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Donald Douglas started working with William Boeing after graduating from MIT and the purchase of the shipyard in Seattle
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Boeing company was created by William Boeing after buying storage and property
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First contract with U.S. Military for creating weapons and aircrafts
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William Boeing created the UTAC (United Aircraft and Transport Corp.)
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Boeing made the first commerical airplane able to fly passengers to get to a place on the globe
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The UTAC broke apart after many air mail accidents and the U.S congress committed Boeing of monopolistic practices and stopped Boeing from continuing their commercial airliner section of business
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Boeing stopped focusing on making commerical jets after this incident and continued to make military planes and make more advancements for the U.S. Military Boeing was
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Boeing was producing more products then they knew what to do with for the U.S government Boeing had to increase their employment by 50,000 workers
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Donald Douglas takes over
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The airline industry became saturated during the 70s causing a huge problem for Boeing as they started focusing on commerical and mail planes rather than U.S government
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On top of 1969 2 years later another 41,000 workers for Boeing were laid off with this saturation of the market
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During the 3 years of the Boeing Bust it had put almost 86,000 workers out of jobs during this countries recession at this time
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Boeing went back on top after Amazon and Microsoft took off giving the company more business this brought the employment back up to over 100,000 employees
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Donald Douglas was one of the main reasons Boeing has thrived as a company Donald Douglas was considered an airline industrialist
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Boeing's competition began to catch the Corporation at being on top Airbus was making planes for cheaper amounts of money and having European countries dumping millions of dollars into their company causing Boeing to lay off 28,000 trained mechanics with their market decreasing again.
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As the European countries start dumping billions into Airbus caused Bill Clinton to step into the debate of this being okay. President Clinton stated that the cause of the job lay offs were due do the European countries and that he will not "play dead" with this occurring it must be stopped.
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McDonnell Douglas was Boeing chief competitor in the defensive field
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After 9/11 the aerospace was on a slow and steady decline creating business to be slow
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Boeing's employment went back up to 87,000 with more new contracts from the U.S. government creating space tech missiles and more jets
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Employment over 100,000
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Worlds top selling jet the Boeing 737 started lacking with two crashes back to back because of the Boeing 737 malfunctioning causing a scare in society about flying creating problems for more then just the Boeing company.