Published on : Wednesday, July 24, 2019
The Boeing Company reported second-quarter revenue of $15.8 billion, GAAP loss per share of ($5.21) and core loss per share (non-GAAP)* of ($5.82), reflecting the previously announced 737 MAX charge (which reduced revenue by $5.6 billion and earnings by $8.74 per share) as well as lower 737 deliveries partially …
Published on : Wednesday, July 17, 2019
Boeing announced that it has dedicated $50 million of a previously announced $100 million fund to provide near-term financial assistance to families of the victims of the Lion Air Flight 610 and Ethiopian Flight 302 accidents. Boeing also announced that it has retained Kenneth Feinberg and Camille …
Published on : Tuesday, June 18, 2019
One of the world’s largest airline groups announced today it plans to build its future fleet with the Boeing 737 MAX with an intention to purchase 200 MAX jets. International Airlines Group (IAG) and Boeing said the two companies have …
Published on : Wednesday, June 5, 2019
Boeing today announced its investment in Robotic Skies, a services provider that connects manufacturers and operators of commercial unmanned aircraft systems (UAS) with a global network of more than 170 civil aviation authority-certified repair stations. “With safety as a …
Published on : Tuesday, May 7, 2019
On every airplane delivered to our customers, including the MAX, all flight data and information needed to safely operate the aircraft is provided in the flight deck on the primary flight deck displays. This information is provided full-time in the …
Published on : Thursday, April 4, 2019
Boeing issued the following statement regarding the release today of the preliminary investigation report of Ethiopian Airlines Flight 302 by the Ethiopian Accident Investigation Bureau (AIB). “I’d like to reiterate our deepest sympathies are with the families and loved …
Published on : Wednesday, March 27, 2019
The Boeing Company will release its financial results for the first quarter of 2019 on Wednesday, April 24. Chairman, President and Chief Executive Officer Dennis Muilenburg and Chief Financial Officer and Executive Vice President of Enterprise Performance & Strategy …
Published on : Tuesday, March 19, 2019
We know lives depend on the work we do, and our teams embrace that responsibility with a deep sense of commitment every day. Our purpose at Boeing is to bring family, friends and loved ones together with our commercial airplanes—safely. …
Published on : Monday, March 18, 2019
Boeing Chairman, President and CEO Dennis Muilenburg issued the following statement regarding the report from Ethiopian Transport Minister Dagmawit Moges today. First and foremost, our deepest sympathies are with the families and loved ones of those onboard Ethiopian Airlines Flight 302. Boeing …
Published on : Saturday, March 9, 2019
The Boeing Company has received notice of an unsolicited “mini-tender” offer by Peer & Peri LLC to purchase up to 10,000 shares of Boeing’s common stock. Peer & Peri’s offer price of $335.00 per share is approximately 22% lower than …
Published on : Friday, March 1, 2019
Boeing today named Anne Toulouse as senior vice president of Communications, leading the company’s global communications and brand activities. Toulouse, 60, has served as interim senior vice president of Communications since September 2018. Effective immediately, she continues in the …
Published on : Wednesday, February 27, 2019
Boeing has introduced its newest unmanned platform, the Boeing Airpower Teaming System. Designed for global defense customers by Boeing Australia, it is the company’s largest investment in a new unmanned aircraft program outside the United States. The aircraft …
Published on : Wednesday, February 27, 2019
Boeing and Bamboo Airways today confirmed an order for 10 787-9 Dreamliners valued at $3 billion according to list prices. The order for the super-efficient and longest-range member of the Dreamliner family was unveiled during a signing ceremony in Hanoi, witnessed by U.S. …
Published on : Tuesday, February 26, 2019
The proposed strategic partnership between Boeing and Embraer [B3: EMBR3, was approved today by Embraer’s shareholders during an Extraordinary General Shareholders’ Meeting held at the company’s headquarters in Brazil. At the special meeting, 96.8 percent of all valid votes cast …
Published on : Tuesday, February 26, 2019
The Boeing Company board of directors has nominated Nikki Randhawa Haley to be elected as a director at the company’s annual meeting of shareholders on April 29. Haley is the former U.S. ambassador to the United Nations, the first female governor of South …
Published on : Wednesday, February 13, 2019
Boeing and Safran today announce the name of their 50-50 joint venture to design, build and service Auxiliary Power Units (APUs): Initium Aerospace. From its Latin roots, initium means ‘the beginning’ or ‘to start.’ This is what an APU …
Published on : Monday, February 11, 2019
Boeing reached an agreement with Uzbekistan Airways to provide services that will enable the airline to more efficiently and effectively maintain its 787-8 Dreamliner fleet through the Boeing Landing Gear Exchange program. The flag carrier of the Republic of Uzbekistan will …
Published on : Tuesday, February 5, 2019
Boeing today announced a partnership with Aerion, a Reno, Nev.-based company pioneering next-generation supersonic aircraft. As part of the agreement, Boeing made a significant investment in Aerion to accelerate technology development and aircraft design, and unlock supersonic air travel for …
Published on : Wednesday, January 30, 2019
The Boeing Company reported fourth-quarter revenue of $28.3 billion, GAAP earnings per share of $5.93 and core earnings per share (non-GAAP)* of $5.48, all company records. These results reflect record commercial deliveries, higher defense and services volume and strong performance which outweighed favorable tax impacts …
Published on : Saturday, January 12, 2019
Embraer and Boeing have welcomed approval by the Government of Brazil of the strategic partnership that will position both companies to accelerate growth in global aerospace markets. The government’s approval comes after the two companies last month approved terms …
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