Latest Boeing Co News

Boeing posts $4 billion loss tied to problems with 787 jet

Jan. 26, 2022 15:03 PM EST

Boeing on Wednesday reported a $4.16 billion loss for the fourth quarter as the financial fallout of production flaws in one of its best-selling planes, the 787 Dreamliner, grew much worse. The aircraft maker took a charge of $3.5 billion to cover additional delays in delivering...

FTC sues to block Lockheed's purchase of supplier Aerojet

Jan. 25, 2022 20:25 PM EST

WASHINGTON (AP) — Federal regulators are suing to block Lockheed Martin Corp.'s $4.4 billion bid for Aerojet Rocketdyne Holdings, saying it would limit competition and drive up prices for components used in missiles that Lockheed and other defense contractors build for the Pentagon. ...

EXPLAINER: Why fear of 5G halting flights has faded

Jan. 20, 2022 17:38 PM EST

The rollout of new 5G wireless service in the U.S. failed to have the much-dreaded result of crippling air travel, although it began in rocky fashion, with international airlines canceling some flights to the U.S. and spotty problems showing up on domestic flights. Airline industry...

Emirates to again fly Boeing 777 to US as 5G rollout slowed

Jan. 20, 2022 05:44 AM EST

DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates said Thursday it will resume its Boeing 777 flights to the U.S. after halting its use of the aircraft there over concerns new 5G services in America could interfere with airplane technology that measures altitude. ...

Airlines cancel some flights after reduced 5G rollout in US

Jan. 19, 2022 23:38 PM EST

DALLAS (AP) — Some flights to and from the U.S. were canceled on Wednesday even after AT&T and Verizon scaled back the rollout of high-speed wireless service that could interfere with aircraft technology that measures altitude. International carriers that rely heavily on the...

FAA sets rules for some Boeing 787 landings near 5G service

Jan. 14, 2022 20:28 PM EST

Federal safety officials are directing operators of some Boeing planes to adopt extra procedures when landing on wet or snowy runways near impending 5G service because, they say, interference from the wireless networks could mean that the planes need more room to land. The Federal...

Angi, Elastic fall; KB Home, Delta Air Lines rise

Jan. 13, 2022 16:21 PM EST

Stocks that traded heavily or had substantial price changes Thursday: Taiwan Semiconductor Manufacturing Co., up $6.96 to $139.19. The chipmaker reported strong fourth-quarter financial results. KB Home, up $7 to $49.38. The homebuilder's...

Boeing airliner sales jump but deliveries lag rival Airbus

Jan. 11, 2022 11:46 AM EST

Boeing finished 2021 far behind European rival Airbus in deliveries of new aircraft, but sales bounced back after two dismal years caused by the 737 Max crashes and the pandemic. Boeing said Tuesday that it delivered 38 commercial planes in December and 340 for all of 2021, nearly...

Airbus says deliveries of new airline jets are nosing higher

Jan. 10, 2022 15:59 PM EST

Airbus said Monday that it delivered 611 passenger jets in 2021, an 8% increase over 2020 but an indication that airlines are still cautious about adding new planes during a pandemic that has reduced travel worldwide. More than three-quarters of last year's deliveries were for planes...

Boeing lands airplane order from US budget carrier Allegiant

Jan. 05, 2022 16:50 PM EST

LAS VEGAS (AP) — Allegiant Air said Wednesday that it will buy 50 Boeing 737 Max jets and take options for 50 more, giving Chicago-based Boeing a major foothold in the discount airline’s all-Airbus fleet. Financial terms were not released. The 737 Max 7 and Max 8 models selected...