The History of Boeing Company

The Boeing Company designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. It operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements; and provides related support services to the commercial airline industry. This segment also offers aviation services support, aircraft modifications, spare parts, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment researches, develops, produces, and modifies manned and unmanned military aircraft, and weapons systems for global strike, vertical lift, and autonomous systems, as well as mobility, surveillance, and engagement. The Network & Space Systems segment researches, develops, produces, and modifies strategic defense and intelligence systems, satellite systems, and space exploration products.

1. United Airlines is owned by the UAL Corporation and was incorporated on December 30, 1968. The actual company was formed may years before this actually in 1925 and was a private mail carrying service between Pasco, Washington, and Elko, Nevada, and from these humble beginnings they formed a were able to start a company that would come to be a global leader in the airline service. From the 1960’s to the 1980’s the company had 6 different presidents and started to expand and venture into different aspects of business other then airlines and were unable to have any success. These companies that they purchased were not a success and were later resold.

Boeing the huge corporation that it is has had its fair share of legal issues. The corporation has to pay special attention to detail when it concerns obeying the laws and regulations in regard the manufacturing of aircraft. The planes must be tested for safety and flying ability before they ever hit the mainstream public. Notices on the aircraft tell passengers when they should be buckled and when it is considered safe to unbuckle. Engineers have to provide manuals for the

During and after the filming of his movies, his passion for aviation had exploded! In 1928 he received his pilot license. In 1932, Howard started Hughes Aircraft Company, which was part of his father’s previously known business, Hughes Tool Company. It was originally developed to turn a military aircraft into a racer, but it eventually developed aviation inventions (Lerner, 2004).

Founded in 1916, Boeing acted as one of the first aerospace producers in the United States. The idea for creating Boeing took place in Seattle in 1914, by a guy named William E. Boeing. The company built many different models such as the 707, 727, 737, and 747. Because the 747 jetliner was so expensive, it almost caused Boeing to go bankrupt. The Boeing 707 was the world’s first commercially viable jetliner, revolutionizing the travel experience. Then, came out with the 747 which lowered costs and airfares.

A final consideration that needs to be evaluated is the set up of the Boeing business. It is set up as two separate businesses- the integrated defense systems business and the commercial business. The defense systems group experienced significant revenue growth due to the war and demand from fear of terrorism. As stated previously, the aircraft division is experiencing an uncertain market. Analysts believe that Boeing has significant technology advantages because of the transferability of R&D across the two divisions.

The story of Boeing started in a Seattle, WA shipyard in March 1910, but the company didn’t get its official start until July 1916. Throughout Boeing’s history, it has been closely associated with military aviation, through its early foray into air mail delivery eventually gave birth to United Airlines in 1934 (A Century in the Sky, 2015). Boeing aircraft and support of allied forces during World War II was a key asset in bringing the war to a close and kept the skies in the Korean War clear. Its aviation knowledge and

Financial Statement Analysis “Mom, I want to purchase stocks in the Boeing by my money.” My son, a 12-year-old boy, told me a few month ago. His dream job is a pilot, and he has been a big fan of airplanes. The first thing he would like to do in the U. S. was to join the Boeing factory tour, and his most favorite museum is The Flight in Seattle, sponsored by the Boeing. Four years have passed since we have been in Portland, but it seems that his interest has never changed.

(Ganzel, n.d.) After the war Delta continued to advance its operations across the country and into Venezuela, and in 1943 Delta purchased Chicago and Southern Airlines and flew under the named Delta-C&S. Over the next few decades Delta continued to grow and acquired over 16 airlines including Pan Am, Comair, and Northwest Airlines. This added jet airliners to its fleets and set a coast-to-coast record in the 1960s. (History of Delta Airlines, n.d.)

Boeing Company has been and is still at the forefront of the aviation industry. The late 1990s were a time of trial and transition where the company encountered and overcame a number of

The Boeing Corporation is one of the largest manufacturers in the world. Rivaled only by European giant Airbus in the aerospace industry, Boeing is a leader in research, design and manufacture of commercial jet airliners, for commercial, industrial and military customers. Despite enjoying immense success in its market and dominating an industry that solely recognizes engineering excellence, it is crucial for Boeing to ensure continued growth through consistent strategy formulation and execution to avoid falling behind in market share to close and coming rivals.

Boeing was the sales leader of the airframe industry, as well as one of America’s leading exporters. It had built more commercial airplanes than any other company in the world. Sales in 1981 were $9.2 billion; of the total, $5.1 billion were ascribed to the Boeing Commercial Airplane Company, the firm’s aircraft manufacturing division. Other divisions produced missiles, rockets, helicopters, space equipment, computers and electronics. History The Boeing Company was founded in 1916 by William E. Boeing, the son of a wealthy timber man who had studied engineering at Yale. In its earliest days, the company built military aircraft for use in World War I. It began to prosper in the 1920s and 1930s, when the civil aviation market expanded, primarily because of the demand for mail carrying. At about that time, William Boeing issued a challenge

Boeing envisioned a higher-efficiency aircraft with lower operating costs to meet the needs of cash-strapped airlines in the midst of an unstable petroleum

As the largest aerospace company in the world, the Boeing Company employees more than 153,000 people in some 67 countries. The great dominance of Boeing is due to its 1997 merger with McDonnell Douglas Corporation, an aerospace manufacturer, and its 1996 purchase of the defense and space units of Rockwell International Corporation, an aerospace contractor. The corporation is the world’s number one maker of commercial jetliners and military aircraft with more than 9,000 commercial planes in service worldwide, including the 717 through 777 families of jets

In examining the history of aviation in the U.S. and the development of the airlines, it is clear that the Federal Government played a vital role in the development of both. Historical records clearly show that this involvement by the Federal Government was critical in getting them established and in helping to develop them into the globally dominant enterprises they are today. Furthermore, it can be easily argued that U.S. aviation as a whole, and the airlines in particular, would not be where they are today without this direct involvement by the Federal Government and some of the very specific actions that it has taken to keep them relevant and competitive during the most dire of times. The Federal Government ensured that U.S. aviation and its airlines would develop and achieve a worldwide leadership role by becoming involved in three major ways: through funding, legislation, and policy setting.