of a long-awaited thaw in trade tensions. Beijing had put a freeze on Boeing deliveries in April during a tariff flare-up, but lifted the restriction in May. That decision is already moving the needle. For a company still digging out of years of production setbacks and debt pressure, every delivery countsand Wall Street knows it. Warning! GuruFocus has detected 6 Warning Signs with BA. The monthly delivery breakdown paints a picture of Boeing regaining altitude: 42 of the bestselling 737 MAXs, nine 787 Dreamliners, and a handful of 767s and 777 freightersincluding KC-46 tankers headed to defense. Southwest led the pack, taking 10 MAX jets. Boeing also locked in 116 gross new orders for June, with British Airways booking 32 Dreamliners and Alaska Airlines adding 12 MAXs. Through the first half of 2025, total deliveries hit 280, led by 206 MAX jets. Notably, Singapore Airlines did cancel three MAX orders, and June's tally was down from May, one of Boeing's strongest order months on record. Rival Airbus (EADSF) kept a narrow edge, delivering 63 aircraft in June. But Boeing's ability to restart Chinese deliveries and rack up 62 new 787 orders suggests the tide may be shifting. Widebody orderstraditionally Boeing's strongholdshowed fresh traction, possibly signaling stronger international demand recovery. With 625 net orders so far this year, Boeing still has ground to cover, but this latest data could be a meaningful step toward restoring investor confidence. This article first appeared on GuruFocus.
