A look at some turbulent times since Boeing moved to Chicago in 2001.
A look at some turbulent times since Boeing moved to Chicago in 2001:
Sept. 4, 2001
— Boeing opens for business at its new downtown Chicago headquarters, less than six months after announcing its planned move from Seattle.
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Sept. 11, 2001
— Four Boeing-made planes are hijacked by terrorists and crashed in terrorist attacks that kill nearly 3,000 people. Airline industry goes into deep slump; Boeing’s stock loses more than 40 percent of its value within two weeks.
Dec. 20, 2002
— Boeing announces it is scrapping plans to build the Sonic Cruiser, a plane that would have traveled near the speed of sound, in favor of a more-traditional, fuel-efficient jet.
July 24, 2003
— Pentagon bans Boeing from bidding on military satellite-launching contracts to punish it for stealing trade secrets from rival Lockheed Martin to help win rocket contracts.
Sept. 17, 2003
— Pentagon opens an investigation into allegations that former Air Force official Darleen Druyun improperly gave Boeing information about a competing bid on a widely criticized military contract to acquire 100 air-refueling tankers.
Nov. 24, 2003
— Boeing fires Chief Financial Officer Mike Sears and Druyun for unethical conduct, saying Sears negotiated Druyun’s hiring at Boeing while she was still working for the Pentagon and in a position to influence Boeing contracts.
Dec. 1, 2003
— CEO Phil Condit resigns, hoping “to put the distractions and controversies of the past year behind us.” Retired Boeing executive Harry Stonecipher succeeds him.
Dec. 16, 2003
— Boeing begins taking orders for the 787, its first all-new airplane since the 777 in 1990.
Jan. 15, 2004
— Airbus officially overtakes Boeing as the world’s largest commercial-jet maker, announcing it had delivered 305 airplanes in 2003 to Boeing’s 281.
Oct. 1, 2004
— Druyun is sentenced to nine months in prison for conspiracy to violate federal conflict-of-interest regulations after admitting she helped Boeing on contracts as a “parting gift” before joining the company.
— Sears sentenced to four months in prison for aiding and abetting illegal employment negotiations.
— Air Force lifts its 20-month ban prohibiting Boeing from bidding on satellite-launch contracts.
— Boeing announces that Stonecipher resigned under pressure the previous day as a result of improper conduct related to an affair with a female Boeing executive.