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Boeing to pull the plug on its 747 jumbo jet - Bloomberg News
Fri, Jul 03, 2020
"At a build rate of 0.5 airplanes per month, the 747-8 program has more than two years of production ahead of it in order to fulfill our current customer commitments,” a Boeing spokesman told Reuters. "We will continue to make the right decisions to keep the production line healthy and meet customer needs."
Saudi Arabia's sovereign wealth fund discloses stakes in Citigroup, Boeing, Facebook
Sat, May 16, 2020
Saudi Arabia`s sovereign wealth fund, the Public Investment Fund (PIF), has purchased minority stakes in major US companies including Boeing, Facebook and Citigroup, according to a US regulatory filing.
SpiceJet to finalise compensation deal with Boeing by March-end
Sun, Feb 16, 2020
Budget carrier SpiceJet expects to finalise a compensation deal with Boeing for grounding of its 737 Max aircraft by the end of the current quarter.
Brazil antitrust regulator gives nod to Boeing-Embraer deal
Tue, Jan 28, 2020
Brazilian antitrust regulator Cade on Monday approved Boeing Co`s purchase of Embraer SA`s commercial aviation division without restrictions, according to a statement on the agency`s website.
Boeing addresses new 737 MAX software issue that could keep plane grounded longer
Sat, Jan 18, 2020
Boeing Co said on Friday it is addressing a new software issue discovered in Iowa last weekend during a technical review of the proposed update to the grounded Boeing 737 MAX.
Ukrainian Boeing 737 with at least 170 aboard crashes in Iran
Wed, Jan 08, 2020
A Ukrainian airliner with at least 170 people on board crashed on Wednesday due to technical problems soon after taking off from Tehran`s Imam Khomeini airport, Iran`s official news agency IRNA reported.
Boeing sacks CEO Muilenburg to restore confidence amid 737 crisis
Tue, Dec 24, 2019
Boeing Co has fired Chief Executive Dennis Muilenburg after repeatedly failing to contain the fallout from a pair of fatal crashes that halted output of its best-selling jetliner.
Boeing to temporarily halt 737 MAX production in January
Tue, Dec 17, 2019
The aircraft manufacturer continued the production of the new 737 jets, despite the model being grounded for nine months after two deadly crashes.
US lawmakers will press Boeing CEO for answers on 737 MAX crashes
Mon, Oct 28, 2019
The head of a US Senate panel reviewing two catastrophic Boeing 737 MAX crashes told Reuters ahead of hearings this week that the plane would not return to US skies.
REVEALED: What Boeing stripped CEO Dennis Muilenburg of Chairman post, and who took this big post
Sat, Oct 12, 2019
In a major development in the aviation sector, US aerospace major Boeing has stripped CEO Dennis Muilenburg of his dual role as Chairman.
Apache has edge over Mi-35 in e-warfare, missile payload
Sat, Sep 07, 2019
The Apache combat helicopter`s capability at electronic warfare, along with its modern firepower, is what is expected to provide an edge to Indian armed forces in a battlefield.
Boeing's sourcing from India now stands at $1 bn
Tue, Aug 27, 2019
According to the aerospace major, over 160 existing industrial partners have become a part of the company`s worldwide supply chain.
Boeing 737 MAX unlikely to restart operations by 2020
Mon, Jul 15, 2019
The airline had previously announced on March 24 that it was extending its cancellations through April 24.
Boeing reshuffles management team of grounded 737 programme
Fri, Jul 12, 2019
Boeing Co has reassigned the head of its next airplane project to run the troubled 737 programme, according to a memo seen by Reuters on Thursday.
Boeing 737 delivery registers drastic fall of 73 pct in Q2 2019
Wed, Jul 10, 2019
US top aircraft manufacturer Boeing Company said Tuesday it delivered 24 737 commercial airplanes in the second quarter of 2019, a drastic fall of about 73 per cent from the previous quarter.
Boeing 737 MAX likely grounded until late this year
Fri, Jun 28, 2019
Boeing`s troubled 737 MAX fleet is expected to stay grounded until late this year as a result of the latest flight-control problem flagged by US air-safety regulators.
What! Boeing is parking its 737 Max planes in employee car parking lot - Watch videos, images
Thu, Jun 27, 2019
Apparently, the plane parking lot at Boeing's Renton Centre in Washington is full with these waiting-to-be-fixed planes, and the company has taken up the employee car parking space to park these planes.
Costs, delays mount for Boeing's NASA launch system, audit finds
Thu, Jun 20, 2019
NASA`s flagship space launch system being built by Boeing is taking years longer than expected with cost overruns of nearly $2 billion, an audit found on Wednesday, raising questions about meeting a goal of returning humans to the moon by 2024.
Airbus seals deal with big buyers, following Boeing's MAX sale
Thu, Jun 20, 2019
Airbus sealed deals with big buyers for its latest passenger jet at the Paris Airshow on Wednesday, battling back a day after a surprise order by British Airways` owner for rival Boeing`s grounded 737 MAX jet.
Paris air show opens with Airbus advantage over Boeing
Tue, Jun 18, 2019
President and CEO of Boeing Commercial Airplanes Kevin McAllister said that the firm was aware that it must work to regain the confidence of the public and the industry.