The European Union is appealing its own victory in a trade ruling against Chicago-based Boeing Co. by asking the World Trade Organization to toughen its condemnation of American subsidies for Boeing-made planes. Get the full story »
Boeing
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Boeing received banned U.S. subsidies: WTO
Guests exit a Boeing 787 Dreamliner aircraft at the Farnborough Airshow, Hampshire, July 18, 2010. (Ben Stansall/AFP/Getty Images)
Boeing Co. benefited from $5.3 billion in prohibited state and federal government subsidies, a panel of World Trade Organization judges determined in a report issued Thursday.
But the total amount that will need to be remedied by the U.S. in the trade case is about half that: $2.7 billion, since the U.S. government has already stopped providing Chicago-based Boeing billions of dollars in export-related tax breaks judged to be illegal by the WTO, U.S. officials said. Get the full story »
GE orders 10 777s from Boeing
Boeing Co. said on Wednesday that it sold 10 of its big 777s to the airplane leasing arm of General Electric. Get the full story »
FAA studies Boeing jet windshield fires
Serious electrical short-circuits cracked or burned portions of cockpit windshields on a pair of American Airlines jets in the past two weeks, ratcheting up concerns about such hazards potentially affecting thousands of Boeing Co. aircraft. Get the full story »
Boeing reports 10 commercial orders in latest week
Boeing Co. said it took 10 new orders for commercial planes in the week that ended on Tuesday, including four 737s for El Al Israel Airlines, two 747s for Korean Air, and four 777s for an unidentified customer. Get the full story »
Boeing mulls another rise in 737 production rate
Boeing Co. is considering a boost in the production rate of its hot-selling 737 to 42 planes per month in 2013, beyond its latest target of 38, the company’s chief financial officer said on Wednesday. Get the full story »
Boeing: No 787, 747 fall-out from Japan quake
Japan’s natural and man-made disasters haven’t affected aircraft production at Boeing Co., or slowed flight-testing of its 787 Dreamliner and 747-8 jumbo jets, an executive of the aerospace manufacturer said Wednesday. Get the full story »
Boeing wants higher ranking claim in aircraft case
Citing unfulfilled promises from Alabama Aircraft Industries Inc. to finish up work on four military jets, Boeing Co. is asking a Delaware bankruptcy judge for some financial reassurance, requesting that the court put its $8 million claim against the Birmingham aircraft maintenance company ahead of other major creditors. Get the full story »
Boeing’s biggest-ever plane makes maiden flight
The 747-8 Intercontinental, Boeing's largest-ever passenger airplane, returns to its hangar on Sunday. (Mark Ralston/AFP/Getty)
Boeing Co.’s newest 747 passenger jet, the largest commercial plane it has ever built, took to the skies for the first time Sunday, marking the third maiden flight of a new Boeing commercial airplane in the past 15 months. (See video)
Painted in its orange and red “sunrise” livery, the massive, four-engine 747-8 Intercontinental lifted off from Paine Field, north of Seattle, at 10 a.m. local time under partly cloudy skies and gusty northerly winds. At 250 feet long, the 747-8 is 18 feet longer than its predecessor. Get the full story »
Boeing CEO sees 2010 compensation rise
Boeing CEO Jim McNerney. (José M. Osorio/Chicago Tribune)
Boeing Chief Executive James McNerney’s compensation was valued at $19.7 million in 2010, up 1.5 percent from the previous year, as Boeing saw a rebound in commercial airplane orders, Boeing said in its proxy filing Friday.
The figure includes McNerney’s salary, bonuses, stock and options award and changes to his pension. McNerney’s annual bonus amounted to $4.4 million. Get the full story »
Boeing lays off 190 workers in missile program
More than 190 Boeing Co. workers across the country are receiving layoff notices this week as the company adjusts to changes in a missile program. Get the full story »
Boeing commits $2M to Japan relief
Chicago-based Boeing Co. says the company will make a $2 million contribution to aid those affected by the earthquake and tsunami in Japan. Get the full story »
Boeing: Too soon to tell quake’s effect on 787
A Boeing 787 Dreamliner. (Reuters/Anthony Bolante)
If Boeing Co.’s Japanese suppliers for the 787 Dreamliner are disrupted by more than several weeks, the company could face new production issues for the long-delayed aircraft, the head of Boeing Commercial Airplanes said Monday.
“We have a little bit of stock, but not much. I think if we go longer than several weeks, we’ll have issues,” Jim Albaugh told CNBC business television. Get the full story »
Boeing says Dreamliner still on for 3Q delivery
Boeing Co. is on track to deliver the long-delayed 787 Dreamliner to its first customer in the third quarter, the head of the 787 program said Friday.
Speaking to reporters at Boeing’s San Antonio site, Scott Fancher said he could not attribute any canceled 787 orders to delays that have put the program nearly three years behind schedule. Get the full story »
Boeing takes 58 commercial orders, loses 8
Boeing Co. said Thursday it took 58 new orders for commercial planes in the week that ended March 9, but reduced the number of 787 orders by eight.
The company on its website said it took orders for four 767s from the U.S. Air Force. Cathay Pacific Airways Ltd ordered 10 777s. American International Group’s International Lease Finance Corp ordered 33 737s. Get the full story »
