Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

4/23/2014 (2 years ago)

Catholic Online (www.catholic.org)

Fifty Boeing 737 aircraft ordered up by world's fastest growing nation

China is a nation on the move, literally. Wishing to spread its growing industrial superiority worldwide, China's Shandong Airlines has said that it has placed an order for 50 Boeing 737 aircraft, worth $4.6 billion at list prices.

Boeing is already bogged down with 400 orders for the C919, mostly from China, many analysts expect it to win more orders, especially from domestic carriers.

Boeing is already bogged down with 400 orders for the C919, mostly from China, many analysts expect it to win more orders, especially from domestic carriers.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

4/23/2014 (2 years ago)

Published in Asia Pacific

Keywords: Boeing 737, China, Yuan


LOS ANGELES, CA (Catholic Online) - Chinese carriers for some time have been looking to increase their fleets to cater for a growing domestic demand for air travel. Boeing told the media that it had received an order from the airline -- but refused to confirm the number of planes.

The order is awaiting approval by the Chinese government.

Check out our fine selection of Bibles -- by going here!

"Boeing is delighted with Shandong Airlines' strong interest in the efficient 737 airplane and we continue to work with them and the Chinese government to determine the best way to meet their requirement," the company said in a statement.

A growing number of airlines are looking to purchase fuel-efficient aircraft, triggering competition among plane makers.

The 737 typically has 100 to 200 seats, is a narrow-body, or single-aisle aircraft. The market is forecast to generate $20 trillion worth of sales for plane makers over the next 20 years.

The sector is currently dominated by Airbus's A320 and Boeing's 737 aircraft. If approved, the order from China will be a big win for Boeing which is not only competing with Airbus but also likely to face competition from China's state-owned Commercial Aircraft Corporation of China, or Comac.

Comac is also targeting the 100-200 seat plane market with its C919 aircraft.

Boeing is already bogged down with 400 orders for the C919, mostly from China, many analysts expect it to win more orders, especially from domestic carriers.

Rival Chinese airline Air China warned that first quarter profits will be up to 65 percent lower compared with last year as a result of the fall in the Yuan's value.

Funding much of its aircraft purchases in U.S. dollars, the state-owned airline, which reported a net profit of 249 million Yuan in the first quarter of 2013.

Rival China Southern Airlines warned on profits for the same reason last week.

The Yuan fell by 2.7 percent against the US dollar in the first quarter of the year.

---


Pope Francis: end world hunger through 'Prayer and Action'


Copyright 2016 - Distributed by THE CALIFORNIA NETWORK

Pope Francis Prayer Intentions for NOVEMBER 2016
Universal:
Countries Receiving Refugees: That the countries which take in a great number of displaced persons and refugees may find support for their efforts which show solidarity.
Evangelization: Collaboration of Priests and Laity: That within parishes, priests and lay people may collaborate in service to the community without giving in to the temptation of discouragement.



Comments


More Asia Pacific

'The priests and nuns will speak out' - Philippine president threatens humanitarian groups with death Watch

Image of Duterte threatened to kill human rights campaigners if they stand in his way (Reuters).

By Kenya Sinclair (CALIFORNIA NETWORK)

Philippine President Rodrigo Duterte threatened to kill human rights activists for interfering with the bloody war on drugs. LOS ANGELES, CA (Catholic Online) - Duterte warned human rights campaigners on Monday after talking up his controversial war on drugs and ... continue reading


Philippine capital may suspend Mass for fear of terror attacks Watch

Image of The Catholic church struggles in the Philippines.

By (CNA/EWTN News)

An uptick in terrorist activity may cause Masses and other liturgical celebrations to be suspended in the capital city of Manila, Philippines, the country's bishop's conference has announced. Manila, Philippines (CNA/EWTN News) - "The church, for practical purposes, ... continue reading


Gillian Anderson joins fight against human trafficking after accepting role in new film 'Sold' Watch

Image of Gillian Anderson plays a photographer who brings to light human trafficking.

By Kenya Sinclair (CALIFORNIA NETWORK)

Gillian Anderson, best known for her role as Special Agent Dana Scully in the FOX hit series "The X-Files," admitted she was shocked to learn the truth about human trafficking. LOS ANGELES, CA (Catholic Online) - Anderson was approached to play a photographer in the ... continue reading


Philippine president vows to cast aside human rights if ISIS dares to attack his people Watch

Image of ISIS in the Philippines.

By Kenya Sinclair (CALIFORNIA NETWORK)

Philippines President Rodrigo Duterte released a statement concerning "looming terrorism" and vowed to protect his citizens by any means possible. LOS ANGELES, CA (Catholic Online) - "Once the terrorists of the Middle East are deprived of the land area, the real estate ... continue reading


Join us in prayer for New Zealand - Massive earthquake and devastating tsunami affects millions Watch

Image of New Zealand suffers serious damage (Richard Bicknell/Twitter).

By Kenya Sinclair (CALIFORNIA NETWORK)

New Zealand's South Island has been hit by a 7.8-magnitude earthquake, which triggered a tsunami and hints toward more to come. LOS ANGELES, CA (Catholic Online) - According to the <a href="http://earthquake.usgs.gov/earthquakes/eventpage/us1000778i#executive">US ... continue reading


'Aunt with a gun' disperses justice for women in rural India Watch

Image of Shahana Begum protects women with her shotgun and as a result, violence against women has dropped dramatically.

By Marshall Connolly (CALIFORNIA NETWORK)

My gun is now my second husband, Ms. Shahana Begum told reporters. This Indian woman has taken on rapists in her native village, forcing many to marry their victims and others to confess to police. LOS ANGELES, CA (California Network) - Shahana Begum, 42, patrols her ... continue reading


'They talk as if we are still the colonies,' President Duterte congratulates Trump, wants to end quarrel Watch

Image of President Duterte has congratulated President Elect Donald Trump.

By David Drudge (CALIFORNIA NETWORK)

President Rodrigo Duterte has congratulated President Elect Donald Trump on his win. The Philippine president has said he hopes to improve relations with America. LOS ANGELES, CA (California Network) - Philippine President Rodrigo Duterte has congratulated Donald Trump ... continue reading


'I'm ready' - Man born with FOUR LEGS takes to internet for help Watch

Image of Arun Kumar has two extra legs that remain paralyzed (Discovery/Barcroft Productions).

By Kenya Sinclair (CALIFORNIA NETWORK)

Twenty-two-year-old Arun Kumar was born with four, equally long legs in Uttar Pradesh, India. LOS ANGELES, CA (Catholic Online) - One of the extra legs, which extend from his lower back, failed to grow as Kumar did and the other is permanently bent at the knee.Neither ... continue reading


What the! President Duterte promises God to stop swearing Watch

Image of President Duterte has promised to change his language.

By David Drudge (CALIFORNIA NETWORK)

God has spoken to Philippine President Rodrigo Duterte, no more swearing. The President made the announcement on Thursday while speaking to journalists, vowing to clean up his language. LOS ANGELES, CA (California Network) - President Duterte has been criticized ... continue reading


Attack backfires as Australian teens run over violent clown Watch

Image of A clown holding a wooden plank approaches teenagers... (Skoosa).

By Kenya Sinclair (CALIFORNIA NETWORK)

Clown sightings have become all too real in the United States, with clowns threatening people, hurting them and attempting to abduct them - but one clown met its match in Australia, where a group of teens taught it a lesson. LOS ANGELES, CA (Catholic Online) - In a ... continue reading


All Asia Pacific News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Subscribe to Catholic OnlineYouTube Channel

Daily Readings

Reading 1, Isaiah 30:19-21, 23-26
19 Yes, people of Zion living in Jerusalem, you will weep no more. He ... Read More

Psalm, Psalms 147:1-2, 3-4, 5-6
1 Alleluia! Praise Yahweh -- it is good to sing psalms to our God -- how ... Read More

Gospel, Matthew 9:35--10:1, 6-8
35 Jesus made a tour through all the towns and villages, teaching in ... Read More

Saint of the Day

Saint of the Day for December 3rd, 2016 Image

St. Francis Xavier
December 3: St. Francis Xavier was a Navarrese-Basque Roman ... Read More