Boeing has advised staff of a series of steps it will take to “preserve cash” and “safeguard” the planemaker’s future in response to an ongoing strike.
The strike has halted production of Boeing’s best-selling 737 MAX jets, along with its 777 and 767 widebody aircraft, delaying deliveries to airlines. Boeing said on Monday it was freezing ...
Boeing is freezing hiring across the company, citing a strike launched on Friday by 33,000 machinists at the airplane manufacturer that it said "jeopardizes" its business. Boeing is also pausing ...
The strike has halted production of Boeing's 737 MAX narrowbody jets, along with its 777 and 767 widebody aircraft, delaying deliveries to airlines. A major Chinese lessor, however, said it placed ...
Boeing is also “planning to make significant reductions in supplier expenditures and will stop issuing the majority of supplier purchase orders on the 737, 767 and 777 programs,” West said.
India’s richest man, Mukesh Ambani, has officially taken delivery of India’s first Boeing 737 MAX 9. This ultra-long-range business jet is valued at approximately Rs 1,000 crore. It has become ...
Boeing said it is freezing hiring and weighing ... stop issuing the majority of supplier purchase orders on the 737, 767 and 777 programs.” ...
Boeing is "eliminating" first and business-class travel for executives, per a memo seen by BI. The aviation giant is battling to cut costs after thousands of workers went on strike. Boeing is also ...
Boeing's CEO said Wednesday that the company will begin furloughing "a large number" of employees to conserve cash during the strike by union machinists that began last week. Chief Executive Kelly ...
However, some commercial jetliners made by Boeing support its defense manufacturing. Aboulafia said the KC-46 Pegasus air tanker comes from its 767 commercial model, and its P-8 Poseidon maritime ...
The strike is halting production of Boeing's strong-selling 737 MAX jets, along with its 777 and 767 widebody aircraft, delaying deliveries to airlines. Michael O'Leary, CEO of Boeing customer ...
Boeing will stop issuing the majority of supplier purchase orders on the 737, 767 and 777 programs affected by the stoppage, West wrote, adding, "I know that these actions will create some ...