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BUSINESS
August 15, 2009 | Sholnn Freeman, Freeman writes for the Washington Post.
Boeing says it has halted production of large fuselage sections for the 787 Dreamliner, the latest problem for a delay-plagued airplane that the aerospace giant is counting on to be its next big moneymaker. Analysts have described the design of the 787 as revolutionary, due in large part to the use of advanced composite materials aimed at making the plane lighter and more fuel-efficient. But the design, coupled with a production shift that relies heavily on outside vendors, has put the 787 nearly two years behind schedule.
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BUSINESS
November 12, 2009 | W.J. Hennigan
After struggling for nearly 15 years to prop up an unusual way to launch satellites into space, Boeing Co. is expected to throw in the towel and walk away from its stake in Long Beach-based Sea Launch Co. Kjell Karlsen, Sea Launch president, said Wednesday that Boeing was likely to have little or no ownership position in the rocket launch company after it emerges from Chapter 11 Bankruptcy Court reorganization early next year. "Based on what Boeing has said to us, I don't expect them to commit any more capital to this venture," Karlsen said.
OPINION
December 16, 2006
Re "Boeing says runoff rules too strict," Dec. 12 Could Boeing possibly come up with any better way to flaunt its irresponsibility than by requesting a relaxation of runoff limits? And if the State Water Resources Control Board grants an amendment to Boeing's permit, then we can add the board to the list of environmental slackers that have no doubt seen the warning signs of industrial waste -- waters too polluted to swim in, cancers, groundwater contamination -- and made a conscious decision to bend to business interests instead of the safety of local inhabitants and the land.
BUSINESS
June 25, 2008 | From Times Staff and Wire Services
Boeing Co. said it was changing its retirement program for new, nonunion workers, replacing its traditional pension plan with one that's similar to a 401(k) plan. The new program, to be introduced Jan. 1, won't affect the more than 525,000 current or former employees or retirees already in the company's existing plans, the Chicago airplane manufacturer said.
OPINION
December 16, 2004
Re "Transatlantic Dogfight," Editorial, Dec. 10: Considering that the subsidies Airbus receives are obviously designed to destroy Boeing's -- and with it, the U.S.' -- capability to compete in the commercial aircraft market, I find it unbelievable that the Pentagon would even dream of considering Airbus for its aerial tanker fleet. Frank J. Baumann Pasadena
BUSINESS
February 14, 2012 | By Gregory Karp
Chicago-based Boeing Co. finalized what it calls a historic order for 230 aircraft worth $22.4 billion. Lion Air of Indonesia ordered 201 of the Boeing 737 Max planes and 29 next-generation 737-900ERs. The deal also includes purchase rights for an additional 150 airplanes. The order is the largest commercial airplane deal ever for Boeing, measured by both dollar value and total number of airplanes. Lion Air will be the first airline in Asia to fly the 737 Max and the first in the world to take delivery of the 737 Max-900.
BUSINESS
January 31, 2011 | By Dominic Gates
Confirming preliminary reports from September, a World Trade Organization ruling released Monday found Boeing Co. guilty of receiving illegal subsidies. But the amount of the illegal subsidies cited was a fraction of the amount reported in a parallel WTO ruling last year against Airbus, Boeing's main competitor. "The United States is confident that the WTO will confirm the U.S. view that European subsidies to Airbus dwarf any subsidies that the United States provided to Boeing," U.S. Trade Representative spokeswoman Nefeterius McPherson said.
BUSINESS
February 23, 2012 | By W.J. Hennigan, Los Angeles Times
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 for 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.
BUSINESS
November 15, 2008 | Times Wire Services
Boeing Co. said it was delaying deliveries of its 747-8 freighter and intercontinental airplanes because of design changes, limited engineering resources and an eight-week strike that shut the company's factories. The Chicago-based aerospace firm said the first freighters now would be delivered in the third quarter of 2010 instead of in late 2009, as previously planned. The first passenger planes will be delivered in the second quarter of 2011, rather than in late 2010. Separately, Boeing reached a tentative settlement on a four-year contract covering nearly 21,000 engineers, scientists and technical workers after talks that were delayed by a machinists union strike.
BUSINESS
April 8, 1993
Furon Co. said Wednesday that Boeing Co. in Seattle has awarded it two five-year contracts, valued at more than $14 million, to provide specialized aircraft parts. Furon, based in Laguna Niguel, makes rubber and plastic parts for other manufacturers. Under the new agreements, Furon will supply duct assemblies for Boeing's 737, 747, 757 and 767 models. The ducts are used in environmental control systems, which provide heating and air conditioning inside the planes.
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