About 6,770 Boeing workers in the U.S. will lose their jobs in this first wave of mass layoffs.
The oversized cargo planes, lined up nose to tail on the tarmac at Boeing's South Carolina Dreamliner plant, created a scene that Boeing CEO David Calhoun said has "never been seen before."
After shutting down for more than three weeks because of the coronavirus pandemic, Boeing called thousands of its employees back to work Sunday and Monday as production of the 787 Dreamliner resumed.
The company's anticipated use of government aid was the reason former Gov. Nikki Haley cited when she stepped down from the board last month.
Sites that produce commercial jets, including the South Carolina plant, and services locations will "bear the brunt" of the job losses, CEO David Calhoun said.
A planned May 4 reopening date means the North Charleston plant will have been shut down for roughly the same amount of time that Boeing's production was halted on the West Coast, about three and a half weeks.
The cut could also come with reductions in employment and would bring the 787's monthly production rate into the single digits.
There are no plans yet to resume production at the Dreamliner plant in North Charleston, which has been temporarily shut down since last Wednesday.
Boeing Co. has been hit by a complaint from a federal agency claiming the planemaker unlawfully fired and disciplined employees at its North Charleston campus because they supported joining a union.
Though Boeing is a likely recipient of $17 billion set aside in the CARES Act, the company has not stated publicly if it plans to utilize those funds.
The company employs about 6,900 workers in South Carolina, making the aerospace giant the largest private-sector employer in Charleston County and one of the biggest manufacturers in the state.
The hiatus, which starts at the end of second shift on Wednesday, includes the closing of the company's only assembly plant that's still making commercial jets.
Boeing Co. is offering employees buyouts in an effort to offset the financial strain brought on by the ongoing coronavirus pandemic.
Instead of hauling wings and fuselages to final assembly sites, the modified 747 plane may be used by the federal government in the coming weeks to ship medical supplies.
The extended tax filing season is a relief for millions of people during the coronavirus crisis, but it will put a crimp in summer vacation plans for the many accountants who will be working well past July 4 this year to help clients meet the July 15 deadline.
Boeing Co. shares rose 24 percent, helping to give the Dow Jones Industrial Average its first back-to-back gain since February.
During the two-week shutdown, Boeing's North Charleston facility will be the only location doing final assembly on the company's wide-body jets.
There are now 31 known Boeing employees who have tested positive for the disease across the entire company.
Nikki Haley's resignation from the Boeing board of directors is less about ideology than political calculus.
As the coronavirus continues to shut down business activities worldwide, the future of Boeing Co. — the nation's largest manufacturer and one of South Carolina's most important job creators — continued to look uncertain.
Former ambassador and South Carolina Gov. Nikki Haley resigned this week as a director at Boeing Co., saying she disagrees with the struggling planemaker's push for a $60 billion federal bailo…
The company did not specify what portion of its 7,000 employees in North Charleston will be telecommuting.
A year ago, Boeing's stock was soaring toward a 52-week high, Wall Street’s version of cruising altitude. The descent has been neither gradual nor comfortable.
The company is taking measures to preserve cash as it's facing what CEO David Calhoun described as "a global economic disruption" caused by COVID-19.
A congressional committee investigating Boeing Co. said Friday that a "culture of concealment" at the planemaker and poor oversight by federal regulators contributed to two deadly crashes invo…
The Countdown to Success Supplier Summit was scheduled for March 25 at Trident Technical College. It's now been pushed back to March 3, 2021.
The majority of the jets will be 787-10s, the largest version of the aircraft which is built exclusively at Boeing’s North Charleston campus.
Boeing Co. sold no new commercial airplanes in January, and now it's worried that the virus outbreak in China could hurt deliveries in the first quarter.
MEXICO CITY — Mexicans will no longer have to worry about where to park a Boeing Dreamliner 787 when the government raffles off the luxurious presidential jet: the air force will keep it.
LONDON — Boeing Co. has found a new problem with changes it is making to software on the 737 Max, but the company says the issue will not further delay the grounded plane's return to flight.
The export total is nearly 20 percent better than 2018 and the 10th consecutive record year for South Carolina.
Boeing Co. has nearly 500 fewer employees in South Carolina now compared to a year ago but, across the company, the aerospace giant added jobs during 2019, according to an annual update.
TULSA, Okla. — The worldwide grounding of nearly 400 Boeing 737 Max aircraft has had global ramifications.
A federal labor board that rejected an attempt by Boeing flight-line workers in North Charleston to join a union says that a lawsuit challenging its decision should be dismissed.
Boeing confirmed Wednesday that it will scale back production of the 787 Dreamliner it builds in North Charleston for a second time.
The icon of U.S. manufacturing — one of the Charleston area's largest employers — lost $636 million for all 2019.
About 34 certified "full-flight" versions of the faux flying machines built specifically for the grounded Max are operational. Thousands of airline pilots need to train in them, Boeing said this month.
In October, the company said it would slow production of its 787 Dreamliner from its peak rate of 14 a month to 12. Now, executives are weighing reducing that number to 10 a month.
DALLAS — The three big U.S. airlines that own Boeing 737 Max jets don't expect the grounded plane back in their fleets until after the the peak summer travel season, and that promises to lead …
Boeing Co.'s new CEO said Wednesday that production of the 737 Max will resume this spring, months before the company expects federal regulators to certify the grounded plane to fly again.
Boeing Co. said Tuesday that it doesn't expect federal regulators to approve its changes to the grounded 737 Max until this summer, several months longer than the planemaker was saying just a …
Only two of the company's jetliners registered a gain last year: the 787 Dreamliner and the 767.
WICHITA, Kan. — Problems for Boeing Co. and its troubled 737 Max aircraft, which appear to be growing deeper, have begun to ripple outward, with a major supplier announcing Friday that it will…
The planemaker is one of the biggest employers in the Charleston region, where it builds the 787 Dreamliner and engine parts for the 737 Max.
DALLAS — Boeing said Tuesday it is recommending that pilots receive training in a flight simulator before the grounded 737 Max returns to flying, a reversal of the company's long-held position…
Boeing said it will suspend production of the 737 Max by mid-January. The plane has been grounded worldwide since March after a pair of deadly crashes.
The funding will go toward the construction of what was described as the Southeast’s first certified, early childhood “Fab Lab.”
Boeing Co. managed to clear some of the 787s from its flight lines in South Carolina and Washington state in December to finish 2019 with the most annual deliveries in the Dreamliner program's…
J. Michael Luttig, who was assigned earlier this year to lead the planemaker's legal strategy and to advise the board shortly after a second fatal crash involving the 737 Max, is retiring at the end of the year.
After months of missteps and criticism over his handling of a pair of deadly crashes of Boeing Co.'s 737 Max planes, the aerospace giant's embattled CEO Dennis Muilenburg was fired on Monday.