WASHINGTON - Apple Inc's chief executive officer defended the company's tax record at a Tuesday Senate hearing where lawmakers said the maker of iPads, iPods and Mac computers kept billions of dollars in profits in Irish subsidiaries to avoid U.S. taxes. | Video
LONDON - From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.
Boeing, Transaero finalize Dreamliner deal
(Reuters) - Boeing Co(BA.N) said on Monday it has finalized a deal with Russia's Transaero Airlines for four 787-8 Dreamliners, worth $744 million at list prices.
Boeing's Dreamliner is a lightweight carbon-composite aircraft that was three years late to market but is popular with customers. The plane-maker, which competes for orders with EADS (EAD.PA) unit Airbus, has about 850 orders for the plane on its books.
Boeing last week said it delivered 137 commercial airplanes in the first quarter, up 32 percent from the same period a year earlier.
The company is increasing production on all of its commercial airplane models to meet increased demand. The company also is ramping up production on the 787 to 10 per month by the end of next year.
(Reporting By Kyle Peterson; Editing by Gerald E. McCormick)
- Tweet this
- Share this
- Digg this