DOHA: Boeing and GE Aerospace finalized a $96 billion agreement to provide Qatar Airways with up to 210 aircraft, the White House announced. Boeing CEO Kelly Ortberg joined President Donald Trump in Doha for a signing ceremony, cementing the airline’s purchase of 787 Dreamliners and 777X jets powered by GE engines. The deal marks Boeing’s…
Boeing has appointed Chris Raymond as the new president and CEO of Boeing Global Services (BGS), the company’s aerospace services business that had $17.6 billion in revenue in 2022. Raymond will replace Stephanie Pope, who will become Boeing’s chief operating officer from Jan. 1, 2024. Raymond will report to Pope and remain on the company’s…
Boeing’s Chief Financial Officer, Brian West, has disclosed that a manufacturing defect discovered last month in the Boeing 737 MAX is expected to have a significant impact on the company’s operations. This defect is likely to reduce the delivery rate of the MAX by approximately one-third, resulting in negative cash flow and a financial loss…