Southwest Airlines said Thursday it will cut 2,000 jobs and cease operations at four airports, partly to address “significant challenges” caused by delays in Boeing aircraft deliveries, ...
Boeing shares at last check were up 2.1% to $211.69. Dell traded up 1.3% at $78.76. Boeing eliminated 20,000 jobs companywide last year and said it has plans to reduce headcount by another ...
The company announced the job cuts as it reported a loss of $641 million in the first quarter. It earned $2.15 billion ... costs and cut deeply into revenue last year, leading to Boeing’s ...
Financial moves and metrics come first,” was Boeing’s philosophy, he said. It was, he said, “a ruthless effort to cut costs without ... That meant unfinished jobs piled up on aircraft ...
“The new CEO is going to have a massive job.” Succession scramble ... which relies entirely on Boeing jets, said earlier this ...
Boeing is facing criticism from one of its biggest customers, as the CEO of Emirates told the planemaker to "get your act ...
Fitch Ratings downgraded its outlook on Boeing (NYSE:BA) to Negative from Stable on Friday, in the wake of the safety crisis that has hurt the company's production and cash flow. Fitch said its ...
In a statement on the 787, Boeing said, “In 13 years of service, the global 787 fleet has safely transported more than 850 million passengers on more than 4.2 million flights. A 787 can safely ...
The Securities and Exchange Commission is scrutinizing statements that Boeing made about its safety practices after a 737 MAX ...
S&P pared its rating on Boeing to A-minus from A and lowered the short-term rating to A-2 from A-1 ... action on Wednesday by Moody's, which cut Boeing one level to A3, four levels above ...
At the University of Washington, that includes demands to cut ties with Boeing. UW President Ana Mari Cauce has rejected those calls in no uncertain terms. Seattle Times investigative reporter ...
ZURICH (Reuters) - Novartis is to cut up to 680 jobs in its development organisation ... meaning there will be a net reduction overall of 1-2% at a global level. Novartis said the changes were ...