Boeing reports huge quarterly loss, 777X launch delayed to late 2023
Boeing reported a net loss of $8.42 billion in the fourth quarter of 2020. Throughout the year, the…
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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
First USAF F-15EX begins maiden flight with “Viking” takeoff
The first F-15EX destined to the United States Air Force (USAF) completed its maiden flight in Saint Louis,…
As delays mount, Boeing could lose one-third of 777X orders
With the postponed delivery date, Boeing’s backlog for the 777X family could go down by as much as…
Boeing 787 Freighter – possibility or distant reality?
While the Boeing 787 Dreamliner was a huge hit amongst airlines and the manufacturer had no issues selling…
Top 10 most advanced fighter jets in 2021
Every country that wants to protect its air space must have the newest and the best fighter jets…
Qatar Airways begins Seattle services with Boeing 777
Qatar Airways began its services to Seattle, United States operating the Boeing 777 aircraft on January 29, 2021. Qatar…
Boeing reports new $275M charge on KC-46, overruns exceed contract
In its Q4 2020 earnings Boeing reported a new $275 million charge on KC-46 Pegasus, the troubled aerial…
BREAKING: EASA finally ungrounds Boeing 737 MAX
The European Union Aviation Safety Agency (EASA) has issued the final Airworthiness Directive (AD) to unground the Boeing…
Boeing planes to be able to fly on 100% sustainable fuel by 2030
Boeing claims all its commercial planes would be able and certified to fly on 100% sustainable fuels by…
Sikorsky and Boeing introduce Defiant-X helicopter
Sikorsky and Boeing presented the new Defiant X helicopter to compete in the U.S. Army’s Future Long Range…
China’s airlines prioritize COMAC, put off Airbus and Boeing
China’s big three airlines postponed delivery of over 100 aircraft from Boeing and Airbus, prioritizing the Chinese aircraft…
Patrick Ky: Boeing 737 MAX meets EASA conditions
In a session with the European Union Parliament’s Committee on Transport and Tourism (TRAN), the executive director of…
USAF ups Boeing KC-46 Pegasus tanker order to nearly 100
Boeing has announced a contract by the US Air Force for another 15 KC-46A Pegasus aerial refueling aircraft,…
BREAKING: Transport Canada un-grounds Boeing 737 MAX
Transport Canada (TC), the authority responsible for transportation policies within Canada, issued an Airworthiness Directive (AD) for the…
Canada to not follow FAA in un-grounding the 737 MAX
Transport Canada (TC), the Canadian authority responsible for civil aviation, released a statement that there would be differences…
Al Baker changes tone: Qatar Airways to continue taking aircraft
The Chief Executive Officer (CEO) Akbar Al Baker has seemingly changed his tone in regards to aircraft orders,…
Airbus and Boeing finish 2020: different stories and signs of trouble
While Boeing had its hands full with the Boeing 737 MAX crisis, Airbus had a record 2019 in…
