ARLINGTON, Va., Nov. 15, 2024 /PRNewswire/ -- The Boeing Company [NYSE: BA] Board of Directors today announced that it has elected Tim Buckley as its newest member, effective January 1, 2025. Buckley will serve on the Finance and Governance & Public Policy committees.

Buckley, 55, previously served as Chair and CEO of The Vanguard Group, where he successfully led one of the largest investment management firms in the world, with nearly $10 trillion in assets under management.

"Tim is a renowned, trusted leader who brings the voice of the investor and a track record of business success to our Board," said Boeing Board Chair Steve Mollenkopf. "Tim's familiarity with the broad investor community, expertise managing complex business operations and ability to positively lead through change will bring additional important perspective to our Board."

MIAMI, Nov. 12, 2024 /PRNewswire/ -- With a strong air cargo market exceeding pre-pandemic levels, Boeing [NYSE: BA] forecasts continued long-term growth, saying air cargo traffic will increase by an average of 4% per year through 2043. These projections appear in Boeing's 2024 World Air Cargo Forecast (WACF), the biennial overview and long-term outlook for the air cargo industry.

EL SEGUNDO, Calif., Nov. 12, 2024 /PRNewswire/ -- Millennium Space Systems, a Boeing (NYSE: BA) company, completed two spacecraft for NASA's Tandem Reconnection and Cusp Electrodynamics Reconnaissance Satellites, or TRACERS, mission, which will measure the connection between solar wind and the magnetic field surrounding Earth.

"TRACERS will ultimately inform how we understand space weather," said Dave Machuga, CEO, Millennium Space Systems. "From a national security space perspective, this is incredibly important to understanding the environment our satellites – or any satellites – operate in."

SEATTLE, Nov. 12, 2024 /PRNewswire/ -- Boeing [NYSE: BA] and Avia Solutions Group, the world's largest ACMI (aircraft, crew, maintenance, insurance) provider, today announced its first order with the company for 40 737-8s, with the potential to order 40 more later.

Avia Solutions Group has 11 air operator certificates (AOC) including Avion Express, Smartlynx, Klasjet, Air Explore, BBN, Ascend Airways and Skytrans among others. These AOCs operate year round in over 60 countries on behalf of various scheduled airlines and tour operators. 

ARLINGTON, Va., Oct. 28, 2024 /PRNewswire/ -- The Boeing Company [NYSE: BA] ("Boeing" or the "Company") announced today the pricing of its previously announced separate underwritten public offerings of (i) 112,500,000 shares of common stock, par value $5.00 per share ("Common Stock"), of the Company at a public offering price of $143.00 per share (the "Common Stock Offering") and (ii) $5 billion of depositary shares ("Depositary Shares"), each representing a 1/20th interest in a share of newly issued 6.00% Series A Mandatory Convertible Preferred Stock, par value $1.00 per share ("Preferred Stock") at a public offering price of $50.00 per Depositary Share (the "Depositary Shares Offering" and, together, the "Offerings"). Boeing has granted the underwriters in each respective offering a 30-day option to purchase up to an additional (i) 16,875,000 shares of Common Stock and (ii) $750 million of Depositary Shares, solely to cover over-allotments, if any, in each case at the public offering price less the applicable underwriting discount. The Common Stock Offering is expected to close on October 30, 2024 and the Depositary Shares Offering is expected to close on October 31, 2024, subject to customary closing conditions.

SANTIAGO, Chile, Oct. 28, 2024 /PRNewswire/ -- Boeing [NYSE: BA] and LATAM Airlines Group, the leading passenger and cargo airline group in South America, today announced the purchase of 10 787 Dreamliners with options for five more airplanes. As the region's largest 787 operator, this latest order for fuel-efficient 787-9 jets increases LATAM's investment in one of the most modern fleets in Latin America.

ARLINGTON, Va., Oct. 28, 2024 /PRNewswire/ -- The Boeing Company [NYSE: BA] ("Boeing" or the "Company") announced today the launch of concurrent separate underwritten public offerings of (i) 90,000,000 shares of common stock, par value $5.00 per share ("Common Stock") of the Company and (ii) $5 billion of depositary shares ("Depositary Shares"), each representing a 1/20th interest in a share of newly issued Series A Mandatory Convertible Preferred Stock, par value $1.00 per share ("Preferred Stock"), of the Company (together, the "Offerings"). Boeing expects to grant to the underwriters of the Offerings a 30-day option to purchase up to an additional (i) 13,500,000 shares of Common Stock and (ii) $750 million of Depositary Shares, solely to cover over-allotments, if any. Boeing intends to use the net proceeds from the Offerings for general corporate purposes, which may include, among other things, repayment of debt, additions to working capital, capital expenditures, and funding and investments in the Company's subsidiaries.

EL SEGUNDO, Calif., Oct. 23, 2024 /PRNewswire/ -- Millennium Space Systems, a Boeing [NYSE: BA] company, was awarded an Other Transaction Agreement with the U.S. Space Force Space Systems Command to deliver an additional plane of six Missile Track Custody, or MTC, satellites in support of its Resilient Missile Warning and Tracking Medium Earth Orbit Epoch 1 program.

Millennium Space Systems is now on contract to deliver two planes, or 12 MTC satellites, plus their associated ground system and mission operations.

ARLINGTON, Va., Oct. 23, 2024 /PRNewswire/ --

Third Quarter 2024

DUBAI, Oct. 21, 2024 /PRNewswire/ -- Boeing [NYSE: BA] and Emirates SkyCargo today announced an order for five more of the world's largest and longest-range twin-engine freighter, building on its earlier purchase of five 777 Freighters. The latest order, which was finalized in September and listed as unidentified on Boeing's Orders and Deliveries website, brings Emirates' order book to 249 Boeing widebody airplanes, including 14 777 Freighters.

ARLINGTON, Va., Oct. 11, 2024 /PRNewswire/ -- The Boeing Company [NYSE: BA] announced today it will recognize impacts to its financial results related to charges for certain programs across the Commercial Airplanes and Defense, Space & Security segments and the IAM work stoppage when it reports third quarter results on October 23. The company expects to report third quarter revenue of $17.8 billion, GAAP loss per share of ($9.97), and operating cash flow of ($1.3) billion. Cash and investments in marketable securities totaled $10.5 billion at the end of the quarter.

ARLINGTON, Va., Oct. 11, 2024 /PRNewswire/ -- Boeing [NYSE: BA] President and CEO Kelly Ortberg shared the following message with all employees today:

Team,

Our business is in a difficult position, and it is hard to overstate the challenges we face together. Beyond navigating our current environment, restoring our company requires tough decisions and we will have to make structural changes to ensure we can stay competitive and deliver for our customers over the long term.

We need to be clear-eyed about the work we face and realistic about the time it will take to achieve key milestones on the path to recovery. We also need to focus our resources on performing and innovating in the areas that are core to who we are, rather than spreading ourselves across too many efforts that can often result in underperformance and underinvestment.

ARLINGTON, Va., Oct. 8, 2024 /PRNewswire/ -- The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the third quarter of 2024.

The company will provide detailed third quarter financial results on October 23. Major program deliveries during the third quarter were as follows:

Major Programs

3rd Quarter

2024

Year-to-Date

2024

Commercial Airplanes Programs

737

92

229

767

6

15

777

4

11

787

14

36

Total

116

291

Defense, Space & Security Programs

AH-64 Apache (New)

7

10

AH-64 Apache (Remanufactured)

11

24

CH-47 Chinook (New)

—

2

CH-47 Chinook (Renewed)

2

7

F-15 Models

3

10

F/A-18 Models

1

5

KC-46 Tanker

5

10

MH-139 

3

3

P-8 Models

1

4

T-7A

1

1

Total1

34

76

1 Deliveries of new-build production units, including remanufactures and modifications

Note: Delivery information is not considered final until quarterly financial results are issued.

EL SEGUNDO, Calif., Oct. 7, 2024 /PRNewswire/ -- Millennium Space Systems, a Boeing [NYSE: BA] company, completed the Fire-control On Orbit-support-to-the-war Fighter, or FOO Fighter, preliminary design review, or PDR, four months following authorization to proceed. The company is on contract to deliver a constellation of eight satellites with a ground system and to perform mission operations.

ARLINGTON, Va., Oct. 2, 2024 /PRNewswire/ -- The Boeing Company [NYSE: BA] will release its financial results for the third quarter of 2024 on Wednesday, October 23.

President and Chief Executive Officer Kelly Ortberg and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET.

The event webcast link is available on the Events and Presentations section of www.boeing.com/investors where the news release and presentation materials will be posted prior to the event. The event can also be accessed by dialing 1-877-692-8955 within the U.S. and by dialing 234-720-6979 outside of the U.S. The passcode for both is 3728271.

BIRMINGHAM, United Kingdom, Sept. 20, 2024 /PRNewswire/ -- Boeing [NYSE: BA] has completed the first flight of the UK's E-7 Wedgetail for the Royal Air Force (RAF).

A Boeing flight-test crew conducted functional checks during the first flight from Birmingham Airport, marking a significant milestone in the programme's test and evaluation phase.

Currently unpainted, the aircraft is one of three 737 NG aircraft on British soil undergoing modification by a highly skilled team of over 100 people at STS Aviation Services in Birmingham.

NEW YORK, Sept. 10, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE: SPR) and The Boeing Company ("Boeing") (NYSE: BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.

EL SEGUNDO, Calif., Sept. 10, 2024 /PRNewswire/ -- Boeing [NYSE: BA] today announced the scheduled 2026 launch of a satellite – dubbed Q4S – which is designed to demonstrate quantum entanglement swapping capabilities on orbit. This Boeing-funded, first-of-its-kind space mission brings humanity closer to building a secure, global quantum internet that connects quantum sensors and computers.

ARLINGTON, Va., Sept. 6, 2024 /PRNewswire/ -- Boeing [NYSE: BA] Chief Financial Officer Brian West will speak at the Morgan Stanley Laguna Conference on September 13 at 8:45 a.m. PT.

The event webcast link is available on the Events and Presentations section of www.boeing.com/investors. Individuals should check the website prior to the session to ensure access to the audio stream.

ContactInvestor RelationsBoeingInvestorRelations@boeing.com

Boeing Media Relationsmedia@boeing.com

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NEW YORK, Sept. 2, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Spirit Aerosystems Holdings, Inc. ("Spirit") (NYSE: SPR) and The Boeing Company ("Boeing") (NYSE: BA). Investors who purchased Spirit and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SPR.