SEATTLE—Boeing is looking on the bright side after the World Trade Organization ruled that the aircraft manufacturer illegally benefitted from subsidies from Washington state. Boeing said the decision was a victory in that the WTO rejected all but one of the claims from the European Union saying the incentives were anti-competitive and unfair to rival Airbus.
EVERETT, WA—The Boeing Co. is streamlining 767 production as it prepares to make more of the durable widebody jet in 2017. Boeing plans to increase the production rate for 767s from two a month to 2.5 planes a month next year.
CHICAGO—Boeing is honing designs for midrange planes that could fill the gap between the largest single-aisle 737 and the smallest widebody 787 — a relatively untapped market where Airbus is starting to extend its reach.
CHICAGO—Boeing will open a plant in China in partnership with state-owned Commercial Aircraft Corp. of China. The new factory will focus on painting and assembling twin-engine 737 aircraft manufactured in the US. Chinese firms also agreed to buy 300 Boeing jets, in deals worth about $38 billion.