Still, North Charleston Mayor Keith Summey believes his city and Boeing will prosper in tandem, noting South Carolina's hospitable business culture. Summey said he does not know if Boeing will make good on its threat to take the 777X project out of the …
Boeing Co. is reshuffling its executive deck, with some big changes in St. Louis. … He will remain in Seattle to oversee Boeing's fast-growing commercial-jet operations, which account for more than 60 percent of the company's revenue. Replacing …
Yet at this bleak moment for Southern California aviation, Boeing's nationwide competition to find a site to build its 777X jet has raised last-ditch hopes of a revival. “It's a big lift for California … “It's been a difficult place to do business …
The aerospace giant Wednesday named Dennis Muilenburg, chief executive of its St. Louis-based Defense, Space and Security unit, as vice chairman, president and chief operating officer of the entire company. Starting Jan 1. he will "share oversight …
Boeing Co. Wednesday lost out on another big fighter jet contract that could have supported thousands of jobs in St. Louis. The Brazilian Air Force decided to buy 36 Swedish-made Gripen fighters from Saab, instead of Boeing's F/A-18 Super Hornets …
Alcoa will supply titanium parts, including forgings used to connect the wing structure to the engine, for the A320neo, Airbus' most fuel-efficient single-aisle jet. The agreement includes several large aluminum … The increase in the share buyback …
The Chicago-based company's decisions, announced on Monday, are aimed at rewarding its shareholders as the company enjoys soaring profits resulting from the sale of its aircraft such as the twin-engine 787 Dreamliner and the 777 jet. Boeing's … “Our …
The increases in dividends and share repurchases "reflect sustained, strong operational performance by our businesses, increasing cash flow, and our confidence in the future," Boeing Chief Executive Jim McNerney said in a statement. The new repurchase …
Air Canada is switching its narrowbody fleet to Boeing, announcing Wednesday that it will purchase 61 of the U.S. manufacturer's newest narrowbody aircraft over the next decade in a deal with a face value of about $6.5 billion US. The country's largest …