Friday, February 26, 2021
The Federal Aviation Administration (FAA) has assessed $5.4 million in deferred civil penalties against The Boeing Company for failing to meet its performance obligations under a 2015 settlement agreement (PDF). The Chicago-based aircraft manufacturer also agreed to pay $1.21 million …
Monday, February 22, 2021
American plane manufacturer Boeing on Sunday said all 777s with the same engine as the United Airlines flight that caught fire midair have now been grounded. The decision was taken after a United Airlines flight had to make an emergency …
Friday, January 29, 2021
Boeing has reported a net loss of US$11.9 billion for financial 2020, or a GAAP loss per share of $20.88, as the full toll of the COVID-19 becomes clear. The figure is down from a profit of US$636 million last …
Monday, January 18, 2021
Lynne Doughtie has been elected to the Board of Directors at Boeing, replacing Caroline Kennedy who has resigned following three years of service. Doughtie, 58, retired from KPMG in 2020, after serving as United States chairman and chief executive since …
Friday, October 30, 2020
Boeing recently confirmed that it has decided to cut down another 7,000 jobs as losses from the COVID-19 pandemic continue to devastate the aviation sector. The US manufacturer, had already announced deep cuts, and mentioned that staff numbers of the …
Thursday, October 15, 2020
In the wake of the COVID-19 pandemic, Boeing delivered just 11 aircraft last month, as the manufacturer continued to downsize its operations. The latest data from the company revealed that deliveries were 50% below even the depressed figures from August. …
Monday, September 21, 2020
Marc Allen has been appointed Chief Strategy Officer and Senior Vice President, strategy and corporate development at Boeing, effective from October 1.
Friday, May 15, 2020
Leading aerospace company, Boeing has decided to launch a ‘Confident Travel’ initiative with the aim of encouraging people to fly once again.
Monday, April 6, 2020
Boeing has recently announced that that it will extend its temporary suspension of production in the Seattle-area until notified further. It was towards the end of March that the company announced that it would suspend all productions from the Seattle …
Saturday, March 21, 2020
The Boeing Company today announced several decisions to support the company as it navigates through the COVID-19 pandemic while ensuring the company is positioned for the industry’s recovery. Decisions include: CEO Dave Calhoun and Board Chairman Larry Kellner will forgo all pay until …
Monday, September 25, 2023
