An overview of Boeing
The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rockets, satellites, telecommunications equipment, and missiles worldwide.
The company also provides leasing and product support services.
Boeing was founded by William Boeing in Seattle, Washington, on July 15, 1916.
The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997.
The Boeing Company has its corporate headquarters in Chicago, Illinois.
Boeing is organized into four primary divisions:
1. Boeing Commercial Airplanes (BCA);
2. Boeing Defense, Space & Security (BDS);
3. Boeing Global Services; and
4. Boeing Capital.
Boeing Commercial Airplanes (BCA) is a division of The Boeing Company. It designs, assembles, markets, and sells jet airliners and business jets (Boeing Business Jets), and also provides product-related maintenance and training to customers worldwide.
Boeing’s naming system for commercial airliners has taken the form of 7X7 (X representing a number). All model designations from 707 through 787 have been assigned.
Starting with The Boeing Model 1, also known as the B & W Seaplane, a single engine Biplane in 1916, over the hundred years of its journey, Boeing created many iconic aircrafts such as Boeing 40, Boeing 307, Boeing 717, Boeing 720, Boeing 727, Boeing 707, and Boeing 757.
The most iconic aircraft of Boeing was the Boeing 747. It was the first airplane dubbed a “Jumbo Jet”, the first wide-body airliner.
Some of the iconic Boeing aircraft models in service today are below,
Twin‑engine, single aisle, short- to medium-range narrow-body
Heavy, four‑engine, partial double deck, twin–aisle main deck, single–aisle upper deck, medium- to long-range wide body
Heavy, twin-engine, twin aisle, medium- to long-range wide body
Heavy, twin-engine, twin aisle, medium- to long-range, ultra-long-range (200LR), wide body
Heavy, twin-engine, twin aisle, long-range wide body
In 2019, Boeing recorded US$ 76.6 billion in sales. As of the beginning of 2020, BCA employed almost 65,000 people.
In 2019, Boeing’s global reputation, commercial business, and financial rating suffered after the 737 MAX was grounded worldwide following two fatal crashes in late 2018 and early 2019.