Just over a month ago, Boeing was flying high. Its airplane factories were humming and speeding up production. Its defense business had just been restructured to deal with dwindling budgets in the United States and Europe. The company was confident enough to increase its dividend and resume buying back shares.
After years of headaches and occasional heartbreak, Boeing Co is ready on Friday for the US government to declare its revolutionary 787 Dreamliner safe to fly passengers.
Boeing Co is aiming to make a decision on whether to re-engine or redesign its 737 narrow body by the end of the year, but it is not making any promises, the chief executive of Boeing's commercial airplanes division said on Sunday.