Boeing has chosen London as its home for new European headquarters. Boeing's decision came soon after a joint pronouncement of a host of businessmen in favor of Britain staying in Europe.
Dennis Muilenburg
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Boeing To Reduce Production In 2016, Orders For 6000 Aircraft By No Means Indicate Decaying Business
Boeing has announced reducing production during 2016. The news has caused US Aerospace Share prices to go down by 9% on Wednesday, which has regained a little on Thursday. The production cut is not due to tattering financial condition of the aircraft manufacturer, but it is related to a transforming strategy. Still the manufacturer holds orders for delivery of around 6,000 aircraft, which represents a different tale.
Boeing Co (BA.N) on Tuesday named Dennis Muilenburg as chief executive officer, effective July 1, succeeding Jim McNerney.
Boeing Co (BA.N) Chief Operating Officer Dennis Muilenburg said on Wednesday that the world's largest plane maker is on track to deliver the 110 787 Dreamliners it forecast for this year, despite signs that deliveries fell below target last month.
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