More Setbacks for Boeing
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The Boeing Company is taking a $615 million pretax write-off as it ends production of its smallest commercial jet, and faces delays in an aerial tanker program.
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Even as it works to put the scandals of 2004 to rest, aerospace giant Boeing Co. has turned its attention to the mounting challenges for 2005, chief among them slowing defense spending that could hobble the industry&#39;s largest programs.
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- Boeing Co.  said it may stop production of C-17 military cargo aircraft by 2009 due to lack of U.S. government and international orders, eventually affecting more than 7,000 jobs.
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Boeing Co. made at least $49 million in excess profit on a federal aviation security contract because the government failed to properly structure the deal, a federal audit released Monday found.
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The U.S. Government Accountability  Office on Thursday faulted the Air Force again for its handling  of a contract with Boeing Co , upholding in part a Pemco  Aviation Group Inc  protest.
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Boeing Co  on Wednesday pushed back the first test flight of its new 787 Dreamliner to a range of mid-November to mid-December, about three months later than originally planned, putting pressure on its tight schedule to deliver the first plane in May next year.
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A Boeing subsidiary's legal woes bring to light one factor weighing on valuations for defense contractors.
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U.S. blue chips stayed firmly lower on  Wednesday hurt by a fall in airplane manufacturer Boeing Co.  BA.N after China said it will not approve new aircraft  purchases next year in an effort to curb overheated growth in  China's airline sector.
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The industry faces upheaval as finances worsen and low-cost carriers gain ground.
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Boeing Co. BA.N on Wednesday posted  an 84 percent drop in quarterly profit on charges related to  two aircraft programs, but beat forecasts and painted a rosy  future for commercial jet orders into 2007.
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The cancellation of 1,100 Christmas Day flights by Comair because of computer troubles is prompting calls for more investments in backup systems and other technologies to prevent further groundings and damage to an already struggling industry.
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Business & money: Boeing thrpws down the gauntlet to its loss-making European rival Airbus.
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Boeing profits jump in the third quarter but the firm says delays to its new Dreamliner will hurt sales in 2008.
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Orders are down, but Embraer investors should remain optimistic.
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Boeing Co  on Wednesday pushed back the first test flight of its new 787 Dreamliner to a range of mid-November to mid-December, about three months later than originally planned, as it struggles with uncompleted work by suppliers, delays in programming the flight control software and a shortage of bolts.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) suffered a setback this week when a committee of creditors scotched one of the company&#39;s early debt renegotiation
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American Airlines and United Airlines became the latest carriers on Thursday to say sky-high oil costs are hurting them and worsening a three-year industry downturn.