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Business

Boeing posts significant losses as production challenges hit

Boeing posted a fourth-quarter loss of $3.8 billion (around €3.4bn) on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.

Business

Troubled Boeing reports multi billion dollar loss at end of 2024

The US aircraft manufacturer closed last year with a steep loss and weak sales, according to preliminary figures released by the company.

Business

Boeing's aircraft deliveries and orders in 2024 reflect the company's rough year

More than three-quarters of the planes that Boeing furnished were 737 Max jets, a stark reminder of how integral its best-selling airline model has been to the company's fortunes and challenges.

Business

Airbus remains positive on yearly deliveries despite missing target

The European planemaker delivered 766 jets last year, marginally missing its goal due to supply chain disruptions.

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Business

Chinese jet maker ramps up efforts to push Airbus and Boeing out

China’s state-owned aircraft producer, Comac, is already being used by some of the country’s biggest airlines, and has plans to expand further in southeast Asian markets, before eyeing Western markets.

South Korea

Deadly South Korean plane crash sparks investigation and safety checks

Preliminary findings suggest issues with control systems and landing gear deployment as potential causes.

Business

Boeing shares see a fall after jet crash disaster in South Korea

The cause of Sunday's crash in which all 175 passengers and four of the six crew aboard the Jeju Air Boeing 737-800 flight remains under investigation.

World News

Mourners in South Korea lay flowers after 179 people died in plane cra

Jeju Air's plane crashed and burst into flames after skidding off the runway at Muan airport on Sunday when its landing gear apparently failed to deploy.

Business

Boeing: Federal judge rejects conspiracy case deal over plane crashes

The ruling creates uncertainty around criminal prosecution of the aerospace giant in connection with the development of its bestselling airline plane.

Business

Boeing to take weeks to resume production of planes after strike

Airline customers have grown increasingly upset over delays in getting new planes from Boeing - delays that started long before 33,000 machinists went on strike on 13 September.

Business

Boeing factory workers vote to end their seven-week strike

The move clears the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash.

Business

Ryanair profits fall amid Boeing delays and reduction in fares

The Irish budget carrier reported strong traffic, offset by lower air fares for the past six months.

Business

Boeing factory workers to vote on deal that could end strike

In its latest proposed contract, Boeing is offering pay raises of 38% over four years, as well as ratification and productivity bonuses.

Business

Boeing seeks to raise billions from share sale to bolster finances

The aeroplane manufacturer is hoping to avoid a credit rating downgrade by launching a major stock offering.

Business

Boeing workers vote to continue strike as group reveals massive loss

The standoff comes during an already challenging year for Boeing, which became the focus of multiple federal investigations after a door panel blew off a 737 Max plane during an Alaska Airlines flight in January.

Business

Boeing suffers further blow as satellite explodes in space

The latest incident comes as Boeing awaits the results of vote by striking workers and is expected to report a big loss in results for its third quarter.

Space

NASA preparing SpaceX mission to return stranded Starliner astronauts

Places on NASA’s Crew-9 mission have been reduced to make room for Wilmore and Williams on the return trip.

Business

Boeing: Union rejects troubled airline's 'final offer' over pay

The offer of a total package of 30% over four years is higher than a previous proposal but more than 30,000 workers are calling for the restoration of a traditional pension plan.

Business

Boeing machinists go on strike in another setback for aircraft giant

Employees want better wages, pensions and healthcare from Boeing, the aerospace giant that has faced a number of safety scandals this year.

Mobility

First aircraft faults, then Starliner. What's going on at Boeing?

Boeing has been criticised after a series of technical issues. Aviation experts say fixing the company’s profit-first culture could help them to avoid future problems.