Boeing

Bryan Corliss / District Lodge 751 of the International Association of Machinists and Aerospace Workers

Washington state is facing an “enormous budget challenge,” according to Gov. Jay Inslee, who has proposed creating a tax on capital gains and another on carbon pollution.

But wait a minute, didn’t lawmakers pass what’s been called the biggest tax break in U.S. history just a year and a half ago? What are we getting in exchange for those tax dollars we’ve chosen not to collect from the aerospace industry?

Ashley Gross / KPLU

Boeing workers facing job cuts are urging state lawmakers to require more from aerospace companies in exchange for tax breaks. The Washington legislature passed a 16-year extension of the tax incentives in 2013 to win Boeing's 777X production line.  

Kevin P. Casey / AP Photo

Speculation has climbed that Boeing might be interested in acquiring the military aircraft unit of rival Northrop Grumman, but Boeing’s chief executive told investors he’s not inclined to make big purchases. 

Boeing and Lockheed Martin have teamed up to try to win a contract from the Pentagon to build new long-range strike bombers. They’re going up against Northrop Grumman.

Ashley Gross / KPLU

Aviation analyst Richard Aboulafia says there’s a risk that Boeing’s 787 program might never be profitable. That’s because the airplane maker has accumulated $26 billion in production costs that it’s deferred into the future. 

Aboulafia says the total deferred production costs for Boeing’s Dreamliner program will probably climb to $30 billion or so.

He says what we’re seeing with those mounting costs is that employees are alienated after the company waged two contentious battles with its biggest labor unions in the past few years.

Ashley Gross / KPLU

Investors are becoming more optimistic about Boeing’s ability to generate cash even as deferred costs continue to mount for the 787 Dreamliner program. 

Boeing shares climbed more than 5 percent after the company reported fourth-quarter net income of $1.47 billion, up 19 percent from a year ago.

Ashley Gross / KPLU

Boeing appears to have topped Airbus for a third year in a row in airplane deliveries, and the company has a new record backlog of more than 5,700 planes still to build. That's eight years' worth of production at the current rate.

Ashley Gross / KPLU

Boeing has announced a deal with Kuwait Airways that could allay some concerns about its ability to sell enough of its current 777 wide-body jet. 

The Kuwaiti airline has finalized an order for ten 777-300ERs, the current version of Boeing's popular twin-engine, long-haul jet.

Ashley Gross / KPLU

The price of crude oil has dropped to its lowest level in about five years and has fallen about 40 percent this year. That’s great for people filling up their gas tanks, but perhaps not such good news for a company like Boeing that’s made fuel-efficiency of its new airplanes a big selling point.

Now the company is explaining why the drop in oil prices is not cause for concern. 

AP Photo

A report by federal accident investigators points to a manufacturing defect as the likely cause of an internal short circuit that led to a battery fire in a Boeing 787 airliner parked at Boston's airport last year.

The Boeing Company

If you’ve never stepped on a Dreamliner, this weekend may be your chance. Boeing is donating one of its early Dreamliners to Seattle’s Museum of Flight, and Saturday will be the first day the public can go inside. 

Museum spokesman Mike Bush says getting the Dreamliner is a big win.

Thomas Hawk / Flickr

Against a backdrop of Boeing labor relations that one analyst described as the worst he’s ever seen, former Boeing Commercial Airplanes Chief Executive Alan Mulally delivered some advice on how to boost morale: work together and include everyone.

Elaine Thompson / AP Photo

Unions representing Boeing engineers and machinists are pushing Washington state lawmakers to toughen a package of aerospace tax breaks passed last year. They’re aiming to make it harder for Boeing to move work out of state.

Dan Lighton / AP Photo

Boeing plans to move a large portion of its defense-related business out of Washington state, affecting about 2,000 people.

The company is shifting defense services and support work to Oklahoma City and St. Louis, as well as some additional work to Florida and Maryland. The programs affected include support work for Airborne Warning and Control Systems, Airborne Early Warning and Control as well as the F-22 Raptor.

AP Photo/Blue Origin

The U.S. has been wanting to ferry astronauts from U.S. soil to the International Space Station, but for now, American astronauts rely on Russia to get to space. That’s about to change, now that Boeing and Blue Origin, another Northwest company, are on board to build the rocket.

AP Photo/NASA

NASA is a giant step closer to launching Americans again from U.S. soil.

On Tuesday, the space agency announced it has picked Boeing and SpaceX to transport astronauts to the International Space Station in the next few years.

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