Boeing 2021 Annual Report Hero Image

Forward,
Together

Read the 2021 Boeing Annual Report and learn more about our people, products and services

Our journey towards becoming a better, stronger Boeing continues. From ongoing recovery during the COVID-19 pandemic and rebuilding trust with customers, partners and the public to seizing new market opportunities and embracing our own digital revolution, Boeing continues to make a difference globally. Our Annual Report captures the collaboration, innovation and dedication that persisted in 2021 and set us up for success for years to come.

2021 Annual Report Proxy Statement
Dave Calhoun image

David L. Calhoun
Boeing President and CEO

With revitalized spirit and an unwavering commitment to transparency in all we do, we are transforming to be a better, stronger Boeing, propelled by the spirit of innovation that has been our hallmark for more than a century.”

Each of us has a hand in our revitalization, and everyone has a story to tell

Ambassadors for Compliance and Integrity

Woman in mask standing in front of computer

How we do our work is just as important as the work we do; the way for us to grow, increase our customers’ confidence, and honor our company’s legacy is by performing with integrity. That is why we launched an Ethics Ambassador Program. Our ambassadors are embedded within the business to foster a culture of compliance, amplify our values, listen to concerns, and elevate issues.

“Seek, Speak & Listen are simple habits that can help us make better decisions and strengthen our teams. It comes down to creating an inclusive culture by seeking out potential issues, empowering people so they feel comfortable opening up to you, and then making sure they know what they are saying is being heard,” said Ethics Ambassador Christine Vasko.

Revolutionizing How We Operate

2 people sitting in the cockpit of a Boeing T-7A

The Boeing T-7A Red Hawk team is revolutionizing the way aircraft are built at the St. Louis production facility. The team uses advanced digital design techniques and model-based engineering that have resulted in a vast improvement in quality. Boeing’s Digital Transformation team is using lessons learned here and in other programs such as the MQ-25 to lead a shift that will allow the company to shape the future of engineering and lifecycle support through model-based, connected design and data-driven support methodologies.

The goal is to reinvent how to work across the entire Boeing value stream, leveraging a collaborative, digital environment where products and systems can be designed, tested, built and supported hundreds of times in the virtual world to ensure first-time quality and optimal readiness in the real world.

“Having worked on programs where I had to drill and countersink holes in airframes, I doubted whether assembling an aircraft with prefabricated sections would be precise enough to pass our rigorous quality inspections,” said T-7A aircraft mechanic Will Helton. “I soon realized the quality has actually improved and it’s not as demanding physically. I don’t think we will ever go back to the old way of building aircraft.”

Will Helton image

Will Helton
T-7A Aircraft Mechanic

I doubted whether assembling an aircraft with prefabricated sections would be precise enough to pass our rigorous quality inspections. I soon realized the quality has actually improved.”

737 MAX Safe Return to Service

737 MAX Return to Service stats chart

737 MAX 2021 Milestones

January

September 19, 2019 in

  • European Union Aviation Safety Agency (EASA) and U.K. Civil Aviation Authority approvals for 737 MAX return to service

February

  • Air Canada, United Airlines and TUI return 737 MAX to service
  • UAE General Civil Aviation Authority approval

March

  • Australia Civil Aviation Safety Authority approval
  • Alaska Airlines introduces 737 MAX into service
  • Southwest Airlines returns 737 MAX to service
  • Investment firm 777 Partners orders 24 737-8s
  • Southwest Airlines orders 100 737-7s and 737-8s
  • Federal Aviation Administration certifies 737-8-200

April

  • EASA certifies 737-8-200
  • flydubai and Turkish Airlines return 737 MAX to service

June

  • Flair Airlines introduces 737 MAX into service
  • 737-10 first flight
  • Ryanair introduces 737-8-200 into service
  • United Airlines orders 200 737 MAX airplanes

August

  • India Directorate General of Civil Aviation (DGCA) approval

September

  • Civil Aviation Authority of Malaysia approval
  • Civil Aviation Authority of Singapore approval

November

  • Akasa Air orders 72 737 MAX airplanes
  • SpiceJet returns 737 MAX to service
  • South Korea Ministry of Land, Infrastructure and Transport approval
  • Singapore Airlines returns 737 MAX to service

December

  • Civil Aviation Administration of China approval
  • Indonesia DGCA approval
  • Civil Aviation Authority of Vietnam approval
Jennifer Henderson image

Jennifer Henderson
Chief pilot and pilot-in-command of the Women Aloft Flight Test

Everyone on board was responsible for safely executing, monitoring and analyzing test conditions, and each played a pivotal role. This is what is possible when you pay attention to diversity and inclusion.”

Diversity in Action

Inclusion Makes Us Better

people sitting at a desk with computers

Last year, we published our diversity metrics for the first time in the 2021 Global Equity, Diversity & Inclusion Report. Although our data shows we are on par with the aerospace industry and have made advancements in many areas, there is still much room to improve, and we are committed to the work ahead.

Each member of our global team brings something uniquely valuable to Boeing, and we grow stronger when everyone has an opportunity to contribute. We continue to take meaningful steps to advance an open and respectful environment where everyone feels welcome not just at Boeing, but also in our communities and beyond.

We share our progress and challenges every year as a way of holding ourselves accountable for achieving the goals we’ve set, but also to invite others to help us get better at this important work.

2021 GEDI Report

Attracting Diverse Talent

Rendering of new Boeing Engineering Center Rendering of new Boeing Engineering Center in Bengaluru, India
Employees in Winnipeg, Canada Employees in Winnipeg, Canada
Haesun Kim in Seoul, Korea Haesun Kim in Seoul, Korea

Boeing’s culture of care involves creating an environment that retains and attracts the world’s top talent, inspiring and motivating employees to do their best work, and view the company as a special place to grow their careers by allowing them to contribute to projects that change the world. Boeing engineering centers in several countries, including Korea, Canada, India and Brazil, attract diverse global talent while the company continues to invest in their innovation and growth.

In Korea, women make up almost half of the team at the Boeing Korea Engineering & Technology Center. AvionX software architect Haesun Kim says it’s empowering to work in a more gender-balanced workplace. “It’s very exciting to be able to amplify my own creativity at Boeing, and I credit that to the incredible diversity of thought and experience of my teammates.”

Global talent has helped power Boeing’s innovation and success for decades. The company's site in Winnipeg, Canada, opened in 1971 with 50 employees, steadily expanding to become one of the company’s largest international manufacturing operations and largest aerospace composite manufacturer in the country. Today, there are about 1,000 employees, with more than 100 technical professionals.

“Boeing Winnipeg engineers are knowledgeable and experienced in all aspects of the airplane life cycle. This deep understanding drives creativity and innovation, the key elements to our success,” said Dimitrios Kukutsidis, senior manager of Engineering and Product Development.

The Boeing India Engineering & Technology Center (BIETC) employs more than 3,000 engineers and innovators across Bengaluru, Chennai, and Hyderabad to develop technologies that shape the future of aerospace for India and beyond.

“At BIETC, our 3,000-plus diverse engineering workforce contributes to global aerospace growth by delivering cutting-edge R&D, innovation, and high-quality engineering work for Boeing's defense, space, and commercial businesses. Our teams are committed to delivering safe products and services to serve our global customers,” said Ahmed Elsherbini, managing director of BIETC and chief engineer of Boeing India.

“Brazilian aerospace engineers are renowned for their highly skilled technical ability and practical problem solving skills,” says Landon Loomis, vice president of Latin America, Caribbean & Global Policy and managing director of Boeing Brazil. “This is exactly the sort of mindset and capability we need to solve the next generation of engineering challenges, and move our industry towards a more sustainable and efficient future.”

Want to join our team? Explore job opportunities, internships and more at Careers at Boeing.

Reaching New Heights

Boeing team of all women standing in front of 737-10 after successful flight test

In October 2021, a Boeing team successfully completed a regular developmental flight test of the company’s 737-10 airplane. Yet this flight test was different from all the previously recorded ones before it: The Boeing teammates who conducted this flight were all women.

“Everyone on board was responsible for safely executing, monitoring and analyzing test conditions, and each played a pivotal role. This is what is possible when you pay attention to diversity and inclusion,” said Jennifer Henderson, chief pilot and pilot-in-command of the Women Aloft Flight Test.

Read more about the lab, factory and flight testing in Innovation Quarterly’s Q1 2022 issue.

Brian Yutko image

Brian Yutko
Vice President and Chief Engineer of Sustainability and Future Mobility

Boeing’s close partnership with Wisk is an opportunity to harness our vast engineering know-how combined with Wisk’s innovative self-flying eVTOL technology to achieve this next giant leap in aviation, always leading with safety.”

Sustainable Aerospace

Over the past century, air travel has connected people around the world. Billions of passengers fly every year to connect with loved ones, discover new places and cultures, engage in commerce and care for those in need. By 2050, we see a world where air travel will carry over 10 billion passengers a year, support 180 million jobs and generate nearly $9 trillion in economic activity.

At the same time, defense aerospace continues to be essential to national security, humanitarian and peacekeeping efforts. We must preserve the societal and economic benefits of aerospace, doing it safely and sustainably.

Minimizing aerospace’s impact on our planet requires a multifaceted global approach and partnerships. Whether we are testing new technologies on the ecoDemonstrator program, ensuring we deliver commercial airplanes that are ready to fly on 100% sustainable aviation fuels by 2030, or finding more efficient ways for our commercial and defense customers to operate their fleets, we are committed to doing our part to decarbonize global civil aviation operations by 2050.

“Strong partnerships are essential because advancing sustainability is a team sport and requires action collectively across the aviation value chain,” said Valentina Vecchio, Strategic Engagement & Execution lead, Global Sustainability Policy & Partnerships.

Sustainability at Boeing

Our environmental, social and governance (ESG) activities are communicated around four pillars: people, products and services, communities and operations. We published our first Sustainability Report in July 2021, focusing on our journey, our industry point of view, stakeholder responsiveness and data transparency, and plan to publish another report in 2022. We also assessed our efforts against the main global ESG frameworks and focus on targeted ratings given their prevalence with our stakeholders.

Wisk is an incredibly exciting technology venture that will pioneer one of the world’s first zero-emissions, autonomous commercial aircraft and bring sustainable flight closer to home for millions of people around the world.

“Boeing’s close partnership with Wisk is an opportunity to harness our vast engineering know-how combined with Wisk’s innovative self-flying eVTOL technology to achieve this next giant leap in aviation, always leading with safety,” said Brian Yutko, vice president and chief engineer of Sustainability and Future Mobility.

Jonas Prasanna image

Jonas Prasanna
Senior HR Generalist for Boeing India

When I learned Boeing was helping build a COVID-19 field hospital in Bengaluru and in places that didn’t have medical resources, I felt a weight lift off my shoulders. Seeing a piece of barren land transform into a fully equipped facility in less than a month was truly an example of how we can help our communities. My son proudly says now that his dad works for a company that builds aeroplanes and hospitals.”

Global Solutions for Global Needs

Protecting Heroes and Saving Lives

Afghan refugees on Boeing C-17 Globemaster Courtesy: U.S. Air Force
C-17 Globemaster in flight Courtesy: U.S. Air Force

As part of a contract with the U.S. Department of Defense, Boeing Global Services teams will continue to enable the C-17 Globemaster III’s worldwide mission readiness, which includes critical sustainment in the field.

“The C-17 continues to serve as the strategic airlift workhorse for the nation, as evidenced by its impressive performance in the recent airlift of more than 124,000 evacuees from Afghanistan in an around-the-clock operation. AMC looks forward to the continued partnership with our Boeing teammates as we work to keep the Globemaster fleet healthy for years to come,” said Brigadier General Darren Cole, U.S. Air Force Air Mobility Command (AMC) Director of Logistics, Engineering and Force Protection.

Top: Civilians inside a C-17 Globemaster III, as the U.S. Air Force evacuated them from Kabul, Afghanistan, in August 2021 during one of the largest air evacuations of civilians in history. Bottom: A C-17 in flight.

Converting to Meet a Need

group of people inspecting bottom of plane

Boeing logged record orders and commitments for Boeing converted freighters, which remain in high demand for vital supply chain operations and for express and e-commerce logistics. To meet customer demand amid the COVID-19 pandemic, the program is expanding capacity at existing maintenance, repair and overhaul (MRO) supplier facilities in the Asia-Pacific region and is adding new conversion sites in the Americas and Boeing’s own London Gatwick facility.

“At the end of the day, I look around and see packages being delivered and know that my work contributes to this with a versatile freighter that is serving routes across five continents,” said Anthony Chau, liaison engineer for Flight Test and Modifications.

Learn more about the Boeing Converted Freighter program here.

Enabling Critical Relief

COVID-19 field hospital in Bengaluru

In addition to a $10 million assistance package for COVID-19 relief in India, Boeing worked with health care providers to support vaccination drives and find medical care for employees when hospital beds were in short supply.

“When I learned Boeing was helping build a COVID-19 field hospital in Bengaluru and in places that didn’t have medical resources, I felt a weight lift off my shoulders. Seeing a piece of barren land transform into a fully equipped facility in less than a month was truly an example of how we can help our communities. My son proudly says now that his dad works for a company that builds aeroplanes and hospitals,” said Jonas Prasanna, senior HR generalist for Boeing India.

Jim Chilton image

Jim Chilton
Senior Vice President of Space and Launch

We create space systems that connect and protect people globally and enable exploration of other worlds.”

Driven by Purpose

Our purpose: We protect, connect, and explore our world and beyond.

On a Mission to Protect

Loyal Wingman image

The Boeing Airpower Teaming System (ATS), also known as Loyal Wingman, is a first-of-its-kind uncrewed system designed to fly autonomously alongside crewed aircraft and perform a range of missions. Developed by Boeing Australia teams and the Royal Australian Air Force (RAAF), two aircraft completed first test flights in 2021.

“The close collaboration with the RAAF allows us to rapidly design and develop innovative solutions and digital engineering technologies,” said Simon Jacombs, ATS engineering manager.

STEM Career Connections

Chinese students in STEM program Courtesy: YouChange Foundation

Boeing’s Soaring With Your Dream educational program in China continues to create meaningful STEM connections, training more than 120 teachers to reach students at more than 30 additional schools in 2021. Boeing volunteers used enhanced training systems to encourage teachers to embed STEM activities into their curriculum. The program received recognition at the 2021 CSR China Education Awards and also made the CSR China Top 100 list. The program is in place in more than 1,600 Chinese schools, with more than 3,700 teachers participating to date.

Committed to Explore

Space Launch System Artemis rocket Courtesy: NASA/Frank Michaux

From the Space Launch System (SLS) Artemis undertaking to return us to the moon, Starliner’s mission to transport crews to the International Space Station, and cutting-edge products and solutions being provided to the U.S. Space Force, Boeing is advancing a new chapter that underscores its commitment to human space exploration.

“We create space systems that connect and protect people globally and enable exploration of other worlds,” said Jim Chilton, senior vice president of Space and Launch.

two men in masks working in factory

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