For decades, the company made money even as other airlines stumbled and went bankrupt. But the carrier has struggled to adapt to changes in air travel.
Category: Airlines and Airplanes
Why Boeing Workers Rejected a New Contract: Retirement Benefits
A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan.
Boeing Union Workers Reject Contract
The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.
Boeing Will Cut 17,000 Jobs in Bid to Slash Costs
A new chief executive is restructuring the aerospace manufacturer, which has been losing money for several years while struggling to improve production quality.
Boeing Faces a Steep Climb in Catching Up to Airbus
As Boeing works to address quality control issues, its new chief starts at a disadvantage in competing with the other big maker of passenger planes.
To Avoid an Economic Recession, Consumer Spending Is Key
Consumer spending has powered the economic recovery from the pandemic shock. Now wallets are thinner, and some businesses are feeling the difference.
Delta Flight Cancellations Continue As It Struggles To Recover From Tech Outage
Transportation Secretary Pete Buttigieg singled out the airline on Sunday for continued disruptions and “unacceptable” customer service as it canceled another 1,300 flights.
Boeing Agrees to Plead Guilty to Felony in Deal With Justice Department
As part of the deal, stemming from fatal 737 Max crashes in 2018 and 2019, the company agreed to pay a fine of nearly half a billion dollars and strengthen its safety programs.
U.S. Said to Seek Boeing Guilty Plea to Avoid Trial in 737 Max Crashes
The Justice Department told victims’ families that it would propose a nearly $244 million fine and three years of company oversight to settle a fraud charge.
Boeing Sanctioned by NTSB Over Disclosures on 737 Max Investigation
The National Transportation Safety Board said Boeing had improperly released information about the blowout of a panel on an Alaska Airlines flight.