Norwegian Air Shuttle faces rising risks, including currency pressures, Boeing delivery delays, and increased operating costs. Click here to read my analysis.
Boeing had already imposed rolling temporary furloughs, but Ortberg said those will be suspended because of the impending layoffs. The company will delay ... down production of the 737 Max ...
The strike over wage revision, which has now lasted for more than a month without a resolution in sight, has brought the production ... a United Airlines Boeing 737 Max 8 that experienced 'stuck ...
But in the face of ... has capped 737 MAX production at 38 per month to increase inspections. Due to supply delays, production has fallen below even this cap in recent months. Boeing could make ...
The walkout, led by Boeing’s largest worker union, The International Association of Machinists and Aerospace Workers (IAM), has halted production of the company’s best-selling 737 ... delay the ...
as delays and disruptions continue to impact the company's bottom line. The job cuts come as Boeing struggles to align its workforce with financial realities exacerbated by the ongoing strike, which ...
Boeing has also been grappling with safety concerns related to its 737 Max aircraft. These concerns have led to production delays and regulatory scrutiny. The company has faced significant fines and ...
But the strike was just one of many challenges the troubled U.S. aerospace giant faces as it works to return to profitability ...
Production of the Boeing 737 Max and 787 Dreamliner have slowed as part of this process, and Boeing CEO Kelly Ortberg ...
A union representing about 33,000 striking U.S. West Coast factory workers said late on Tuesday it had met with Boeing for ...
Both sides said the talks were held on Tuesday with support from the Biden administration’s top Labor official.
To offset financial ruin, the company is selling $15 billion of common stock and mandatory convertible bonds. The sale is ...