Boeing has not had the cash it needs to develop a new model jet to serve the market, and its sales have fallen far behind rival Airbus. The company has one non-union factory, located in South ...

Boeing said on Wednesday the planemaker will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike on Friday, halting production of its 737 MAX and ...

Boeing has not had the cash it needs to develop a new model jet to serve the market, and its sales have fallen far behind rival Airbus. So as bad as the strike might be for Boeing, it has plenty ...

Boeing said it is freezing hiring and weighing temporary furloughs in the coming weeks to manage costs as a strike by more than 30,000 Boeing workers who build planes in factories on the West ...

Boeing will furlough its executives, managers and other white-collar employees one week of every four for the duration of a strike that union employees voted to authorize last week amid ...

West also said Boeing plans to make "significant reductions in supplier expenditures" and will stop most supplier purchase orders related to the 737, 767 and 777 airplane models. Trump subject of ...

The strike, Boeing's first since 2008, adds to a tumultuous year for the planemaker which began when a door panel blew off a new 737 MAX jet in mid-air in January. Ortberg also said he and other ...

By Niraj Chokshi Boeing will start furloughing tens of thousands of employees in the coming days as it seeks to blunt the effects of a strike involving its largest union, the company said on ...

When Kelly Ortberg landed in the chief executive’s chair at Boeing last month the list of problems he had to confront at the aerospace giant was already daunting. Production of the 737 MAX ...

(Reuters) - Boeing (BA) CEO Kelly Ortberg said Wednesday the planemaker will temporarily furlough numerous U.S. executives and other employees after about 30,000 machinists went on strike Friday ...