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Boeing falls to first annual loss since 1997

Boeing falls to first annual loss since 1997

29 January 2020 Airline News

Boeing reported revenue of $76.6 billion for financial 2019, down 24 per cent from the $101 billion reported last year. Net losses for the year totalled $636 million, down from a profit of £10.4 billion in 2019.

Boeing predicts mid-2020 return for 737 Max

Boeing predicts mid-2020 return for 737 Max

22 January 2020 Airline News

Boeing has predicted a “mid-2020” return to service for the 737 Max, months later than anticipated. Trading was halted in Boeing shares following release of the news, with the price having fallen five per cent earlier.

Luttig latest executive to leave Boeing

Luttig latest executive to leave Boeing

31 December 2019 Airline News

Boeing has confirmed that J. Michael Luttig, 65, counsellor and senior adviser to the board of directors, will retire at the end of the year. He is the latest senior departure from the company, following chief executive Dennis Muilenburg and communications chief Anne Toulouse.