"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Monday, October 06, 2008

Boeing shares slide as deliveries fall

Boeing are trading US$49.76 down US$4.07 (7.56%)
During the third quarter, Boeing delivered only 84 planes, down from 109 in the year-ago quarter. The strike is affecting assembly of Boeing's new 787 Dreamliner — already a year behind schedule — along with 737s, 777s, 767s, and 747s.

Delta Air Lines (DAL), the USA's No. 3 carrier, was expecting this fall to receive four long-range Boeing 777s and 737-700s, for a total of 10 new jets this year. "All I can tell you is we are expecting some delay in our deliveries," Delta spokeswoman Betsy Talton said.

Last week, Ryanair canceled flights on 21 routes to and from Birmingham,UK, scheduled for this month because deliveries of Boeing 737s have been delayed.

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