Business, Logistics

Boeing Plans to Boost Output of 737s Despite Glitch

Boeing Co. is moving ahead with plans to hike output of its cash-cow 737 jetliner while dealing with the ripple effects from a new production flaw uncovered by one of its largest suppliers.

Julie Johnsson | Bloomberg News
April 18, 2023
Government, Business, Equipment

Boeing Climbs on First Profit Since 2019 as COVID, Max Woes Ease

Boeing Co. earned a profit for the first time in nearly two years, surprising Wall Street and hinting at a potential turnaround after one of the worst financial crises in the planemaker’s centurylong history. The shares jumped.

Julie Johnsson | Bloomberg News
July 28, 2021
Business, Safety

Nearly 1,000 Boeing Plane Orders Are Lost or in Doubt

Boeing Co. is nearing 1,000 scrapped or impaired jetliner orders this year, failing to notch any sales in September, as the long 737 Max grounding and the coronavirus pandemic extended their toll.

Julie Johnsson | Bloomberg News
October 13, 2020

Boeing Cuts Jetliner-Sales Forecast 11% on Decadelong Slump

Boeing Co. sees a turbulent ride ahead for the world’s jetliner market, with sales contracting sharply this decade before eventually rebounding in the 2030s as new models and technologies spur growth.

Julie Johnsson | Bloomberg News
October 6, 2020
Government, Business, Safety

Boeing Loses 60 Max Jet Orders in June With Virus Crimping Buyers

Boeing Co.’s order stockpile shrank further last month as airlines and lessors backed out of commitments for the grounded 737 Max jetliner in a market devastated by the coronavirus pandemic.

Julie Johnsson | Bloomberg News
July 14, 2020
Business, Equipment

Boeing, Suppliers Advance on Restart of 737 Max Production

Boeing Co. and its suppliers climbed as the plane maker resumed production of the 737 Max jetliner while working with regulators to end a yearlong global grounding.

Julie Johnsson | Bloomberg News
May 28, 2020
Business, Equipment

Boeing Begins Cutting Workforce With 6,770 Layoffs in US

Boeing Co. unveiled the first and deepest of its planned job cuts, saying it would notify 6,770 employees in the U.S. this week that their positions would be eliminated.

Julie Johnsson | Bloomberg News
May 27, 2020
Business, Equipment, Safety

Boeing to Restart 737 Max Production After Four-Month Shutdown

Boeing Co. got a boost after CEO Dave Calhoun told Fox Business that the planemaker’s 737 Max assembly lines will rumble to life later this month.

Julie Johnsson | Bloomberg News
May 8, 2020

Boeing to Cut Output, Thousands of Jobs on Vanishing Demand

Boeing Co. unveiled deep cuts to jobs and production as the manufacturer rushes to adapt to a shrinking market for jetliners after the worst downturn in aviation history.

Julie Johnsson | Bloomberg News
April 29, 2020
Government, Business

Boeing Seeks US Aid Plus Help for Suppliers, Airlines

Boeing Co. has asked White House and congressional officials for short-term aid for itself, suppliers and airlines as the outlook for the travel industry worsens by the day because of the coronavirus outbreak, people familiar with the matter said.

Julie Johnsson | Bloomberg News
March 17, 2020