Boeing will lay off more than 200 workers based in South Carolina as part of a massive cost-cutting drive that will slash 17,000 employees — or 10% of its workforce. The aerospace giant last ...
Restrictions were changed in 1985, and the first ETOPS 120 (allowing routes up to 120 minutes from a diversion airport) flight was with a TWA Boeing 767 from Boston to Paris. This opened up ...
One week after the end of a 53-day-long strike at Boeing, the planemaker is initiating its plan to turn things around. That includes restarting production in the Seattle area and giving money to ...
RENTON, Wash. — Boeing announced a significant reduction in its workforce, with 10% of its employees set to receive layoff notices. This move affects approximately 17,000 workers across the ...
A week after Boeing machinists ended an almost two-month strike, the aerospace manufacturer said Tuesday that October saw it deliver the smallest number of planes in years. The disclosure comes as ...
Boeing team members prepare the seventh and eighth O3b mPower satellites for shipment to the Cape. Credit: Boeing / Sally Aristei TAMPA, Fla. — Boeing has shipped the first pair of O3b mPower ...
Once the soaring leader in the aerospace sector with a stock price of around $430 per share and a market capitalization of almost $240 billion, Boeing has dropped far from its heyday. With the BA ...
Boeing raised more than $20 billion to protect its investment grade rating amid financial pressures from a machinists’ strike and FAA production caps on the 737 MAX. Potential asset sales ...
Update: Boeing delivered its fewest planes in years — and recovering from the strike will take weeks Boeing (BA) is going ahead with its plan to lay off 10% of its global workforce. Though the ...
Copyright 2024 The Associated Press. All Rights Reserved. Union machinist Terry Muriekes waves a Halloween-decorated strike sign by Boeing’s Everett, Wash., factory ...
Boeing’s most immediate problem – an eight-week strike by 33,000 workers – is over. But its more serious problems – ongoing massive losses, quality and safety problems – are as bad as ...
Boeing Co. delivered 14 jetliners in October, its lowest monthly total since November 2020, as a strike by the company’s largest union hamstrung its operations. At the peak of the labor strife ...