January 7, 2014 |
The narrowly approved contract agreement between Boeing and its Washington state workforce will be hailed by some as a victory for the canny, hardball brinkmanship of Boeing's management and the knuckle-under economic pragmatism of the International Machinists Union. But the steep cutbacks in retirement and health benefits that tens of thousands of Boeing workers were forced to swallow have far larger implications for middle-class America. Boeing's stingy treatment of its highly skilled workforce offers a vivid example of how America's new economy has created gaping economic inequalities and steadily squeezed the economic life out of the U.S. middle class over the last three decades, even as corporate profits and CEO pay have skyrocketed.
January 4, 2012 |
Boeing Co. announced plans to close its long-standing facility in Wichita, Kan., where the company works on B-52 Stratofortress bombers and aerial refueling tankers. The company's historic facility in Wichita has played a large role in city's claim to be the Air Capital of the World. During World War II, the Boeing complex churned out B-29 Superfortress bombers and later the larger B-52s. More than 2,160 people are employed at the facility. Boeing said work will gradually be scaled down before it is officially closed by the end of next year.
February 22, 2012 |
Boeing Co. has discovered a flaw in fuselage sections that may affect 55 of its new 787 Dreamliner jets and slow some deliveries, James Albaugh , Boeing's chief executive officer of commercial airplanes, said Wednesday. The Dreamliner is an all-new commercial jet that is largely made of lightweight carbon composites rather than sheets of aluminum. The plane made its first passenger flight with All Nippon Airways in October , but it was more than three years late because of design problems and supplier issues.
July 7, 2010
A World Trade Organization panel's finding that the European aviation company Airbus had benefited from years of unfair subsidies is, on its surface, a victory for Boeing and the United States in their six-year quest to force Airbus to compete on a level playing field. Yet it also lays the groundwork for an important precedent that could ultimately help both firms in future disputes against new state-subsidized competitors. The trade body focused on the support that Airbus has received from European governments to help develop and launch virtually all of its large civilian airplane models.
December 15, 2009 |
SEATTLE -- The crowd of workers and dignitaries lining Paine Field today held their breath as the Boeing 787 Dreamliner roared down the runway, lifted its nose into the air and then flew north with two chase planes trailing along the horizon and then into a bank of clouds. For the first time, a passenger jetliner with a body and wings made of super-hardened plastics took wing, a milestone that promises to usher in a new era in aviation. The plane was scheduled to circle over the Puget Sound for four or so hours, as Michael Carriker and co-pilot Randall Neville test whether the 787's state-of-the-art wing and electronics systems perform as designed.
September 26, 2011 |
On a rainy and blustery day at Boeing Co.'s facilities in Everett, Wash., the aerospace giant formally delivered the world's first passenger-ready 787 Dreamliner to Japanese carrier All Nippon Airways Co. Standing shoulder to shoulder, a crowd of about 500 employees, local politicians and aviation industry insiders gathered on a wet tarmac to see Boeing hand over the ceremonial key for the new aircraft to All Nippon. Depending on how individual airlines configure the new planes, they hold the prospect of being faster, more fuel-efficient and having more legroom and overhead space for baggage.