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Japan's government stepped in to give Boeing's now-grounded 787 Dreamliner and its made-in-Japan technology a boost in 2008 by easing safety regulations, fast-tracking the rollout of the groundbreaking jet for Japan's biggest airlines, according to records and participants in the process.
Fabrice Brégier, CEO of Airbus, tells CNBC that everyone should know that air transportation is the safest in the world and that Boeing's grounded 787 planes were not a danger to passengers.
Siva Govindasamy, Asia Managing Editor, Flightglobal explains why the battery malfunction is a serious issue. He also discusses the impact of the Dreamliner's woes on the Boeing-Airbus rivalry.
Decades of deep business ties between Boeing and Japan and the thousands of jobs that depend on them mean Japan will likely keep rewarding U.S. manufacturers with the bulk of its aviation spending.
Airbus COO John Leahy discusses Boeing's safety troubles on the day Airbus posted a 43 percent drop in 2012 orders.
CNBC's Phil LeBeau reports the latest details on growing concerns over Boeing's 787 Dreamliner. And, Michael Boyd, The Boyd Group, discusses how the FAA ruling might impact the aircraft maker.
Airlines scrambled on Thursday to rearrange flights as Europe, Japan and India joined the United States in grounding Boeing's 787 Dreamliner passenger jets while battery-related problems are investigated.
As major airlines around the world start grounding Boeing's Dreamliner passenger jets amid safety concerns, analysts tell CNBC they are confident the U.S. aircraft manufacturer will fix the 787's "teething issues," which arise each time new technology is introduced.
Jason Gursky, Senior Analyst, Aerospace & Defense, Citi Research is not worried about Boeing's 787 Dreamliner. He says it is customary for new aircrafts to have teething issues.
Japan's two leading airlines grounded their fleets of Boeing 787s on Wednesday after one of the Dreamliner passenger jets made an emergency landing, the latest in a series of incidents to heighten safety concerns over a plane many see as the future of commercial aviation.
Jonathan Galaviz , Managing Director & Chief Economist, Galaviz & Company believes Boeing's Dreamliner issues are systemic and warrants a halt to global operations, not just limited to Japan.
BOC Aviation, the aircraft leasing arm of Bank of China, has placed its largest ever order to buy 50 A320 family jets from Airbus at a list price of $5 billion.
Boeing faces new scrutiny over its 787 Dreamliner after a fire broke out on one of the new model passenger planes while it was parked at a gate at Boston's airport.
The South rises again in manufacturing.
Airbus and Boeing have clashed over the performance of their latest revamped models as the aerospace companies battle for market share by offering fuel savings to cash-starved airlines.
Delta is joining American and United in offering lie-flat seating in premium cabins on certain routes from New York's John F. Kennedy Airport. Get the details.
Willem Nabarro, Head of European Equities, Asia at Exane-BNP Paribas expects more QE from the ECB, including a possible plan to buy short-term corporate debt.
"There was certainly a more subdued feel to the airline business last week at the Farnborough airshow we saw about 500 units being ordered that was down from about 700 the year before at the Paris airshow and so it is getting more difficult for the airlines to find the cash to buy airliners," Douglas McNeill, transport analyst at Charles Stanley, told CNBC.
David Stewart, Vice President of ICF and Shashank Nigam, Founder and CEO of SimpliFlying discuss the progress of the top players, Boeing and Airbus, at the recent Farnborough Airshow and whether smaller players will get a chance to taste a slice of the $100 billion dollar aviation market.
Brendan Sobie, Chief Representative Southeast Asia at CAPA Centre for Aviation says that Boeing is closing in on the lead that Airbus had in the past year due to its Neo model.