Latest Boeing Co News

Boeing plans to cut about 2,000 finance and HR jobs in 2023

Feb. 07, 2023 16:43 PM EST

SEATTLE (AP) — Boeing plans to make staffing cuts in the aerospace company's finance and human resources departments in 2023, with a loss of around 2,000 jobs, the company said. “We expect about 2,000 reductions primarily in Finance and HR through a combination of attrition and...

2 pilots walk away from Boeing 737 tanker crash in Australia

Feb. 07, 2023 04:43 AM EST

PERTH, Australia (AP) — Two pilots walked away with minor injuries after a Boeing 737 jet converted for firefighting crashed in Australia, officials said Tuesday. The twin-engine tanker owned by Canadian-based Coulson Aviation crashed in Fitzgerald River National Park in southern...

Disbarred, bankrupt lawyer Girardi charged with client theft

Feb. 01, 2023 20:23 PM EST

LOS ANGELES (AP) — Disgraced ex-lawyer Tom Girardi, once celebrated for winning massive settlements, has been indicted by federal grand juries in Los Angeles and Chicago on charges he stole more than $18 million from clients, prosecutors announced Wednesday. The charges are the...

Boeing bids farewell to an icon, delivers last 747 jumbo jet

Feb. 01, 2023 06:09 AM EST

SEATTLE (AP) — Boeing bid farewell to an icon on Tuesday, delivering its final 747 jumbo jet as thousands of workers who helped build the planes over the past 55 years looked on. Since its first flight in 1969, the giant yet graceful 747 has served as a cargo plane, a commercial...

Carrier Emirates test flies Boeing 777 on sustainable fuel

Jan. 30, 2023 19:50 PM EST

DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates successfully flew a Boeing 777 on a test flight Monday with one of its two engines entirely powered by so-called sustainable aviation fuel. This comes as carriers worldwide try to lessen their carbon footprint. Flight...

Boeing will open new assembly line to build 737 Max planes

Jan. 30, 2023 14:59 PM EST

Boeing will add a fourth assembly line to produce more 737 Max aircraft, as it tries to more quickly translate a backlog of orders into cash-generating deliveries of new planes. The new line will open in the second half of next year, according to a note Monday to employees from Stan...

Boeing pleads not guilty in case over deadly Max crashes

Jan. 26, 2023 18:11 PM EST

FORT WORTH, Texas (AP) — Boeing pleaded not guilty Thursday to a charge that it misled regulators who approved its 737 Max, the plane that was involved in two crashes that killed 346 people. Family members of passengers who died gave emotional testimony, calling for criminal...

Intuitive Surgical, Trustmark fall; AT&T, Progressive rise

Jan. 25, 2023 16:21 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Boeing Co., up 70 cents to $212.68. The aerospace-defense giant reported a big fourth-quarter loss, but said it is sticking with plans to increase jet production. ...

Boeing loses $663 million in 4Q despite higher revenue

Jan. 25, 2023 13:02 PM EST

Boeing said Wednesday it lost $663 million in the fourth quarter as higher production costs and supply-chain problems offset rising revenue. It was another disappointing quarter for the aerospace giant, which has yet to recover from deadly crashes involving two of its 737 Max jets...

US board says Boeing Max likely hit a bird before 2019 crash

Jan. 24, 2023 11:39 AM EST

U.S. accident investigators disagree with Ethiopian authorities over the cause of a sensor malfunction that preceded the March 2019 crash of a Boeing 737 Max shortly after takeoff from Addis Ababa. The National Transportation Safety Board said Tuesday that it determined that the bad...