Boeing has paused flight tests for its much-anticipated 777X widebody jet. A problem was discovered in the structure that connects the engine to the plane.
Boeing just updated investors on its 2024 deliveries and new orders. Through the first seven months of the year, orders perked up, but deliveries didn't -- despite management's promises to boost output this year.
Boeing's defense and space business contributed to a big net loss and massive cash burn last quarter. Boeing's defense business today is 20% smaller than it was a decade ago.
Boeing has been forced to ground its 777X test fleet. A routine inspection following a test-flight in Hawaii detected a severed thrust link on test aircraft WH003.
Boeing announced on Monday that it has temporarily suspended flight tests of its 777X aircraft following the discovery of structural damage on one of the wide-body jets. The issue was identified during routine maintenance, leading the company to ground all four 777-9 aircraft currently in its test fleet.
Saudi Arabia's Public Investment Fund is in talks to procure jets from Boeing 777 and Airbus 350 for a new cargo airline, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Boeing said it grounded its fleet of four 777X test fleet after finding damage in one of the jetliner's structures. It wasn't immediately clear whether the problem will delay deliveries of the new wide-body jets, scheduled to start in 2025.
Boeing is grounding its 777X test fleet after an inspection showed the failure of a key engine mounting structure, according to a report by the Air Current on Monday.
The U.S. Federal Aviation Administration said on Monday it was adopting an airworthiness directive for Boeing 787 Dreamliners following an incident in March when a LATAM Airlines plane went into a sudden mid-air dive that injured more than 50 passengers.
Boeing (BA) is set to provide for the repair of landing gear used on the F/A-18 E/F aircraft.
Boeing's defense business continues to take charges for problematic fixed-price development programs. The defense business is nowhere near the kind of margins management expects in the 2025-2026 time frame.
Boeing's new boss said Friday he was looking to "reset" relations with a key union representing tens of thousands of its workers, amid negotiations for a new labor contract.