Boeing pays Alaska Airlines $160M for lost profits following 737 MAX 9 grounding
Alaska Airlines has revealed in a SEC filing that Boeing paid the carrier $160 million for lost profits…
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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
Boeing 737 MAX production slows down as FAA step up factory audits: report
Production of Boeing 737 MAX aircraft has declined in recent weeks as the Federal Aviation Administration (FAA) steps…
New Boeing Chairman leads path to bring airline bosses back on board: reports
The new Boeing Chairman Steve Mollenkopf is reaching out to airline CEOs in an attempt to reaffirm relationships…
Japan Airlines flight lands in Doha, completes first-ever direct flight to Middle East
Japan Airlines has become the first Japanese carrier to operate a nonstop service to and from the Middle…
United Airlines offers pilots unpaid leave due to Boeing delivery setbacks
United Airlines is offering its pilots unpaid leave in response to a reduction in services due to Boeing…
Texas Attorney General probes Spirit AeroSystems over aircraft parts concerns
Texas Attorney General Ken Paxton has launched an investigation into Spirit AeroSystems, a key subcontractor for Boeing, following…
Boeing breaks ground on new production facility for Australia’s MQ-28 Ghost Bat
Boeing has announced plans to build a production facility in Toowoomba, Queensland, to manufacture the MQ-28 Ghost Bat…
Crestone Air Partners purchases Condor’s last 11 Boeing 757-300 aircraft
United States-based Crestone Air Partners has completed the purchase of Condor’s last 11 Boeing 757-300 aircraft. Crestone Air…
Boeing 737 damaged after aircraft hits pack of dogs on runway during takeoff
A Boliviana de Aviación pilot has been praised by the carrier for maintaining control of an aircraft after…
Ryanair CEO welcomes Boeing leadership reshuffle amid 737 MAX delivery delays
Michael O’Leary, the outspoken Chief Executive Officer of Ryanair, has issued a video message in which he welcomes…
Boeing CEO Dave Calhoun to step down later this year in seismic board shakeup
Boeing has announced that President and CEO Dave Calhoun will stand down at the end of 2024, in…
Airline bosses to meet with Boeing, FBI reaches out to Alaska 737-9 ‘victims’
As the aviation industry struggles to cope with repercussions of the Alaska Airlines 737 MAX 9 door plug…
Japan Airlines set to purchase 32 Airbus and 10 Boeing jets
Japan Airlines (JAL) has confirmed it will introduce 42 new aircraft which will be shared between both Airbus…
Japan Airlines’ potential widebody order could include Boeing and Airbus jets
Japan Airlines (JAL) is reportedly in the final stages of a potential order for long-haul widebody aircraft. According…
FAA chief says factory visit shows Boeing’s focus on production over safety
Federal Aviation Administration (FAA) chief Michael Whitaker has spoken of a recent visit to Boeing’s facilities in which…
United close to securing Airbus A321neos from lessors in wake of MAX 10 delays
United Airlines is close to securing multiple Airbus A321neos through aircraft lease agreements, Bloomberg News reports. According to…
Boeing CEO unable to tell NTSB exactly who reinstalled door plug on Alaska 737-9
The National Transportation Safety Board (NTSB) chair Jeniffer Homendy has said in a letter to the United States…
United tells Boeing to swap 737 MAX 10 build for MAX 9s; A321 talks confirmed
Boeing has been instructed by United Airlines to build more 737 MAX 9 aircraft for the carrier, rather…