SEATTLE Boeing Co said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 MAX passenger jets after two deadly crashes. | Video
SEATTLE/PARIS Boeing Co has reassigned the head of its next airplane project to run the troubled 737 program, according to a memo seen by Reuters on Thursday, as the grounding of its 737 MAX in the wake of two accidents commands the U.S. planemaker's full attention.
SEATTLE, July 11 Boeing's 737 jet program
manager, Eric Lindblad, will retire in a matter of weeks after
roughly 12 months on the job, according to a company memo seen
by Reuters on Thursday.
SEATTLE Richard Branson's Virgin Orbit on Wednesday released a rocket from the wing of a modified Boeing 747 jetliner in mid-air in a key test of its high-altitude launch system for satellites, the company said. | Video
SEATTLE, July 10 Richard Branson's Virgin Orbit
on Wednesday plans to release a rocket from the wing of a
modified Boeing 747 jetliner in mid-air in a key test of its
high-altitude launch system for satellites, a person familiar
with the matter told Reuters.
SEATTLE/CHICAGO Boeing Co said on Wednesday it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the deadly crashes of its 737 MAX planes in Indonesia and Ethiopia. | Video
SEATTLE, July 3 Boeing Co on Wednesday
said it would give $100 million to organizations to help
families affected by the deadly crashes of the company's 737 MAX
planes in Indonesia and Ethiopia.
Boeing Co will take until at least September to fix a newly identified problem on its grounded 737 MAX, a company official told Reuters, meaning the workhorse jet's return to service will be delayed until October at the earliest, significantly longer than most airlines had expected. | Video