News | Latest Breaking News Stories & Headlines

Boeing posts smaller loss as jet deliveries rise

Boeing has reported a smaller second-quarter loss as the US planemaker ramped up jet production and deliveries, recovering from a regulatory crisis and a major strike that halted most production last year.

Business • 29 Jul

Boeing had last week flagged an overall fourth-quarter loss of about $4 billion, nearly triple the size expected by Wall Street

Boeing posts $11.8bn annual loss - biggest since 2020

Boeing said today it was making progress on increasing plane production, and its shares jumped 6%, despite the company recording its biggest annual loss in four years.

Business • 28 Jan

The workers will on Monday vote on the proposal that boosts wage hike to 38% over four year

Boeing shares rise as planemaker makes new wage offer

Boeing shares rose 3.9% today, as some analysts expressed optimism that the US planemaker's latest pay offer to end a damaging strike by about 33,000 workers will muster enough support on Monday.

Business • 01 Nov 24

Boeing today reported a loss of $6.17 billion in the third quarter, bringing its nine-month loss to nearly $8 billion

Boeing CEO presses turnaround as strike vote looms

Boeing chief executive Kelly Ortberg has laid out a turnaround plan, including a push for a "fundamental culture change," as the struggling planemaker grapples with a crippling strike, mounting debt and heightened cash burn.

Business • 23 Oct 24

30,000 Boeing machinists went on strike on Friday, halting production of its best-selling 737 MAX and other airplanes

Boeing lays off workers as no progress made on strike

Boeing has said it will temporarily lay off tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of its best-selling 737 MAX and other airplanes.

Business • 19 Sep 24

Boeing said it delivered a total of 92 aircraft during the second quarter, down 32% from the same time last year

Boeing names aerospace veteran Kelly Ortberg as new CEO

Boeing has today named aerospace industry veteran Kelly Ortberg as its new President and CEO after a months-long search, tasking the former Rockwell Collins executive with the monumental job of turning around the struggling planemaker.

Business • 31 Jul 24