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

Financials reflect impacts of the International Association of Machinists and Aerospace Workers (IAM) work stoppage and previously announced charges on commercial and defense programsRevenue of $17.8 billion, GAAP loss per share of ($9.97) and core (non-GAAP)* loss per share of ($10.44)Operating cash flow of ($1.3) billion and free cash flow of ($2.0) billion (non-GAAP)*Total company backlog of $511 billion, including over 5,400 commercial airplanes

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.