- The agreement increases Boeing ownership to a majority position in the joint venture with China's Aviation Industry Corporation I (AVIC I) holding the remaining minority stake.
- Concurrently, the existing supply and material procurement agreements among BHA, Hexcel and Boeing are affirmed and reflect continued long-term work commitments by Boeing that will ensure Hexcel assembly of BHA components for Boeing as well as the supply of Hexcel materials to BHA.

Other headlines for [HXL]

• SPR 11/5/2008 07:04am
  Spirit Aerosystems Holdings Shares of SPR, TGI, HXL, PCP cut to neutral from buy at UBS; TDG raised to buy from neutral
  
• 11/4/2008 02:00pm
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• BA 11/4/2008 01:59pm
  Boeing Co The 787's first flight will not take place in Q4, no timeframe yet decided upon- As of July Boeing said first flight would be in Q4. This prediction was made before the mechanics strike.
  
• HXL 11/3/2008 07:37am
  Hexcel Corp KeyBanc Initiates HXL with Buy, price target: $20
  
• BA 10/27/2008 09:03pm
  Boeing Co Machinists reach Tentative Deal with Boeing- The International Association of Machinists and Aerospace Workers (IAM) announced today that it reached a tentative agreement with the Boeing Company on a more...
  

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