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Exxon barred from Iraqi oil, gas auction
CHICAGO, April 29 (UPI) -- The 2010 and 2011 model 737-800 Boeing jets will be roomier, more fuel efficient and include mood lighting, the U.S. airplane maker said.
Extracting design improvements from the 787 Dreamliner, which is nearing its inaugural flight, Boeing said the newer 737-800 jets would include improved engine performance and reduced drag, gaining 2 percent in fuel efficiency by 2011, the Chicago Tribune reported Wednesday.
Earlier models -- those delivered in 2010 -- will have larger overhead luggage compartments, sculpted interior walls and mood lighting, Boeing said.
In part, Boeing is reacting to competition from Canada's Bombardier Inc., which is producing a comparable C-series aircraft.
Airlines are looking for better than 2 percent mileage improvements. However, aerospace analyst Paul Nisbet of JSA Research said Boeing was attempting to "keep a little bit ahead, if they can, of Airbus and the A320."
"This should keep things going until they have time to assess the C-series and whether that's going to change anything," he said.
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BAGHDAD, Feb. 14 (UPI) --
U.S. supermajor Exxon Mobil won't be able to take part in an oil and natural gas licensing auction scheduled for May in Iraq, a spokesman said.
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ARLINGTON, Va., Feb. 14 (UPI) --
The proposed U.S. budget, with its envisaged $487 billion defense spending cuts over 10 years, is seen as a "direct hit" on the aerospace and defense industry.
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Compared to whites, greater shares of both black and Hispanic young adults say owning their own home is among their top priorities. While 25 percent of blacks and 26 percent of Hispanics say owning a home is of the highest importance in their lives,...
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President Barack Obama has revealed a budget that, once again, will give the Republican party a chance to show that vitriol is more fun than compromise.
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