November 15, 2008 |
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.
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.
September 26, 2011 |
At long last, Boeing Co.'s first 787 Dreamliner is set to be delivered Monday to Japanese carrier All Nippon Airways Co., ending the anticipation among aviation enthusiasts who thought this day might never come. A celebration of the first delivery will be held Monday in Everett, Wash. A webcast and live satellite feed will include special activities at the Boeing's plant there with Boeing and All Nippon's employees and executives. The first passenger flight is scheduled for Oct. 26. Once expected by May 2008, delivery has been delayed several times, and passenger-ready planes are now expected on the runway by fall.
November 17, 2009 |
Boeing Co., whose 787 Dreamliner jet has been delayed more than two years by production difficulties, was sued by investors claiming company executives made misleading public statements about when the aircraft would be flight ready. The city of Livonia, Mich., employees' retirement system filed the complaint Nov. 13 in federal court in Chicago, seeking class-action, or group, status on behalf of all investors allegedly misled by statements made from May 4 to June 22. Also named as defendants were Boeing Chief Executive W. James McNerney and Scott E. Carson, who in August announced he would step down from leading the Chicago-based company's commercial airplane division.
August 28, 2009 |
The first Boeing 787 Dreamliner, which is more than two years behind schedule, should fly by year's end, and the first of the largely composite jets will be delivered to All Nippon Airways by the end of 2010, the company announced Thursday. Boeing Co. also intends to take a $2.5-billion pretax charge, or $2.21 a share, for the repeatedly delayed jet. The Chicago-based aerospace manufacturer is writing off the value of the first three Dreamliners it makes after determining there were no takers for planes that were tons overweight and that bear a patchwork of structural fixes.
July 9, 2012 |
Los Angeles billionaire Steven Udvar-Hazy opened this year's Farnborough International Airshow in England with a blockbuster order for jets worth $7.2 billion in list-price value from aerospace giant Boeing Co. The chief executive from Air Lease Corp., the aircraft leasing firm in Century City, made a firm order Monday for 75 of Boeing's new, fuel-efficient 737 MAX jets. Air Lease buys aircraft and rent them to airlines worldwide for...
March 1, 2010 |
For sale: a mammoth four-engine plane that can haul 60-ton tanks, troops and medical gear across continents and still land on short, shoddy runways. Price: about $240 million; volume discounts are available. If interested, please contact Boeing Co. at your nearest air show. That's the sales pitch that Boeing officials have been making worldwide recently, in hopes of keeping its sprawling C-17 assembly line in Long Beach from closing in two years. The plant, adjacent to Long Beach Airport, employs about 5,000 people and is one of the last remaining aircraft plants in Southern California.
September 15, 2010 |
Boeing Co. received billions of dollars in illegal government subsidies, including $25 million in incentives that Illinois provided the plane maker to relocate its world headquarters to Chicago in 2001, a panel of the World Trade Organization determined. The WTO report is confidential and was released to U.S. and European trade officials Wednesday. It is the first ruling in the second of dueling trade cases filed by the U.S. and European Union against each other last decade alleging that aircraft manufacturers had received unfair government support.
June 26, 2011 |
In the quaint old days, even the most ravenous publicity hounds in Congress would hold off announcing a big investigation until they had something to investigate. As is shown by the furor enveloping a National Labor Relations Board case involving Boeing Co., those days are gone. The NLRB is looking into whether Boeing chose to establish a manufacturing plant for its new 787 airliner in South Carolina to punish its unionized workers in Everett, Wash., which would be illegal.
October 8, 2004 |
Boeing Co. may sell planes to Libya's state-owned airline after the U.S. last month lifted sanctions imposed on the country 18 years ago. Libya, Africa's biggest holder of oil reserves, is in talks to buy 777 and 737 models for Tripoli-based Libyan Arab Airlines, Boeing said. The U.S. declared Libya a "state sponsor of terrorism" in 1979 and imposed economic sanctions in 1986. Chicago-based Boeing is trying to regain its position as the No.