Boeing has just wrapped up a massive deal. They sold some of their digital aviation businesses to a private equity firm called Thoma Bravo. The price tag? A whopping $10. 55 billion! This sale includes well-known brands like Jeppesen, ForeFlight, AerData, and OzRunways. The new company, Jeppesen ForeFlight, is now on its own. It will have offices in Denver and San F...
Boeing is in hot water again. This time, it's because of its 777X jet program. The company has pushed back the first delivery to 2027. This delay is costing them nearly $5 billion. That's a huge hit! But it's not the first time Boeing has faced delays and financial setbacks. The 777X was supposed to be a big deal for Boeing. It's a key part of their long-term plans....
Boeing's recent financial report shows a big loss, but there are signs of improvement. The company lost $5. 3 billion in the third quarter. That's better than the $6. 1 billion loss from the same time last year. The loss was mainly due to delays in delivering a new plane, the 777-9, which is now expected to be ready in 2027. On the brighter side, Boeing's revenue hi...
Workers at Boeing's fighter jet plants have walked off the job. This is not the first time. It happened less than a year after Boeing gave raises to end another strike. Around 3, 200 workers from three plants in Missouri and Illinois said no to a new contract. They want better pay and working conditions. The union, IAM, said workers are fed up. They build important ...
Workers at Boeing's St. Louis plant have made their voices heard. They've said no to the latest contract offer. The vote was clear. Over 80% of the union members rejected the deal. The offer promised a 20% pay raise over four years. But the workers wanted more. They feel their hard work isn't being valued enough. The union, IAM, spoke up after the vote. They said th...
The Boeing 787 Dreamliner that took off from Ahmedabad met a tragic end in just 40 seconds. It's a grim task for investigators to figure out what went wrong in those brief moments. They'll be looking at the wreckage, the cockpit voice recorders, and the flight data recorders to piece together the puzzle. International rules say they should have a preliminary report o...
The Justice Department has struck a deal with Boeing. The company will not face prosecution for the two deadly crashes involving its 737 Max aircraft. This decision has sparked outrage among some families of the victims. The crashes, occurring in 2018 and 2019, resulted in the loss of 346 lives. Boeing's 737 Max models were grounded worldwide for nearly two years fol...
Boeing, the giant in the airplane industry, is in hot water. The Justice Department has struck a deal with Boeing. This agreement lets Boeing avoid a criminal trial. The deal is about the 737 Max planes. These planes were involved in two major crashes. The crashes happened in 2018 and 2019. A total of 346 people lost their lives. The deal is not final yet. If it goe...
A Boeing 747, donated by Qatar, has officially been accepted by the U. S. government. This move was confirmed by the Pentagon. The jet, which has been valued at 400 million dollars, is a 13-year-old model. It is intended to replace the current Air Force One, which is used to transport the President of the United States. The Defense Secretary, Pete Hegseth, took posse...
The Qatari prime minister, Sheikh Mohammed bin Abdulrahman al-Thani, has dismissed claims that Qatar's offer of a $400 million Boeing 747 jet to former U. S. President Donald Trump was a bribe. He described the jet offer as a standard exchange between two countries. He emphasized that the transaction was transparent and legal, part of the long-standing cooperation be...