David Calhoun, Boeing’s President, and CEO, made the following statements at the firm’s latest Investors Conference. “We won’t contemplate a new airplane; we won’t even put it on the drawing board until we know we’re capable of doing that,” said Calhoun. “So this is...
Boeing intends to significantly ramp up the production rates of all its commercial aircraft projects in 2025-2026 and intends to strengthen its financial position. Boeing shared its plans today during its Investors Conference in Renton. Boeing wants to get back to 800...
UPDATE – A $2.8 billion charge on fixed-price defense development programs had a significant impact on Boeing’s earnings and revenues, resulting in a $-3.308 billion consolidated net loss in Q3. But despite more aircraft deliveries and higher revenues,...
UPDATE Oct 4 – The Boeing MAX 7 risks not being certified this year, because Boeing has submitted documents to the FAA that are wholly inadequate. This scoop by The Seattle Times on September 29 causes astonishment and surprise. Or maybe not, because with the...
Boeing’s announcement that it will start remarketing some MAX aircraft that were earmarked for Chinese customers might have surprised a few on Thursday, but the decision has been in the making for some time. Already in its Q2 investor’s call in July, Boeing...
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