Cargo boom drives record annual profit for Korean Air
Bucking the COVID-19 gloom, Korean Air has reported record annual and quarterly profits, driven by its cargo operations. Korean…
Boeing
1963 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 paid $400M charge for KC-46 in 2021
Boeing disclosed $402 million pre-tax in charges for the troubled KC-46A Pegasus tanker in 2021. While less costly…
5G could cause ‘unsafe condition’ for three Boeing models, FAA warns
The Federal Aviation Administration (FAA) issued an Airworthiness Directive (AD) prohibiting Boeing 747-8, 747-8F and 777 airplanes from…
Boeing reduces losses, sees slow recovery in 2021
Boeing lost $4 billion but increased revenue to $62 billion in 2021, the company’s yearly report indicates. That is…
Brazil’s GOL signs financing for 12 new Boeing 737 MAX 8 aircraft
Brazilian airline GOL Linhas Aéreas Inteligentes has agreed financing of up to $600 million to fund the purchase of 12 new…
Boeing invests $450M in self-flying electric air taxi firm Wisk
Boeing is to invest almost half a billion dollars into US self-flying electric air taxi developer Wisk. Wisk, which…
SB-1 Defiant completes testing program
The prototype of the SB-1 Defiant helicopter has completed Future Long-Range Assault Aircraft (FLRAA) mission profile flights intended…
FAA issues airworthiness notification related to 5G and Boeing 787 aircraft
The Federal Aviation Administration (FAA) has issued an airworthiness notification regarding the 5G network deployment and the Boeing…
Airbus vs Boeing deliveries 2021: who has the upper hand?
2021 seemed like a good year for both Airbus and Boeing. Both aircraft manufacturers managed to deliver more aircraft and win more jet orders than in…
Ryanair to close FRA base and cancel flights, blames higher charges
Ryanair is closing its operations at Frankfurt Airport (FRA), and scrapping flights, citing increased prices at Germany’s largest…
Emergency landing: scorch marks found on window of a 787 Dreamliner
Emergency services were requested at Warsaw Chopin Airport (WAW) after an incident with a dimmable passenger window on…
CDB Aviation hands over 15 new Boeing jets to United Airlines
Lessor CDB Aviation has completed its sale and leaseback agreement by delivering 15 new Boeing aircraft to United Airlines. The deliveries consisted of thirteen Boeing 737…
The start-up boom continues. Which airlines are due to launch in 2022?
It may seem like a strange time to launch an airline. A global pandemic has devastated air travel…
A close call? Emirates B777 incident on take-off from Dubai under investigation
An incident involving an Emirates Boeing 777-300 that failed to climb out properly on take-off from Dubai International…
Three years after Lion Air crash, Boeing 737 MAX can fly again in Indonesia
The Indonesian Ministry of transportation and the country’s aviation authority – the Directorate General of Civil Aviation – announced that they revoke the prohibition on operating…
Ethiopian Airlines to return MAX to service in February 2022, media reports
Ethiopian Airlines will reportedly reactivate its Boeing 737 MAX fleet in the upcoming February 2022. According to the…
Paint peeling on Air New Zealand’s Boeing 787s
Air New Zealand has been experiencing issues with paint peeling on some of its Boeing 787-9 Dreamliners, according to New Zealand press…
From Concorde to A380: do you know aircraft nicknames? | Quiz
This quiz was first released on February 27, 2021. Do you know the nicknames of aircraft? [Quiz] Start…