The Boeing Company, commonly known as Boeing, is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the second-largest defense contractor in the world based on 2018 revenue, and is the largest exporter in the United States by dollar value. Boeing stock is included in the Dow Jones Industrial Average. Boeing is incorporated in Delaware.
Stocks gained ground on Thursday as hopes for a truce between Saudi Arabia and Russia propelled oil prices, taking some attention off a staggering record jump in unemployment claims. Conway G. Gittens..
A year after Ethiopian Airlines flight 302 crashed shortly after take-off, killing all 157 on board, a village near the crash site held a memorial while in the United States a draft report blames the..
Boeing has confirmed it found debris that could pose potential safety risks in the fuel tanks of several 737 MAX aircraft that are in storage and waiting to be delivered to airlines. Adam Reed reports.
Airbus pledged higher jet deliveries and operating profit this year, after an international bribery settlement and problems with the A400M transport plane plunged the aerospace group to a 1.36 billion..
Boeing Co Chief Executive Officer Dave Calhoun outlined a plan of voluntary layoffs for employees on Thursday, while warning that the coronavirus pandemic would have a lasting impact on the global.. Reuters - Published Also reported by •WorldNews
U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill before Congress is not an airline bailout and that taxpayers will be compensated for relief given to.. Reuters - Published
Japan wants to develop a stealth fighter domestically, rejecting designs from Lockheed Martin Corp and Boeing Co in the United States and Britain's BAE Systems PLC, three sources with knowledge of the.. Reuters - Published
Boeing Co plans to restart 737 MAX production by May, ending a months-long halt triggered by a safety ban on its best-selling jet after fatal crashes, people familiar with the matter said on Tuesday. Reuters - Published
Boeing Co Chief Executive Dave Calhoun said on Tuesday he does not want the U.S. Treasury to take an equity stake in the planemaker as a condition of government loans as credit markets freeze amid the.. Reuters - Published
Wall Street bounced from three-year lows on Tuesday on hopes of a major fiscal stimulus to blunt the economic damage from the coronavirus pandemic, while Boeing surged on signs that its grounded jet.. Reuters - Published
A worker at Boeing Co's Everett factory outside Seattle who had the coronavirus has died, the Seattle Times reported on Sunday, citing co-workers, a union official and a Facebook post by the man's.. Reuters - Published
Boeing Co is leaning toward a temporary work stoppage at its twin-aisle jetliner factories due to the spread of coronavirus, people familiar with the matter said on Thursday, echoing a similar move by.. Reuters - Published
Former U.N. ambassador Nikki Haley has resigned from Boeing Co's board after opposing its bid for government financial assistance due to the crisis caused by the coronavirus outbreak. Reuters - Published
As the coronavirus pandemic threatens to bring U.S. economic activity to a halt, American businesses are jockeying for a financial lifeline from President Donald Trump's administration and Congress. Reuters - Published
Brazil has upheld proposals by Boeing Co to buy the jetmaking arm of Embraer , but plunging markets have raised urgent questions over the fate of the $4.2 billion deal as aviation reels from the.. Reuters - Published
Brazil's antitrust watchdog on Wednesday dismissed allegations against a proposed takeover by Boeing Co of Embraer SA's commercial plane division, maintaining its approval of the deal. Reuters - Published
Wall Street's main indexes sank again on Wednesday, as growing signs of coronavirus damage to corporate America overshadowed a burst of optimism about sweeping official moves to protect the economy. Reuters - Published
Boeing Co is seeking "tens of billions of dollars" in U.S. government loan-guarantees and other assistance as faces it a looming liquidity crunch from the massive coronavirus economic disruption.. Reuters - Published
Boeing Co shares tumbled as much as 22% to a more-than-six-year low on Tuesday following a rating downgrade that reflected its worsening cash flow due to the extended grounding of its 737 MAX jet and.. Reuters - Published
Boeing and other U.S. aviation companies are seeking billions of dollars in aid as they battle to survive a plunge in demand caused by the coronavirus pandemic, while Airbus is pausing production at.. Reuters - Published
Boeing Co's shares plunged another 20% on Monday, erasing all gains recorded during ousted CEO Dennis Muilenburg's tenure, as the mounting economic fallout of the coronavirus pandemic added to.. Reuters - Published
Boeing Co is freezing new hiring and overtime except in certain critical areas in efforts to preserve cash due to the coronavirus outbreaks and the 737 MAX grounding, people familiar the matter said on.. WorldNews - Published
U.S. stock indexes tumbled on Wednesday as investors worried over the absence of immediate measures from President Donald Trump's administration to counter the economic fallout from the coronavirus.. Reuters - Published
Boeing Co is planning to draw down the rest of a $13.8 billion loan it agreed last month, a source told Reuters on Wednesday, as the coronavirus outbreak adds to pressure on the U.S. plane-maker due to.. Reuters - Published
Ethiopian investigators singled out faulty systems on a Boeing 737 MAX plane in an interim report on last year's Ethiopian Airlines crash that killed 157 people, piling pressure on the U.S. jetmaker on.. Reuters - Published
Ethiopia's probe of last year's Ethiopian Airlines crash found that Boeing did not provide sufficient pilot training for the 737 MAX and that crucial flight software was flawed, according to an interim.. WorldNews - Published
A faulty sensor reading and the activation of an anti-stall system on a Boeing 737 MAX preceded the crash of an Ethiopian Airlines flight in 2019 that killed 157 people, an interim report by the.. Reuters - Published
US aviation regulators plan to require Boeing to rewire all 737 Max aircraft before allowing the troubled planes fly again, the Wall Street Journal has reported. The MAX has been grounded worldwide.. WorldNews - Published
A draft interim report from Ethiopian crash investigators circulated to U.S. government agencies concludes the March 2019 crash of a Boeing Co 737 MAX was caused by the plane's design, two people.. Reuters - Published
Ethiopian crash investigators have tentatively concluded that the crash of a Boeing Co 737 MAX last year was caused by the plane's design, Bloomberg News reported on Friday, citing a draft report being.. Reuters - Published
A U.S. House investigative report into two fatal Lion Air and Ethiopian Airlines crashes on a Boeing 737 MAX faulted the Federal Aviation Administration's (FAA) approval of the plane and Boeing's.. Reuters - Published
The Federal Aviation Administration on Friday proposed fining Boeing Co $19.7 million for allegedly installing equipment on hundreds of 737 aircraft containing sensors that were not approved for that.. Reuters - Published
A U.S. House investigative report into two Boeing 737 MAX crashes that killed 346 people will fault the Federal Aviation Administration's (FAA) approval of the plane and Boeing's "design failures." Reuters - Published
In an ambitious project with strategic significance, aerospace major Hindustan Aeronautics Ltd (HAL) has started ground work to produce a 10 to 12 tonne attack helicopter by 2027 which will be.. IndiaTimes - Published