We are currently conducting additional company and customer inspections of the jets and have implemented preventative action plans, we have also incorporated additional training, more rigorous clean-as-you-go practices and FOD awareness days across the company to stress the importance and urgency of this issue.

Boeing Co

Categorized in : US News

Boeing ... is working with the authorities to evaluate new inform... by Boeing Co

Boeing ... is working with the authorities to evaluate new information as it becomes available.

If we are unable to obtain sufficient orders and/or market, production and other risks can not be mitigated, we could record additional losses that may be material, and it is reasonably possible that we could decide to end production of the 747.

We will continue to cooperate with the state and the Department of Revenue until these individual matters are closed.

We have applied for and received a license to assess the current commercial passenger airplane needs of U.S. Government-approved Iranian airlines, the license permits us to engage approved airlines to determine their actual fleet requirements.

Our European competitor, Airbus, is advancing its interests in the market, and Canada recently indicated that it will permit Bombardier access to the Iranian market as well, we understand that the situation in the region is complicated and ever changing and we will continue to follow the U.S. government’s guidance as it relates to conducting business with Iran.

The Boeing and Lockheed Martin team believe that the Air Force’s selection process was irreparably flawed and therefore have decided to continue with their protest before the GAO.

But we don't see that as a viable long-term solution. by Boeing Co

But we don't see that as a viable long-term solution.

We have requested a debrief and will determine a path forward following completion of the debrief, we believe Boeing provided the best solution to sustain the Minuteman ICBM program, leveraging Boeing's 55 years of experience in ICBM development and maximizing the benefits of Boeing's personnel, capabilities, and original equipment manufacturer expertise.

We continue to believe in the long-term strength of the freighter market and the 747-8 is uniquely positioned to capture this demand.