Boeing reports $6.2 billion loss for third quarter results

ARLINGTON, Va.—At its third-quarter 2024 earnings briefing on October 23, Boeing President and CEO Kelly Ortberg shared the grim reality of the company’s financial challenges ahead and his four-point plan to “restore Boeing to the leadership position that we all know and want.” “It will take time to return Boeing to its former legacy, but with […]
V-Day: Tens of thousands of Machinists vote on Boeing’s latest offer

EVERETT—Polling locations in Washington, Oregon, and California open on October 23 at 8 a.m. where approximately 33,000 International Association of Machinist (IAM) 751 & W24 workers will decide to accept or reject the latest October 19 bargaining agreement offer by Boeing. The latest offer is a much better deal from the original union leadership endorsed […]
High-ranking congressional leaders urge Boeing and IAM to reach deal, ‘$8 trillion’ at stake

EVERETT—Three of the highest-ranking congressional leaders—U.S. Senator Maria Cantwell (D-WA), chair of the Senate Committee on Commerce, Science, and Transportation, Representatives Adam Smith (D, WA-09), ranking member of the House Armed Services Committee, and Rick Larsen (D, WA-02), ranking member of the House Transportation & Infrastructure Committee—along with president pro tempore of the United States […]
Boeing announces plans of a 10% total workforce reduction as strike continues

EVERETT—In an email to all employees sent Friday afternoon, Boeing President and CEO Kelly Ortberg announced that due to the ongoing strike, the company will delay delivery of its 777X program by a year to 2026, decommission the commercial program of its 767 freighter, and will now be assessing a total workforce reduction of 10 […]
Boeing airplanes just as safe as Airbus despite media hype

EVERETT—A Lynnwood Times study of National Transportation Safety Board (NTSB) incident records from 2014 to 2023 concludes that there is no statistically significant safety difference between US-related Boeing and Airbus commercial aircraft. Boeing scrutiny and oversight After Alaska Airlines Flight 1282’s non-fatal incident involving a cabin door blowing off mid-flight on January 5, 2024, due to four […]
Boeing delivers 200th 777 Freighter

By The Boeing Company | Press Release Triple delivery of world’s largest, most capable twin-engine freighter to power airline’s air cargo business Delivery marks Boeing’s 200th delivery of the 777 Freighter Additional capacity will support distribution of COVID-19 vaccines and meet global trade demand EVERETT, Wash., Jan. 1, 2021 — Qatar Airways Cargo took delivery of […]