Pacific Aero Products incorporated
William Boeing's company was incorporated as Pacific Aero Products Co., according to Boeing's chronology.
Boeing began in Seattle in 1916 as Pacific Aero Products and grew into a major maker of commercial jets and a defence and space contractor. Two fatal 737 MAX crashes in 2018 and 2019 led to a worldwide grounding, a federal fraud conspiracy charge and an SEC settlement. A 2024 door plug blowout on an Alaska Airlines 737-9 brought renewed scrutiny, a change of chief executive and the reacquisition of supplier Spirit AeroSystems.
Boeing is listed on the New York Stock Exchange under BA and led by Kelly Ortberg. The 737 MAX criminal case was dismissed in November 2025 and the Fifth Circuit denied the families' petitions in March 2026. Boeing reported a record backlog of $745 billion at 30 September 2026.
William Boeing's company was incorporated as Pacific Aero Products Co., according to Boeing's chronology.
The company changed its name to Boeing Airplane Co.
The Boeing 747 made its first flight.
The US Federal Trade Commission said it had closed its investigation of Boeing's proposed merger with McDonnell Douglas, stating that no further action was warranted at that time.
A Lion Air 737 MAX crashed in Indonesia shortly after take-off, killing all 189 passengers and crew, according to the Justice Department.
An Ethiopian Airlines 737 MAX crashed after take-off from Addis Ababa, killing all 157 passengers and crew.
The 737 MAX was officially grounded in the United States, according to the Justice Department's account.
Board member David Calhoun became president and chief executive, according to Boeing, which later said he had served in the role since January 2020.
The Justice Department charged Boeing with one count of conspiracy to defraud the United States in connection with the FAA evaluation of the 737 MAX, and Boeing entered a deferred prosecution agreement. It agreed to pay more than $2.5 billion, including a $243.6 million criminal penalty, $1.77 billion to airline customers and a $500 million fund for crash victims' beneficiaries.
The SEC charged Boeing and former CEO Dennis Muilenburg with making materially misleading public statements after the crashes, and its orders found they negligently violated antifraud provisions. Without admitting or denying the findings, Boeing agreed to pay $200 million and Muilenburg $1 million.
The left mid exit door plug of an Alaska Airlines 737-9 separated in flight while the aircraft climbed after take-off from Portland, Oregon. The crew returned and landed, and one flight attendant and seven passengers had minor injuries, according to the NTSB.
After prosecutors told the court in May 2024 that Boeing had breached the 2021 agreement, the parties submitted a plea agreement under which Boeing would plead guilty and serve a term of probation, according to the court.
Boeing agreed to buy fuselage supplier Spirit AeroSystems for $37.25 a share in stock, an equity value of about $4.7 billion and a total of about $8.3 billion including net debt.
Former Rockwell Collins chief executive Kelly Ortberg took over as president and CEO, succeeding Calhoun, who had announced plans to retire.
US District Judge Reed O'Connor rejected the plea agreement as not in the public interest, in part because Boeing would have had veto power over the government's choice of an independent monitor, according to his later order.
The Justice Department filed a motion to dismiss the charge together with a non-prosecution agreement signed with Boeing. Al Jazeera reported that the agreement included $444.5 million for crash victims, a $243.6 million fine and more than $455 million for compliance, safety and quality programmes.
The NTSB held its board meeting on the Alaska Airlines accident and cited Boeing's failure to provide adequate training, guidance and oversight for its parts removal process. It cited ineffective FAA oversight as contributing.
Judge O'Connor granted the government's motion to dismiss, finding it had not acted in bad faith, while agreeing with the families that the agreement lacked accountability.
Families of crash victims filed two petitions for writs of mandamus under the Crime Victims' Rights Act, one against the 2021 agreement and one asking the appeals court to set aside the non-prosecution agreement and the dismissal.
Boeing said it had completed its acquisition of Spirit AeroSystems.
A three-judge panel of the Fifth Circuit held that the Justice Department had not violated the families' rights under the Crime Victims' Rights Act and denied both mandamus petitions.
The Fifth Circuit declined to rehear the families' challenge before the full court, Law360 reported on 26 May 2026.
Boeing said the US Navy had awarded it a multi-billion-dollar contract to design, build and deliver the F/A-XX, a sixth-generation fighter to replace the F/A-18 Super Hornet.
Boeing said the FAA had approved the amended type certificate for the 737-10, the largest 737 MAX model. Its quarterly results said the 737-7 had also been certified in the third quarter.
Boeing reported revenue of $24.2 billion, a net loss of $116 million, 161 commercial deliveries and a record backlog of $745 billion. It said operating cash flow included about $0.7 billion of Justice Department settlement payments.
Lion Air flight 610 crashed off Indonesia in October 2018 and Ethiopian Airlines flight 302 crashed near Addis Ababa in March 2019, killing all 346 people aboard the two ...
On January 5, 2024, the left mid exit door plug separated from an Alaska Airlines Boeing 737-9 climbing out of Portland, Oregon, and the airplane returned and landed safe...
The US Department of Justice charged Boeing with one count of conspiracy to defraud the United States, alleging that two Boeing 737 MAX technical pilots concealed informa...
On June 12, 2025, Air India flight 171, a Boeing 787-8 bound for London Gatwick, crashed into buildings in Ahmedabad shortly after takeoff, killing 241 of the 242 people ...
Last updated 31 October 2026. Spotted an error? See corrections. Every event links to the record it comes from. Allegations are attributed to whoever made them.