June 25, 2008 |
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.
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
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.
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...
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.
November 10, 2010
Boeing 787 jetliner on a test flight over Texas made an emergency landing Tuesday after smoke was detected in the main cabin. It was the latest of several setbacks in the development of the new plane. The plane landed safely in Laredo and the crew was evacuated, Boeing spokeswoman Loretta Gunter said. Boeing is still gathering information about the incident, she said. The smoke appeared in the rear cabin of the plane, farthest from the cockpit, said Lynn Lunsford, a spokesman for the Federal Aviation Administration.
May 24, 2012 |
A company headed by cellphone pioneer Craig O. McCaw asked the California Supreme Court to reinstate a $603-million fraud and breach-of-contract verdict against Boeing Co., alleging that two appellate justices had conflicts of interest. ICO Global Communications, a subsidiary of Pendrell Corp., said in its appeal filed Wednesday that two state 2nd District Court of Appeal judges considered Boeing's petition to toss out the trial court verdict even though they owned stock in Boeing.