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Boeing is letting top executives work in small offices near their homes and commute by private jet rather than relocate to its new headquarters Orianna Rosa Royle September 12, 2023 at 11:21 AM
The company was founded in 1964 and originally known as Executive Jet Airways. The name was later changed to Executive Jet Aviation (EJA), and again in 2002 to NetJets, after Berkshire Hathaway purchased it in 1998. NetJets was the first private business jet charter and aircraft management company in the world. [7]
The news comes days after Boeing reported third-quarter results that showed a $6 billion loss as its commercial aircraft unit has been hobbled by a strike that continues to drag on, with workers ...
A rendering of the JetZero blended wing body aircraft prototype for the US Air Force. JetZero is a startup company in the aviation industry founded in Long Beach, California, in 2021. [1] It focuses on blended wing body aircraft. [2] [3] The U.S. Air Force, NASA, and a small group of private investors supplied the initial funding. [4]
Shareholders also approved a nearly $33 million executive pay package for Calhoun, covering work done in 2023. ... prosecution after after two catastrophic crashes of Boeing’s 737 Max aircraft ...
Boeing Defense, Space & Security (BDS) is a division of The Boeing Company based in Arlington, Virginia, near Washington, D.C. The division builds military airplanes, rotorcraft, and missiles, as well as space systems for both commercial and military customers, including satellites, spacecraft, and rockets.
For the next decade, Aviation Week predicts 8,683 business jets and 2,877 turboprops deliveries, from 792 jets in 2019 to 917 in 2028, and mostly in North America with 5,986 jets and 2,024 turboprops worth $126.1 billion. Most value will come from ultra-long-range jets with $104.7 billion, followed by super-midsize jets for $33.3 billion and ...
Boeing has had a series of quality issues that have dogged the aircraft maker for the last five years, ever since two fatal crashes of the 737 Max 8 in late 2018 and early 2019 led to a 20-month ...