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Boeing built its last-ever 747 in December. It's the end of an aviation era that began with Pan Am's first commercial flight of the jumbo jet in 1970.
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After more than half a century, Boeing is rolling its last 747 out of a Washington state factory. The jumbo jet has been used as a cargo plane, a commercial aircraft capable of carrying nearly 500 passengers, and as the Air Force One presidential aircraft.
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Boeing reported a surprising $3.3 billion loss for the third quarter Wednesday, as revenue fell short of expectations and it took huge losses for fixed-cost government programs including new Air Force One presidential jets.
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Federal safety officials have confirmed they will let Boeing resume deliveries of the 787 Dreamliner jet. The Federal Aviation Administration said Monday it expects Boeing to start shipping out the long-shelved planes in the coming days.
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The Federal Aviation Administration says it is going to keep Boeing on a shorter leash when it comes to performing safety-related work on aircraft. The FAA said Tuesday that for three more years, it will still let some Boeing employees perform some safety analysis on planes, but not for the full five-year extension Boeing requested.
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Boeing is reporting a money-losing quarter as both its civilian-airplane division and the defense business are struggling. Boeing said Wednesday that it lost $1.2 billion in the first quarter and took large write-downs for several programs.
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Boeing says global geopolitical concerns are a big reason why it is dropping more than 100 planes from its backlog of pending orders. The United States and allies have imposed broad sanctions on Russia since it invaded Ukraine, including a ban on aircraft sales to Russia.
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Boeing has recommended that airlines ground all 777s with the type of engine that blew apart after takeoff from Denver this weekend, and most carriers…
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Boeing closed out its worst year ever financially by losing $8.4 billion in the fourth quarter as the pandemic has undercut demand for planes, and the…
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Boeing will pay $2.5 billion to settle a Justice Department investigation and admit that employees misled regulators about the safety of its 737 Max…