Boeing raises base prices for commercial aircraft
Article Abstract:
The Boeing Company increased the base prices of its passenger jets by 5 percent. It is the first increase since 1975. The company said that orders negotiated after July 1, 1998 would reflect the price change. Boeing seeks to improve its long term financial performance with the price increase. Analysts questioned the impact of the price increase, because most of Boeing's customers pay steep discounts on the company's list prices. New revenues recieved won't be booked until 2000 because of the long lead time between ordering and delivering airplanes.
Comment:
Boeing increased base prices of its passenger jets by 5%
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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Boeing is still plodding despite being No. 1
Article Abstract:
Boeing has appeared to emerge a winner in the consolidation wars that have taken place in the US aerospace industry but has had a host of problems including deteriorating economic conditions in Asia and production line problems. Securities analysts are split on the attractiveness of Boeing stock with naysayers concerned about the company's management, the company's backlogged orders and future prospects.
Comment:
Securities analysts split on the attractiveness of Boeing stock
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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Boeing to cut production of 747 jumbo jets in 1999
Article Abstract:
Boeing Co. has indicated it will likely cut the production of its 747 jumbo jets in 1999 as a result of weakening demand from Asian airlines. Boeing had recently increased its 747 production rate to around 5 planes and the potential cutback had been widely expected. Boeing officials are still working to help eliminate production bottlenecks which have delayed the production.
Comment:
Likely to cut 747 production in 1999
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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Comment about this article or add new information about this topic:
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