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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 contract between Boeing and the International Association of Machinists is due to expire at 11:59 pm PT on September 12. ... the problems at Boeing have resulted in $33.3 billion in core ...
The rub is that Boeing’s quality shortcomings—and heavy dependence on a far-flung network of suppliers—are recurring and deep-seated. The problem isn’t merely that one worker on one ...
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.
In March 2020, the grounding, compounded by the COVID-19 pandemic had already lowered Boeing's stock price to under $100. Boeing was seeking a $60 billion bailout directed towards its aerospace suppliers. [86] Under the too big to fail theory, Boeing is a significant production and employment contributor to the U.S. economy. [87]
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 ...
The Boeing 737 MAX 9 involved in Alaska Airlines Flight 1282.. On January 5, 2024, Alaska Airlines Flight 1282 experienced uncontrolled decompression after door plugs securing the emergency exit door panel ejected on the Boeing 737 MAX 9 aircraft used on the flight; the configuration on the 737 MAX 9 included fewer seats than Boeing designs for, necessitating a door plug to obstruct an ...
The COVID-19 pandemic has had a significant impact on the airline industry due to travel restrictions and a decimation in demand among travelers. Significant reductions in passenger numbers have resulted in flights being cancelled or planes flying empty between airports, which in turn massively reduced revenues for airlines and forced many ...