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        • Mortgage rates today, April 3, 2020 plus reviews
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Bulls have been rejected at $7,000
          • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
          • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Prime ICO Advertising and marketing Companies
          • Bank of America U.S. Minimum Hourly Wage Reaches $20
            • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
              • Roll up the Sleeves! American Airlines was down -10.34%
              • Mortgage calculator rates today April 2, 2020
              • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
              • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
                • With Bank of America card you can request a payment deferral online
                  • Bank of America fields 150,000 installment deferral demands
                • Coronavirus – Travel Insurance no cover cancellations
                  • Bank of America said it won’t cut any positions
              • Bitcoin Price Today April 2 – BTC rise to $6,700
              • Mortgage calculator rates today March 31, 2020
              • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
              • Bitcoin Price Recovering After a Sharp Decline
              • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
              • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
            • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
            • P2P Crowdlending – Average Interest Rate 18%
            • $633 Million BTC Transferred For Simply $0.26 Payment
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
      • Best Fintech Companies to Work for 2020
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      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
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      • Mortgage Calculator Rates Today April 3
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      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
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    • Bitcoin Price Today April 3
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    • Today Bitcoin Price at $6,600
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      • BTC Price Today | 6 April 2020
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        • Mortgage rates today, April 3, 2020 plus reviews
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Bulls have been rejected at $7,000
          • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
          • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Prime ICO Advertising and marketing Companies
          • Bank of America U.S. Minimum Hourly Wage Reaches $20
            • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
              • Roll up the Sleeves! American Airlines was down -10.34%
              • Mortgage calculator rates today April 2, 2020
              • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
              • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
                • With Bank of America card you can request a payment deferral online
                  • Bank of America fields 150,000 installment deferral demands
                • Coronavirus – Travel Insurance no cover cancellations
                  • Bank of America said it won’t cut any positions
              • Bitcoin Price Today April 2 – BTC rise to $6,700
              • Mortgage calculator rates today March 31, 2020
              • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
              • Bitcoin Price Recovering After a Sharp Decline
              • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
              • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
            • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
            • P2P Crowdlending – Average Interest Rate 18%
            • $633 Million BTC Transferred For Simply $0.26 Payment
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
      • Best Fintech Companies to Work for 2020
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      • Stock Market: U.S. Stocks Turn Higher
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    • Royal Bank of Canada
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      • Best Online Checking Accounts of 2020
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      • 6% cd rates – They Exists ?
    • Transfer Money Online
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    • Chase Online
    • Best Money Market Accounts of 2020
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  • Credit Cards
    • Credit Cards “Best of…”
      • Capital One Credit Card – Best Cards of 2020
      • Best Credit Cards for Students 2020
      • Best Airline Credit Card 2020
      • Best Gas Rewards Credit Cards of 2020
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      • Best Travel Credit Card 2020
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      • Best Secured Credit Cards 2020
      • Best Credit Cards for Bad Credit 2020
        • Chase Credit Card
        • Qantas Credit Card
      • Best Rewards Credit Card 2020
        • Get Revolut Card + £50
      • Best 0% APR Credit Cards of February 2020
      • The Best Credit Card for Balance Transfers 2020
      • Best Buy Credit Card 2020
      • Best Credit Cards of July 2020
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    • Credit Cards Guides
      • Is Discover Visa or Mastercard?
        • Coles Mastercard
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      • Fortiva Credit Card Review
      • Indigo Credit Card Review
      • Wells Fargo Propel – Review
      • Walmart Money Card – Review
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      • Discover it® Cash Back – Review
      • Travel credit card reviews 2020
      • Petal Credit Card Review
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  • Politics
    • Joe Biden
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  • Mortgages
    • Mortgage “Best of…”
      • Best Mortgage for Low Down Payment 2020
      • Best Mortgage Rates
      • Best VA Mortgage Lenders of 2020
      • Greatest On-line Mortgage Lenders
      • The Best Mortgage Lenders for First Time Home Buyers
    • Mortgage Calculators
      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
    • Mortgage Guides
      • Lending
      • How Mortgage Forbearance Works Under CARES Act
      • Stimulus Check
    • Mortgage Companies
      • Nationstar Mortgage
      • Roundpoint Mortgage
      • Midland Mortgage
      • Simple Mortgage Calculator
      • Freedom Mortgage
      • SunTrust Mortgage
  • Commodities
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      • Crude Oil
    • Gold
      • Best Place to Buy Gold
      • Price of Gold
      • 5 Ways In order to Buy Gold
      • Gold Price Chart
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  • Insurtech
    • Best Homeowners Insurance Companies of 2020
    • Best Life Insurance of 2020
    • The Best Renters Insurance Companies 2020
    • Best Pet Insurance Providers of 2020
    • Best Home Insurance Companies for 2020
    • Insurance will not cover coronavirus losses
    • Best Car Insurance Quotes Online
  • Loans
    • Loans Guides
      • First time loan with no credit
      • Emergency personal loans for veterans
      • Fafsa deadline
      • Cash Loans
      • Bad Credit Loans
      • Bad Credit Loans Guaranteed Approval
      • Merrill Lynch Benefits
      • Loans CLO Pain Just Starting With Leveraged loan Rating Cuts
      • Can you get a loan without a bank account?
    • Loans “Best of….”
      • Best place to get an auto loan
      • Best Loan for Students – The Best Private Student Loans of 2020
      • Best Student Loan Refinance of 2020
      • Best Business Loan Lenders of 2020
      • Best Personal Loans of 2020
      • Best Auto Loan Rates for 2020
      • Best payday loans 2020
      • Best Online Loans for Bad Credit 2020
    • Loans Calculators
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      • Loan Calculator
      • VA Loan Calculator
      • FHA loan calculator
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    • Loans Companies
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      • Nelnet Student Loans
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      • Discover Student Loans
      • AES Student Loans
      • Amigo Loans
      • Likely Loans
      • Tesco Loans
      • Sunny Loans
      • Great Lakes Students Loans
      • Caliber Home Loans
    • Loans Types
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      • Online Loans
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      • Payday Loans
      • Auto Loan
      • Student Loans Calculator: Pause Scholar mortgage Funds
      • Payday Loans
  • Cryptocurrencies
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        • Bitcoin Hoje
        • Mercado Bitcoin
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Coronavirus commerce: The baddest business stories of 2021

James Albert by James Albert
January 2, 2021
in Boeing
0

Home » Coronavirus commerce: The baddest business stories of 2021

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With the Olympic mountains in the background, Boeing’s 777X lifts off from Paine Field on its first flight, to Boeing Field in Seattle, on Jan. 25 in Everett. (Andy Bronson / The Herald)

With the Olympic mountains in the background, Boeing’s 777X lifts off from Paine Field on its first flight, to Boeing Field in Seattle, on Jan. 25 in Everett. (Andy Bronson / The Herald)

The year was a challenge for everyone, no less so in the world of commerce. Here’s what happened in business in 2020:

On Jan. 21, 2020, the the first case of the “Wuhan Coronavirus” was reported in the United States — a Snohomish County man in his 30s who was hospitalized at Providence Regional Medical Center in Everett.

No one knew it at the time, but the Coronavirus and COVID-19, the illness it causes, would become both the biggest news story and the biggest business story of the year.

A few days later, on Jan. 25, Boeing’s newest passenger airplane, the 777X, took flight for the first time, capping a decade of development. Engulfed by the 737 Max crisis, which involved two crashes that killed 346 people and the grounding of the flawed jet, local Boeing workers paused to celebrate the sleek new plane’s three-hour-and-51-minute inaugural flight.

Brett Smith, CEO of Propeller Airports, takes a call March 2 inside the Paine Field terminal. (Sue Misao / The Herald)

Brett Smith, CEO of Propeller Airports, takes a call March 2 inside the Paine Field terminal. (Sue Misao / The Herald)

On March 4, the new privately owned passenger terminal at Paine Field celebrated its one-year anniversary. More than a million passengers passed through the grand-hotel-like terminal during its first year in operation. That same day, Propeller Airports, the terminal’s owner and operator, estimated that passenger volume was down about 5% because of coronavirus concerns.

Within a few days, the coronavirus was the news. By mid-March many offices closed. Workers able to work remotely set up home offices in spare rooms or at kitchen tables.

Washington Gov. Jay Inslee delivers a statewide TV address on March 23. (TVW)

Washington Gov. Jay Inslee delivers a statewide TV address on March 23. (TVW)

On March 23, Gov. Jay Inslee ordered non-essential businesses and construction projects to temporarily shut down due to the COVID-19 pandemic. Aimed at curbing the spread of COVID-19, the governor’s proclamation was accompanied by a 14-page list of workers whose jobs were considered “essential,” including those in health care, aerospace and defense. Washington health officials report 2,221 coronavirus cases and 110 deaths, including 519 cases and 11 fatalities in Snohomish County.

Cars drive near Boeing’s manufacturing facility in Everett on March 23 north of Seattle. (AP Photo/Ted S. Warren)

Cars drive near Boeing’s manufacturing facility in Everett on March 23 north of Seattle. (AP Photo/Ted S. Warren)

That same day, Boeing announced that it would temporarily suspend operations at Puget Sound-area factories for two weeks. The temporary shutdown followed the death of a flight-line inspector at the Everett campus due to COVID-19. He became the first known Boeing employee to succumb to the coronavirus. In the weeks leading up to the decision, workers criticized the company’s handling of cleaning, disinfecting and social distancing. The temporary shutdown was extended, and Boeing’s factories didn’t begin to reopen until April 20.

In May, Snohomish County officials began deliberating how to allocate $143.5 million, the county’s share of the $2 trillion federal relief package passed by Congress and signed into law by President Donald Trump on March 27. Aerospace and aviation businesses, along with small businesses, nonprofits and social service providers across the county, would eventually benefit from the grants.

Resurfacing begins at the Paine Field passenger terminal in July. (Propeller Airports)

Resurfacing begins at the Paine Field passenger terminal in July. (Propeller Airports)

Paine Field was back in the news on May 15, when Propeller Airports, the terminal’s owner and operator — with federal regulatory approval — temporarily suspended airline service for 10 weeks to speed ramp repairs. The number of daily flights had already fallen from 24 takeoffs and 24 landings to one or two a day due to the pandemic, so the interruption was minimal. Globally, airline passenger traffic declined by up to 90%. In the United States, passenger numbers reached a nadir on April 14, when 87,534 passengers passed through airport security checkpoints across the country, down from 2.2 million the same day in 2019. Airline service at Paine Field resumed Aug. 1 with limited service. By fall, the number of daily flights from Everett increased to about seven per day.

Smoke rises from the Waterfront Apartments on Marine View Drive on July 16 in Everett. (Olivia Vanni / The Herald)

Smoke rises from the Waterfront Apartments on Marine View Drive on July 16 in Everett. (Olivia Vanni / The Herald)

On Friday, July 17, a massive fire destroyed the south portion of the Waterfront Apartments that were under construction at the Port of Everett. Authorities sifted through the rubble and eventually determined the fire was not caused by criminal activity. Developers promised to rebuild. The north building, which was mostly untouched by the fire, is to open this year with 135 units. The port itself sallied forth with plans to bolster revenue despite an aerospace cargo decline.

Boeing workers walk to and from their cars during a shift change on Oct. 1 in Everett. (Olivia Vanni / The Herald)

Boeing workers walk to and from their cars during a shift change on Oct. 1 in Everett. (Olivia Vanni / The Herald)

After widespread speculation, oeing announced Oct. 1 that production of the 787 airplane was to be consolidated at the company’s 787 assembly plant in South Carolina. The 787 production line at the massive Everett factory is to close this spring. The leave-taking had Gov. Jay Inslee shaking his fist and promising to review $2.2 billion worth of tax breaks the Chicago-based company had taken advantage of since the Dreamliner launched.

Claire Vondemkempt (left) and Jami Sollid check out customers at Just James Boutique in Stanwood on Nov. 28. (Kevin Clark / The Herald)

Claire Vondemkempt (left) and Jami Sollid check out customers at Just James Boutique in Stanwood on Nov. 28. (Kevin Clark / The Herald)

On Dec. 2, The Daily Herald reported that the number of people who had started new businesses was up sharply, locally and across the U.S. In the midst of the pandemic, new businesses sprang up from Bothell and Edmonds to Stanwood. One study suggested that during economic downturns, a “go for it and what have you got to lose” attitude prevails.

Dr. George Diaz is vaccinated at Providence Regional Medical Center Everett on Dec. 18. (Providence)

Dr. George Diaz is vaccinated at Providence Regional Medical Center Everett on Dec. 18. (Providence)

In December, two COVID-19 vaccines were approved and distribution began. Staff at Providence Regional Medical Center Everett receiveed some of the first doses in Snohomish County.

Gallery

Cars drive near Boeing’s manufacturing facility in Everett on March 23 north of Seattle. (AP Photo/Ted S. Warren)

Smoke rises from the Waterfront Apartments on Marine View Drive on July 16 in Everett. (Olivia Vanni / The Herald)

The Port of Everett unloads airplane cargo for the Boeing plant in Mukilteo on Aug. 13. (Olivia Vanni / The Herald)

Boeing workers walk to and from their cars during a shift change on Oct. 1 in Everett. (Olivia Vanni / The Herald)

Claire Vondemkempt (left) and Jami Sollid check out customers at Just James Boutique in Stanwood on Nov. 28. (Kevin Clark / The Herald)

Dr. George Diaz is vaccinated at Providence Regional Medical Center Everett on Dec. 18. (Providence)

Washington Gov. Jay Inslee delivers a statewide TV address on March 23. (TVW)

Resurfacing begins at the Paine Field passenger terminal in July. (Propeller Airports)

Brett Smith, CEO of Propeller Airports, takes a call March 2 inside the Paine Field terminal. (Sue Misao / The Herald)



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