Commercial737 MAX Troubles Plunge Boeing Revenues A 66 percent year-over-year revenue loss in the second quarter saw Boeing’s commercial airplanes segment tumble below defense as the company’s most profitable. Ongoing trouble with the grounded 737 MAX helped cut…
CommercialDelta Wants Boeing NMA to Replace 757, 767 Fleet Delta plans to spend billions modernizing one-third of its fleet over the next five years, according to CEO Ed Bastian. The executive sees around 200 Boeing 757s and 767s that the Atlanta-based…
CommercialBoeing CEO Talks NMA, 777X and Production System If Boeing launches the highly anticipated new mid-market aircraft (NMA), it will be after it finishes the launch of the 777X, CEO Dennis Muilenburg said Wednesday. Speaking at a Barclays Industrial Select…
CommercialBoeing's Defense, Services Segments Carry $25B Earnings in Q3 Boeing reported over $25.1 billion in third-quarter earnings Wednesday — up $900 million, or 3.8%, year over year (YOY) — despite stagnant commercial revenues thanks to growth in the smaller defense and…
CommercialBoeing AvionX to Develop Flight Controls, Navigation Technology Under New President Boeing officially unveiled the name and leadership of its new avionics manufacturing division, AvionX, on Monday. Brendan Curran, former president of Crane Co., has been appointed the president of Boeing AvionX. Here’s…
CommercialBoeing CFO Talks Services Industry, NMA, Acquisitions Boeing's deals with KLX and Embraer to establish its year-old Boeing Global Services business aren't the end of the OEM's moves in that space. Speaking at the 2018 Jeffries Global Industrials Conference, Boeing's chief…