ADVFN - Advanced Financial Network.
HOME» NYSE » B » BA Stock Price » BA Stock News

Boeing Share News

 Boeing Co. (the) Stock Price
BA Stock Price
 Boeing Co. (the) Stock Chart
BA Stock Chart
 Boeing Co. (the) Stock News
BA Stock News
 Boeing Co. (the) Company Information
BA Company Information
 Boeing Co. (the) Stock Trades
BA Stock Trades

Indonesia's Lion Air to Buy Boeing 787s for New Premium Unit

By Doug Cameron Boeing Co. (BA) said Friday that Indonesia's Lion Air had committed to acquire 787 Dreamliner aircraft for a new full-service airline unit, just as rivals focus on establishing separate no-frills operations. Lion Air is already one of Boeing's largest customers and has ordered hundreds of its new-generation 737 single-aisle planes for domestic and regional operations. The fast-growing carrier plans to establish a new unit called Batik Air that would use twin-aisle 787s alongside the smaller 737s earmarked for flights to other parts of Asia and Australia. Boeing didn't detail how many Dreamliners Lion Air planned to order for the new unit, though recent industry speculation said the companies were discussing a deal involving 10 of the fuel-efficient aircraft. Closely held Lion Air wasn't immediately available for comment. Local media reports said the carrier aimed to launch Batik Air in 2013. Though Boeing has a huge backlog for its 787, Lion Air's orders may provide it with leverage to gain early delivery spots. However, it is likely the carrier would have to wait several years before securing Dreamliners to launch longer-haul routes to Europe and North America in competition with Garuda Indonesia (GIAA.JK), the country's flag carrier. -Write to Doug Cameron at doug.cameron@dowjones.com.

Stock News for Boeing (BA)
DateTimeHeadline
07/06/201409:44:30Malaysia Still in Talks With Australia, China on Paying for Flight...
07/04/201410:20:08Airbus Deliveries Rise but Trail Boeing
07/03/201409:42:43U.S. Plans to Sell Missiles to India for its Submarines
06/24/201418:58:21NTSB Faults Crew in July 2013 Asiana Airlines Crash -- 2nd Update
06/24/201407:55:52Malaysia Airlines Flight 370: New Search Zone to Be Unveiled...
06/24/201405:50:08Thomas Cook to Rent Airbus Military Refueling Plane
06/22/201421:06:39Rep. McCarthy Doesn't Support U.S. Export-Import Bank--2nd Update
06/22/201414:27:37Rep. McCarthy Doesn't Support U.S. Export-Import Bank--Update
06/22/201411:55:19McCarthy Won't Reauthorize Export-Import Bank Charter
06/18/201411:54:45United Launch CEO Confident on Russian Engine Deliveries
06/18/201408:20:48Flight 370 Disappearance, Kidnappings Hurt Malaysian Tourism
06/18/201403:28:09Malaysia Airlines Flight 370: New Search Zone to Be Decided by...
06/16/201416:57:10Boeing's 787-9 Dreamliner Approved by U.S., European Regulators...
06/16/201411:10:17Boeing's 787-9 Dreamliner Approved
06/16/201411:00:37Boeing's 787-9 Dreamliner Approved by U.S., European Regulators
06/16/201408:32:38Airbus, Safran to Combine Space-Launcher Activities -- Update
06/14/201413:02:43Malaysia Airlines Presses Ahead on Plan for New Jets
06/12/201408:17:10Malaysia Airlines Flight 370 Families to Get $50,000 Each
06/11/201416:50:17Iraq Requests Accelerated Shipment of U.S. Arms to Counter Militants
06/11/201402:40:09Emirates Cancels Airbus A350 Order

Boeing and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad