Boeing reports $2.4 billion net loss, postpones 777X to 2022
Boeing reported a $2.4 billion loss for the second quarter of 2020. The manufacturer announced it would slow…
Boeing
1973 articles
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 confirms that production of 747 will end in 2022
Rumors about the end of production of the Boeing 747 were put to bed, as Boeing officially confirmed…
US COVID relief act includes $1.4B for F-35 fighter jets
The new $1 trillion COVID-19 aid bill introduced by United States’ lawmakers contains funding for new F-35 fighter…
Reckless pilot flies with one engine, ignores regulations
Czech Air Accidents Investigation institute (or UZPLN) released a final report revealing that the pilot in command of…
How Ryanair became a formidable force in European aviation
Possibly, there is no such polarizing airline in the world as Ryanair. A love-hate relationship between the airline…
Airbus aims to end subsidy tariff row at crucial time
In a chess game over tariff disputes in the aerospace sector in Europe and the United States, Airbus…
Glimpse of hope for cargo operators: second-hand aircraft market?
The cargo side of aviation has had a very wild ride throughout the past few years, as demand…
Boeing, Etihad Airways to test new tech on 787 Dreamliner
Etihad Airways expects receiving another Boeing 787 aircraft in autumn 2020 ‒ in addition to the 38 it…
US Air Force retires KC-10 Extender, making way for Boeing KC-46
A first McDonnell-Douglas KC-10A Extender was flown to the Davis Monthan storage facility in Arizona. The U.S. Air…
First Japanese V-22 Osprey deployed amidst controversy
Japan becomes the first foreign operator of the U.S.-made tiltrotor aircraft, a move anticipated for almost a decade,…
U.S. Air Force orders eight pre-production Boeing F-15EX fighters
The U.S. Air Force officially signed the first order for eight Boeing F-15EX Advanced Eagle fighter jets on…
From blessing in disguise to another headache: Boeing 737 MAX
Throughout the past year or so, no other combination of words dominated the headlines like the Boeing 737…
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Avolon cancels another 27 Boeing 737 MAX
After the cancellation of 75 Boeing 737 MAX orders in April 2020, the Irish-based lessor Avolon reduced its…
End of her majesty: is this the end of the Boeing 747 production?
This article was originally published on AeroTime News on April 15, 2020.Ever since the dawn of the jet age…
Ryanair anticipates first Boeing 737 MAX in November 2020
With Boeing and the Federal Aviation Administration (FAA) completing certification flights of the Boeing 737 MAX aircraft on…
Norwegian cancels all remaining Boeing orders
Norwegian Air Shuttle announced it would cancel its pending order for 92 Boeing 737 MAX and 5 Boeing…
Boeing successfully finishes first day of 737 MAX test flights
Boeing and the Federal Aviation Administration (FAA) completed the first day of certification flights, as the process of…