Latest Boeing Co News

Boeing capsule lands back on Earth after space shakedown

May. 25, 2022 21:53 PM EDT

CAPE CANAVERAL, Fla. (AP) — Boeing’s crew taxi returned to Earth from the International Space Station on Wednesday, completing a repeat test flight before NASA astronauts climb aboard. It was a quick trip back: The Starliner capsule parachuted into the New Mexico desert just four...

Boeing docks crew capsule to space station in test do-over

May. 20, 2022 22:24 PM EDT

CAPE CANAVERAL, Fla. (AP) — With only a test dummy aboard, Boeing’s astronaut capsule pulled up and parked at the International Space Station for the first time Friday, a huge achievement for the company after years of false starts. With Starliner’s arrival, NASA finally...

Emirates Air lost $1 billion, but that's an 80% improvement

May. 13, 2022 06:03 AM EDT

DUBAI, United Arab Emirates (AP) — One of the world’s biggest airlines and the Mideast’s top carrier, Emirates Air, said Friday it lost $1.1 billion over the past fiscal year, but that figure still marks an 80% improvement from the year before. The airline said revenue was up 91%, reaching...

Boeing will move its headquarters to DC area from Chicago

May. 05, 2022 20:01 PM EDT

Boeing Co. said Thursday it will move its headquarters from Chicago to the Washington, D.C., area, where company executives would be closer to key federal government officials. The company said it will use its campus in Arlington, Virginia, as its new headquarters, and it plans to...

Airbus posts profit, plans new jet assembly line in Alabama

May. 04, 2022 17:07 PM EDT

Airbus said Wednesday that its profit in the first three months of 2022 more than tripled to 1.22 billion euros ($1.28 billion), helped by an increase in aircraft deliveries as airlines recover from the worst of the pandemic. Airbus said it plans to speed up production of its A320...

Push to arm Ukraine putting strain on US weapons stockpile

May. 03, 2022 00:08 AM EDT

WASHINGTON (AP) — The planes take off almost daily from Dover Air Force Base in Delaware — hulking C-17s loaded up with Javelins, Stingers, howitzers and other material being hustled to Eastern Europe to resupply Ukraine’s military in its fight against Russia. The game-changing...

Microsoft, Visa rise; Boeing, F5 fall

Apr. 27, 2022 16:27 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Boeing Co., down $12.58 to $154.46. The airplane maker reported a much bigger first-quarter loss than analysts' expected. Microsoft Corp., up $13 to $283.22. ...

Boeing CEO laments deal with Trump for Air Force One planes

Apr. 27, 2022 15:21 PM EDT

Boeing’s CEO is lamenting the deal that his company cut with former President Donald Trump to produce new Air Force One jets. David Calhoun said “it was a public negotiation” and “we took some risks” in accepting a fixed-price contract that made Boeing responsible if it...

Boeing posts $1.2 billion loss in Q1, worse than expected

Apr. 27, 2022 13:45 PM EDT

Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bigger than Wall Street had forecast, and the company's quarterly revenue also fell short of...

Exxon Mobil, Lennox fall; Twitter, PS Business Parks rise

Apr. 25, 2022 16:22 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Twitter Inc., up $2.77 to $51.70. Tesla CEO Elon Musk is buying the social media company for roughly $44 billion. Boeing Co., down $1.01 to $175.91. The...