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China Airlines ordered nearly $12 billion worth of Boeing and Airbus widebody aircraft. The deal is worth about $7.4 billion to Boeing, with China Airlines as its newest 777X customer.
The China-based airline maker has been working for well over a decade to build a challenger commercial aircraft that can shake up Boeing and Airbus’s stronghold.
(Bloomberg) -- The long-awaited trade agreement between the U.S. and China may pave the way for Boeing Co. to resume sales to the world’s second-largest aviation market, but the American giant ...
In November 2022, Quizlet announced a new CEO, Lex Bayer, the former CEO of Starship Technologies. [23] In March 2023, Quizlet started to incorporate AI features with the release "Q-Chat", a virtual AI tutor powered by OpenAI's ChatGPT API. [24] [25] [26] Quizlet launched four additional AI powered features in August 2023 to assist with student ...
The $8.7bn over 40 years incentive to Boeing to manufacture the 777X in the state includes $4.2bn from a 40% reduction in business taxes, £3.5bn in tax credits for the firm, a $562m tax credit on property and buildings belonging to Boeing, a $242m sales tax exemption for buying computers and $8m to train 1000 workers, [161] Airbus alleges this ...
Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue [6] and is the largest exporter in the United States by dollar value. [7] Boeing was founded by William E. Boeing in Seattle, Washington, on July 15, 1916. [8]
Greater regulatory scrutiny on Boeing's production process following the mid-air blowout of a door plug on a Boeing 737 MAX 9 plane in January will also mean fewer Boeing planes on the market.
"We need more competition in the aerospace business," United Airlines CEO Scott Kirby said on the Air Show Podcast, according to aviation outlet The Air Current. Kirby said his airline wasn't ...