Search results
Results from the WOW.Com Content Network
Boeing’s shares lost more than 7% on Thursday after West’s comments at a Wolfe Research industry conference, a slide that weighed down the Dow Jones Industrial Average.
By July 2021, Boeing had a 52% share of the widebody backlog compared to 48% for Airbus. The ultra-long-range variants of new types enable new routes between far away city pairs: the 9,700 nmi Airbus A350-900 ULR entered service in 2018 and the 8,700 to 9,100 nmi (16,100 to 16,900 km) Boeing 777-8 is expected in 2022.
Boeing retained the Stearman facilities in Wichita, Kansas. Following the breakup of United Aircraft, William Boeing sold off his shares and left Boeing. Clairmont "Claire" L. Egtvedt, who had become Boeing's president in 1933, became the chairman as well. He believed the company's future was in building bigger planes.
The Boeing 737 MAX groundings has had a deep financial effect on the aviation industry and a significant effect on the national economy of the United States. No airline took delivery of the MAX during the groundings. Boeing slowed MAX production to 42 aircraft per month until January 2020, when they halted until the aircraft was reapproved by ...
Boeing reported a first quarter core, or adjusted, loss per share of $1.13, narrower than the $1.72 estimated, on revenue of $16.57 billion, which was above forecasts of $16.25 billion but an 8% ...
April 24, 2024 at 3:10 PM. Boeing reported a slightly smaller loss in the first quarter compared to the same time a year ago, but said fixing the problems that got attention after the Alaska Air ...
The Boeing Company (or simply Boeing) ( / ˈboʊɪŋ /) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. [5] The company also provides leasing and product support services.
For the fourth quarter, Boeing reported an adjusted per-share loss of 47 cents, narrower than analysts' estimates of a loss of 78 cents, as per LSEG data.