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Latest Articles in boeing

Boeing To Offer Voluntary Layoffs To Employees To Tide Over Coronavirus Fallout

Boeing was initiating a voluntary layoff plan that allows eligible employees who want to exit the company to do so with a pay and benefits package, one of the people said.

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Boeing Plans 737 MAX Production Restart By May

Boeing's planning hinges on the scale of disruptions from the fast spreading coronavirus, and U.S. regulators clearing the 737 MAX to return to service, a milestone Boeing still expects to reach in mid-2020.

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Coronavirus Shockwave Rocks Airplane Manufacturers, Suppliers

Global passenger capacity fell 35% last week, the worst since the start of the crisis, according to data from airline schedules firm OAG, which said deeper cuts were likely in the coming weeks.

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Coronavirus Shockwave Rocks Airplane Manufacturers, Suppliers

Boeing faces the shutdown of key assembly lines for the second time in a year after being forced to halt production of its grounded 737 MAX aircraft in January.

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Boeing-Embraer Deal On Knife-Edge As Markets Tumble

At stake is a key plank of Boeing's strategy for expanding its engineering and industrial base just as it faces talks over $60 billion of U.S. support for the U.S. aerospace industry.

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Boeing Stock Wipes Out Gains Made During Ousted CEO Muilenburg's Term

The stock ended down 23.8% at $129.61, below the $138.72 it closed on the last trading day before Muilenburg's appointment as chief executive officer on July 1, 2015.

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Washington State Repeals Pro-Boeing Tax Break; US Hopes To Avoid EU Tariffs

The United States in February toughened its own tariffs on Airbus aircraft after winning approval last year from the WTO to penalize $7.5 billion in European goods over Airbus subsidies.

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Japan's ANA Orders 15 More Boeing 787 Dreamliners Worth $5 Billion At List Prices

Japan's biggest carrier switch from Rolls-Royce engines to ones supplied by General Electric, is a boost for Boeing after it posted no January orders for the first time in decades.

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Boeing Finds Debris In Fuel Tanks Of Many Undelivered 737 MAX Jets Inspected So Far

Boeing found debris in the fuel tanks of about 35 aircraft, a company spokesman confirmed on Friday. A person familiar with the matter told Reuters that more than 50% of the undelivered 737 MAX jets.

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Federal Prosecutors Investigating Whether Boeing Pilot Knowingly Lied To FAA

Boeing knew about problems with flight control software well before two crashes of its 737 MAX aircraft in October 2018 and March 2019 killed 346 people.

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Boeing Sees Airline Profits Hit, Stagnant Air Cargo Market Due To Virus

Boeing started the year with zero overall sales in January for the first time in decades, while rival Airbus had its strongest showing in at least 15 years.

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Ryanair Says MAX Woes Could Delay Growth Plans By Up To Two Years

Boeing in January said it did not expect the MAX, which was grounded after two fatal crashes, to return to service until mid-2020.

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Boeing To Showcase Advanced Defence And Services Capabilities At DefExpo

Prime Minister Narendra Modi is expected to inaugurate the event for which Defence Minister Rajnath Singh will hold a curtain-raiser meeting on the eve of the exhibition.

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Airlines Scour The World For Scarce 737 MAX Simulators

"Boeing is recommending that all 737 MAX pilots undergo training in a 737 MAX simulator prior to flying the aircraft in commercial service," the company told Reuters on Tuesday evening.

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Boeing Seeks To Borrow $10 Billion Or More Amid 737 MAX Crisis

Analysts estimate that Boeing has been losing around $1 billion a month because of the grounding. It reported an almost $3 billion negative free cash flow in the third quarter.

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