Boeing

The Boeing Company (in short “Boeing”) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, and satellites worldwide. The company also provides leasing and product support services. Boeing is among the largest global aircraft manufacturers, is the second-largest defense contractor in the world based on 2013 revenue, and is the largest exporter in the United States by dollar value. Boeing stock is a component of the Dow Jones Industrial Average.
The Boeing Company’s corporate headquarters are located in Chicago and the company is led by President and CEO Dennis Muilenburg. Boeing is organized into five primary divisions: Boeing Commercial Airplanes (BCA); Boeing Defense, Space & Security (BDS); Engineering, Operations & Technology; Boeing Capital; and Boeing Shared Services Group. In 2015, Boeing recorded $96.11 billion in sales, ranked 27th on the Fortune magazine “Fortune 500” list (2015), ranked 90th on the “Fortune Global 500” list (2015), and ranked 27th on the “World’s Most Admired Companies” list (2015).

U.S. Army expands CH-47F Block II Chinook fleet to boost lift and range

0
The U.S. Army has awarded Boeing a $135 million contract for three additional CH-47F Block II Chinook helicopters, as part of its modernisation strategy...

BOC Aviation signs leases with TUI Airways for 14 Boeing 737 MAX 8 aircraft

0
BOC Aviation Limited is pleased to announce that it has entered into a lease transaction involving 14 Boeing 737 MAX 8 aircraft with TUI...

Hungary Airlines signs agreement to acquire 100 Boeing 737 MAX aircraft

3
Hungary Airlines has signed a memorandum of cooperation with Boeing to purchase 100 737 MAX aircraft, aiming to strengthen passenger traffic between Central and...

Boeing awarded 15 additional U.S. Air Force KC-46A Tankers

0
Boeing will build 15 additional KC-46A Pegasus tankers under a Lot 11 contract award from the U.S. Air Force valued at $2.38 billion. In...

Brussels Airport’s Newton Room brings aviation and STEM careers to life for 175 Belgian students

0
From November 12–22, 175 secondary school pupils from across Belgium are visiting the Newton Room at the Aviation Talent Hub at Brussels Airport. Hosted...

Boeing to lay off 2,200 workers amid production struggles and strike fallout

0
Boeing has announced it will lay off 2,199 employees in Washington state starting December 20, 2023, as part of a broader plan to reduce...

Boeing averts civil trial over 2019 Ethiopian Airlines crash with settlement

0
Boeing has reached an out-of-court settlement with the family of Manisha Nukavarapu, a victim of the March 2019 Ethiopian Airlines 737 Max 8 crash....

Avia Solutions Group invests in growth with large Boeing 737 MAX order

0
Avia Solutions Group, the world’s largest ACMI (aircraft, crew, maintenance, insurance) provider, has made its first direct purchase from Boeing, placing a firm order...

TUI fly Netherlands retires its last Boeing 767, ending era for TUI Group

0
TUI fly Netherlands has officially retired its last Boeing 767-300ER, marking the end of Boeing 767 operations across the TUI Group. The final passenger...

Boeing Union approves new contract, ending expensive strike

0
On November 4, 2024, members of Boeing’s largest union, the International Association of Machinists and Aerospace Workers, approved a new contract by a 59%...

DAE leases four Boeing 737-8 aircraft to Hainan Airlines for fleet modernisation and growth

0
Dubai Aerospace Enterprise (DAE) has signed lease agreements with Hainan Airlines for four new Boeing 737-8 aircraft, set to be delivered between late 2025...

Pentagon audit finds US Air Force overpaid Boeing by 8,000% for C-17 parts, impacting readiness

0
A Pentagon audit revealed that the US Air Force drastically overpaid for spare parts for Boeing's C-17 transport aircraft, with bathroom soap dispensers costing...

Progress in Boeing union strike talks as supply chain impact grows

0
Talks have resumed between Boeing and the International Association of Machinists & Aerospace Workers (IAM) District 751 on Day 47 of the union's strike,...

LATAM expands Boeing 787-9 Dreamliner fleet with order of 10 new aircraft

0
LATAM Airlines Group has ordered 10 additional Boeing 787-9 Dreamliners, with options for five more, reinforcing its position as Latin America's largest 787 operator....

Boeing strike continues as machinists reject contract proposal offering 35% raise

0
Boeing machinists, represented by the International Association of Machinists and Aerospace Workers (IAM), rejected a new contract offer that included a 35% raise over...

Emirates SkyCargo expands fleet with 5 additional Boeing 777 Freighters amid growing demand

0
Emirates SkyCargo has placed a second order in 2024 for five more Boeing 777 Freighters, bringing its total Boeing aircraft order to 249, including...

Boeing reaches tentative deal to end five-week strike amid ongoing financial struggles

0
Boeing and its workers have reached a tentative agreement to end a five-week-long strike. The deal, which still requires a vote from the 33,000...

Air New Zealand begins world-first full cabin overhaul of Dreamliner fleet

0
Air New Zealand has launched a comprehensive refurbishment of its Boeing 787-9 fleet, becoming the first airline globally to perform a nose-to-tail retrofit on...

Boeing cuts 17,000 jobs and delays jet delivery due to strikes

0
Boeing President and CEO Kelly Ortberg has shared an update with employees, highlighting the significant challenges the company faces and outlining key decisions for...

Boeing considers stock sale to raise cash and avoid credit downgrade

0
Boeing is exploring ways to raise up to $15 billion by potentially selling stock and other equity-like securities to avoid having its credit rating...

Aviation24.be latest

Aviation24.be trending