Boeing said its Board of Directors has extended the company's age-65 standard retirement to age 70 for CEO David L. Calhoun. Calhoun, 64, has been the company's chief since January 2020.
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Boeing Co. is ready to resume deliveries of the 787 Dreamliner by the end of March, Bloomberg News reported. No deliveries have taken place for five months while mechanics looked for structural flaws.
Hanwha Aerospace USA has been recognized by Raytheon Technologies for excellence in quality, delivery and operational performance.
Two years after the second fatal crash involving Boeing Co.’s 737 Max, questions remain about the aircraft maker’s relationship with the Federal Aviation Administration, The Seattle Times said.
Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.
Boeing Co. this week said it agreed to pay more than $2.5 billion because of fatal crashes stemming from problems with the 737 Max. The company is looking to the settlement a way to move on from a corporate crisis.
Durable goods orders rose last month, boosted by commercial and defense aircraft, the U.S. Commerce said today.
The Federal Aviation Administration lifted a grounding order on Boeing Co.'s 737 Max that had been in effect since early 2019.
Boeing Co. today reported a third-quarter loss as the COVID-19 pandemic slams its commercial aircraft business. The company said it plans to keep cutting jobs.
Durable goods orders increased in September on transportation equipment, the U.S. Commerce Department said today.