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In 2021, Boeing’s board famously paid a hefty $246 million fine to settle a shareholder lawsuit that accused it of failing in its fiduciary duty to monitor safety, and initially lying about its ...
Boeing said in a notice filed with Washington's Employment Security Department on Monday that it has so far laid off 2,199 workers in the state, among job cuts that will eventually total about ...
Boeing also met a key union demand by promising to build its next new plane in Washington state. However, the offer fell short of the union’s initial demand for pay raises of 40% over three years.
Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss due to the effects of the IAM (International Association ...
Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that will eventually reduce the company's workforce by about 17,000. Nearly 400 ...
The Boeing 737 MAX 9 involved in Alaska Airlines Flight 1282.. On January 5, 2024, Alaska Airlines Flight 1282 experienced uncontrolled decompression after door plugs securing the emergency exit door panel ejected on the Boeing 737 MAX 9 aircraft used on the flight; the configuration on the 737 MAX 9 included fewer seats than Boeing designs for, necessitating a door plug to obstruct an ...
The vote also coincides with Boeing's third-quarter results, in which (Reuters) -Boeing's shares rose 3% on Monday on hopes of an end to a crippling strike, although some analysts expressed doubts ...
In 2019 it announced that it would move all manufacturing of its wide-body 787 Dreamliner to its plant in North Charleston, S.C., ending split responsibilities between that plant and Washington state.