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 ...
Problems at Boeing go back years, if not decades. And they just got a lot harder to fix. In addition to the spate of safety incidents that has undermined the company’s public image, raised ...
Burning through cash, Boeing BA0.46%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 ...
Sixty-four percent of workers voted against the new contract, the union said. Boeing machinists overwhelmingly rejected a contract proposal this week, opting to extend a weekslong strike and send ...
Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street Journal reported on Sunday. The planemaker last week ...
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 and the union representing striking machinists have negotiated a new contract proposal that would provide bigger pay raises and bonuses in a bid to end a costly walkout that has crippled ...
One of the company's most prominent female executives will retire next month from the job she took on after January's in-flight panel blowout. She's been with Boeing more than 33 years.
Boeing CFO Brian West told analysts he expects the company will continue burning cash in full year 2025 and the last three months of 2024, sending shares of Boeing down 1.7% to $157.15. In a ...