The Connexion By Boeing in-flight broadband Internet service will come to an end, as the satellite-based system never really took off with airline carriers.
Boeing Gives Up on Plane Wifi
Looks like Boeing is giving up on Wifi in planes because they’ve lost a billion and don’t see that their investment will come back. Funny, didn’t JetBlue just pay big dollars to add that to all their planes?
Yahoo Soars With Boeing
Yahoo said on Wednesday they formed a search distribution partnership with Connexion by Boeing. This deal will be great for both companies as they both strive to offer stronger services to their customers.
Boeing Raises Outlook as Profits Decrease
Boeing reported a decrease of 7% in its second-quarter profits, but this was higher than analysts expected. The company raised its earnings outlook for the entire year.
Boeing Pilots Growth In New Factory Orders
The US Commerce Department notes that an increase in durable goods orders helped factories meet predictions.
Boeing Replaces Stonecipher With GE, 3M Man
To replace Harry Stonecipher, who recently resigned after having an affair with a female executive, Boeing has elected former GE aircraft unit head, W. James McNerney, Jr.
Boeing Bags McNerney
The Boeing Company announced on Thursday they elected W. James McNerney chairman of the board, president and CEO effective on Friday, July 1. The former 3M chief comes to Boeing after recent tough times for the aircraft giant. McNerney will make the third CEO since 2003.
Former GE Aircraft Engine Head Becomes New Boeing CEO
Boeing has elected a replacement for CEO Harry Stonecipher, who resigned after having an affair with an executive of the company. That replacement is the former head of GE’s aircraft engine unit, W. James McNerney, Jr.
McNerney is Boeing’s New CEO
Boeing announced that it has elected W. James McNerney, Jr. to be the company’s President, CEO, and Chairman of the Board, as of July 1.
Airbus and Boeing: Dogfighting For Sales
Airbus and Boeing run a high stakes dogfight in the skies as each competes for sale in the competitive airline industry. Airbus has flown in behind Boeing and has the U.S. manufacturer on the run after picking up a $6 billion, 100 aircraft order with a new low cost airline in India.