Tuesday, June 8, 2010

Boeing working on 777 and 787 deals

Reuters - Boeing (BA.N) is working on deals to sell 777 and 787 long-haul aircraft to a number of airlines but does not see a decisive rebound in wide-body demand until 2012, the head of its passenger jet business said on Monday.
The comments come amid industry talk of a resurgence in demand from Gulf-based carriers and a sudden increase in optimism from airlines industry group IATA, which now sees airlines bouncing back to an overall profit in 2010. "I hope IATA is right but I am not quite as optimistic," Jim Albaugh, chief executive of Boeing Commercial Airplanes, told Reuters in an interview. "I continue to see airlines returning to profitability in......

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