TagBoeing(91)
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Boeing isn’t a bank, but it’s the ultimate ‘too big to fail’ company
By Jon Talton Three things struck me as hair-on-fire points in my colleague Dominic Gates’ superb examination of Boeing’s prospects to right itself after four challenging years. First, the company’s net debt has increased to nearly eight times from where it stood at the end of 2018. That’s nearly $40 billion. Half of this comes from the -
Look at how the Boeing 747 has changed since 1968
Jan. 29, 2023 at 4:00 am Updated Jan. 29, 2023 at 12:09 pm By Mark Nowlin Seattle Times lead graphic artist After 54 years in production, Boeing’s last 747 will be handed off to its new owner later this week. This timeline captures all the ways the iconic plane has changes since its first flight. FOR MORE ON BOEING’S -
The last 747: Boeing workers reflect on an iconic plane like no other
an. 29, 2023 at 4:00 am Updated Jan. 30, 2023 at 3:16 pm By Dominic Gates Seattle Times aerospace reporter On Tuesday, Boeing will wave a final goodbye to the 747 jumbo jet. In the years after its launch, the 747 elevated the Puget Sound region to the world’s premier airplane manufacturing site and boosted Boeing -
Maiden Flight of the Boeing 707
DALLAS – 12/20/1957 Today in Aviation, the original 707-120 developed by Boeing Commercial Airplanes as its first jetliner performed its maiden flight in 1957. Boeing derived the 707-120 from the Boeing 367-80 prototype that flew in 1954. Boeing 707 service started regularly on October 26, 1958, with Pan American World Airways, up until 1979. The long-range narrow-body -
2022-11-03
Boeing CEO: No Clean-sheet Aircraft This Decade
By Gregory Polek • Senior Editor November 3, 2022 Boeing CEO David Calhoun explicitly erased any notion that the company will launch the development of a new commercial airplane this decade during the company’s 2022 Investor Conference Wednesday, explaining that it needs to see the availability of technology capable of generating a 20- to 30 percent operating cost -
Pension deadline could speed retirement of experienced Boeing engineers
Aug. 12, 2022 at 6:00 am Updated Aug. 12, 2022 at 5:48 pm A new Boeing 787 Dreamliner in Everett in 2020. Some experienced engineers who designed this plane are weighing retirement as a big cut to their lump-sum pension payout looms later this year. (Mike Siegel / The Seattle Times) By Dominic Gates Seattle Times