Boeing strongly defended its tough stance in a trade dispute with Canada's Bombardier Wednesday, as it reported lower quarterly earnings in part due to unexpected costs on a military contract.
Boeing chief executive Dennis Muilenburg defended a complaint against the Canadian company over alleged illegal subsidies, a dispute that has deepened tensions between Canadian Prime Minister and US President DonaldRead more
US aerospace giant Boeing projected higher commercial aircraft deliveries in 2017 compared with last year, and reported a 59 percent surge in fourth-quarter earnings on Wednesday.
Boeing said it expects commercial deliveries to rise to between 760 and 765 aircraft this year, up from 748 in 2016, as the firm works through a backlog of orders. Deliveries are tied toRead more
Boeing has pledged to control costs on the redesign of Air Force One after President-elect Donald Trump blasted the aerospace giant for the ballooning expenses, a company spokesman said Wednesday.
Boeing chief executive Dennis Muilenburg reassured Trump in a phone call Tuesday night about its commitment to keeping a tight rein on costs for the presidential plane, after the president-electRead more
Boeing Co beat profit expectations in the third quarter despite declining revenue and notched up its sales forecast for the full year, saying it planned to deliver more jetliners than it originally thought.
Factoring out a one-time tax benefit, the results showed the impact of cost reductions and leaner manufacturing at the world's biggest plane maker. Boeing is cutting costsRead more