Boeing commercial jet deliveries dropped last year by more than a third compared to 2023, as the aerospace giant wrestled with multiple major challenges. In data released Tuesday, Boeing (NYSE: BA) reported it delivered 348 airplanes to customers in 2024, down from 528 the year prior.
Airbus had 826 net orders, while Boeing had 317. A strike by the machinists who assemble the 737 Max, along with the 777 jet and the 767 cargo plane at factories in Renton and Everett, Washington ...
President Donald Trump's nominee to head the U.S. Transportation Department said he will keep in place a cap on production of Boeing 737 MAX planes put in place after a mid-air panel blowout last year until he is satisfied it can be safely raised.
New York, Jan 14 (AP) Boeing delivered less than half the number of commercial aircraft to customers than its European rival in 2024 as the American aerospace giant's output suffered under intensified government scrutiny and a factory workers' strike, according to data released Tuesday.
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Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs.
The US aircraft manufacturer closed last year with a steep loss and weak sales, according to preliminary figures released by the company.
Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs. As a result, the Chicago-based aerospace giant said Thursday that it will report a loss of $5.
In a year defined by a roughly month-long grounding of its Boeing 737 Max 9s and the costly acquisition of leisure carrier Hawaiian Airlines, Seattle-based Alaska Air Group posted a roughly $400 million profit.
Some 55 years after the first commercial flight of the Boeing 747, four airlines still fly passenger versions, including Lufthansa, Korean Air Lines and Air China.
Boeing has been among the top drivers of industrial real estate demand in the past two years, but there’s little indication of how it plans to use the new spaces. When The Boeing Co.’s new CEO, Kelly Ortberg,
The 737 fuselage made by Spirit AeroSystems was delivered to Boeing's factory in Renton, Washington on 22 January, where it will be assembled into the first prototype of the US Air Force's E-7A Wedgetail airborne early warning and control jet.