Spirit AeroSystems and Boeing have agreed to push out until 2026 more than half a billion dollars in payments Spirit owes the aerospace giant — which will be long after a deal bringing Wichita's largest employer into Boeing's fold is set to close.
The smallest of these is the Boeing 737 MAX 7, which has yet to enter service and is still awaiting certification from the Federal Aviation Administration (FAA). The jet is designed to replace the earlier Boeing 737-700,
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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.
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.
The Boeing 737 Max family, which entered service eight years ago, was designed to be the latest and most advanced version of the Boeing 737 family, the most successful commercial aircraft of all time.
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.
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.
Boeing will cut 10% of its workforce, or about 17,000 people, as the company’s losses mount and a machinist strike that has idled its aircraft factories enters its fifth week. It will also ...