Latest Boeing Co News

Boeing to build Navy aircraft at MidAmerica, invest $200M

Sep. 17, 2021 16:05 PM EDT

SPRINGFIELD, Ill. (AP) — Chicago-based aerospace giant Boeing Co. will invest $200 million to begin manufacturing the U.S. Navy's latest unmanned aircraft at MidAmerica St. Louis Airport in a project that could add at least 150 jobs on the company's southwest Illinois campus, officials said...

Boeing sells land for $200M in plan to shrink holdings

Sep. 17, 2021 10:47 AM EDT

SEATTLE (AP) — Boeing has closed the sale of 310 acres of undeveloped land next to its Frederickson manufacturing plant in Pierce County for $200 million, real estate tax filings show. The deal finalized this week is the latest as part of a large-scale local property...

Pandemic hasn't dimmed Boeing's rosy prediction for planes

Sep. 14, 2021 11:28 AM EDT

Boeing said Tuesday that the airline industry is showing signs of recovering from the pandemic, and it raised its bullish prediction about demand for airline and military planes and other aerospace products and services. The company predicted that the aerospace market...

Study: Pentagon reliance on contractors hurt US in 9/11 wars

Sep. 13, 2021 16:11 PM EDT

Up to half of the $14 trillion spent by the Pentagon since 9/11 went to for-profit defense contractors, a study released Monday found. It's the latest work to argue the U.S. reliance on private corporations for war-zone duties that used to be done by troops contributed to mission failure in...

US will give aircraft companies $482 million for pandemic

Sep. 13, 2021 07:41 AM EDT

The Biden administration is making $482 million available to aviation industry manufacturers to help them avert job or pay cuts in the pandemic. The taxpayer-funded relief will cover up to half of the payroll costs at 313 companies, according to the Transportation...

US examining Boeing's treatment of safety-related employees

Aug. 24, 2021 14:44 PM EDT

A small group of Boeing engineers who perform key safety tasks are raising concerns about their ability to work free of pressure from supervisors, and their comments are prompting federal regulators to take a broader look into the company’s safety culture. The...

Boeing astronaut capsule grounded for months by valve issue

Aug. 13, 2021 16:14 PM EDT

CAPE CANAVERAL, Fla. (AP) — Boeing’s astronaut capsule is grounded for months and possibly even until next year because of a vexing valve problem. Boeing and NASA officials said Friday that the Starliner capsule will be removed from the top of its rocket and returned...

Boeing says airplane orders topped cancellations last month

Aug. 10, 2021 13:23 PM EDT

CHICAGO (AP) — Boeing easily beat rival Airbus in orders for new planes last month, but Chicago-based Boeing trailed its European rival in delivering planes to airline customers. Boeing said Tuesday that it took orders for 31 planes in July while 17 others were...

A WWII 'Rosie' takes on new struggle making pandemic masks

Aug. 07, 2021 09:16 AM EDT

LEVITTOWN, Pa. (AP) — Having helped vanquish the Nazis during World War II, Mae Krier, 95, of Levittown, Bucks County, went to work fighting COVID-19, proving there’s not a scourge that the overachievers of the Greatest Generation won’t take on. It’s a story that...

Air France-KLM reports huge Q2 loss, sees signs of recovery

Jul. 30, 2021 04:56 AM EDT

THE HAGUE, Netherlands (AP) — French-Dutch airline group Air France-KLM said Friday that the “first signs of recovery are visible” in bookings amid easing pandemic travel restrictions as it reported a second-quarter net loss of nearly 1.5 billion euros ($1.8 billion). ...