Boeing’s long-term debt has climbed to $53 billion at the end of June from $10.7 billion at the end of March 2019, when a second fatal crash of the 737 Max led to a 20-month grounding of that ...
Boeing's 33,000 unionized machinists on Monday voted to approve the plane manufacturer's latest contract offer, ending a seven-week strike that had halted production of most of the company's ...
The CEO of Boeing told employees late Friday that the company plans to cut 10% of its total staff “over the coming months.” “Our business is in a difficult position, and it is hard to ...
Boeing will send layoff notices to thousands of its employees within the coming weeks and a senior US official has flown to Seattle to encourage negotiations between the planemaker and the union ...
Boeing (BA) is about to start the countdown clock on 10% of its workforce losing their jobs. Reuters reports that the company will begin sending 60-day notices to affected employees next month ...
Boeing on Friday said it's cutting 10% of its workforce, or about 17,000 employees. In a memo on Friday, CEO Kelly Ortberg announced the layoffs, writing that the aerospace giant must make "tough ...
Selling Jeppesen, which Boeing acquired in 2000 for $1.5 billion in cash, would help whittle down the plane-maker's towering debt. The election of Donald Trump will affect trade, technology and ...
Burning through cash, Boeing BA1.52%increase; green up pointing triangle secured a new credit line and moved to raise at least $10 billion by selling new shares, in hopes of demonstrating that it ...
Boeing announced layoffs Friday, blaming the cuts on an ongoing strike by its union-represented machinists.The company is letting go of 10% of its workforce, which according to its most recent ...
Seven-week Boeing strike ended on Monday after tight union vote Strike exposed divides throughout troubled planemaker Rifts threaten to distract from CEO's mounting challenges Ramping up ...