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Every year it seems like Boeing (NYSE: BA) runs into more trouble. Some problems -- such as the tragic 737 MAX accidents -- are self-inflicted. Others, like the COVID-19 pandemic, are out of its ...
The strike is expected to deepen that financial hole. A 50-day work stoppage would cost Boeing $5.5 billion, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the ...
Boeing is having a rough year. The company has faced mechanical problems, lawsuits, a leadership shake-up, and layoffs. Here's a breakdown of how Boeing's year has gone from bad to worse.
Beleaguered aerospace company Boeing faced a new source of woe on Friday when more than 30,000 workers in the Pacific Northwest commenced a major strike. The labor action began days after Boeing's ...
Boeing’s mid-flight disasters, most notably an Alaska Airlines 737 Max door plug that blew off the side of the plane shortly after takeoff, clearly mean the company has issues to address.
Boeing reported a massive third-quarter loss of more than $6 billion, as the airplane manufacturer was dragged down by a strike and billions in charges tied to its commercial aircraft and defense ...
In March 2020, news that Boeing was seeking a $60 billion bailout caused a steep drop in its stock price, though Boeing eventually received $17 billion in funds from the coronavirus stimulus. [1] Its extensive supply chain providing aircraft components and flight simulators suffered similar losses, as did the aircraft services industry ...
A strike by about 33,000 Boeing workers in the Pacific Northwest that started Sept. 13 halted production of those planes and Boeing 737 Max jets. Boeing faces a new FAA review as a key supplier ...