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The Boeing Company ( NYSE:BA) is a leading American aircraft and aerospace manufacturer, headquartered in Chicago, Illinois, with its largest production facilities near Seattle, Washington. It is also a defense contractor. It is listed on the New York Stock Exchange under the ticker symbol BA and is a component of the Dow Jones Industrial Average.

1 History

1.1 Before 1950s

The company was founded in Seattle by William E. Boeing on July 15, 1916, together with George Conrad Westervelt , a U.S. Navy engineer, and was named "B&W" after their initials. Soon the name was changed to "Pacific Aero Products" and, in 1917Events January 2 The Royal Bank of Canada takes over Quebec Bank. January 22 World War I: President Woodrow Wilson calls for "peace without victory" in Europe. January 25 The Danish West Indies is sold to the United States for $25 million January 25 Anti-, the company became the "Boeing Airplane Company." William E. Boeing had studied at Yale UniversityYale University is a private university in New Haven, Connecticut. Founded in 1701, Yale is the third oldest American collegiate institution (or fourth, if St. John's College, Annapolis is included) and one of the most prestigious in the world. The Univer and worked initially in the timberTimber is a term used to describe clusters of trees. It is also used to describe wood throughout its processing from the time it is cut down to the time it is used as a structural material. The word timber is also used as an exclamation when a tree falls. industry, where he became a rich man. There he also acquired knowledge about woodThis article describes the wood that comprises trees and boards. For the Chinese element, see wood (classical element). For the town, see Wood, South Dakota or Wood, Wisconsin. For the type of golf club, see golf club (equipment). Veluwe, The Netherlandsen structures which was later revealed to be of value for the design and assembly of airplanes.

In 1927Centuries: 19th century 20th century 21st century Decades: 1870s 1880s 1890s 1900s 1910s 1920s 1930s 1940s 1950s 1960s 1970s Years: 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 See also 1927 in aviation 1927 in film 1927 in literature 1927 in mu, Boeing created an airline, named Boeing Air Transport (BAT). A year later, BAT, as well as Pacific Air Transport and Boeing Airplane Company merge into a single corporation. The company changed its name to United Aircraft - Transport Corp. in 1929Centuries: 19th century 20th century 21st century Decades: 1870s 1880s 1890s 1900s 1910s 1920s 1930s 1940s 1950s 1960s 1970s Years: 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 See also 1929 in aviation 1929 in film 1929 in literature 1929 in mu and acquired Pratt & WhitneyPratt & Whitney is an American owned aircraft engine manufacturer whose products are widely used in both civil and military aircraft. The company was founded in 1860 by Francis Pratt & Amos Whitney with headquarters in Hartford, Connecticut. As one of the, Hamilton Standard Propeller Company , and Chance Vought. United Aircraft then purchased National Air Transport in 1930. The Air Mail Act of 1934 prohibited airlines and manufacturers from being under the same corporate umbrella, so the company split into three smaller companies - Boeing Airplane Company, United Airlines, and United Aircraft Corporation , the precursor to United Technologies. Bill Boeing sold his shares, as a result.


Shortly after, an agreement with Pan American World Airways was reached, to develop and build a commercial flying-boat able to carry passengers on transoceanic routes. The first flight of the Boeing 314 Clipper was in June 1938. It was the largest civil aircraft of its time, with a capacity of 90 passengers on day flights, and of 40 passengers on night flights. One year later, the first regular passenger service from the US to England was inaugurated. Subsequently other routes were opened, so that soon Pan American flew with the Boeing 314 to destinations all over the world.

During WWII Boeing built a huge number of bombers. Many of the workers were women whose spouses had gone to war. In the beginning of March 1944, production had been scaled up in such a manner that over 350 planes were built each month. To prevent an attack from the air, the plants had been covered with greenery and farmland items. During these years of war the leading aircraft companies of the US cooperated. The Boeing-designed B-17 bomber was assembled also by Lockheed Aircraft Corp. and Douglas Aircraft Co., while the B-29 was assembled also by Bell Aircraft Co. and by Glenn L. Martin Co.

After the war, most orders of bombers were canceled and 70,000 people lost their jobs at Boeing. The company aimed to recover quickly by selling its Stratocruiser, a luxurious four-engine commercial airliner developed from a military aircraft. However, sales of this model were not as expected and Boeing had to seek other opportunities to overcome the situation. The company sold with success military aircraft adapted for troop transportation and for aerial refueling.




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