Boeing’s 2024 final quarter and full-year results fall below expectations
Boeing has announced its financial results for both the final quarter (Q4) and the full year of 2024…
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Boeing
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Boeing is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the U.S.’s largest exporter by dollar value, and one of the largest employers in the United States.
Key Facts
- Type: Publicly traded company
- Industry: Aerospace, Defense
- Founded: July 15, 1916; 107 years ago in Seattle, Washington, USA
- Founders: William E. Boeing, George Conrad Westervelt
- Headquarters: Chicago, Illinois, USA (since 2001)
- Key People: Dave Calhoun (President and CEO), Brendan Nelson AO (Senior Vice President)
- Products: Commercial airplanes, military aircraft, rotorcraft, rockets, satellites, missiles, telecommunications equipment
- Services: Aircraft leasing, maintenance, training, data analytics
Revenue: US$77.79 billion (2023) - Number of employees: 170,688 (2023)
- Website: https://www.boeing.com
Ryanair lowers passenger forecasts for FY26 due to Boeing delivery delays
Low-cost carrier Ryanair has lowered its passenger forecasts, citing delays in Boeing aircraft deliveries as the reason it…
Boeing expects $4B loss in Q4 2024 due to strike and defense charges
Boeing has announced that it expects a $4 billion loss in the fourth quarter of 2024, due to…
Trump DOT secretary pick pledges to maintain Boeing 737 MAX production cap
The man nominated by President Donald Trump to head the US Department of Transportation (DOT) has pledged to…
Boeing invests in Norwegian synthetic SAF producer Norsk e-Fuel
Boeing has announced that it will be investing in Norwegian sustainable aviation fuel (SAF) firm Norsk e-Fuel, which…
Boeing restarts 777X test flights after five-month delay
Boeing has restarted 777X test flights after a five-month delay, resulting from the discovery of a problem with thrust…
Smart Skies: How IoT is transforming aircraft maintenance and operations
AeroTime is excited to welcome Christian Charalambous as a guest columnist. A pilot operating Boeing 767s on global…
Unusual Queens: Top 10 coolest special mission Boeing 747s
The Boeing 747 is an icon of the jet age, a giant aircraft that democratized air travel for…
Boeing delivers 180 fewer commercial aircraft in 2024 after torrid year
Boeing delivered 180 fewer commercial aircraft in 2024 than 2023 after a torrid year which began with a…
Akasa Air grounds hundreds of pilots while awaiting Boeing MAX deliveries
The Indian low-cost-carrier Akasa Air has grounded hundreds of pilots after the number of Boeing 737 MAX deliveries…
FAA says up to 574 Boeing 767 aircraft may require landing gear inspections
The Federal Aviation Administration (FAA) has announced that up to 574 Boeing 767 aircraft may require landing gear…
FAA head Mike Whitaker says ‘enhanced oversight’ of Boeing is ‘here to stay’
Almost a year since a door plug separated from an Alaska Airlines 737 MAX 9, the head of…
US investigators, Boeing officials join probe of Jeju Air crash site in Muan
A team of investigators from the US government and Boeing have arrived at the site of the Jeju…
AeroTime’s top commercial aviation news stories of 2024
As 2024 draws to a close, we reflect on a year that has been packed with aviation news.…
Pegasus Airlines orders 100 Boeing 737 MAX-10 jets, takes options for 100 more
Turkish budget carrier Pegasus Airlines has announced a huge order for 100 Boeing 737 Max-10 single-aisle aircraft and…
Boeing restarts full aircraft production following seven-week strike
Boeing has restarted production on all its aircraft programs that were paused for over a month following a…
Boeing invests $1B to boost 787 Dreamliner production, targets 10 jets per month
Boeing plans to invest $1 billion in infrastructure upgrades at the 787 Dreamliner production home in Charleston County,…
Boeing wins $450.5M contract for Japan’s F-15 Super Interceptor upgrades
Boeing has been awarded a $450.5 million contract by the US Air Force (USAF) to support the F-15…