The world's No. 2 commercial airplane maker posted its best profit in nearly four years Wednesday as higher commercial airplane deliveries helped Boeing Co. earn $1.1 billion in the third quarter.
Less than a week after announcing a delay in its new 787 jetliner, Boeing Co. said Tuesday it is replacing the executive who has led the program for the past three years.
Boeing Co. has long promised that its 787 Dreamliner will fly faster and farther than any other medium-sized jet, use 20 percent less fuel and offer increased cabin comfort. Now the first all-new American commercial jetliner in more than a decade also will be at least six months late.
The Boeing Co. landed orders Saturday for 35 of its new 787 Dreamliners, with Air Berlin ordering 25 and ALAFCO Aviation Lease and Finance Company of Kuwait taking 10.
Boeing and Aeroflot signed a deal Saturday for the Russian carrier to acquire 22 Dreamliner jets from the American plane maker.
A Boeing Co. subsidiary accused by the American Civil Liberties Union of facilitating torture by providing services to the CIA for secret overseas flights said it does not, as a rule, inquire about its customers' business.
The X-51A, run by the US Air Force and DARPA, pushes air through its engine vertically (Illustration: Boeing)
A Boeing Co. laptop containing the names and Social Security numbers of 382,000 workers and retirees has been stolen, putting the employees at risk for identity theft and credit-card fraud.
The USAF wants it - sort of - but it's Boeing that is putting its own money up to keep the lines open for 10 planes which are yet to find buyers.
Whilst the 787 program has proved to be a logistics nightmare, the truth is that many of the bugs in the entire supply chain process have been worked out, though cultural differences do remain (namely Boeing's 'blow the budget but don't blow the schedule' philosophy).
"No financial impact"??!! Come on guys, methinks that someone is going to have to revisit some cash flow projections with utmost haste.
Boeing has recently signed a contract with Honeywell Aerospace that will allow them to significantly reduce an airline's maintenance costs by providing expendable parts. The companies partnered as part of Boeing's Integrated Materials Management (IMM) initiative.
The defense industry this year abandoned its decade-long commitment to the Republican Party, funneling the lion share of its contributions to Democratic presidential candidates, especially to Hillary Clinton who far out-paced all her competitors.
That's why we at FOX Business decided to cobble together the FOX 50 (FOX50), an index of the largest U.S. companies that make the products you know and use every day. Think of it as the stock index of your life.
Boeing has long been famous for letting its managers blow the budget as long as they didn't blow the deadline, but it seems that mantra is now going to take a backseat in the new world of outsourcing. The 787 programme is indeed breaking new ground and not always in a good way...
A win is a win, even if it is only by 1 plane. Airbus needs all the good news it can get and this is more than welcome.
The Federal Aviation Adminstration (FAA) has rejected suggestions from a former Boeing engineer that it change the testing and certification process proposed to prove that the 787 Dreamliner is as safe in a crash landing as current airplanes.
Another good win for Boeing with the 787, this makes a huge vote of confidence in the 787 from a carrier with soem of th best growth potential in the world.
a new generation of aircaft interiors is about to be launched with the Singapore Airlines fitout of the A380 marking a milestone in air travel. It is a tug of war between weight and luxury and the mathematics are as complex as anything.
A fascinating concept that harnesses the collective power of the public to give a prediction on the outcome of an event which is going to be subject to much debate.
The Boeing Co. fired at least one employee Friday for having a conversation with the Seattle P-I in July The company told Nicholas Tides in the past week that he was being investigated and was not allowed to discuss allegations against him with any other Boeing employees
Air New Zealand says it plans to mount the first test flight of a commercial airliner partially powered by biofuel. The 747 flight is one part of a deal signed by the airline, engine producer Rolls-Royce and aircraft manufacturer Boeing to research "greener" flying.
British Airways has placed an order for 36 new aircraft - the largest the airline has made since 1998. BA will buy 12 Airbus A380 superjumbos and 24 Boeing 787s, to be delivered between 2010 and 2014, an order which has a list price of $8.2bn (£4.1bn).
Technical and management troubles have caused the government's effort to secure a portion of the 2,000-mile U.S.-Mexico border with a chain of surveillance towers to fall behind schedule, jeopardizing the success of a costly project meant to showcase the Bush administration's tou …
The European Union (EU) has claimed that US subsidies for American aircraft maker Boeing have cost Europe's Airbus $27bn (£13.4bn) in losses. The US has a parallel complaint to the WTO against EU help for Airbus.
@!$%#y, @!$%#y, @!$%#y. The war for the USAF tanker contract is not only between aircraft companies, but cities as well now.
Spirit Aerosystems used to be part of Boeing, but now as an independent entity it may end up supplying large amounts of components for Boeing's great European rival as well.
Tankers may not be as glamorous as fighters, but the bottom line of the value of this contract is more mouth watering than any Mach 2+ speeds. Airbus is teaming up with Northrop-Grumman and is playing both the US jobs and the ability to strengthen the alliance angles.
Ah, could this the the BWB design is being readied for an accelerated civilian development phase? Boeing has always been saying the X-48B is a stricly proof of concept idea for a new military transport...but does anyone really believe civilian carriers will let a 30%+ fuel saving …
Add a has been reporter, a lack of scientific and engineering knowledge, a bit of tall poppy syndrome and you have the perfect recipe for one hell of a beat up.
3,400 aircraft over the next 20 years is the sort of number that makes airplane executives salivate and again reflects the amazing opportunity that China offers both Boeing and Airbus (amongst others).
As expected, Boeing's shares took a wallop after the latest 787 announcements. The aircraft now has to meet the unlikely goal of flawlessly sailing through its flight test phase in order to meet the delivery target to ANA.
This story has just about everything: safety concerns on Boeing's breakthrough 787, allegations of a cover-up and threats made to an African-American involving meat hooks and nooses.