Standard & Poor’s said Friday it remains concerned about the potential for more order cancellations and deferrals at Boeing Co. that could force the airplane maker to scale back production of models other than its new 787 next year.
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Boeing said on Thursday its 787 Dreamliner would finally make its first flight by the end of this year, with initial delivery expected in the fourth quarter of 2010.

Shares of the Chicago-based company rose to a five-month high as the statement helped answer questions that have surrounded the lighter, more fuel-efficient 787 aircraft, said Alex Hamilton, an analyst with Jesup & Lamont Securities. (continue reading…)

Ryanair has opened talks with Boeing and Airbus about ordering up to 300 more aircraft in a deal that would make the low-budget carrier more than double the size of British Airways.

Ryanair has fared better than most airlines in the recession and has managed to expand its business as passengers shun BA. The low-cost carrier aims to take 100 million customers by 2012 – three times the number flown by BA last year. (continue reading…)

As Airbus steps up its evaluation of new technologies to refresh the A320 family with new winglet flight trials, speculation is growing that Boeing is secretly working on a mid-life update for the 737.
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Continental Airlines has completed the first test flight of a two-engine commercial aircraft powered by a sustainable biofuel last week at Houston’s Bush Intercontinental Airport.
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Qatar Airways, which has 60 Boeing Co. 787 Dreamliners on order, is seeking compensation from the U.S.based planemaker for the delay in the delivery of the aircraft that has hit the carrier’s aggressive expansion plans, a senior company official said Sunday. (continue reading…)

After posting record sales in 2007, the Boeing Co. saw its order book decline roughly 50 percent last year as demand for aircraft cooled. (continue reading…)

Boeing Co., hurt by a two-month strike, posted a 15 percent decline in deliveries last year and lost its lead in orders to Airbus SAS, the only larger commercial-plane maker.
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