Boeing is a US multinational aerospace and defence group, which was founded in 1916 by William Boeing. The company merged with McDonnell Douglas in 1997, and its business units include Boeing Commercial Airplanes (BCA); Boeing Defense, Space & Security (BDS); Engineering, Operations & Technology; Boeing Capital; and Boeing Shared Services Group.


Maker freezes parts prices

BOEING yesterday said it was freezing its spare parts prices at 1992 levels to help customers through tough economic times.

''We think it's important to help the airlines, many of which are struggling to break even,'' said Richard Albrecht, executive vice-president of Boeing.