And according to the “Reduction In Force” plan presented to Boeing Commercial Airplanes managers on Monday, members of the Machinists union will, for now, not be among the 10% of Boeing ...
Boeing’s production of the 767 Freighter will wind down in 2027 apart from its KC-46A Tanker, according to the company. In the third quarter, its commercial airplane segment will see a $400 ...
The loss is attributed to Boeing's new strategic reset plan, spearheaded by CEO Kelly Ortberg, aimed at revamping the company's operations. The strategic reset plan, as outlined by Boeing's ...
Lufthansa has welcomed its first Airbus A350-900, which has the Allegris first class cabin, with previous aircraft that were ...
Sunday marks one month since members of the International Association of Machinists began their strike against Boeing. The cost: nearly $5 billion, according to a new analysis by Anderson Economic ...
As Boeing Co. lurches from one crisis to the next, there’s been one constant for the embattled planemaker: Its predicament appears to be only getting worse. From a freak accident that blew a ...
Oct 15 (Reuters) - Boeing (BA.N), opens new tab said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker readies financing sources ...
Photo: Drew Angerer/Getty Images If Boeing’s 33,000 International Association of Machinists and Aerospace Workers want to drive the company to its knees, they’re succeeding. The union’s ...
Boeing will reduce the size of its total workforce by 10% over the coming months, CEO Kelly Ortberg said in a letter to employees on Friday. That amounts to around 17,000 jobs, based on the ...
Lufthansa has been fined a $4 million penalty for refusing to let 128 Jewish passengers board a flight more than two years ago, the U.S. government announced on Tuesday. The carrier has apologized ...