Boeing CEO That Has Presided Over Massive Failures Awarded $32 Million Pay Package Before He Departs
Boeing’s CEO could walk away with a massive pay package as his company scrambles to regain public trust amid a series of high-profile incidents with their aircraft. Dave Calhoun, Boeing’s outgoing president…
Boeing delivered 38 jetliners in January, beating Airbus
By Valerie Insinna WASHINGTON (Reuters) – Boeing Co said on Tuesday it had delivered 38 airplanes in January, a modest improvement from a year earlier, including 35 of its bestselling 737 MAX…
U.S. seeks $1.1 million United Airlines fine over Boeing 777 preflight checks
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) on Monday said it is proposing to fine United Airlines $1.1 million for allegedly conducting Boeing 777 flights without making required preflight…
Boeing gets $1.62 billion contract to provide support for Minuteman III missile
(Reuters) – Boeing Co has been awarded a $1.62 billion U.S. Air Force contract to provide guidance subsystem support for Minuteman III Intercontinental Ballistic Missile, the U.S. Department of Defense said on…
Boeing to hire 10,000 workers in 2023 as it ramps up production
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) – Boeing expects to hire 10,000 workers in 2023 as it recovers from the pandemic and increases jetliner production, but will trim some support…
Investors eye Boeing jet production outlook, delivery schedule
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) – As Boeing battles disruption in its supply chains, investors will be looking for the largest U.S. planemaker to satisfy questions about its planned…
Ryanair more confident about Boeing summer deliveries – CFO
DUBLIN (Reuters) – Ryanair is increasingly confident that it will get almost all of the Boeing 737 MAX aircraft it is due to receive in time for its peak summer season, Chief…
Aviation Capital latest lessor to doubt Airbus, Boeing targets
DUBLIN (Reuters) – Airbus and Boeing will find it challenging to meet intermediate delivery targets this year on their way to ramping up production sharply in the coming years, an executive at…
Lessor BOC Aviation orders 40 Boeing 737 MAX planes
(Reuters) – Aircraft lessor BOC Aviation Ltd said on Wednesday it had ordered 40 Boeing Co 737 MAX planes to be delivered in 2027 and 2028, in a year-end boost to the…
Boeing slows final 787 assembly rate in South Carolina over parts delay
WASHINGTON (Reuters) – Boeing Co on Friday said it slowed production of its 787 Dreamliner in South Carolina after a parts delay, but said previously its delivery and production outlook is unchanged…
Bombardier CEO voices concerns over awarding Canada’s defense contract to Boeing
(Reuters) – Bombardier Inc Chief Executive Eric Martel voiced concerns over Canada’s potential plan to buy reconnaissance jets directly from Boeing Co instead of tapping its home-grown aerospace industry through a bidding…
Air India jumbo order includes 190 Boeing MAX, 30 787s -sources
By Tim Hepher and Aditi Shah LONDON/NEW DELHI (Reuters) – Air India is close to a deal to order more than 200 Boeing jets including 190 narrowbody 737 MAX and 30 widebody…
United Airlines, Boeing set to announce major 787 order -sources
WASHINGTON (Reuters) – United Airlines plans to announce a major Boeing 787 Dreamliner order next week, two sources briefed on the matter told Reuters. United late on Thursday invited reporters to a…
U.S. senator presses FAA for details on Boeing 737 MAX alerting system
By David Shepardson WASHINGTON (Reuters) – A senior U.S. lawmaker wants details from the Federal Aviation Administration (FAA) about the safety of the cockpit alerting system for the Boeing 737 MAX —…
Ryanair will be lucky to get 40 new Boeing jets by June – CEO
DUBLIN (Reuters) – Ryanair will be lucky to receive 40 Boeing 737 MAX aircraft by the end of June from the 51 due for delivery, Chief Executive Michael O’Leary said on Tuesday,…
Air India in talks with Airbus, Boeing to buy planes, says CEO
NEW DELHI (Reuters) – Tata Group-owned Air India is in talks with Boeing and Airbus about ordering new aircraft and is meeting its immediate needs by leasing planes and repairing grounded aircraft,…
Boeing sees strong demand for air cargo through 2041
(Reuters) – Boeing Co said on Friday that the planemaker expects air cargo traffic to increase two-fold over the next 20 years, with the world’s freighter fleet expanding by more than 60%.…
FAA does not expect to certify Boeing 737 MAX 7 before end of year
By David Shepardson WASHINGTON (Reuters) -The acting head of the Federal Aviation Administration (FAA) said Thursday he does not expect the agency will certify the Boeing 737 MAX 7 before a key…
Boeing investors seek clarity, realistic goals after a series of setbacks
By Rajesh Kumar Singh CHICAGO (Reuters) – A series of production delays, cuts in jet delivery outlook and mounting losses at its defense business have damaged Boeing Co’s credibility among investors, who…
Boeing losses mount on troubled Air Force One program
By David Shepardson WASHINGTON (Reuters) – Boeing said Wednesday the company would take a new $766 million charge on its 2018 billion contract to build two new U.S. presidential airplanes that faced…
Boeing CEO ‘confident’ 737 MAX 7, 10 will get certified -CNBC interview
By David Shepardson WASHINGTON (Reuters) -Boeing Chief Executive Dave Calhoun on Wednesday said he is confident the planemaker will get an extension from the U.S. Congress of a key deadline to get…
U.S. carrier Alaska exercises options to buy 52 more MAX jets from Boeing
(Reuters) – Alaska Airlines will exercise options to purchase 52 more 737 MAX jets from U.S. planemaker Boeing Co as the carrier phases out Airbus SE aircraft from its fleet, the company…
Boeing wins support in push to extend MAX certification timetable
By David Shepardson SPARTANBURG, S.C (Reuters) – Boeing Co won support Wednesday from a Republican senator and a major customer in its bid to convince the U.S. Congress to extend the deadline…
Boeing, Cargolux finalize order for 10 777-8 freighters
(Reuters) – Boeing Co said on Wednesday it finalized an order for 10 777-8 Freighters with Cargolux, after the Luxembourg-based cargo airline picked the planemaker’s newest freighter to replace its 747-400 fleet.…
Boeing sees LatAm air travel taking off as regulations ease, incomes rise
By Kylie Madry MEXICO CITY (Reuters) – U.S. planemaker Boeing Co sees travel in Latin America ramping up more quickly than in other regions as countries loosen regulations and household incomes rise,…
Boeing orders, deliveries rise in September
By David Shepardson WASHINGTON (Reuters) – Boeing Co said Tuesday deliveries rose in September to 51 airplanes, while orders rose by 90 as the planemaker continues to see strong demand for new…
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