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Jun. 12, 2014, 8:17 AM
- Boeing (BA) has inked a deal with Japan Aircraft Industries and Japan Aircraft Development Corporation, for the latter to supply approximately 21% of the major airplane structure components for the all new 777X.
- Japan Aircraft Industries is a consortium of 5 partners: Mitsubishi Heavy Industries (MHVYF), Kawasaki Heavy Industries (KWHIF), Fuji Heavy Industries (FUJHF), ShinMaywa Industries and the NIPPI Corporation.
- Boeing already has 260 orders for the jets, and the 777X is set for delivery by 2020.
Apr. 28, 2014, 8:56 AM
- Norwegian Air (NWARF) has suspended negotiations to acquire 20 Boeing (BA) 787-9 jets, due to a delay in obtaining approval from the U.S. Department of Transportation for the carrier's long-haul plans.
- Norwegian Air has been flying to the U.S. and Asia using a Norwegian license, but the operator wants to use an Irish license for U.S. routes, as this would allow it to take advantage of the open skies agreement between the U.S. and EU. Unions and competing airlines are unsurprisingly opposed.
- Meanwhile, Boeing has asked Japanese firms to build one fifth of the plane maker's next-generation 777X, Reuters reports, with suppliers including Mitsubishi Heavy Industries (MHVYF) and Kawasaki Heavy Industries (KWHIF). Japanese companies already build 21% of the existing 777 models.
Jan. 12, 2012, 7:25 PMJapanese stocks trade higher in early going on the back of U.S. gains overnight and successful bond auctions in Europe. The Nikkei Average gains 1% to 8,472, with auto and financial stocks leading gainers: Toyota (TM +1.7%), Honda (HMC +0.4%), Kawasaki Heavy (KWHIY.PK +2.1%) and Suzuki (SZKMY.PK +2%), Nomura (NMR +1.2%) and Daiwa (DWA +0.8%). | Comment!
Dec. 27, 2011, 2:04 AMJapan will ease some restrictions on weapons exports and allow them for international projects, following up on a proposal made last year. The move stands to benefit suppliers in the civilian aerospace industry such as Mitsubishi Heavy Industries (MHVYF.PK), Toray Industries (TRYIY.PK) and Kawasaki Heavy Industries (KWHIY.PK). | 1 Comment
Oct. 12, 2011, 8:36 PM
KWHIY vs. ETF Alternatives
Kawasaki Heavy Industries is engaged in the manufacture and sale of heavy machinery. Co.'s primary products includes LNG/LPG/Bulk carriers, tankers, and container ships; electric/diesel locomotives and electric train cars; airplanes, patrol aircraft, helicopters, and rocket launch complexes; gas... More
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