Boeing News Page 18
Capozzi to depart Boeing next month
Boeing has confirmed Heidi Capozzi, senior vice president of human resources, will depart the company in early April to pursue another opportunity.
Doniz appointed chief information officer with Boeing
Boeing has appointed Susan Doniz to the role of chief information officer and senior vice president of information technology and data analytics. She will take up the position in May.
Boeing falls to first annual loss since 1997
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 receives clearance for Embraer deal in Brazil
Boeing and Embraer have welcomed the unconditional approval of their strategic partnership by the Administrative Council for Economic Defence’s general-superintendence in Brazil.
Boeing 777X flies for first time in United States
In a rare piece of good news for the company, the new Boeing 777X has taken to the skies for first time as it enters the next phase of its test program.
Boeing predicts mid-2020 return for 737 Max
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.
Boeing loses plane maker crown to Airbus
Boeing recorded net orders for just 54 planes on 2019, the lowest number in at least two decades. At the same time, deliveries fell by 53 per cent to 380 planes, the lowest number since 2007.
American reaches 737 Max compensation deal with Boeing
American Airlines has reached an agreement with Boeing on compensation for financial damages incurred last year due to the grounding of the Boeing 737 Max aircraft. Details of the deal have been kept confidential.
Luttig latest executive to leave Boeing
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.
Golightly named communications chief with Boeing
Boeing has named Niel Golightly as the company’s senior vice president of communications, effective January 1st. He succeeds Anne Toulouse, who previously announced her plans to retire in early 2020.
Muilenburg steps down as Boeing chief executive
Dennis Muilenburg has been ousted as chief executive of Boeing. In a statement, the American aeronautical giant said current chairman, David Calhoun, would step into the role from January 13th.
Boeing to suspend 737 Max production from January
Boeing has said it will suspend production of new 737 Max aircraft from next month. The plane type has been grounded since March following two fatal crashes.