Boeing proposes using stock to buyout Spirit AeroSystems as talks near end
As talks reportedly near their end, Boeing has proposed using mostly company stock to purchase supplier Spirit AeroSystems…
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
US prosecutors advise DOJ to bring criminal charges against Boeing: reports
Federal prosecutors in the United States (US) have recommended to the Department of Justice (DOJ) that criminal charges…
Boeing reallocates engineering staff to accelerate aircraft deliveries
Reports indicate that Boeing has reallocated its engineering staff to support ongoing commercial development programs and expedite aircraft…
Families of Boeing 737 MAX crash victims urge DOJ to issue $24B fine
Families of some of the victims that perished in two Boeing 737 MAX crashes in 2018 and 2019…
South Korea receives first batch of P-8A Poseidon maritime patrol aircraft
The first batch of P-8A Poseidon maritime patrol aircraft arrived at the Pohang Naval Air Command in South…
Boeing ‘broke promises to the world’ CEO told at highly charged Senate hearing
The CEO of Boeing, Dave Calhoun, appeared before senators at the Subcommittee on Investigations in Washington DC just…
New Boeing whistleblower claims released as CEO prepares to give testimony
Claims about worrying practices at Boeing have been released just hours before CEO Dave Calhoun is due to…
Boeing CEO search ongoing as talks with Spirit boss on hold and GE head declines
Boeing’s search to replace its CEO Dave Calhoun is ongoing as the field of potential candidates narrows, according…
FAA investigates the use of ‘counterfeit’ titanium in Boeing and Airbus jets
The Federal Aviation Administration (FAA) is investigating the use of counterfeit titanium parts in Boeing and Airbus jets…
Southwest Airlines Boeing 737 MAX struck by Dutch Roll, FAA and NTSB investigate
The Federal Aviation Administration (FAA) is investigating an incident in which a Southwest Airlines Boeing 737 MAX 8…
Boeing inspects undelivered 787s over incorrectly installed fasteners, FAA aware
Undelivered 787 Dreamliners are currently being inspected by Boeing at its South Carolina facility after the discovery that…
Boeing’s Starliner return to Earth delayed, new helium leaks discovered
NASA astronauts Barry Wilmore and Sunita Williams will spend a few more days aboard the International Space Station…
Saudia Group to expand further with new order for Airbus or Boeing widebodies
Saudia Group is currently in talks with both Boeing and Airbus over the possibility of placing an order…
Oregon Air National Guard receives first operational F-15EX Eagle II fighter jet
The first operational F-15EX Eagle II fighter jet landed at the Portland Air National Guard Base, Oregon, on…
First-ever crewed Boeing Starliner launches, new helium leaks cause concerns
The first-ever crewed Boeing Starliner has successfully launched into space. However, celebrations have been dampened by the discovery…
Turkish Airlines in talks with Boeing for up to 250 aircraft, 737 MAXs and 787s
The Turkish Airlines Chairman Ahmet Bolat has revealed at the International Air Travel Association’s (IATA) annual general meeting…
Diverted United Airlines flight met by specialist infectious diseases team
A United Airlines Boeing 787-10 Dreamliner was met by a specialist infectious diseases team at Dublin Airport (DUB)…
WestJet continues expansion with three additional Boeing 737 MAX 8 aircraft
Canada’s second largest airline WestJet has signed a lease agreement with BOC Aviation for three Boeing 737 MAX…