Boeing needs more money, expects several thousand layoffs
As it faces the impact of the COVID-19 pandemic on air transport, Boeing is preparing to take additional…
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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 reportedly resumes 777X flight test campaign
As the production in its Washington State plants is restarting, Boeing reportedly scheduled a test flight for the…
Germany picks Boeing F-18 to replace aging Tornado fleet
Germany has officially confirmed to the United States that it would acquire 45 F / A-18 Super Hornets…
Boeing gradually resumes commercial aircraft production
Boeing will resume production of the 737, 747, 767, 777, and 787 in the state of Washington from…
Boeing demonstrates capacities of latest F-15 variant [Video]
The Boeing F-15QA, to be delivered to Qatar in 2021, made its first flight in the skies of…
KLM un-retires its Boeing 747s to transport cargo from China
Having operated Boeing 747s for almost 50 years, the Queen was always a crucial part of KLM Royal…
On this day: first Boeing 737 achieves maiden flight
With 10,575 aircraft delivered, the Boeing 737 family was until recently the most popular airplane ever. It all…
Boeing 737 MAX certification postponed as new flaws found
The recertification campaign of the Boeing 737 MAX that was expected to begin in April 2020 is reportedly…
Boeing extends production halt as 1000th Dreamliner takes off
Production continues at Boeing’s facility of North Charleston, South Carolina, and on April 3, 2020, the 1000th Dreamliner…
Boeing halts operations in military rotorcraft site due COVID-19
Boeing is temporarily suspending production at its facilities in Ridley Township, Pennsylvania, due to the coronavirus COVID-19 outbreak…
Boeing to receive $882 million in withheld USAF payments
The United States Air Force has reached two agreements with Boeing, one regarding the final corrections to the…
Coronavirus: Boeing offers voluntary layoff plan to employees
Boeing offered its employees a voluntary departure plan that includes early retirements to compensate for the financial effects…
U.S. Air Force reports new Boeing KC-46 critical deficiency
The Boeing KC-46 Pegasus tanker is marred by yet another technical problem. The United States Air Force has…
Boeing to halt production in Seattle due COVID-19
Boeing is shutting down its production operations in Seattle area facilities, which make up the majority of the…
Nikki Haley quits Boeing executive board due federal bailout plea
Nikki Haley has resigned from the Boeing executive board, the company announced on March 19, 2020. A former…
Boeing pleas for $60 billion for aerospace manufacturers in US
Boeing has publicly announced that the company supports a $60 billion aid package for the aerospace manufacturing industry.…
Air Tahiti Nui operates longest flight ever due to COVID-19
As an unexpected consequence of the coronavirus COVID-19 outbreak, the French airline Air Tahiti Nui broke the record…
Boeing loses Washington State 40% tax cut
The Senate of Washington State, where Boeing’s headquarters and main factories are located, repealed the tax break for…