Boeing Board Shakeup

Boeing Co. said two longtime directors would step down as the aerospace giant’s board undergoes more changes in the wake of the 737 MAX crisis. The Chicago-based plane maker said Wednesday that Susan Schwab and […]

By |2021-02-18T14:04:17-05:00February 18, 2021|Articles|Comments Off on Boeing Board Shakeup

Boeing Gets a Boost

Irish low-cost carrier Ryanair’s firm order for 75 additional 737 MAX airplanes on Thursday provided a much-needed boost for Boeing as it struggles to revive its fortunes after the MAX crash tragedies and the global […]

By |2020-12-04T09:48:07-05:00December 4, 2020|Articles|Comments Off on Boeing Gets a Boost

Boeing Has Bleak View for Jet Demand

Boeing is cutting its expectations for new commercial aircraft demand over the next decade, citing what it estimates will be a years-long slump in travel demand because of the coronavirus pandemic. The manufacturer forecast on […]

By |2020-10-07T11:24:41-04:00October 7, 2020|Articles|Comments Off on Boeing Has Bleak View for Jet Demand

Boeing’s Massive Layoff Plan

Boeing told employees Wednesday that almost 7,000 of them will receive layoff notices this week. With more than 5,500 voluntary buyouts added in, the company will slash almost 12,300 U.S. jobs in this first batch […]

By |2020-05-28T11:08:29-04:00May 28, 2020|Articles|Comments Off on Boeing’s Massive Layoff Plan