Boeing
{{Short description|American aerospace and defense corporation}}
{{protection padlock|small=yes}}
{{Use American English|date=August 2016}}
{{Use mdy dates|date=January 2024}}
{{Infobox company
| name = The Boeing Company
| former_name = {{unbulleted list|Pacific Aero Products Co. (1916{{nbnd}}1917)|Boeing Airplane Company (1917{{nbnd}}1961)}}
| logo = Boeing full logo.svg{{!}}class=skin-invert
| image = Boeing_Virginia_Headquarters.jpg
| image_upright = 1.2
| image_caption = Headquarters in Crystal City, Virginia
| type = Public
| traded_as = {{unbulleted list
|{{NYSE|BA}}
|DJIA component
|S&P 100 component
|S&P 500 component
}}
| industry = Aerospace
| founder = William E. Boeing
| defunct =
| area_served = Worldwide
| key_people = {{Unbulleted list
| Kelly Ortberg (president and CEO)
| Steve Mollenkopf (chair)
}}
| products =
| production = {{unbulleted list
| {{decrease}} 348 commercial aircraft,
| {{decrease}} 110 military aircraft,
| {{decrease}} 2 satellites (2024)
}}
| services =
| revenue = {{decrease}} {{US$|66.5|link=yes}}{{nbsp}}billion
| revenue_year = 2024
| operating_income = {{decrease}} −{{US$|10.7}}{{nbsp}}billion
| income_year = 2024
| net_income = {{decrease}} −{{US$|11.8}}{{nbsp}}billion
| net_income_year = 2024
| assets = {{increase}} {{US$|156.4}}{{nbsp}}billion
| assets_year = 2024
| equity = {{increasenegative}} −{{US$|3.9}}{{nbsp}}billion
| equity_year = 2024
| num_employees = {{increase}} 172,000
| num_employees_year = 2024
| parent =
| divisions = {{unbulleted list
}}
| subsid = {{unbulleted list
}}
| caption =
| founded = {{Start date and age|1916|07|15}}, in Seattle
| location =
| location_city = Crystal City, Virginia
| location_country = U.S.
| locations =
| website = {{URL|https://boeing.com}}
| footnotes = Financials {{as of|2024|12|31|df=US|lc=y}}
References:{{cite web | url=https://www.boeing.com/company/general-info/#/employment-data | publisher=Boeing | title=General Information | access-date=March 25, 2024 | archive-date=April 20, 2015 | archive-url=https://archive.today/20150420194558/http://www.boeing.com/company/general-info/#/employment-data | url-status=live }}{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/0000012927/000001292725000015/ba-20241231.htm |title=The Boeing Co. 2024 Annual Report (Form 10-K) |date=February 3, 2025 |publisher=U.S. Securities and Exchange Commission |access-date=February 3, 2025 }}
}}
The Boeing Company, or simply Boeing ({{IPAc-en|ˈ|b|oʊ|ɪ|ŋ}}), is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide.{{Cite web |last=Bernal |first=Kyle |date=December 23, 2022 |title=What Are the Top Boeing Government Contracts? |url=https://executivegov.com/articles/what-are-the-top-boeing-government-contracts |website=executivegov.com |access-date=June 8, 2023 |language=en-US |archive-date=June 14, 2023 |archive-url=https://web.archive.org/web/20230614003732/https://executivegov.com/articles/what-are-the-top-boeing-government-contracts/ |url-status=live }} The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue{{Cite web |title=The SIPRI Top 100 arms-producing and military services companies in the world, 2022 |publisher=SIPRI |url=https://www.sipri.org/visualizations/2023/sipri-top-100-arms-producing-and-military-services-companies-world-2022 |access-date=2024-02-16 |language=en |archive-date=March 7, 2024 |archive-url=https://web.archive.org/web/20240307215359/https://www.sipri.org/visualizations/2023/sipri-top-100-arms-producing-and-military-services-companies-world-2022 |url-status=live }} and is the largest exporter in the United States by dollar value.{{Cite news |url=https://www.usatoday.com/money/industries/manufacturing/2009-03-25-boeing-recession_N.htm |title=Boeing says it's flying high despite recession |archiveurl=https://web.archive.org/web/20120111124655/http://www.usatoday.com/money/industries/manufacturing/2009-03-25-boeing-recession_N.htm |archivedate=January 11, 2012 |newspaper=USA Today |date=March 27, 2009}} Boeing was founded by William E. Boeing in Seattle, Washington, on July 15, 1916.{{cite web |url=https://www.boeing.com/resources/boeingdotcom/history/pdf/Boeing_Chronology.pdf |title=Boeing history chronology |website=Boeing |archive-url=https://web.archive.org/web/20180508151641/http://www.boeing.com/resources/boeingdotcom/history/pdf/Boeing_Chronology.pdf |archive-date=May 8, 2018 |url-status=live}} The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997.
As of 2023, the Boeing Company's corporate headquarters is located in the Crystal City neighborhood of Arlington County, Virginia.{{cite web |last=Hansen |first=Drew |date=February 21, 2023 |title=Boeing offers CEO Dave Calhoun more than $5M in additional stock awards to stay on |url=https://www.bizjournals.com/washington/news/2023/02/21/boeing-dave-calhoun-compensation.html |publisher=American City Business Journals |access-date=April 9, 2023 |archive-date=May 14, 2023 |archive-url=https://web.archive.org/web/20230514152138/https://www.bizjournals.com/washington/news/2023/02/21/boeing-dave-calhoun-compensation.html |url-status=live }} The company is organized into three primary divisions: Boeing Commercial Airplanes (BCA), Boeing Defense, Space & Security (BDS), and Boeing Global Services (BGS). In 2021, Boeing recorded $62.3{{nbsp}}billion in sales.{{cite web |url=https://www.statista.com/statistics/264374/boeings-worldwide-revenue/ |title=Boeing's worldwide revenue from FY 2007 to FY 2021 |date=February 3, 2023 |publisher=Statista |access-date=April 25, 2023 |archive-date=April 27, 2023 |archive-url=https://web.archive.org/web/20230427043714/https://www.statista.com/statistics/264374/boeings-worldwide-revenue/ |url-status=live }} Boeing is ranked 54th on the Fortune 500 list (2020),{{cite web |url=http://fortune.com/fortune500/boeing/ |title=Boeing |website=Fortune |language=en-US |access-date=July 22, 2021 |archive-date=June 30, 2017 |archive-url=https://web.archive.org/web/20170630173450/http://fortune.com/fortune500/boeing/ |url-status=live}} and ranked 121st on the Fortune Global 500 list (2020).{{cite web |url=https://fortune.com/global500/2020/search/?name=boeing |title=Boeing |website=Fortune |language=en-US |access-date=September 26, 2020 |archive-date=November 16, 2021 |archive-url=https://web.archive.org/web/20211116191448/https://fortune.com/global500/2020/search/?name=boeing |url-status=live}}
History
{{main|History of Boeing}}
= Origins =
The Boeing Company started in 1916, when American lumber industrialist William E. Boeing founded Pacific Aero Products Company in Seattle, Washington. Shortly before doing so, he and Conrad Westervelt created the "B&W" seaplane.{{cite web |url=https://www.aerotime.aero/articles/32338-story-of-boeing-from-single-plane-to-aerospace-giant |title=The story of Boeing: from single plane to aerospace giant |website=aerotime.aero |language=en |access-date=May 3, 2023 |date=October 11, 2022 |first=Gabriele |last=Petrauskaite |archive-date=May 3, 2023 |archive-url=https://web.archive.org/web/20230503063832/https://www.aerotime.aero/articles/32338-story-of-boeing-from-single-plane-to-aerospace-giant |url-status=live }} In 1917, the organization was renamed Boeing Airplane Company, with William Boeing forming Boeing Airplane & Transport Corporation in 1928.{{Cite web |url=https://www.historylink.org/file/8023 |title=Boeing, William Edward (1881–1956) |work=HistoryLink |first1=John |last1=Schultz |first2=David |last2=Wilma |publication-date=December 21, 2006 |access-date=January 8, 2024 |archive-date=February 4, 2024 |archive-url=https://web.archive.org/web/20240204065512/https://www.historylink.org/File/8023 |url-status=live }} In 1929, the company was renamed United Aircraft and Transport Corporation, followed by the acquisition of several aircraft makers such as Avion, Chance Vought, Sikorsky Aviation, Stearman Aircraft, Pratt & Whitney, and Hamilton Metalplane.
In 1931, the group merged its four smaller airlines into United Airlines. In 1934, aircraft manufacturing was required to be separate from air transportation.{{cite web |url=https://www.britannica.com/topic/United-Airlines |title=United Airlines {{!}} American corporation |website=Encyclopedia Britannica |language=en |access-date=January 24, 2020 |archive-date=May 10, 2020 |archive-url=https://web.archive.org/web/20200510035622/https://www.britannica.com/topic/United-Airlines |url-status=live}} Therefore, Boeing Airplane Company became one of three major groups to arise from the dissolution of United Aircraft and Transport; the other two entities were United Aircraft (later United Technologies) and United Airlines.
In 1960, the company bought Vertol Aircraft Corporation, which at the time, was the biggest independent manufacturer of helicopters.{{cite web |url=https://yucommentator.org/2019/12/crash-landing/ |title=Crash Landing |date=December 22, 2019 |website=The Commentator |access-date=January 24, 2020 |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727030644/https://yucommentator.org/2019/12/crash-landing/ |url-status=live}} During the 1960s and 1970s, the company diversified into industries such as outer space travel, marine craft, agriculture, energy production and transit systems.
= Sea Launch =
In 1995, Boeing partnered with Russian, Ukrainian, and Anglo-Norwegian organizations to create Sea Launch, a company providing commercial launch services sending satellites to geostationary orbit from floating platforms.{{cite web |url=http://www.spacedaily.com/reports/What_Happened_to_Sea_Launch_999.html |title=What Happened to Sea Launch |website=Space Daily |access-date=January 24, 2020 |archive-date=December 14, 2018 |archive-url=https://web.archive.org/web/20181214012227/http://www.spacedaily.com/reports/What_Happened_to_Sea_Launch_999.html |url-status=live}} In 2000, Boeing acquired the satellite segment of Hughes Electronics.{{cite web |first1=Stanley I. |last1=Weiss |first2=Amir R. |last2=Amir |url=https://www.britannica.com/topic/Boeing-Company |title=Boeing Company – Description, History, & Aircraft |website=Encyclopedia Britannica |archive-url=https://web.archive.org/web/20190718204814/https://www.britannica.com/topic/Boeing-Company |archive-date=July 18, 2019 |url-status=live}}{{cite news |url=https://www.nytimes.com/2000/01/13/business/3.75-billion-boeing-hughes-satellite-deal-expected.html |archive-url=https://web.archive.org/web/20150503031125/http://www.nytimes.com/2000/01/13/business/3.75-billion-boeing-hughes-satellite-deal-expected.html |archive-date=May 3, 2015 |url-access=subscription |url-status=live |title=$3.75 Billion Boeing-Hughes Satellite Deal Expected |last=Pollack |first=Andrew |date=January 13, 2000 |work=The New York Times |access-date=January 24, 2020 |language=en-US |issn=0362-4331}}
= Merger with McDonnell Douglas =
In December 1996, Boeing announced its intention to merge with McDonnell Douglas, which, following regulatory approval, was completed on August 4, 1997.{{cite news |last=Skapinker |first=Michael |date=August 5, 1997 |title= Boeing completes McDonnell Douglas takeover |work=Financial Times |location=London}} The delay was caused by objections from the European Commission, which ultimately placed three conditions on the merger: exclusivity agreements with three US airlines would be terminated, separate accounts would be maintained for the McDonnell-Douglas civil aircraft business, and some defense patents were to be made available to competitors.{{cite news |last=Skapinker |first=Michael |date=September 23, 1997 |title=World's skies are dominated by US |work=Financial Times |location=London}} In 2020, Quartz reported that after the merger there was a "clash of corporate cultures, where Boeing's engineers and McDonnell Douglas's bean-counters went head-to-head", which the latter won, and that this may have contributed to the events leading up to the 737 MAX crash crisis.{{Cite news |title=The 1997 merger that paved the way for the Boeing 737 Max crisis |last=Frost |first=Natasha |website=yahoo!finance |publisher=Originally published by Quartz |date=January 3, 2020 |url=https://finance.yahoo.com/news/1997-merger-paved-way-boeing-090042193.html |access-date=February 22, 2022 |archive-date=February 22, 2022 |archive-url=https://web.archive.org/web/20220222184520/https://finance.yahoo.com/news/1997-merger-paved-way-boeing-090042193.html |url-status=live}}
= Corporate headquarters moves =
Boeing's corporate headquarters moved from Seattle to Chicago in 2001.{{cite web |url=https://www.kiro7.com/news/local/on-this-day-boeing-moves-corporate-headquarters-to-chicago-in-2001/827067193/ |title=On this day: Boeing moves corporate headquarters to Chicago in 2001 |last=Historylink.org |first=David Wilma |website=KIRO |date=September 4, 2018 |language=en-US |access-date=January 24, 2020 |archive-date=September 10, 2019 |archive-url=https://web.archive.org/web/20190910013026/https://www.kiro7.com/news/local/on-this-day-boeing-moves-corporate-headquarters-to-chicago-in-2001/827067193 |url-status=live}} In 2018, the company opened its first factory in Europe at Sheffield, UK, reinforced by a research partnership with the University of Sheffield.{{Cite press release |editor-last1=Barton |editor-first1=Sean |url=https://www.sheffield.ac.uk/news/boeing-and-university-sheffield-amrc-renew-partnership-five-more-years |title=Boeing and University of Sheffield AMRC renew partnership for five more years |publisher=University of Sheffield |date=February 4, 2021 |access-date=January 8, 2024 |archive-date=January 8, 2024 |archive-url=https://web.archive.org/web/20240108025227/https://www.sheffield.ac.uk/news/boeing-and-university-sheffield-amrc-renew-partnership-five-more-years |url-status=live }}
In May 2020, the company cut over 12,000 jobs due to the drop in air travel during the COVID-19 pandemic with plans for a total 10% cut of its workforce or approximately 16,000 positions.{{cite news |url=https://www.npr.org/sections/coronavirus-live-updates/2020/05/27/863289761/boeing-cuts-more-than-12-000-jobs-due-to-drop-in-air-travel |title=Boeing Cuts More Than 12,000 Jobs Due To Drop In Air Travel |newspaper=NPR |last=Schaper |first=David |date=May 27, 2020 |access-date=July 29, 2020 |archive-date=July 27, 2020 |archive-url=https://web.archive.org/web/20200727010525/https://www.npr.org/sections/coronavirus-live-updates/2020/05/27/863289761/boeing-cuts-more-than-12-000-jobs-due-to-drop-in-air-travel |url-status=live}} In July 2020, Boeing reported a loss of $2.4 billion as a result of the pandemic and the Boeing 737 MAX groundings, and that it was in response planning to make more job and production cuts.{{cite news |url=https://www.wsj.com/articles/boeing-plans-deeper-job-and-production-cuts-11596024925?mod=business_lead_pos3 |title=Boeing Plans Deeper Job and Production Cuts |work=The Wall Street Journal |last1=Cameron |first1=Doug |last2=Tangel |first2=Andrew |date=July 29, 2020 |access-date=July 29, 2020 |archive-date=July 29, 2020 |archive-url=https://web.archive.org/web/20200729212749/https://www.wsj.com/articles/boeing-plans-deeper-job-and-production-cuts-11596024925?mod=business_lead_pos3 |url-status=live}} On August 18, 2020, CEO Dave Calhoun announced further job cuts;{{cite web |first=Chris |last=Isidore |title=Boeing plans more job cuts on top of 16,000 announced this spring |url=https://www.cnn.com/2020/08/18/business/boeing-more-job-cuts/index.html |access-date=August 18, 2020 |website=CNN |date=August 18, 2020 |archive-date=August 18, 2020 |archive-url=https://web.archive.org/web/20200818202931/https://www.cnn.com/2020/08/18/business/boeing-more-job-cuts/index.html |url-status=live}} on October 28, 2020, nearly 30,000 employees were laid off, as the airplane manufacturer was increasingly losing money due to the COVID-19 pandemic.{{cite news |url= https://www.npr.org/sections/coronavirus-live-updates/2020/10/28/928884032/citing-devastating-pandemic-impact-boeing-to-lay-off-7-000-more-workers |title= Citing 'Devastating' Pandemic Impact, Boeing To Lay Off 7,000 More Workers |access-date= October 28, 2020 |website= NPR |date= October 28, 2020 |last1= Schaper |first1= David |archive-date= November 1, 2020 |archive-url= https://web.archive.org/web/20201101133848/https://www.npr.org/sections/coronavirus-live-updates/2020/10/28/928884032/citing-devastating-pandemic-impact-boeing-to-lay-off-7-000-more-workers |url-status= live}}
In May 2022, Boeing announced plans to transfer its global headquarters from Chicago to Arlington, Virginia, a suburb of Washington, D.C. The company said that this decision was made in part to concentrate on its defense work with "proximity to our customers and stakeholders".{{cite web |url=https://boeing.mediaroom.com/2022-05-05-Boeing-Names-Northern-Virginia-Office-Its-Global-Headquarters-Establishes-Research-Technology-Hub |title=Boeing Names Northern Virginia Office Its Global Headquarters; Establishes Research & Technology Hub |website=Boeing |language=en-US |access-date=May 5, 2022 |archive-date=May 5, 2022 |archive-url=https://web.archive.org/web/20220505235114/https://boeing.mediaroom.com/2022-05-05-Boeing-Names-Northern-Virginia-Office-Its-Global-Headquarters-Establishes-Research-Technology-Hub |url-status=live}}{{cite news |url=https://www.washingtonpost.com/transportation/2022/05/05/boeing-headquarters-chicago-arlington/ |title=Boeing to move headquarters from Chicago to Arlington, Va. |date=May 5, 2022 |first1=Taylor |last1=Telford |first2=Ian |last2=Duncan |first3=Laura |last3=Vozzella |first4=Teo |last4=Armus |newspaper=The Washington Post |place=Washington, D.C. |issn=0190-8286 |oclc=1330888409 |access-date=July 4, 2022 |archive-date=May 6, 2022 |archive-url=https://web.archive.org/web/20220506062159/https://www.washingtonpost.com/transportation/2022/05/05/boeing-headquarters-chicago-arlington/ |url-status=live}} After the January 2024 Alaska Airlines Flight 1282 and other incidents, one shareholder proposed relocating the corporate headquarters back to the Seattle area in hopes of getting engineering and quality control teams on-site access to key decision-makers. Boeing's board soundly dismissed the attempt.{{Cite web |last=Syme |first=Pete |title=Boeing's board shut down a shareholder's bid to move its headquarters back to Seattle |url=https://www.businessinsider.com/boeing-board-shuts-down-shareholder-bid-to-move-hq-back-to-seattle-2024-2 |access-date=2024-03-12 |website=Business Insider |language=en-US |quote=Federal Aviation Administration released the findings of its resulting investigation into Boeing ... said there is "a disconnect between Boeing's senior management and other members of the organization on safety culture." Many critics have pointed to Boeing moving its headquarters to Chicago in 2001 as the start of a decline. The company is now headquartered in Virginia, and the 737 Max factory is near Seattle. |archive-date=March 12, 2024 |archive-url=https://web.archive.org/web/20240312025425/https://www.businessinsider.com/boeing-board-shuts-down-shareholder-bid-to-move-hq-back-to-seattle-2024-2 |url-status=live }}{{Cite web |date=2024-02-26 |title=Boeing board blocks shareholder push to bring HQ back to Seattle |url=https://www.seattletimes.com/business/boeing-aerospace/boeing-board-blocks-shareholder-push-to-bring-hq-back-to-seattle/ |access-date=2024-03-12 |website=The Seattle Times |language=en-US |archive-date=March 12, 2024 |archive-url=https://web.archive.org/web/20240312025425/https://www.seattletimes.com/business/boeing-aerospace/boeing-board-blocks-shareholder-push-to-bring-hq-back-to-seattle/ |url-status=live }}
In February 2023, Boeing announced plans for laying off approximately 2,000 of its workers from finances and human resources.{{cite news |url=https://www.bbc.com/news/business-64549761 |title=Boeing: Plane maker plans to cut 2,000 office jobs this year |date=February 7, 2023 |publisher=BBC News |access-date=February 7, 2023 |archive-date=February 7, 2023 |archive-url=https://web.archive.org/web/20230207062007/https://www.bbc.com/news/business-64549761 |url-status=live }}
In May 2023, Boeing acquired autonomous eVTOL air taxi startup Wisk Aero.{{cite news |last=Root |first=Al |date=May 31, 2023 |title= Boeing Buys Self-Driving Air Taxi Start-Up Wisk |url=https://www.barrons.com/articles/boeing-air-taxi-acquisition-5ac7c6ef |work=Barron's |archive-url=https://archive.today/20230601163230/https://www.barrons.com/amp/articles/boeing-air-taxi-acquisition-5ac7c6ef |archive-date=June 1, 2023 |url-status=live}}
In June 2024, Boeing agreed to re-acquire Spirit AeroSystems, its longtime supplier of airplane parts, which had been established in 2005 when Boeing spun-off its Wichita division to an investment firm. The deal was initially discussed in March of the same year before being closed on June 30 at $4.7 billion.{{cite web |last1=Josephs |first1=Leslie |title=Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal |url=https://www.cnbc.com/2024/07/01/boeing-to-buy-spirit-aerosystems.html |website=CNBC |access-date=6 July 2024 |language=en |date=1 July 2024}}
= Labor strike =
{{see also|2024 Boeing machinists strike}}
On September 12, 2024, a vote was held among Boeing machinist workers who are also members of the International Association of Machinists and Aerospace Workers (IAM) labor union, with 94.6% of participating members rejected a contract offer that the union's bargaining committee had endorsed, with 96% voting to strike.{{cite news |url=https://apnews.com/article/boeing-strike-machinists-contract-9f61a7d48675d1c3517233d40d4ec2b1|title=Striking Boeing factory workers say they are ready to hold out for a better contract|first1=David|last1=Koenig|first2=Manuel|last2=Valdes|first3=Lindsey|last3=Wasson|publisher=Associated Press|date=September 13, 2024|accessdate=September 13, 2024}} At 12:01 am on September 13, Boeing workers went on strike for the first time since 2008.{{cite news|url=https://www.cnbc.com/2024/09/13/boeing-workers-strike-reject-contract.html|title=Boeing factory workers strike for first time since 2008 after overwhelmingly rejecting contract|first=Leslie|last=Josephs|publisher=CNBC|date=September 13, 2024|accessdate=September 13, 2024}}
On October 12, 2024, the company announced plans to cut 17,000 jobs, about 10% of its global workforce, "to align with our financial reality". It would also delay the first deliveries of its 777X airliner by a year and recorded $5 billion in losses in the third quarter of the year.{{cite news |url=https://www.theguardian.com/business/2024/oct/11/boeing-job-cuts-worker-strike-plane-safety |title=Boeing to cut 17,000 jobs amid worker strike and crisis over plane safety |first=Callum |last=Jones |date=October 11, 2024 |newspaper=The Guardian}}{{cite web |url=https://www.reuters.com/business/aerospace-defense/boeing-cut-17000-jobs-delay-first-777x-delivery-strike-hits-finances-2024-10-11/ |title=Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances |work=Reuters |first1=Allison |last1=Lampert |first2=David |last2=Shepardson |date=October 14, 2024 |access-date=November 3, 2024}} On October 28, Boeing initiated a significant share sale, valued at nearly $19 billion, to address cash-flow issues and avoid a potential downgrade to junk status.{{Citation |title=Watch Boeing Launches $19 Billion Share Sale to Thwart Downgrade |website= Bloomberg |date=2024-10-28 |url=https://www.bloomberg.com/news/videos/2024-10-28/boeing-launches-19b-share-sale-to-thwart-downgrade-video |access-date=2024-10-30}}
On November 1, 2024, the IAM endorsed an improved contract offer which would see a 38% pay rise over four years, a $12,000 ratification bonus, and the reinstatement of an annual bonus scheme.{{Cite news |last=Simpson |first=Jack |date=2024-11-01 |title=Union urges striking Boeing workers to back improved pay offer |url=https://www.theguardian.com/business/2024/oct/31/boeing-workers-strike-pay-raise-bonus-vote |access-date=2024-11-01 |work=The Guardian |language=en-GB |issn=0261-3077}} On November 5, 2024, Boeing workers accepted the pay deal, ending a seven-week-long walk out.{{Cite web |date=2024-11-05 |title=Boeing workers end 7-week strike after 38% pay rise deal |url=https://www.bbc.co.uk/news/articles/c0mz9ml473mo |access-date=2024-11-06 |website=BBC News |language=en-GB}}
Divisions
File:Boeing Plant in Renton, 5-18-2010 (4622746048).jpg in the Boeing Renton Factory]]
The company's three divisions are: Commercial Airplanes; Defense, Space & Security; and Global Services.{{cite web |url=http://www.boeing.com/company/general-info/ |title=Boeing in Brief |publisher=Boeing |access-date=August 28, 2019 |archive-url=https://web.archive.org/web/20160218224524/http://www.boeing.com/company/general-info |archive-date=February 18, 2016 |url-status=live}}
- Boeing Commercial Airplanes (BCA) builds commercial aircraft including the 737, 767, 777, and 787 along with freighter and business jet variants of most. The division employs nearly 35,000 people, many working at the company's manufacturing facilities in Everett and Renton, Washington (outside of Seattle), and South Carolina.
- Boeing Defense, Space & Security (BDS) builds military airplanes, rotorcraft, and missiles, as well as space systems for both commercial and military customers, including satellites, spacecraft, and rockets.
- Boeing Global Services (BGS) provides aftermarket support, such as maintenance and upgrades, to customers who purchase equipment from BCA, BDS, or other manufacturers.
Safety defects and airplane crashes
{{see also|Boeing manufacturing and design issues}}
= Boeing 737 MAX crashes and groundings =
{{main|Boeing 737 MAX groundings}}
File:Lion Air Boeing 737-MAX8; @CGK 2018 (31333957778).jpg
File:Ethiopian Airlines ET-AVJ takeoff.jpg
In 2018 and 2019, two Boeing 737 MAX narrow-body passenger airplanes crashed, leaving 346 people dead and no survivors. In response, aviation regulators and airlines around the world grounded all 737 MAX airliners.{{cite news |title= Boeing Scrambles to Contain Fallout From Deadly Ethiopia Crash |work= The New York Times |url= https://www.nytimes.com/2019/03/11/business/ethiopian-airline-crash.html |agency= The New York Times |date= March 12, 2019 |access-date= July 2, 2019 |archive-url= https://web.archive.org/web/20190606021034/https://www.nytimes.com/2019/03/11/business/ethiopian-airline-crash.html |archive-date= June 6, 2019 |url-status= live|last1= Gelles |first1= David |last2= Kitroeff |first2= Natalie |last3= Ahmed |first3= Hadra }} A total of 387 aircraft were grounded.{{cite web |url=https://www.flightradar24.com/blog/where-the-grounded-737-max-are-stored/ |title=Where the grounded 737 MAX are stored |date=March 16, 2019 |publisher=Flightradar24 Blog |access-date=March 17, 2019 |archive-url=https://web.archive.org/web/20190606085511/https://www.flightradar24.com/blog/where-the-grounded-737-max-are-stored/ |archive-date=June 6, 2019 |url-status=live}} Boeing's reputation, business, and financial rating suffered after the groundings, as Boeing's strategy, governance, and focus on profits and cost efficiency were questioned.{{cite web |url=https://www.wsj.com/articles/faa-wants-to-increase-bear-strap-inspections-in-certain-boeing-planes-11570045320 |title=Boeing Prioritized Costs Over Safety, Engineer Alleges |first1=Andrew |last1=Tangel |first2=Andy |last2=Pasztor |date=October 2, 2019 |work=WSJ |access-date=October 23, 2019 |archive-url=https://web.archive.org/web/20191015144609/https://www.wsj.com/articles/faa-wants-to-increase-bear-strap-inspections-in-certain-boeing-planes-11570045320 |archive-date=October 15, 2019 |url-status=live}}{{cite news |title= Boeing's credit-rating outlook downgraded by S&P Global |url= https://www.marketwatch.com/story/boeings-credit-rating-outlook-downgraded-by-sp-global-2019-10-22 |publisher= MarketWatch |first=Claudia |last=Assis |date= October 22, 2019 |access-date= October 23, 2019 |archive-url= https://web.archive.org/web/20191023141200/https://www.marketwatch.com/story/boeings-credit-rating-outlook-downgraded-by-sp-global-2019-10-22 |archive-date= October 23, 2019 |url-status= live}}{{cite news |title=Boeing survey showed employees felt pressure from managers on safety approvals |url=https://www.cnbc.com/2019/10/20/boeing-survey-shows-safety-workers-felt-pressure-from-managers-report.html |work=CNBC |first1=Leslie |last1=Josephs |first2=Thomas |last2=Franck |date=October 22, 2019 |access-date=October 23, 2019 |archive-url=https://web.archive.org/web/20191023142702/https://www.cnbc.com/2019/10/20/boeing-survey-shows-safety-workers-felt-pressure-from-managers-report.html |archive-date=October 23, 2019 |url-status=live}} In 2022, Netflix released an exposé, Downfall: The Case Against Boeing, claiming Boeing's corporate merger with McDonnell Douglas led to the crashes through a disintegration of workplace morale.{{Cite news |first=Harry III |last=Hurt |author1-link=Harry Hurt III |date=November 20, 2010 |url=https://www.nytimes.com/2010/11/21/business/21shelf.html |title=The Pain of Change at Boeing |newspaper=The New York Times |access-date=January 8, 2024 |archive-date=January 8, 2024 |archive-url=https://web.archive.org/web/20240108021447/https://www.nytimes.com/2010/11/21/business/21shelf.html |url-status=live }}{{Cite web |last1=Frost |first1=Natasha |date=January 3, 2020 |url=https://qz.com/1776080/how-the-mcdonnell-douglas-boeing-merger-led-to-the-737-max-crisis |title=The 1997 merger that paved the way for the Boeing 737 Max crisis |work=Quartz (publication) |access-date=January 8, 2024 |archive-date=January 8, 2024 |archive-url=https://web.archive.org/web/20240108021447/https://qz.com/1776080/how-the-mcdonnell-douglas-boeing-merger-led-to-the-737-max-crisis |url-status=live }}{{Cite web |last1=Smart |first1=Jon |date=January 28, 2021 |url=https://itrevolution.com/articles/lack-of-psychological-safety-at-boeing/ |title=Lack of Psychological Safety at Boeing |website=itrevolution.com |access-date=January 8, 2024 |archive-date=January 8, 2024 |archive-url=https://web.archive.org/web/20240108021453/https://itrevolution.com/articles/lack-of-psychological-safety-at-boeing/ |url-status=live }}
In June 2020, the Federal Aviation Administration found several 737 MAX defects that Boeing deferred to fix, in violation of regulations.{{cite web |date=July 9, 2020 |title=FAA Probing Boeing's Alleged Pressure on Designated Inspectors |url=https://www.bnnbloomberg.ca/faa-probing-boeing-s-alleged-pressure-on-designated-inspectors-1.1463003 |access-date=July 30, 2020 |website=BNN Bloomberg |archive-date=September 15, 2020 |archive-url=https://web.archive.org/web/20200915175131/https://www.bnnbloomberg.ca/faa-probing-boeing-s-alleged-pressure-on-designated-inspectors-1.1463003 |url-status=live }} In September 2020, the U.S. House of Representatives concluded its own investigation and cited numerous instances where Boeing dismissed employee concerns with a 737 MAX flight stabilizing feature (MCAS) that caused the two fatal accidents, prioritized deadline and budget constraints over safety, and lacked transparency in disclosing essential information to the FAA. It further found that the assumption that simulator training would not be necessary had "diminished safety, minimized the value of pilot training, and inhibited technical design improvements".{{cite web |date=September 15, 2020 |title=Final Committee Report on the Design, Development, and Certification of the Boeing 737 MAX |url=https://transportation.house.gov/download/20200915-final-737-max-report-for-public-release&download=1 |publisher=The House Committee on Transportation and Infrastructure |page=141}}{{Dead link |date=October 2023 |bot=InternetArchiveBot |fix-attempted=yes}} On January 7, 2021, Boeing settled to pay over $2.5 billion after being charged with fraud over the company's hiding of information from the safety regulators: a criminal monetary penalty of $243.6 million, $1.77 billion of damages to airline customers, and a $500 million crash-victim beneficiaries fund.{{Cite web |last1=Josephs |first1=Leslie |date=January 7, 2021 |url=https://www.cnbc.com/2021/01/07/doj-fines-boeing-over-2point5-billion-charges-it-with-fraud-conspiracy-over-737-max-crashes.html |title=Boeing to pay more than $2.5 billion to settle criminal conspiracy charge over 737 Max |work=CNBC |access-date=January 8, 2024 |archive-date=January 8, 2024 |archive-url=https://web.archive.org/web/20240108022431/https://www.cnbc.com/2021/01/07/doj-fines-boeing-over-2point5-billion-charges-it-with-fraud-conspiracy-over-737-max-crashes.html |url-status=live }}
In September 2022, Boeing was ordered to pay a further $200 million over charges of misleading investors about safety issues related to these crashes.{{cite news |date=September 23, 2022 |title=737 MAX: Boeing to pay $200m over charges it misled investors |publisher=BBC News |url=https://www.bbc.com/news/business-63003632 |access-date=September 23, 2022 |archive-date=September 23, 2022 |archive-url=https://web.archive.org/web/20220923030033/https://www.bbc.com/news/business-63003632 |url-status=live }} In March 2023, Boeing disputed in court filings that the victims of Ethiopian Airlines Flight 302 (2019 crash) experienced any pain and suffering in the final six minutes as the plane was nosediving into the ground, arguing that an impact at the "speed of sound" would have died too quickly to be painful. Boeing's claim was described as "preposterous" by HuffPost:{{cite news |url=https://www.huffpost.com/entry/boeing-737-crash-pain-suffering-damages_n_641373e2e4b00c3e6072bda5 |title=Did Victims In 737 Max Crash Suffer Before They Died? Boeing Lawyers Say No. |date=March 17, 2023 |work=HuffPost |access-date=March 19, 2023 |archive-date=March 19, 2023 |archive-url=https://web.archive.org/web/20230319013151/https://www.huffpost.com/entry/boeing-737-crash-pain-suffering-damages_n_641373e2e4b00c3e6072bda5 |url-status=live}}
{{Blockquote|Passengers aboard the plane, the plaintiffs argued in court, "undeniably suffered horrific emotional distress, pain and suffering, and physical impact/injury while they endured extreme G-forces, braced for impact, knew the airplane was malfunctioning, and ultimately plummeted nose-down to the ground at terrifying speed".}}
While the investigations into the crashes of the 737 MAX were proceeding, the Boeing 777X, the company's largest capacity twin jet and the largest ever built, made its maiden flight on January 25, 2020,{{cite web |last=Josephs |first=Leslie |date=January 25, 2020 |title=Boeing's 777X, the world's largest twin-engine jet, completes maiden flight |url=https://www.cnbc.com/2020/01/25/boeings-777x-largest-ever-twin-engine-jet-takes-off-in-maiden-flight.html |website=CNBC |language=en |access-date=December 27, 2020 |archive-date=November 28, 2020 |archive-url=https://web.archive.org/web/20201128074413/https://www.cnbc.com/2020/01/25/boeings-777x-largest-ever-twin-engine-jet-takes-off-in-maiden-flight.html |url-status=live}} but also experienced problems. Following an incident during flight testing in 2021, the estimated first delivery of the aircraft was delayed until 2024.{{cite news |last=Gates |first=Dominic |date=June 27, 2021 |title=Citing a serious flight test incident and lack of design maturity, FAA slows Boeing 777X certification |work=The Seattle Times |url=https://www.seattletimes.com/business/boeing-aerospace/citing-a-serious-flight-test-incident-and-lack-of-design-maturity-faa-slows-boeing-777x-certification/ |access-date=June 27, 2021 |archive-date=June 12, 2022 |archive-url=https://web.archive.org/web/20220612173406/https://www.seattletimes.com/business/boeing-aerospace/citing-a-serious-flight-test-incident-and-lack-of-design-maturity-faa-slows-boeing-777x-certification/ |url-status=live}} After further technical problems were discovered in the aircraft in 2022, the release was delayed again until 2025, six years after the original date.{{Cite web |last=Meier |first=Ricardo |date=November 30, 2022 |title=Boeing acknowledges 777X engine problem after grounding flights two months ago |url=https://www.airdatanews.com/boeing-acknowledges-777x-engine-problem-after-grounding-flights-two-months-ago/ |access-date=January 7, 2024 |website=Air Data News |language=en-US |archive-date=March 18, 2024 |archive-url=https://web.archive.org/web/20240318071026/https://www.airdatanews.com/boeing-acknowledges-777x-engine-problem-after-grounding-flights-two-months-ago/ |url-status=live }}{{Cite web |title=Emirates' Clark: No A380 or B747 will lead to rising fares |url=https://www.aerotime.aero/articles/32785-emirates-tim-clark-future-a380-operation-interview |access-date=January 7, 2024 |website= aerotime.aero |date=November 29, 2022 |language=en}}
= Alaska Airlines Flight 1282 =
{{main|Alaska Airlines Flight 1282}}
File:N704AL 2023-10-28 KBFI.jpg
On January 5, 2024, on Alaska Airlines Flight 1282, a door plug blowout{{Cite news |first1=Colbi |last1=Edmonds |first2=Rebecca |last2=Carballo |date=January 7, 2024 |url=https://www.nytimes.com/2024/01/07/us/alaska-airlines-boeing-passengers.html |title=The Frightful Minutes Aboard Flight 1282 |newspaper=The New York Times |url-access=subscription |access-date=January 8, 2024 |archive-date=January 8, 2024 |archive-url=https://web.archive.org/web/20240108223409/https://www.nytimes.com/2024/01/07/us/alaska-airlines-boeing-passengers.html |url-status=live }}{{Cite web |last1=Sephton |first1=Connor |date=January 7, 2024 |url=https://news.sky.com/story/alaska-airlines-blowout-170-planes-grounded-after-dramatic-mid-air-incident-on-new-aircraft-stuns-aviation-experts-13043399 |title=Alaska Airlines blowout: 197 planes grounded after dramatic mid-air incident on new aircraft stuns aviation experts |work=Sky News |access-date=January 7, 2024 |archive-date=January 7, 2024 |archive-url=https://web.archive.org/web/20240107113904/https://news.sky.com/story/alaska-airlines-blowout-170-planes-grounded-after-dramatic-mid-air-incident-on-new-aircraft-stuns-aviation-experts-13043399 |url-status=live }} occurred on a 737 MAX 9 jetliner after the plane had reached just over 16,000 feet, leaving a door-sized hole in the fuselage and the aircraft made an emergency landing at Portland International Airport successfully with several people onboard injured, although all had subsequently been "medically cleared".{{Cite web |date=2024-01-18 |title=Information about Alaska Airlines Flight 1282 |url=https://news.alaskaair.com/alaska-airlines/operations/as-1282/ |access-date=2024-01-20 |website=Alaska Airlines News |language=en-US |archive-date=January 6, 2024 |archive-url=https://web.archive.org/web/20240106075153/https://news.alaskaair.com/alaska-airlines/operations/as-1282/ |url-status=live }} The FAA mandated immediate inspections of all 737 MAX 9s fitted with door plugs, thereby grounding 171 aircraft.{{Cite news |last=Federal Aviation Authority |first=The |title=FAA Statement on Temporary Grounding of Certain Boeing 737 MAX 9 Aircraft |url=https://www.faa.gov/newsroom/faa-statement-temporary-grounding-certain-boeing-737-max-9-aircraft |access-date=January 7, 2024 |archive-date=January 7, 2024 |archive-url=https://web.archive.org/web/20240107052133/https://www.faa.gov/newsroom/faa-statement-temporary-grounding-certain-boeing-737-max-9-aircraft |url-status=live }}{{Cite news |first1=Audrey |last1=McAvoy |first2=David |last2=Koenig |date=January 7, 2024 |url=https://apnews.com/article/alaska-airlines-portland-oregon-emergency-landing-b522e36ff228b5ea9a89ea13ee24f597 |title=Federal officials order grounding of some Boeing 737 Max 9 jetliners after plane suffers a blowout |work=Associated Press News |access-date=January 7, 2024 |archive-date=January 7, 2024 |archive-url=https://web.archive.org/web/20240107210414/https://apnews.com/article/alaska-airlines-portland-oregon-emergency-landing-b522e36ff228b5ea9a89ea13ee24f597 |url-status=live }}{{Cite news |first1=David |last1=Shepardson |first2=Valerie |last2=Insinna |first3=Tim |last3=Hepher |date=January 7, 2024 |url=https://www.reuters.com/business/aerospace-defense/us-safety-board-investigating-alaska-airlines-boeing-737-max-9-emergency-landing-2024-01-06/ |title=US grounds some Boeing MAX planes for safety checks after cabin emergency |work=Reuters |access-date=January 7, 2024 |archive-date=January 7, 2024 |archive-url=https://archive.today/20240107204704/https://www.reuters.com/business/aerospace-defense/us-safety-board-investigating-alaska-airlines-boeing-737-max-9-emergency-landing-2024-01-06/ |url-status=live }} United Airlines found loose bolts on jets grounded by the FAA, raising questions about possible systemic problems with the Boeing 737 MAX 9.{{Cite news |first1=Lori |last1=Aratani |first2=Kelly Kasulis |last2=Cho |date=January 8, 2024 |url=https://www.washingtonpost.com/business/2024/01/08/boeing-737-max-inspections-begin/ |title=United finds loose bolts on Boeing jets grounded after blowout incident |newspaper=Washington Post |url-access=subscription |access-date=January 8, 2024 |archive-date=January 8, 2024 |archive-url=https://web.archive.org/web/20240108224350/https://www.washingtonpost.com/business/2024/01/08/boeing-737-max-inspections-begin/ |url-status=live }} The FAA announced on January 12 that it was expanding its scrutiny of Boeing, with a production audit of the 737 MAX 9.{{Cite news |last1=Chokshi |first1=Niraj |date=January 12, 2024 |url=https://www.nytimes.com/2024/01/12/business/faa-boeing-737-max-investigation.html |title=The F.A.A. to Increase Oversight of Boeing and Audit 737 Max 9 Production |newspaper=The New York Times |url-access=subscription |access-date=January 12, 2024 |archive-date=January 12, 2024 |archive-url=https://web.archive.org/web/20240112185051/https://www.nytimes.com/2024/01/12/business/faa-boeing-737-max-investigation.html |url-status=live }} On February 6, the National Transportation Safety Board released a preliminary report indicating that four bolts used to secure the panel had been removed, and appeared not to have been replaced, at Boeing's factory in Renton, Washington.{{Cite news |last1=Ember |first1=Sydney |last2=Walker |first2=Mark |date=February 6, 2024 |url=https://www.nytimes.com/2024/02/06/business/ntsb-boeing-alaska-airlines-report.htmlhttps://www.nytimes.com/2024/02/06/business/ntsb-boeing-alaska-airlines-report.html |title=Alaska Airlines 737 May Have Left Boeing Factory Missing Bolts, N.T.S.B. Says |newspaper=The New York Times |url-access=subscription}}
In March 2024, the Justice Department opened a criminal investigation into the Alaska Airlines blowout.{{Cite web |last1=Tangel |first1=Andrew |last2=Michaels |first2=Dave |last3=Sider |first3=Alison |title=Justice Department Opens Probe, Interviews Crew in Alaska Airlines Blowout |url=https://www.wsj.com/business/airlines/justice-department-opens-probe-interviews-crew-in-alaska-airlines-blowout-d4cdfa6d |access-date=2024-03-10 |website=WSJ |language=en-US |archive-date=March 12, 2024 |archive-url=https://web.archive.org/web/20240312014030/https://www.wsj.com/business/airlines/justice-department-opens-probe-interviews-crew-in-alaska-airlines-blowout-d4cdfa6d |url-status=live }} In March 2024, CEO Dave Calhoun and board chairman Larry Kellner both announced they would be stepping down from their positions.{{Cite web |last1=LeBeau |first1=Phil |last2=Josephs |first2=Leslie |last3=Reeder |first3=Meghan |date=2024-03-25 |title=Boeing CEO Dave Calhoun to step down; board chair and commercial airplane head replaced in wake of 737 Max crisis |url=https://www.cnbc.com/2024/03/25/boeing-ceo-board-chair-commercial-head-out-737-max-crisis.html |access-date=2024-03-25 |website=CNBC |language=en |archive-date=March 25, 2024 |archive-url=https://web.archive.org/web/20240325124132/https://www.cnbc.com/2024/03/25/boeing-ceo-board-chair-commercial-head-out-737-max-crisis.html |url-status=live }}
Environmental record
In 2006, the UCLA Center for Environmental Risk Reduction released a study showing that Boeing's Santa Susana Field Laboratory, a site that was a former Rocketdyne test and development site in the Simi Hills of eastern Ventura County in Southern California, had been contaminated by Rocketdyne with toxic and radioactive waste. Boeing agreed to a cleanup agreement with the EPA in 2017.{{cite web|url=https://www.nbclosangeles.com/news/local/santa-susana-field-laboratory-cleanup/1966004/|title=Agreement Reached on Santa Susana Field Laboratory Examination Ahead of Cleanup|website=NBC Los Angeles|date=September 20, 2019 |language=en-US|access-date=January 24, 2020|archive-date=July 22, 2020|archive-url=https://web.archive.org/web/20200722103258/https://www.nbclosangeles.com/news/local/santa-susana-field-laboratory-cleanup/1966004/|url-status=live}} Clean-up studies and lawsuits are in progress.{{cite web|url=https://dtsc.ca.gov/sitecleanup/santa_susana_field_lab/|title=Santa Susana Field Laboratory (SSFL) Main Page|website=Department of Toxic Substances Control|language=en|access-date=January 24, 2020|archive-date=December 21, 2019|archive-url=https://web.archive.org/web/20191221003017/https://dtsc.ca.gov/sitecleanup/santa_susana_field_lab/|url-status=live}}
On July 19, 2022, Boeing announced a renewed partnership with Mitsubishi to produce carbon-neutral and sustainable solutions.{{cite web |url=https://travelradar.aero/boeing-partner-mitsubishi-to-advance-sustainable-air-travel/ |title=Boeing Partner Mitsubishi to Advance Sustainable Air Travel |website=Travel Radar |date=July 20, 2022 |access-date=July 21, 2022 |archive-date=July 21, 2022 |archive-url=https://web.archive.org/web/20220721172127/https://travelradar.aero/boeing-partner-mitsubishi-to-advance-sustainable-air-travel/ |url-status=live}}
= Jet biofuels =
{{main|Aviation biofuel|Algae fuel}}
File: Boeing Everett Plant.jpg, the assembly facility for most of the company's wide-body aircraft]]
The airline industry is responsible for about 11% of greenhouse gases emitted by the U.S. transportation sector. Aviation's share of the greenhouse gas emissions was poised to grow, as air travel increases and ground vehicles use more alternative fuels like ethanol and biodiesel. Boeing estimates that biofuels could reduce flight-related greenhouse-gas emissions by 60 to 80%. The solution blends algae fuels with existing jet fuel.{{cite news |first=Ángel |last=González |url=http://seattletimes.nwsource.com/html/boeingaerospace/2003858756_boeingenergy30.html |title=To go green in jet fuel, Boeing looks at algae |work=The Seattle Times |date=August 30, 2007 |access-date=January 27, 2009 |archive-url=https://web.archive.org/web/20090405100626/http://seattletimes.nwsource.com/html/boeingaerospace/2003858756_boeingenergy30.html |archive-date=April 5, 2009 |url-status=live}}
Boeing executives said the company was collaborating with Brazilian biofuels maker Tecbio, Aquaflow Bionomic of New Zealand, and other fuel developers around the world. As of 2007, Boeing had tested six fuels from these companies, and expected to test 20 fuels "by the time we're done evaluating them". Boeing also joined other aviation-related members in the Algal Biomass Organization (ABO) in June 2008.{{Cite web |url=http://www.greencarcongress.com/2008/06/first-airlines.html |title=First Airlines and UOP Join Algal Biomass Organization |archiveurl=https://web.archive.org/web/20080623084737/http://www.greencarcongress.com/2008/06/first-airlines.html |archivedate=June 23, 2008 |work=Green Car Congress |date=June 19, 2008}}
Air New Zealand and Boeing are researching the jatropha plant to see if it is a sustainable alternative to conventional fuel.{{cite web|url=http://www.biomassmagazine.com/articles/1745/air-new-zealand-to-use-jatropha-jet-fuel/|title=Air New Zealand to use jatropha jet fuel|website=Biomassmagazine.com|language=en|access-date=January 24, 2020|archive-date=July 27, 2020|archive-url=https://web.archive.org/web/20200727010722/http://www.biomassmagazine.com/articles/1745/air-new-zealand-to-use-jatropha-jet-fuel/|url-status=live}} A two-hour test flight using a 50–50 mixture of the new biofuel with Jet A-1 in a Rolls-Royce RB-211 engine of a 747–400 was completed on December 30, 2008.{{cite news|url=https://www.theguardian.com/environment/2008/dec/30/biofuel-test-plane|title=Air New Zealand jet completes world's first second-generation biofuel flight|last1=Jha|first1=Alok|date=December 30, 2008|work=The Guardian|access-date=January 24, 2020|language=en-GB|issn=0261-3077|archive-date=July 22, 2016|archive-url=https://web.archive.org/web/20160722071324/https://www.theguardian.com/environment/2008/dec/30/biofuel-test-plane|url-status=live}} The engine was then removed to be studied to identify any differences between the Jatropha blend and regular Jet A1. No effects on performances were found.
Political contributions, federal contracts, advocacy and criticism
File:Boeing 787-10 rollout with President Trump (32335755473) (cropped).jpg and US President Donald Trump at the 787-10 Dreamliner rollout ceremony in 2017]]
In 2007 and 2008, the company benefited from over {{US$}}10 billion of long-term loan guarantees, helping finance the purchase of their commercial aircraft in countries including Brazil, Canada, Ireland, and the United Arab Emirates, from the Export-Import Bank of the United States, some 65% of the total loan guarantees the bank made in the period.{{cite web |url=http://www.pewtrusts.org/news_room_detail.aspx?id=55965 |title=Pew Analysis Shows More than 60% of Export-Import Bank Loan Guarantees Benefitted Single Company |publisher=The Pew Charitable Trusts |access-date=January 5, 2011 |url-status=dead |archive-url=https://web.archive.org/web/20110505223257/http://www.pewtrusts.org/news_room_detail.aspx?id=55965 |archive-date=May 5, 2011}}
In 2008 and 2009, Boeing was second on the list of Top 100 US Federal Contractors, with contracts totaling {{US$}}22 billion and {{US$}}23 billion respectively.{{cite web |url=https://www.fpds.gov/fpdsng_cms/index.php/reports |title=Top 100 Contractors Report – Fiscal Year 2009 |publisher=fpds.gov |access-date=January 4, 2011 |archive-url=https://web.archive.org/web/20110721045940/https://www.fpds.gov/fpdsng_cms/index.php/reports |archive-date=July 21, 2011 |url-status=live}}{{cite web |url=https://www.fpds.gov/fpdsng_cms/index.php/reports |title=Top 100 Contractors Report – Fiscal Year 2008 |publisher=fpds.gov |access-date=January 4, 2011 |archive-url=https://web.archive.org/web/20110721045940/https://www.fpds.gov/fpdsng_cms/index.php/reports |archive-date=July 21, 2011 |url-status=live}} Between 1995 and early 2021, the company agreed to pay {{US$}}4.3 billion to settle 84 instances of misconduct, including {{US$}}615 million in 2006 in relation to illegal hiring of government officials and improper use of proprietary information.{{cite web |url=https://www.contractormisconduct.org/contractors/13/boeing-company |title=Federal Contractor Misconduct Database |publisher=Project on Government Oversight |access-date=April 30, 2021 |archive-date=April 11, 2021 |archive-url=https://web.archive.org/web/20210411035227/https://www.contractormisconduct.org/contractors/13/boeing-company |url-status=live}}{{cite web |url=http://www.contractormisconduct.org/index.cfm/1,73,222,html?CaseID=300 |title=Contractor Case – Boeing Company |publisher=Project on Government Oversight |access-date=January 5, 2011 |archive-url=https://web.archive.org/web/20100817040747/http://www.contractormisconduct.org/index.cfm/1,73,222,html?CaseID=300 |archive-date=August 17, 2010 |url-status=live}}{{cite web |url=http://www.contractormisconduct.org/ |title=Federal Contractor Misconduct Database |publisher=Project on Government Oversight |access-date=January 5, 2011 |archive-url=https://web.archive.org/web/20110508031346/http://www.contractormisconduct.org/ |archive-date=May 8, 2011 |url-status=live}}
Boeing's spent {{US$}}16.9 million on lobbying expenditures in 2009.{{cite web |url=http://www.opensecrets.org/lobby/clientsum.php?year=2010&lname=Boeing+Co&id= |title=Boeing Co Lobbying Expenditure |publisher=OpenSecrets |access-date=January 5, 2011 |archive-date=July 21, 2022 |archive-url=https://web.archive.org/web/20220721172129/https://www.opensecrets.org/federal-lobbying/top-spenders?cache=1658423652 |url-status=live}}{{cite web |url=http://soprweb.senate.gov/index.cfm?event=chooseFields |title=Lobbying Disclosure Act Database |publisher=United States Senate |access-date=January 5, 2011 |archive-url=https://web.archive.org/web/20101231011939/http://soprweb.senate.gov/index.cfm?event=chooseFields |archive-date=December 31, 2010 |url-status=dead}} In the 2008 presidential election, Barack Obama "was by far the biggest recipient of campaign contributions from Boeing employees and executives, hauling in {{US$}}197,000 – five times as much as John McCain, and more than the top eight Republicans combined".{{Cite news |last1=Carney |first1=Timothy |date=April 24, 2011 |url=http://washingtonexaminer.com/boeing-lives-by-big-government-dies-by-big-government/article/113179 |title=Boeing lives by big government, dies by big government |archiveurl=https://web.archive.org/web/20150907005741/http://www.washingtonexaminer.com/boeing-lives-by-big-government-dies-by-big-government/article/113179 |archivedate=September 7, 2015 |newspaper=Washington Examiner}}
Boeing has a corporate citizenship program centered on charitable contributions in five areas: education, health, human services, environment, the arts, culture, and civic engagement.{{Cite web |url=https://www.fundsforngos.org/corporate-donors/boeing-corporate-citizenship-programme/ |title=Boeing Corporate Citizenship Programme |work=fundsforngos.org |date=July 11, 2013 |accessdate=January 12, 2024 |archive-date=January 8, 2024 |archive-url=https://web.archive.org/web/20240108033427/https://www.fundsforngos.org/corporate-donors/boeing-corporate-citizenship-programme/ |url-status=live }} In February 2012, Boeing Global Corporate Citizenship partnered with the Insight Labs to develop a new model for foundations to more effectively lead the sectors they serve.{{Cite web |url=https://www.labstimeline.com/boeing |title=No 30: Boeing Global Corporate Citizenship |work=Insight Labs |date=February 2012 |access-date=January 8, 2024 |archive-date=January 8, 2024 |archive-url=https://web.archive.org/web/20240108033414/https://www.labstimeline.com/boeing |url-status=live }}
The company is a member of the U.S. Global Leadership Coalition, a Washington D.C.–based coalition of more than 400 major companies and NGOs that advocate a larger International Affairs Budget, which funds American diplomatic and development efforts abroad.{{cite web |url=http://www.usglc.org/about/our-coalition |title=U.S. Global Leadership Coalition, Global Trust members |publisher=Usglc.org |access-date=May 21, 2011 |archive-url=https://web.archive.org/web/20170727214451/http://www.usglc.org/about/our-coalition/ |archive-date=July 27, 2017 |url-status=live}} A series of U.S. diplomatic cables show how U.S. diplomats and senior politicians intervene on behalf of Boeing to help boost the company's sales.{{cite news |url=https://www.nytimes.com/2011/01/03/business/03wikileaks-boeing.html |title=Diplomats Help Push Sales of Jetliners on the Global Market |work=The New York Times |access-date=January 5, 2011 |first1=Eric |last1=Lipton |first2=Nicola |last2=Clark |first3=Andrew W. |last3=Lehren |date=January 2, 2011 |archive-url=https://web.archive.org/web/20110903023707/http://www.nytimes.com/2011/01/03/business/03wikileaks-boeing.html |archive-date=September 3, 2011 |url-status=live}}
Boeing secured the highest-ever tax breaks at the state level in 2013.{{cite news |title=Biggest Tax Break In U.S. History May Not Be Enough For Boeing |url=https://www.huffingtonpost.com/2013/11/15/boeing-state-taxes_n_4281100.html |newspaper=Huffington Post |access-date=November 4, 2016 |date=November 15, 2013 |last1=Berman |first1=Jillian |archive-url=https://web.archive.org/web/20161105033407/http://www.huffingtonpost.com/2013/11/15/boeing-state-taxes_n_4281100.html |archive-date=November 5, 2016 |url-status=live}}
In March 2025, Boeing was awarded a contract to build the U.S. Air Force's most sophisticated fighter, known as Next Generation Air Dominance, in a contract worth more than $20 billion.{{Cite web |date=2025-03-21 |title=Trump awards Boeing much-needed win with fighter jet contract: Reuters |url=https://www.cnbc.com/2025/03/21/trump-awards-boeing-much-needed-win-with-fighter-jet-contract-reuters.html |access-date=2025-03-21 |website=CNBC |language=en}}
= Criticism =
In December 2011, the non-partisan organization Public Campaign criticized Boeing for spending {{US$}}52.29 million on lobbying and not paying taxes from 2008 to 2010, instead getting {{US$}}178 million in tax rebates, despite making a profit of {{US$}}9.7 billion, laying off 14,862 workers since 2008, and increasing executive pay by 31% to {{US$}}41.9 million in 2010 for its top five executives.{{cite web |last=Portero |first=Ashley |title=30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes, 2008–2010 |url=http://www.ibtimes.com/articles/264481/20111209/30-major-u-s-corporations-paid-lobby.htm |work=International Business Times |access-date=December 26, 2011 |url-status=dead |archive-url=https://web.archive.org/web/20120107173713/http://www.ibtimes.com/articles/264481/20111209/30-major-u-s-corporations-paid-lobby.htm |archive-date=January 7, 2012 |date=December 9, 2011}}
Boeing has been accused of unethical practices (in violation of the Procurement Integrity Act) while attempting to submit a revised bid to NASA for their lunar landing project.{{cite news|last=Davenport|first=Christian|date=November 17, 2020|title=A NASA official asked Boeing if it would protest a major contract it lost. Instead, Boeing resubmitted its bid.|newspaper=The Washington Post|url=https://www.washingtonpost.com/technology/2020/11/17/nasa-boeing-lunar-lander-probe/|access-date=November 19, 2020|archive-date=November 18, 2020|archive-url=https://web.archive.org/web/20201118215513/https://www.washingtonpost.com/technology/2020/11/17/nasa-boeing-lunar-lander-probe/|url-status=live}}
== War profiteering ==
File:641, 2024, F-15SA Eagle, Fairford, Saudi-Arabia - 9809 (53999077988).jpg jetfighters are one of the major combatants that Boeing has sold to the Saudi Arabia. The aircraft are heavily utilized in the Saudi-led intervention in the Yemeni civil war.]]
The firm has been criticized for supplying and profiting from wars, including the war in Yemen where its missiles were found to be used for indiscriminate attacks, killing many civilians.{{cite web|last=Kane|first=Alex|title=Here's Exactly Who's Profiting from the War on Yemen|url=http://inthesetimes.com/features/us-saudi-arabia-yemen-war-arms-sales.html|access-date=June 20, 2020|website=inthesetimes.com|language=en|archive-date=June 18, 2020|archive-url=https://web.archive.org/web/20200618155635/https://inthesetimes.com/features/us-saudi-arabia-yemen-war-arms-sales.html|url-status=live}}{{cite news|last1=LaForgia|first1=Michael|last2=Bogdanich|first2=Walt |date=May 16, 2020|title=Why Bombs Made in America Have Been Killing Civilians in Yemen|language=en-US|work=The New York Times|url=https://www.nytimes.com/2020/05/16/us/arms-deals-raytheon-yemen.html |archive-url=https://web.archive.org/web/20200516091049/https://www.nytimes.com/2020/05/16/us/arms-deals-raytheon-yemen.html |archive-date=May 16, 2020 |url-access=subscription |url-status=live|access-date=June 21, 2020|issn=0362-4331}} In 2017 Boeing signed a deal with Saudi Arabia which included Saudi Arabia buying military aircraft and guided missile systems.{{cite news |last1=Cornwell |first1=Alexander |title=Boeing signs defense, commercial deals with Saudi Arabia |url=https://www.reuters.com/article/business/boeing-signs-defense-commercial-deals-with-saudi-arabia-idUSKBN18H0OK/ |access-date=21 May 2017 |work=Reuters}} Research has estimated Boeing made between $50 billion to $100 billion in revenue via Israeli weapons contracts from 2009 through 2022, in the years leading up to the Israel-Gaza war.{{Cite web |last= |title=The Companies Supplying Weapons to Israel's Attack on Gaza |url=https://www.whoprofits.org/publications/report/170?the-companies-supplying-weapons-to-israel-s-attack-on-gaza |access-date=2025-02-11 |website=Who Profits |language=en}}
In 2023, it was reported that Boeing sent 1,000 small diameter "smart" bombs for the first week of Israeli air attacks on Gaza, which were shipped from a US Air Force base by Israeli Air Force.{{Cite news |last=Capaccio |first=Anthony |date=October 10, 2023 |title=Boeing Sped 1,000 Smart Bombs to Israel After Hamas Attacks |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2023-10-10/boeing-sped-1-000-smart-bombs-to-israel-after-the-hamas-attacks |access-date=December 8, 2023 |archive-date=December 19, 2023 |archive-url=https://web.archive.org/web/20231219003923/https://www.bloomberg.com/news/articles/2023-10-10/boeing-sped-1-000-smart-bombs-to-israel-after-the-hamas-attacks |url-status=live }} During the Israel-Gaza war (2023-present), Boeing's stock prices soared due to additional Israeli weapons contracts,{{Cite web |last=Fabino |first=Alexander |date=2023-11-02 |title=Politicians profit as military stocks soar since Hamas-Israel conflict |url=https://www.newsweek.com/politicians-defense-stock-profits-israel-hamas-conflict-1840327 |access-date=2025-02-11 |website=Newsweek |language=en}} while mass demonstrations sought to interrupt defense supplier summits and block shipments of weapons for the Israel Defense Forces at Boeing facilities in St. Charles, Missouri,{{Cite web |last1=Munoz |first1=Brian |last2=Goodwin |first2=Jeremy D. |date=November 7, 2023 |title=Protesters block Boeing plant in Missouri that produces weapons used in Israel-Hamas war |url=https://www.kcur.org/news/2023-11-07/protesters-block-boeing-plant-in-missouri-that-produces-weapons-used-in-israel-hamas-war |access-date=December 8, 2023 |website=KCUR – Kansas City news and NPR |language=en |archive-date=December 2, 2023 |archive-url=https://web.archive.org/web/20231202142709/https://www.kcur.org/news/2023-11-07/protesters-block-boeing-plant-in-missouri-that-produces-weapons-used-in-israel-hamas-war |url-status=live }} Tukwila, Washington,{{Cite web |last=Hart |first=Daniel |date=November 14, 2023 |title=Hundreds Gather in Tacoma and Tukwila to Protest U.S. Weapons Bound for Israel |url=https://southseattleemerald.com/2023/11/14/hundreds-gather-in-tacoma-and-tukwila-to-protest-u-s-weapons-bound-for-israel/ |access-date=December 8, 2023 |website=South Seattle Emerald |language=en-US}} and Gresham, Oregon,{{Cite web |last=Foster |first=Kevin |title=Protesters Picket Boeing Over Weapons Shipments to Israel |url=https://www.portlandmercury.com/news/2023/11/20/46874609/protesters-picket-boeing-over-weapons-shipments-to-israel |access-date=December 8, 2023 |website=Portland Mercury |language=en |archive-date=December 8, 2023 |archive-url=https://web.archive.org/web/20231208225819/https://www.portlandmercury.com/news/2023/11/20/46874609/protesters-picket-boeing-over-weapons-shipments-to-israel |url-status=live }} due to the mass violations of International humanitarian law committed by Israel.{{Cite web |date=2024-12-19 |title=Israel's Crime of Extermination, Acts of Genocide in Gaza |url=https://www.hrw.org/news/2024/12/19/israels-crime-extermination-acts-genocide-gaza |access-date=2025-02-11 |website=Human Rights Watch |language=en}}{{Cite web |last1=Alleckson |first1=Will |last2=Paterson |first2=Mary |last3=Phillips |first3=Wade |title=Join the Mobilization Against Boeing's Defense Suppliers Summit |url=https://www.thestranger.com/guest-editorial/2024/03/11/79418939/join-the-mobilization-against-boeings-defense-suppliers-summit |access-date=2025-02-11 |website=The Stranger |language=en}}{{Cite web |date=2023-10-20 |title=Israeli attacks wipe out entire families in Gaza |url=https://www.amnesty.org/en/latest/news/2023/10/damning-evidence-of-war-crimes-as-israeli-attacks-wipe-out-entire-families-in-gaza/ |access-date=2025-02-11 |website=Amnesty International |language=en}} Students at Florida State University,{{Cite web |last=Casale |first=Christian |date=November 10, 2023 |title=FSU students demonstrate for Palestine; demand trustees divest from Israel |url=https://floridaphoenix.com/2023/11/10/fsu-students-demonstrate-for-palestine-demand-trustees-divest-from-israel/ |access-date=December 8, 2023 |website=Florida Phoenix |language=en-US |archive-date=December 8, 2023 |archive-url=https://web.archive.org/web/20231208194251/https://floridaphoenix.com/2023/11/10/fsu-students-demonstrate-for-palestine-demand-trustees-divest-from-israel/ |url-status=live }} University of Washington,{{Cite web |last=Harris |first=Jeremy |date=December 7, 2023 |title=UW police detain 36 pro-Palestine protesters engaging in sit-in |url=https://komonews.com/news/local/pro-palestinian-protesters-disrupt-hanukkah-menorah-lighting-ceremony-at-university-washington-uw-campus-gerberding-hall-united-front-for-palestine-israel-hamas-conflict-seattle |access-date=December 8, 2023 |website=KOMO |language=en |archive-date=December 8, 2023 |archive-url=https://web.archive.org/web/20231208194251/https://komonews.com/news/local/pro-palestinian-protesters-disrupt-hanukkah-menorah-lighting-ceremony-at-university-washington-uw-campus-gerberding-hall-united-front-for-palestine-israel-hamas-conflict-seattle |url-status=live }} Saint Louis University, University of Missouri–St. Louis, and Washington University in St. Louis{{Cite web |last=Davis |first=Chad |date=December 4, 2023 |title=St. Louis-area college student groups want universities to sever ties with Boeing |url=https://www.stlpr.org/education/2023-12-04/st-louis-area-college-student-groups-want-universities-to-sever-ties-with-boeing |access-date=December 8, 2023 |website=STLPR |language=en |archive-date=December 8, 2023 |archive-url=https://web.archive.org/web/20231208073742/https://www.stlpr.org/education/2023-12-04/st-louis-area-college-student-groups-want-universities-to-sever-ties-with-boeing |url-status=live }} called for their institutions to break partnerships with Boeing.
In 2024, students on hunger strike at Brown University named Boeing among the list of corporations to divest from.{{Cite news |last=Gabbatt |first=Adam |date=2024-02-07 |title=Students on hunger strike call for Brown University to divest from pro-Israel companies |url=https://www.theguardian.com/us-news/2024/feb/07/brown-university-palestine-hunger-strike-israel-divestment |access-date=2024-02-13 |work=The Guardian |language=en-GB |issn=0261-3077}} Five protestors, in opposition to Boeing sales to Israel, were arrested on felony charges after blocking entrances to a Boeing facility in Heath, Ohio.{{Cite web |last=Gallion |first=Bailey |date=March 11, 2024 |title=Pro-Palestinian demonstrators arrested while blocking Boeing plant entrances, police say |url=https://www.dispatch.com/story/news/crime/2024/03/11/pro-palestine-protesters-arrested-boeing-heath-ohio/72930046007/ |access-date=2024-03-12 |website=The Columbus Dispatch |language=en-US}} The student union at Washington University in St. Louis passed a resolution calling on the university to divest from Boeing.{{Cite web |last1=Moore |first1=Quinn |last2=Khatri |first2=Hadia |last3=Mediratta |first3=Aliana |last4=Holzman |first4=Avi |date=2024-03-21 |title=SU Senate votes for resolution calling for University to divest from Boeing |url=https://www.studlife.com/news/2024/03/21/su-senate-votes-for-resolution-calling-for-university-to-divest-from-boeing |access-date=2024-04-22 |website=Student Life |language=en}}
Financials
The key trends of Boeing are (as at the financial year ending December 31):{{Cite web |title=Boeing Fundamentalanalyse {{!}} KGV {{!}} Kennzahlen |url=https://www.boerse.de/fundamental-analyse/Boeing-Aktie/US0970231058 |access-date=2024-03-25 |website=boerse.de |language=de |archive-date=March 25, 2024 |archive-url=https://web.archive.org/web/20240325160216/https://www.boerse.de/fundamental-analyse/Boeing-Aktie/US0970231058 |url-status=live }}
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Between 2010 and 2018, Boeing increased its operating cash flow from $3 to $15.3{{nbsp}}billion, sustaining its share price, by negotiating advance payments from customers and delaying payments to its suppliers. This strategy is sustainable only as long as orders are good and delivery rates are increasing.{{cite news |url= https://www.seattletimes.com/business/boeing-aerospace/for-boeing-juggling-cash-flow-often-means-another-houdini-moment/ |title= For Boeing, juggling cash flow often means "another 'Houdini moment'" |date= February 8, 2019 |first= Dominic |last=Gates |author-link=Dominic Gates |newspaper= The Seattle Times |access-date= February 15, 2019 |archive-url= https://web.archive.org/web/20190215160219/https://www.seattletimes.com/business/boeing-aerospace/for-boeing-juggling-cash-flow-often-means-another-houdini-moment/ |archive-date= February 15, 2019 |url-status= live}}
From 2013 to 2019, Boeing spent over $60 billion on dividends and stock buybacks, twice as much as the development costs of the 787.{{cite magazine|url=https://newrepublic.com/article/154944/boeing-737-max-investigation-indonesia-lion-air-ethiopian-airlines-managerial-revolution|title=Crash Course|last=Tkacik|first=Maureen |date=September 18, 2019|magazine=The New Republic|access-date=September 19, 2019|issn=0028-6583|archive-url=https://web.archive.org/web/20190919185120/https://newrepublic.com/article/154944/boeing-737-max-investigation-indonesia-lion-air-ethiopian-airlines-managerial-revolution|archive-date=September 19, 2019|url-status=live}}
In 2020, Boeing's second quarter revenue was $11.8 billion as a result of the pandemic slump. Due to higher sales in other divisions and an influx in deliveries of commercial jetliners in 2021, second quarter revenue increased by 44%, reaching nearly $17 billion.{{Cite web|last=Josephs|first=Leslie|date=July 28, 2021|title=Boeing posts surprise profit as aircraft demand rebounds from pandemic slump|url=https://www.cnbc.com/2021/07/28/boeing-ba-q2-2021-earnings.html|access-date=January 26, 2022|website=CNBC|language=en|archive-date=January 26, 2022|archive-url=https://web.archive.org/web/20220126203715/https://www.cnbc.com/2021/07/28/boeing-ba-q2-2021-earnings.html|url-status=live}}
Revenues decreased 15 percent to $16.9 billion in the second quarter of 2024, compared to the same time period in 2023.{{cite news |url=https://www.newsweek.com/boeing-earnings-loss-kelly-ortberg-quarterly-results-1932640 |title=Boeing Suffers $1.4 Billion Loss in "Challenging" Quarter |last=Cameron |first=Hugh |publisher=newsweek.com |date=July 31, 2024 |accessdate=August 1, 2024}} The company's operating loss amounted to $1.39 billion and its net loss to $1.43 billion, while plane deliveries fell to 92 (from 136 in 2023).
In 2024, Boeing delivered just 348 aircraft to its customers, its lowest output since the COVID-19 pandemic.{{clarify|date=April 2025}} Boeing ended the year with a backlog of 5,595 unfilled orders.{{Cite web |date=2025-01-14 |title=Boeing sees big drop in output after strikes and safety problems |url=https://www.bbc.co.uk/news/articles/c4gp2ydkywno |access-date=2025-01-15 |website=BBC News |language=en-GB}}
Employment numbers
The company's employment totals are listed below.
{{col-begin|width=auto}}
{{col-break}}
class="wikitable sortable"
|+ {{br list | Employment by group |(December 31, 2023){{cite web|url=https://www.boeing.com/company/general-info#employment-data|title=Boeing: The Boeing Company: General Information|publisher=Boeing|access-date=May 4, 2024|archive-date=April 15, 2024|archive-url=https://web.archive.org/web/20240415173827/https://www.boeing.com/company/general-info#employment-data}}}} |
scope="col" | Group
! scope="col" | Employees |
---|
Boeing Commercial Airplanes (BCA)
|style="text-align: right;"| 47,948 |
Boeing Defense, Space & Security (BDS)
|style="text-align: right;"| 17,925 |
Global Services
|style="text-align: right;"| 22,323 |
Enterprise
|style="text-align: right;"| 82,492 |
Total company
|style="text-align: right;"| 170,688 |
{{col-break}}
class="wikitable sortable"
|+ {{br list | Employment by location |(December 31, 2023)}} |
scope="col" | Location
! scope="col" | Employees |
---|
Alabama
|style="text-align: right;"| 3,411 |
Arizona
|style="text-align: right;"| 5,208 |
California
|style="text-align: right;"| 14,403 |
Missouri
|style="text-align: right;"| 16,681 |
Oklahoma
|style="text-align: right;"| 3,945 |
Pennsylvania
|style="text-align: right;"| 4,055 |
South Carolina
|style="text-align: right;"| 7,864 |
Texas
|style="text-align: right;"| 7,090 |
Washington
|style="text-align: right;"| 66,797 |
Other locations
|style="text-align: right;"| 41,234 |
Total company
|style="text-align: right;"| 170,688 |
{{col-end}}
Approximately 1.5% of Boeing employees are in the Technical Fellowship program, a program through which Boeing's top engineers and scientists set technical direction for the company.{{cite web |url=http://www.boeing.com/news/frontiers/archive/2009/november/cover.pdf |title=Go To Gang Boeing Frontiers Magazine |access-date=May 21, 2011 |archive-url=https://web.archive.org/web/20110629103058/http://www.boeing.com/news/frontiers/archive/2009/november/cover.pdf |archive-date=June 29, 2011}} The average salary at Boeing was $76,784 in 2011, as reported by former employees.{{cite web |url=http://www.careerbliss.com/top-10-best-companies-for-u-s-veterans-5/boeing-10/ |title=Top 10 Best Companies for U.S. Veterans: Boeing |website=careerbliss.com |access-date=June 14, 2011 |url-status=dead |archive-url=https://web.archive.org/web/20110530023115/http://www.careerbliss.com/top-10-best-companies-for-u-s-veterans-5/boeing-10/ |archive-date=May 30, 2011}}
Corporate governance
In 2022, Rory Kennedy made a documentary film, Downfall: The Case Against Boeing, streamed by Netflix.{{Cite web |url=https://www.netflix.com/title/81272421 |title=DOWNFALL: The Case Against Boeing |date=2022 |publisher=Netflix |url-access=subscription}} She said about the 21st-century history of Boeing "There were many decades when Boeing did extraordinary things by focusing on excellence and safety and ingenuity. Those three virtues were seen as the key to profit. It could work, and beautifully. And then they were taken over by a group that decided Wall Street was the end-all, be-all."{{Cite news |title='All those agencies failed us': inside the terrifying downfall of Boeing |last=Bramesco |first=Charles |newspaper=The Guardian |date=February 22, 2022 |url=https://www.theguardian.com/film/2022/feb/22/downfall-the-case-against-boeing-netflix-documentary-737-max |access-date=January 8, 2024 |archive-date=February 22, 2022 |archive-url=https://web.archive.org/web/20220222184523/https://www.theguardian.com/film/2022/feb/22/downfall-the-case-against-boeing-netflix-documentary-737-max |url-status=live}}
On May 5, 2022, Boeing announced that it would be moving its headquarters from Chicago to Arlington, Virginia in the Washington, D.C. metropolitan area. Additionally, it plans to add a research and technology center in Northern Virginia.{{cite press release |url=https://boeing.mediaroom.com/2022-05-05-Boeing-Names-Northern-Virginia-Office-Its-Global-Headquarters-Establishes-Research-Technology-Hub |title=Boeing Names Northern Virginia Office Its Global Headquarters; Establishes Research & Technology Hub |publisher=Boeing |date=May 5, 2022 |access-date=May 6, 2022 |archive-date=May 5, 2022 |archive-url=https://web.archive.org/web/20220505235114/https://boeing.mediaroom.com/2022-05-05-Boeing-Names-Northern-Virginia-Office-Its-Global-Headquarters-Establishes-Research-Technology-Hub |url-status=live}}
In July 2024, it announced a new CEO, Kelly Ortberg.https://www.boeing.com/company/bios/kelly-ortberg {{Cite web |last=Josephs |first=Leslie |date=2024-07-31 |title=Boeing taps aerospace veteran Ortberg to replace Dave Calhoun as CEO |url=https://www.cnbc.com/2024/07/31/boeing-taps-former-collins-aerospace-ceo-kelly-ortberg-to-replace-dave-calhoun.html |access-date=2024-07-31 |website=CNBC |language=en}} On August 8, 2024, he met with FAA Administrator Michael Whitaker to discuss the company's future direction. Ortberg has communicated his commitment to reinforcing Boeing's position as an industry leader and has outlined his vision for the company's continued success.{{Cite web |title=New Boeing CEO holds first meeting with FAA chief |author=David Shepardson |work=Reuters |date=30 August 2024 |access-date=19 March 2025 |url= https://www.reuters.com/business/aerospace-defense/new-boeing-ceo-holds-first-meeting-with-faa-chief-2024-08-30/}}
= Board =
{{As of|2022}}, Boeing is headed by a President who also serves as the chief executive officer. The roles of chair of the board and CEO were separated in October 2019.{{cite press release|title=Boeing Board of Directors Separates CEO and chair Roles|url=https://boeing.mediaroom.com/2019-10-11-Boeing-Board-of-Directors-Separates-CEO-and-chair-Roles|date=October 11, 2021|publisher=Boeing|access-date=October 11, 2019|archive-date=October 11, 2019|archive-url=https://web.archive.org/web/20191011223750/https://boeing.mediaroom.com/2019-10-11-Boeing-Board-of-Directors-Separates-CEO-and-chair-Roles|url-status=live}}
class="wikitable"
! scope="col" colspan="2" |Chair of the Board |
scope="col" | Name
! scope="col" | Background |
---|
Steve Mollenkopf
|Former CEO, Qualcomm |
scope="col" colspan="2" |Board of Directors |
scope="col" | Name
! scope="col" | Background |
Robert A. Bradway
|Chair and CEO, Amgen |
Dave Calhoun{{Efn|Calhoun has announced that he will retire at the end of 2024.|name=Calhoun}}
|President and CEO, The Boeing Company |
Lynne M. Doughttie
|Former U.S. chair and CEO, KPMG |
Edmund Giambastiani
|Former Vice-chair, U.S. Joint Chiefs of Staff{{br}}Former Supreme Allied Commander Transformation, NATO |
Lynn Good
|Chair, President and CEO, Duke Energy |
Stayce Harris
|Former United Airlines Pilot{{br}}Former Inspector General, U.S. Air Force |
Akhil Johri
|Former Executive Vice-president and CFO, United Technologies Corporation |
David L. Joyce
|Former President and CEO, GE Aviation{{br}}Former Vice-chair, General Electric Company |
Larry Kellner{{Efn|Kellner has announced that he will not stand for re-election at the next Annual Shareholder meeting.|name=Kellner}}
|Former chair and CEO, Continental Airlines |
John M. Richardson
|Former Chief of Naval Operations, U.S. Navy{{br}}Former Director of the Naval Nuclear Propulsion Program, U.S. Navy |
Ron Williams
|Former chair, President and CEO, Aetna |
= Past leadership =
See also
{{Portal|Companies|Aviation|Chicago}}
- Boeing Everett Factory – main production facility for commercial widebody aircraft
- Competition between Airbus and Boeing
- Downfall: The Case Against Boeing – Netflix film on the long history of safety shortcuts, corporate mismanagement and coverups of the 737 MAX
- Future of Flight Aviation Center & Boeing Tour – Corporate public museum
- United Aircraft Corporation
- United States Air Force Plant 42
Notes
{{notelist}}
References
Further reading
- {{Cite book |last=Cloud |first=Dana L. |date=2011 |title=We Are the Union: Democratic Unionism and Dissent at Boeing |location=Urbana, IL |publisher=University of Illinois Press |isbn=9780252036378 |oclc=816419078}}
- {{Cite book |last=Greider |first=William |date=1998 |title=One World, Ready or Not: The Manic Logic of Global Capitalism |location=London |publisher=Penguin Press |isbn=9780140266986 |oclc=470412225}} [https://books.google.com/books?id=lC7ytrzQFxEC Simon & Schuster Paperbacks].
- {{Cite book |last=Myers |first=Polly Reed |date=2015 |title=Capitalist Family Values: Gender, Work, and Corporate Culture at Boeing |url=https://books.google.com/books?id=8u0lCgAAQBAJ |location=Lincoln, NE |publisher=University of Nebraska Press |isbn=9780803278691 |oclc=931949091}}
- {{Cite book |last=Sell |first=Terry M. |date=2015 |title=Wings of Power: Boeing and the Politics of Growth in the Northwest |location=Seattle |publisher=University of Washington Press |isbn=9780295996257 |oclc=1313788352}}
External links
{{Commons category}}
- {{Official website}}
- {{cite web |url= http://digitalcollections.lib.washington.edu/cdm/search/collection/reports/field/publis/searchterm/Boeing |title= Annual Reports Collection |date= 1948–1984 |publisher= University of Washington}}
- [https://digitalcollections.museumofflight.org/items/show/46318 The Joystick (Boeing Aircraft Club)] – The Museum of Flight Digital Collections
- {{OpenSecrets}}
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