Latest Boeing Co News

Chinese maker announces 300 orders for new jetliner

Nov. 09, 2022 00:43 AM EST

BEIJING (AP) — A state-owned Chinese commercial jet manufacturer set up to try to compete with Boeing and Airbus says it has secured orders for 300 of its first long-range jetliners from Chinese leasing companies. Orders for the single-aisle C919 were announced Thursday by...

Air show seeks to position China as global competitor

Nov. 08, 2022 02:58 AM EST

BEIJING (AP) — China is displaying its latest generation fighter jets and civilian aircraft this week as it looks to carve a larger role for itself in the global arms trade and compete with Boeing and Airbus. China is currently the world’s fourth-largest arms exporter and an...

Emirates buys 5 Boeing 777 freighters in $1.7B-valued deal

Nov. 08, 2022 02:34 AM EST

DUBAI, United Arab Emirates (AP) — Long-hauled carrier Emirates is buying five Boeing 777 freighters in a deal valued at more than $1.7 billion, further expanding its cargo flight capacity, the two companies announced Tuesday. Emirates previously announced a $1 billion investment...

Problem-plagued Boeing sets ambitious turnaround targets

Nov. 02, 2022 15:48 PM EDT

Boeing officials vowed Wednesday to significantly increase airplane production and cash flow in the next few years as the company seeks to recover from two deadly crashes and years of mistakes in its airline and defense businesses. Boeing said it expects to boost revenue to $100...

Airbus 3rd-quarter earnings grow despite supply chain woes

Oct. 28, 2022 06:19 AM EDT

TOULOUSE, France (AP) — Airbus reported Friday that earnings grew in the third quarter and revenue rose through the first nine months of 2022 as it benefited from a strong U.S. dollar despite supply chain issues. The Toulouse, France-based company said it has delivered 437...

Boeing posts $3.3B loss on costs tied to defense programs

Oct. 26, 2022 13:27 PM EDT

Boeing reported a surprising $3.3 billion loss for the third quarter Wednesday, as revenue fell short of expectations and it took huge losses for fixed-cost government programs including new Air Force One presidential jets. The company blamed higher manufacturing and supply-chain...

Boeing crashes: Passengers' families deemed crime victims

Oct. 22, 2022 02:06 AM EDT

FORT WORTH, Texas (AP) — A federal judge ruled Friday that relatives of people killed in the crashes of two Boeing 737 Max planes are crime victims under federal law and should have been told about private negotiations over a settlement that spared Boeing from criminal prosecution. ...

Amazon will use Hawaiian Airlines to operate cargo planes

Oct. 21, 2022 13:15 PM EDT

HONOLULU (AP) — Hawaiian Airlines will operate 10 cargo planes for Amazon.com starting next fall under a deal that could eventually involve more planes and give Amazon a 15% stake in the airline. The airline’s parent company, Hawaiian Holdings Inc., said Friday that it will fly...

Today in History: October 12, China arrests "Gang of Four"

Oct. 12, 2022 00:01 AM EDT

Today in History Today is Wednesday, Oct. 12, the 285th day of 2022. There are 80 days left in the year. Today’s Highlight in History: On Oct. 12, 1976, it was announced in China that Hua Guofeng had been named to succeed the late Mao Zedong as...

Nvidia, Las Vegas Sands fall; Merck, Boeing rise

Oct. 10, 2022 16:20 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Las Vegas Sands Corp., down $3.21 to $39.29. Casino companies with operations in China slipped amid worries about fresh lockdowns and travel restrictions as COVID-19 cases soar. ...