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A major U.S. airline is likely to go out of business because of the coronavirus pandemic, the CEO of Boeing has predicted.Boeing CEO Dave Calhoun spoke to Today on Tuesday about the "grave" threat ...
Boeing Co <BA.N> Chief Executive Officer Dave Calhoun outlined a plan of voluntary layoffs for employees on Thursday, while warning that the coronavirus pandemic would have a lasting impact on the ...
(Reuters) -Boeing will lay off more than 2,500 workers in the U.S. states of Washington, Oregon, South Carolina and Missouri, according to federally required filings posted on Monday and a union ...
Boeing’s legal problems are mounting.They are starting to become a problem for the rest of the airline industry too. Alaska Airlines said Tuesday its 2024 capacity estimates are "in flux" due to ...
(Reuters) -Boeing's shares rose 3% on Monday on hopes of an end to a crippling strike, although some analysts expressed doubts that the proposed labor contract unveiled over the weekend would ...
"Boeing CEO, Kelly Ortberg, added another check to the 'Boeing Turnaround' list," wrote Bank of America analysts on Tuesday morning. Shares of the plane maker rose 1% in early trading and had ...
Boeing stock slid 2% in after-hours trading Friday as the company said it would cut its workforce by 10%, or roughly 17,000 jobs, and delay the first delivery of its 777X jet to 2026 amid an ...
WASHINGTON (Reuters) - Boeing is pausing hiring and taking sweeping steps to conserve cash after about 33,000 workers went on strike on Friday including considering temporary furloughs for many ...