Aerospace industry veteran, Robert "Kelly" Orberg is Boeing's new CEO, effective August 8, 2024, replacing David Calhoun after a $1.4 billion loss in the second quarter and ongoing regulatory issues.
Tags: Boeing
Boeing Axes 17,000 Jobs as Strike by 30,000 Machinists Continues; 777x Model Launch Now Delayed to 2026
Boeing faces increasing losses as the ongoing machinist strike extends into its fifth week, causing workforce cuts as the production delays.
US Jobless Rate Surges by 15%; Majority Due to Hurricane Helene and Boeing Strike
The US jobless rate last week has risen by 33,000 to 258,000, exceeding predictions, mostly due to Hurricane Helene and Boeing's temporary furlough for thousands of employees.
Boeing Faces New Safety Risk Warnings After Installing 271 Potentially Defective Parts in 737
Boeing faces another safety concerns as the NTSB warns that over 40 foreign operators may be using 737 aircraft with potentially faulty rudder components, raising fears of loss of control.
Boeing Sends Thousands of Employees on Unpaid Leave Due to Massive Strike
Boeing faces a major strike, leading to unpaid leaves for thousands of employees to preserve cash during negotiations.
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Boeing, facing severe financial and reputational damage from the 737 Max crashes, is implementing a comprehensive recovery plan involving better safety measures, workforce training, and buying back its troubled fuselage supplier.
A United Airlines Boeing 757 lost a landing gear wheel while taking off from LAX on July 8, but safely landed in Denver with no further incident.
After two deadly 737 MAX crashes, Boeing finally pleaded guilty to criminal fraud charges with a $243.6 million fine. Here's how the criminal charges stacked up since 2018.
Boeing would reportedly plead guilty to one count of conspiracy to defraud the US and pay up to $487 million in penalties to avoid prosecution.
![[TIMELINE] How Boeing Came Under Fire by Federal Lawsuit Over Fatal Crashes](https://d.vcpost.com/en/full/106532/timeline-how-boeing-came-under-fire-federal-lawsuit-over-fatal-crashes.webp?w=329&h=190&f=dc7eedb975ababc0ebba342a262d1d7c)
Boeing has until July 5 to decide on whether to fight or plead guilty to the lawsuit filed by the Department of Justice for its alleged violation of a 2021 agreement that shielded it from criminal charges after a string of incidents involving its planes, employees, and other business lines.
Boeing reportedly agreed to purchase Spirit AeroSystems for $4 billion after months of talks. The damaged Spirit AeroSystems sign is seen damaged after an EF3 tornado touched ground on April 15, 2012 in Wichita, Kansas.
Due to technical issues with Boeing's Starliner capsule, NASA has extended astronauts' stay, delaying their return indefinitely.
Boeing to face another safety criticism after revealing that missing paperwork contributed massively to a serious incident involving an Alaska Airlines flight in January.
Boeing's ongoing financial and production issues will not deter its workers from holding a strike.
