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Boeing posts second-biggest annual loss in its history

Boeing posts sedond-biggest annual loss in its history

The American giant on Tuesday confirmed it had fallen $11.8bn (£9.5bn) into the red last year, a figure only exceeded during the pandemic when the aviation market ground to a halt overnight.…

2 months ago

by Abiodun Ogundairo

FAA says 737 Max remains Airworthy

U.S. aviation regulators have said they anticipate mandating changes to Boeing’s 737 Max aircraft by April after a second fatal crash in five months. The FAA says the planes remain airworthy and…

6 years ago

Business·News

Boeing faces crisis after second 737 Max crash

Denise Chisholm, head of sector strategy at Fidelity, and Bloomberg Opinion columnist Brooke Sutherland discuss the second deadly crash of a 737 Max jetliner on "Bloomberg Daybreak: Americas."…

6 years ago

Business·News

Boeing fights back against blame for fatal 737 Max Crash

Boeing continues to say it is not to blame for the fatal crash of Boeing 737 Max in Indonesia. The manufacturer says it never held back any information from carriers about an…

6 years ago

Business·News

Boeing gets $3.9 billion contract for new Air Force One

Boeing has received a $3.9 billion contract to build two 747-8 aircraft for use as Air Force One by the U.S. president, due to be delivered by December 2024 and painted red,…

7 years ago

Business·News

New Zealand to buy Boeing P-8 aircraft in $1.6-billion deal to boost monitoring of Pacific

New Zealand agreed to buy four Boeing P-8A Poseidon maritime surveillance aircraft through the United States' foreign military sales programme, its defence minister said on Monday (July 9).…

7 years ago

Business·News

Boeing signs $14.4B in jet deals

Boeing got a jump on next month's annual Aviation Trade Expo in the U.K. after inking two deals worth a combined $14.4B. The bulk of the aircraft will be delivered to Jet…

7 years ago

Business·News