Latest Boeing Co News

FILE - In this May 16, 2007, file photo, a Taiwanese navy frigate launches a

Taiwan says new arms purchases to boost credible defense

Oct. 27, 2020 5:15 AM EDT

TAIPEI, Taiwan (AP) — Taiwan said Tuesday that recently proposed purchases of U.S. missiles and other arms systems will boost the island’s ability to credibly defend itself amid rising threats from China. The comments from defense ministry spokesperson Shih Shun-wen came a day after China said it...

FILE - In this May 16, 2007, file photo, a Taiwanese navy frigate launches a

US announces planned $2.37 billion weapon sale to Taiwan

Oct. 26, 2020 7:31 PM EDT

WASHINGTON (AP) — The Trump administration on Monday notified Congress of plans for a $2.37 billion sale of Harpoon missile systems to Taiwan just hours after Beijing announced sanctions on U.S. defense contractors, including Boeing, the lead contractor on the Harpoon deal. “The United States...

FILE - In this June 10, 2019, file photo, an American flag flies in front of the facade of Raytheon's Integrated Defense Systems facility, in Woburn, Mass. China's government said Monday, Oct. 26, 2020, it will impose sanctions on U.S. military contractors including Boeing Co.'s defense unit and Lockheed Martin Corp. for supplying weapons to rival Taiwan, stepping up a feud with Washington over security and Beijing's strategic ambitions. (AP Photo/Elise Amendola, File)

Spokesman: China to sanction US arms suppliers to Taiwan

Oct. 26, 2020 6:02 AM EDT

BEIJING (AP) — China's government said Monday it will impose sanctions on U.S. military contractors including Boeing Co.'s defense unit and Lockheed Martin Corp. for supplying weapons to rival Taiwan, stepping up a feud with Washington over security and Beijing's strategic ambitions. Raytheon Technologies...

A Southwest Airlines Boeing 737-7H4 takes off, Tuesday, Oct. 20, 2020, from Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla.  Airlines are continuing to pile up billions of dollars in losses as the pandemic causes a massive drop in air travel. Southwest Airlines on Thursday, Oct. 22, lost $1.16 billion in the normally strong third quarter, which includes most of the summer vacation season.(AP Photo/Wilfredo Lee)

US airlines still piling up losses but say demand is rising

Oct. 22, 2020 4:08 PM EDT

DALLAS (AP) — Airlines are piling up billions of dollars in additional losses as the pandemic chokes off air travel, but a recent uptick in passengers, however modest, has provided some hope. American Airlines on Thursday reported a loss of $2.4 billion and Southwest Airlines lost $1.16 billion in the...

Boeing mulls relocating division headquarters to Everett

Oct. 21, 2020 1:13 PM EDT

EVERETT, Wash. (AP) — Boeing is considering relocating its commercial airplane division headquarters in Washington state in an effort to reduce costs during the coronavirus pandemic. Boeing Executive Bill McSherry confirmed earlier reports that the company was mulling whether to vacate the Boeing...

Navistar, Bank of New York Mellon rise; Schlumberger falls

Oct. 16, 2020 4:22 PM EDT

Stocks that moved heavily or traded substantially Friday: Pfizer Inc., up $1.40 to $37.95. The drugmaker's CEO said it can't request emergency authorization of its COVID-19 vaccine before the third week of November. Boeing Co., up $3.11 to $167.35. Europe’s aviation regulator is nearing a decision to...

FILE - Traffic passes in view of a massive Boeing airplane production plant, Oct. 1, 2020, in Everett, Wash. Boeing failed to sell any airline planes last month and suffered more cancellations of a grounded jetliner, further evidence of the company's battle to overcome a drop in air travel during the pandemic and crashes involving the 737 Max. The company said Tuesday, Oct. 13, 2020 that three Max orders were canceled in September and it dropped orders for 48 more Max jets because of uncertainty about whether customers will be able to close the deals. (AP Photo/Elaine Thompson, file)

Boeing's struggles continue: No jetliner sales in September

Oct. 13, 2020 2:25 PM EDT

Boeing failed to sell any airline planes last month and suffered more cancellations of a grounded jetliner, further evidence of the company's battle to overcome a drop in air travel during the pandemic and crashes involving the 737 Max. The company said Tuesday that three Max orders were canceled in September and...

FILE - This March 12, 2013, file photo shows the air traffic control tower at Chicago's Midway International Airport. Federal regulators have not taken adequate steps to protect computer systems on airliners from hackers, a government watchdog agency reported on Friday, Oct. 9, 2020. The agency said the Federal Aviation Administration has not developed a training program for cybersecurity or test airplane computer systems that could be vulnerable to attack. (AP Photo/M. Spencer Green, File)

Watchdog urges more action to protect planes from hackers

Oct. 9, 2020 2:22 PM EDT

Federal regulators have not taken adequate steps to protect computer systems on airliners from hackers, a government watchdog agency reported on Friday. The agency said the Federal Aviation Administration has not developed a training program for cybersecurity or test airplane computer systems that could be...

Aircraft G-CIVY, one of the last two British Airways Boeing 747-400 aircraft takes off for its last flight departure from London's Heathrow Airport, Thursday, Oct. 8, 2020. The retirement of the fleet was brought forward as a result of the impact the Covid-19 pandemic had on the airline and the aviation sector. ( Steve Parsons/PA via AP)

Nice knowing you: London Heathrow's farewell to BA's jumbos

Oct. 8, 2020 9:18 AM EDT

LONDON (AP) — British Airways' last two Boeing 747 planes at the airline's historic base of London's Heathrow Airport made their final flight Thursday, the fleet's retirement having been brought forward by the coronavirus pandemic. To mark the occasion, the two planes with their distinctive humps at the...

FILE  - In this Sept. 30, 2020, file photo, a Boeing 737 MAX jet, piloted by Federal Aviation Administration (FAA) chief Steve Dickson, prepares to land at Boeing Field following a test flight in Seattle. Boeing says the pandemic will reduce demand for new planes for the next decade, long after experts expect a vaccine for COVID-19. The company updated its forecast of the airplane market on Tuesday, Oct. 6, 2020. It remains upbeat about long-term prospects driven by increasing air travel in Asia. Boeing, which along with Europe’s Airbus dominates the aircraft-building industry, has seen orders and deliveries of new planes crumble this year. (AP Photo/Elaine Thompson, File)

Boeing says pandemic will cut demand for planes for a decade

Oct. 6, 2020 11:32 AM EDT

Boeing is lowering its expectations around demand for new planes over the next decade as the coronavirus pandemic continues to undercut air travel. The company on Tuesday predicted that the world will need 18,350 new commercial airplanes in the next decade, a drop of 11% from its 2019 forecast. The value of that...