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The Latest Breaking News from Dave Calhoun

Flying on autopilot: Serious moves made toward pilotless air travel

Aviation experts say it will take a few decades of development and testing before regulatory authorities will give automated commercial planes the green light.

The New Daily

Boeing added 15,000 jobs in 2022, with more hiring ahead

Boeing’s trajectory as it strives to dig out of a deep hole is strangely the inverse of the giant tech companies.

Tribune News Service

Families of 737 MAX crash victims set to face Boeing in US court

Fort Worth (United States) (AFP) - Relatives of passengers who died in the twin Boeing 737 MAX crashes are scheduled to confront the airplane maker Thursday in a US court, some four years after the tragedies in Ethiopia and Indonesia.

AFP

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Families of Boeing MAX crash victims set to face company in US court

New York (AFP) - Relatives of passengers who died in the twin Boeing 737 MAX crashes are scheduled to confront the airplane maker Thursday in a US court, some four years after the tragedies in Ethiopia and Indonesia.

AFP

As Boeing posts more red ink, CEO cites progress, swipes at FAA

Still struggling with a wobbly supply chain and production slowdowns, Boeing lost $663 million, or $1.06 per share, in the fourth quarter despite Wall Street analysts’ expectation of a profit.

Tribune News Service

Boeing reports Q4 loss but reaffirms 2023 targets

New York (AFP) - Persistent supply chain woes and staffing issues led to another quarterly loss at Boeing, but the company on Wednesday confirmed its 2023 outlook amid strong aviation demand.

AFP

Boeing Stock Higher As Free Cash Flow Turns Positive Amid Surprise Q4 Loss

"Demand across our portfolio is strong, and we remain focused on driving stability in our operations and within the supply chain to meet our commitments in 2023 and beyond," said CEO Dave Calhoun.

The Street

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Biggest CEO successes and setbacks: 2022’s triumphs and 2023’s challenges

How the likes of Satya Nadella, Elon Musk, Mark Zuckerberg, and Cathie Wood did in 2022–and the challenges that await them in 2023.

Fortune

Pitching investors, Boeing projects short-term pain, then stability

Boeing on Wednesday lowered Wall Street expectations on jet deliveries and the cash Boeing will generate in the next couple of years while offering hope of a full recovery in three to four years.

Tribune News Service

Seeing no China progress, Boeing eyes other prospective MAX buyers

New York (AFP) - Boeing said Wednesday it is seeking other potential customers for its 737 MAX because China is still not taking delivery of the jetliners it has ordered.

AFP

Boeing reports huge loss on defense contract woes

New York (AFP) - Aerospace giant Boeing reported a surprise $3.3 billion third-quarter loss Wednesday as it struggled with swelling costs on several defense programs, including the US presidential jet Air Force One.

AFP

Boeing reports $3.3 bn loss due to rising defense program costs

New York (AFP) - Boeing reported a surprise $3.3 billion third-quarter loss Wednesday because of swelling costs on several defense programs due in part to supply chain expenses.

AFP

Boeing to resell some 737 Maxes built for Chinese airlines

Boeing's top executives said Thursday they will begin to resell some of the 737 Maxes built for Chinese airlines, a signal of impatience with the protracted closure of the Chinese aviation market.

Tribune News Service

Boeing sees progress on 787 but warns on supply chain

New York (AFP) - Boeing said Wednesday it is close to receiving regulatory approval to resume 787 jet deliveries, a move that could help reverse lackluster profits, but warned that its production ramp-up for the 737 MAX would be slowed by supply chain problems.

AFP

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AFP

Boeing profit falls as CEO eyes resumption of 787 deliveries

New York (AFP) - Boeing reported a drop in second-quarter profits on Wednesday due to the continued travails of the 787, but the company said it was close to receiving regulatory approval to resume deliveries of the plane.

The Street

Boeing Stock Higher As Cash Flow Forecast Offsets Wider Q2 Loss

"We made important progress across key programs in the second quarter and are building momentum in our turnaround," said CEO Dave Calhoun.

Irish Independent

Boeing wins big Max 10 jet order from Delta as Farnborough air show returns

Boeing announced a firm order for 100 of its 737 Max 10 jetliners from Delta Air Lines, its opening salvo at the Farnborough air show that the US planemaker hopes will provide a boost after it fell behind arch-rival Airbus SE.

Tribune News Service

Boeing CEO threatens to cancel 737 MAX 10 unless Congress acts

Boeing CEO Dave Calhoun said he’s ready to cancel the 737 MAX 10 program if Congress doesn’t extend a regulatory deadline that would allow the jet to enter service without an upgrade to the 737 crew alerting system.

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Tribune News Service

Boeing wants more workers in the office to ramp up production. Not everyone wants to go back

Boeing has ordered some of its remote workforce back to the office to help the company ramp up production and fix supply-chain problems. But like many employers navigating the pandemic as it winds down, the aerospace giant is getting pushback from workers who resent giving up their "home" offices when…

The Guardian - UK

Boeing 737 Max disaster casts long shadow as planemaker tries to rebuild fortunes

Planemaker’s leadership team must restore its reputation and its balance sheet amid an uncertain future for the aviation industry

The Street

Stocks Slump, Biden Gas Tax Plea, Powell Testimony, Boeing And Roxe - Five Things To Know

Stock futures slump as inflation woes mount; President Biden calls for Federal gas tax holiday; Fed Chair Jerome Powell faces Capitol Hill grilling on inflation; Boeing shares slide as CEO cautions on supply chain challenges and blockchain payments group Roxe plans Nasdaq SPAC merger

The Street

Boeing Stock Soars On Southern Airlines 737 Max Test Flight, Aircraft Demand Bets

"Demand for airplanes is as robust as I’ve ever seen it,' Boeing CEO Dave Calhoun said earlier this week.

Bloomberg

Boeing’s CEO Sees at Least Two-Year Wait on Designing New Jetliner

Boeing Co. won’t launch a new jetliner any time soon to address Airbus SE’s widening sales lead in the narrow-body market, Chief Executive Officer Dave Calhoun said.

Tribune News Service

Boeing’s Max 10 regulatory delays threaten $16 billion bonanza

Boeing Co. may be moving to Washington, but right now it needs Washington to move.

The Street

Boeing Unveils Plan To Move Corporate Headquarters to Washington, D.C.

"Northern Virginia makes strategic sense for our global headquarters given its proximity to our customers and stakeholders," said CEO Dave Calhoun.

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