Tag Archives: Boeing

Boeing plans cutbacks amid coronavirus losses

Boeing says it’s planning to reduce its workforce by 10% and cut back on production of wide-body jets in response to the coronavirus pandemic’s dramatic effect on the aviation industry. “We will be a smaller company for a while,” David … Continue reading

Posted in GeekWire | Tagged , , , , | Leave a comment

Boeing scrubs $4.2 billion deal to buy Embraer

Boeing terminated its two-year-old, $4.2 billion agreement to acquire the commercial operations of Embraer, a leading regional-jet manufacturer based in Brazil, as the April 24 deadline for sealing the deal passed. Get the news brief on GeekWire.

Posted in GeekWire | Tagged , , , | Leave a comment

Boeing reorganizes for ‘post-pandemic’ era

Boeing has put its chief financial officer in charge of a newly formed group called Enterprise Operations, Finance & Strategy, as part of a reorganization aimed at streamlining the company’s top leadership and preparing for what Boeing calls “the post-pandemic … Continue reading

Posted in GeekWire | Tagged , , , , | Leave a comment

Boeing gets set to ramp up jet production

Boeing says it’s planning to resume all commercial airplane production in the Seattle region starting next week, more than three weeks after operations were shut down due to the coronavirus outbreak. About 27,000 employees will be brought back to work … Continue reading

Posted in GeekWire | Tagged , , , , | Leave a comment

Boeing to resume building military aircraft

Boeing says it will bring about 2,500 employees back to its facilities in the Puget Sound region and Moses Lake, Wash., starting as early as April 13, for limited operations that will focus on defense programs and 737 MAX storage … Continue reading

Posted in GeekWire | Tagged , , , , | Leave a comment

Boeing ships out virus-blocking face shields

Boeing has shut down airplane production until further notice due to the coronavirus pandemic, but it’s pushing forward with production of medical equipment to shut down the virus’ spread. The company says its first shipment of 2,300 face shields, manufactured using its … Continue reading

Posted in GeekWire | Tagged , , , | Leave a comment

Boeing boosts Myriota IoT satellite venture

Boeing’s HorizonX venture capital arm is participating in a $19.3 million Series B funding round for Myriota, an Australian startup that’s building a satellite constellation for the Internet of Things. This marks Boeing’s second investment in the company. Get the news brief on GeekWire.

Posted in GeekWire | Tagged , , , , | Leave a comment

Boeing says it’ll redo uncrewed Starliner flight

Boeing says it will redo the uncrewed test flight of its Starliner space taxi to the International Space Station, after months of reviewing what went wrong during a flight that fell short of the mark. NASA said it supported Boeing’s decision. Get the news … Continue reading

Posted in GeekWire | Tagged , , , , | Leave a comment

Boeing extends virus-related factory shutdown

Boeing says its 14-day suspension of operations at its Puget Sound airplane factories, as well as at its maintenance site at Moses Lake in central Washington state, will be extended until further notice. Get the news brief on GeekWire.

Posted in GeekWire | Tagged , , , , , , | Leave a comment

Air Force and Boeing strike deal to fix tankers

The Air Force says it reached two agreements with Boeing today, aimed at making the final fixes in camera systems for Boeing-bult KC-46A Pegasus tankers and releasing $882 million in payments that were held back due to problems with the tankers. Get the … Continue reading

Posted in GeekWire | Tagged , , , , , , | Leave a comment