Boeing reported zero new orders for jets in April
5 years, 7 months ago

Boeing reported zero new orders for jets in April

CNN  

New York CNN Business — Boeing had no new orders for planes in April. Not only did the troubled 737 Max receive zero new orders since it was grounded March 13. Boeing’s other jets, such as the 787 Dreamliner or the 777, also did not get any new orders last month, according to a company report released Tuesday. But the only orders reported by Boeing for April were bookkeeping entries: Four 737 Max jets that had been sold to Boeing Capital in the past were transferred to an unidentified lessor last month. But the 737 Max’s problems could be the reason airlines put orders for the other jets on hold, said Philip Baggaley, the lead credit analyst for the transportation sector for Standard & Poor’s.

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History of this topic

Boeing is building new 737 Max planes for the first time since workers went on strike
1 month ago

Boeing is building new 737 Max planes for the first time since workers went on strike

Associated Press  

Boeing is resuming production of its bestselling plane, the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Separately, the company said it took orders for 49 planes in November but lost an order by U.K. carrier TUI for 14 Max jets. Ever since a panel called a door plug blew …

EXCLUSIVE-Boeing restarts 737 MAX production a month after strike ended, sources say
1 month ago

EXCLUSIVE-Boeing restarts 737 MAX production a month after strike ended, sources say

Live Mint  

* Resuming 737 MAX production key to planemaker's financial recovery * Factory workers had been on strike for seven weeks * Boeing has about 4,200 orders from airlines for its best-selling model By Dan Catchpole and Allison Lampert SEATTLE, Dec 9 - Boeing restarted production of its best-selling 737 MAX jetliner last week, about a month after the end of …

Key events in the troubled history of the Boeing 737 Max
6 months ago

Key events in the troubled history of the Boeing 737 Max

Associated Press  

Boeing’s 737 Max is a more fuel-efficient version of the American aerospace company’s popular 737, the best-selling airliner ever. March 10, 2019: Ethiopian Airlines Flight 302, a Boeing 737 Max 8, crashes after takeoff from Addis Ababa, Ethiopia, killing 157 passengers and crew members. Jan. 13, 2020: David Calhoun, the chairman of Boeing’s board, takes over as CEO and says …

Boeing Deliveries Falter as China Compounds 737 Max Woes
6 months, 4 weeks ago

Boeing Deliveries Falter as China Compounds 737 Max Woes

Live Mint  

-- Boeing Co. delivered 24 commercial jets in May, including 19 of its 737 family aircraft, as parts shortages and fresh scrutiny by China’s regulators complicated efforts to recover from a crisis engulfing its most popular aircraft. It’s unclear whether Boeing will benefit from the customary rally in aerospace shares ahead of the industry’s main trade event next month, which …

Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month
6 months, 4 weeks ago

Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month

Associated Press  

Boeing received orders for only four new planes in May — and for the second straight month, none for its best-selling 737 Max, as fallout continues from the blowout of a side panel on a Max during a flight in January. Boeing also saw Aerolineas Argentinas cancel an order for a single Max jet, bringing its net sales for the …

Boeing orders tumble as troubled aircraft maker struggles to overcome its latest crisis
7 months, 3 weeks ago

Boeing orders tumble as troubled aircraft maker struggles to overcome its latest crisis

Associated Press  

Boeing orders tumbled in April and were outnumbered by canceled sales in another sign of the crisis gripping the troubled aircraft manufacturer. As expected, deliveries of new Boeing jetliners were weak, at 24 in April, pushing the U.S. company farther behind Airbus, its European rival. The Federal Aviation Administration is limiting production of new Boeing 737 Max jets while the …

Boeing cuts its 4Q loss to $30 million, but that was before one of its jets lost a panel in flight
11 months, 1 week ago

Boeing cuts its 4Q loss to $30 million, but that was before one of its jets lost a panel in flight

Associated Press  

Boeing narrowed its fourth-quarter loss to $30 million and increased production of its best-selling plane just before one of them suffered a blowout of a side panel during a flight, an accident that has raised new safety concerns about the aircraft manufacturer. However, the company declined to offer its own forecast of 2024 results — an indication of the uncertainty …

What you should know if you’re about to fly on a Boeing Max 9
11 months, 2 weeks ago

What you should know if you’re about to fly on a Boeing Max 9

Associated Press  

Boeing 737 Max 9 jetliners are carrying passengers in the United States again for the first time since they were grounded after a panel blew out of the side of one of the planes. Alaska Airlines grounded all 65 of its Max 9 jets within hours after one of the two door plugs in the back half of the cabin …

Regulators order inspections on some Boeing MAX 9 planes after emergency
1 year ago

Regulators order inspections on some Boeing MAX 9 planes after emergency

The Hindu  

Airlines and safety bodies around the world grounded some versions of the Boeing 737 MAX 9 jets pending inspections on Sunday, with dozens of flights cancelled over the weekend after a panel blew out of one of the planes over the western U.S. State of Oregon. The Federal Aviation Administration "is requiring immediate inspections of certain Boeing 737 MAX 9 …

US Grounds Some Boeing 737 Max 9 Planes After Alaska Airlines Mid-Air Blowout
1 year ago

US Grounds Some Boeing 737 Max 9 Planes After Alaska Airlines Mid-Air Blowout

ABP News  

Authorities in the United States ordered the immediate grounding of certain Boeing 737 Max 9 jetliners for thorough inspections after Friday's blowout incident on an Alaska Airlines plane resulted in a significant breach in the fuselage. The FAA, as reported by BBC, said it would "order the temporary grounding of certain Boeing 737 Max 9 aircraft operated by US airlines …

Boeing faces new questions about the 737 Max after a plane suffers a gaping hole in its side
1 year ago

Boeing faces new questions about the 737 Max after a plane suffers a gaping hole in its side

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Boeing faces new scrutiny about …

Boeing faces new questions about the 737 Max after a plane suffers a gaping hole in its side
1 year ago

Boeing faces new questions about the 737 Max after a plane suffers a gaping hole in its side

Associated Press  

Boeing faces new scrutiny about the safety of its best-selling plane after federal officials announced the temporary grounding of some Boeing 737 Max planes on Saturday, following a harrowing flight in which an Alaska Airlines jetliner was left with a gaping hole in its side. On Friday, a fuselage panel blew out on an Alaska Airlines Boeing 737 Max 9 …

Federal Officials Order Grounding Of Some Boeing 737-9 Max Jetliners After Plane Suffers A Blowout
1 year ago

Federal Officials Order Grounding Of Some Boeing 737-9 Max Jetliners After Plane Suffers A Blowout

Huff Post  

LOADING ERROR LOADING Federal officials on Saturday ordered the immediate grounding of some Boeing 737 Max 9 jetliners until they are inspected after an Alaska Airlines plane suffered a blowout that left a gaping hole in the side of the fuselage. Alaska Airlines said in a statement that of the 65 737 Max 9 aircraft in its fleet, crews had …

Boeing passenger jets grounded after fuselage rips open mid-flight
1 year ago

Boeing passenger jets grounded after fuselage rips open mid-flight

The Telegraph  

The plane had only been in service for a month, having been certified in October, according to FAA records. About 1,300 737 Max aircraft have been delivered to customers, Boeing data show, and they are primarily used in the US by Alaska Airlines and United. The FAA said its inspection of the domestic fleet of 737 Max 9 planes would …

US grounds some Boeing 737 Max 9 planes after Alaska Airlines blowout
1 year ago

US grounds some Boeing 737 Max 9 planes after Alaska Airlines blowout

Al Jazeera  

All 174 passengers and six crew are safe after a window and fuselage blew out midair, forcing an emergency landing. Federal officials in the United States have ordered the temporary grounding of Boeing 737 Max 9 jetliners until they are inspected, after an Alaska Airlines plane suffered a blowout that left a gaping hole in the side of the fuselage. …

Boeing asks airlines to inspect 737 Max jets for potential loose bolt
1 year ago

Boeing asks airlines to inspect 737 Max jets for potential loose bolt

Associated Press  

Boeing is asking airlines to inspect its 737 Max jets for a potential loose bolt in the rudder control system, the airplane maker and Federal Aviation Administration confirmed this week. The FAA said it will remain in contact with Boeing and impacted airlines as the inspections are performed, and potentially “consider additional action based on any further discovery of loose …

Boeing urges airlines to check its 737 Max jets for loose bolts
1 year ago

Boeing urges airlines to check its 737 Max jets for loose bolts

NPR  

Boeing urges airlines to check its 737 Max jets for loose bolts Enlarge this image toggle caption Jason Redmond/AFP via Getty Images Jason Redmond/AFP via Getty Images The Federal Aviation Administration says it is closely monitoring inspections of Boeing 737 MAX jets after the plane-maker requested that airlines check for loose bolts in the rudder control system. Sponsor Message Boeing …

United Airlines grounded 25 of its Boeing 777-200 aircraft after failing to inspect their wings
2 years, 3 months ago

United Airlines grounded 25 of its Boeing 777-200 aircraft after failing to inspect their wings

Daily Mail  

United Airlines revealed Wednesday it grounded about 25 of its Boeing 777-200 planes - just days before one of them was forced to turn back only minutes after taking off. United Airlines has grounded 25 of its Boeing 777-200 airplanes from service after not fulfilling the required inspections of the front edges of the wings United said earlier this week …

Boeing 737 MAX mid-air emergencies revealed as US agency prepares to probe production issues
2 years, 6 months ago

Boeing 737 MAX mid-air emergencies revealed as US agency prepares to probe production issues

ABC  

Boeing's troubled 737 MAX planes — which have twice crashed, killing 346 people — have experienced at least six mid-air emergencies and dozens of groundings in the year after an extensive probe cleared them to fly. Key points: The 737 MAX crashed off Indonesia in 2018 and in Ethiopia in 2019 The US air safety investigator has now confirmed it …

Boeing jet deliveries gain slight edge vs Airbus in January
2 years, 11 months ago

Boeing jet deliveries gain slight edge vs Airbus in January

Associated Press  

CHICAGO — Boeing scored a slight edge over Airbus in deliveries of commercial jets and a bigger advantage in new orders in January, thanks to a dispute between Airbus and Qatar Airways. Boeing said Tuesday that it delivered 32 commercial jetliners in January, a slight improvement over a year earlier despite the ongoing halt in shipments of is 787 Dreamliner …

Airbus says deliveries of new airline jets are nosing higher
3 years ago

Airbus says deliveries of new airline jets are nosing higher

Associated Press  

Airbus said Monday that it delivered 611 passenger jets in 2021, an 8% increase over 2020 but an indication that airlines are still cautious about adding new planes during a pandemic that has reduced travel worldwide. More than three-quarters of last year’s deliveries were for planes in Airbus’ A320 family, which are mostly used for short and medium-length flights. Airbus …

SpiceJet, Boeing settle claims related to grounding of 737 Max aircraft
3 years, 1 month ago

SpiceJet, Boeing settle claims related to grounding of 737 Max aircraft

The Hindu  

SpiceJet on November 17 said it has entered into an agreement with the U.S.-based aerospace company Boeing to settle outstanding claims related to the grounding of 737 Max aircraft and its return to service. "SpiceJet is pleased to announce that it has entered into a settlement agreement with Boeing wherein Boeing has agreed to provide certain accommodations and settle the …

Boeing earnings: Boeing’s 737 Max problems are improving, but plenty of other issues loom
3 years, 2 months ago

Boeing earnings: Boeing’s 737 Max problems are improving, but plenty of other issues loom

CNN  

New York CNN Business — Boeing’s 737 Max troubles are improving, the company’s quarterly results released Wednesday showed — but it’s facing a host of other problems. The company added that it “continues to progress towards a production rate of 31 per month in early 2022.” That’s good news for the Max, which was grounded for 20 months in 2019 …

Boeing cuts production on the 787 to address flaw
3 years, 5 months ago

Boeing cuts production on the 787 to address flaw

Associated Press  

Boeing will cut production of its large 787 airliner for several weeks after discovering a new structural flaw in some planes that have been built but not delivered to airline customers. Demand for long-haul planes like the 787 has been hurt by a sharp drop in international travel since the beginning of the pandemic, and the new defect is another …

United Airlines orders 270 jets, its biggest aircraft purchase ever
3 years, 6 months ago

United Airlines orders 270 jets, its biggest aircraft purchase ever

CNN  

New York CNN Business — United Airlines on Tuesday announced orders to buy 270 jets, the largest aircraft purchase in the company’s history and the biggest order by any airline in about a decade. But If they didn’t feel reasonably good about the return of market for flying, they wouldn’t be doing it.” Replacing smaller planes United will use most …

FAA Approves Boeing 737 MAX of Electrical Grounding Fix, Clears Way for Return in Service
3 years, 7 months ago

FAA Approves Boeing 737 MAX of Electrical Grounding Fix, Clears Way for Return in Service

News 18  

Boeing Co on Wednesday won approval from U.S. regulators for a fix of an electrical grounding issue that had affected about 100 737 MAX airplanes, clearing the way for their quick return to service after flights were halted in early April, the planemaker said. Reuters reported on May 4 that the FAA asked Boeing to supply fresh analysis showing numerous …

Yet Another Trouble for Boeing 737 Max Aircrafts, Potential Electrical Issue Grounds Several Planes
3 years, 9 months ago

Yet Another Trouble for Boeing 737 Max Aircrafts, Potential Electrical Issue Grounds Several Planes

News 18  

Airlines pulled dozens of 737 MAX jets from service on Friday after Boeing Co warned them of a possible electrical insulation fault in the recent production of some planes. The top three U.S. 737 MAX operators – Southwest Airlines, American Airlines and United Airlines – said they had removed a total of 63 jets from service following the notice from …

Airlines pull Boeing Max jets to inspect electrical systems
3 years, 9 months ago

Airlines pull Boeing Max jets to inspect electrical systems

Associated Press  

Airlines pulled dozens of Boeing Max 737s out of service for inspections after the aircraft maker told them about a possible electrical problem, the latest setback for the plane. Boeing traced the issue to a production change made after the worldwide fleet of Max jets was grounded in 2019, American’s chief operating officer, David Seymour, said in the memo. Alaska …

Southwest just placed the biggest Boeing 737 Max order since it was grounded
3 years, 9 months ago

Southwest just placed the biggest Boeing 737 Max order since it was grounded

CNN  

New York CNN Business — Southwest agreed to buy 100 737 Max jets from Boeing, the largest order for the troubled jet since its grounding in 2019 following two fatal crashes. It’s not only the largest order for the jet since the grounding — it’s also among the largest orders for the plane since Southwest placed the first-ever order for …

Boeing 737 Max Starts Receiving Fresh Orders As Countries Allow the Troubled Plane Back in the Air
3 years, 9 months ago

Boeing 737 Max Starts Receiving Fresh Orders As Countries Allow the Troubled Plane Back in the Air

News 18  

Boeing Co unveiled a new order for its 737 MAX, pushing its shares up 6% as it renews efforts to recapture investor confidence following a two-year safety crisis. Boeing said Miami-based private equity firm 777 Partners, which has a stake in Flair Airlines, agreed to buy 24 737-8 airplanes with an option to purchase a further 60. Reuters on Wednesday …

Boeing 737 MAX Starts Receiving Fresh Orders After FAA Approves Active Operations
3 years, 9 months ago

Boeing 737 MAX Starts Receiving Fresh Orders After FAA Approves Active Operations

News 18  

Boeing Co unveiled a new order for its 737 MAX on Friday, pushing its shares up 6% as it renews efforts to recapture investor confidence following a two-year safety crisis. Boeing said Miami-based private equity firm 777 Partners, which has a stake in Flair Airlines, agreed to buy 24 737-8 airplanes with an option to purchase a further 60. Reuters …

Boeing finally sees positive net orders for airplanes
3 years, 10 months ago

Boeing finally sees positive net orders for airplanes

Associated Press  

CHICAGO — Boeing Co. said Tuesday that it received more new orders than cancellations for commercial airplanes in February for the first time in 15 months. Boeing suffered several months when it reported no orders, as airlines parked unneeded planes and cut costs to conserve cash. Several of the February orders had been previously announced, including a United Airlines commitment …

Airlines rapidly adding Boeing 737 Max flights to their schedules
3 years, 10 months ago

Airlines rapidly adding Boeing 737 Max flights to their schedules

CNN  

New York CNN Business — Two years after a 737 Max system failureled to fatal crashes, airlines are rapidly bringing the Boeing jet back into service. All 737 Max planes were grounded world-wide in March of 2019 after the crash of Ethiopian Airlines Flight 302 — the second fatal crash in five months involving the jet. “Any 737 Max planes …

United buys 25 MORE Boeing 737 MAX planes as aircraft returns to circulation after ban
3 years, 10 months ago

United buys 25 MORE Boeing 737 MAX planes as aircraft returns to circulation after ban

Daily Mail  

United Airlines has ordered 25 new Boeing 737 MAX aircraft to receive in 2023 and moved up the delivery of others as the jet that was grounded for 20 months due to two fatal crashes returns to widespread use. United Airlines has announced that it has ordered 25 new Boeing 737 MAX aircraft. The image above shows a Boeing 737 …

United, predicting a rebound in travel, buys 25 Boeing 737 Max jets
3 years, 10 months ago

United, predicting a rebound in travel, buys 25 Boeing 737 Max jets

CNN  

New York CNN Business — United Airlines disclosed Monday one of its largest orders for the Boeing 737 Max jet since the aircraft was grounded in March 2019, agreeing to buy an additional 25 planes. United had just 14 737 Max jets in its fleet at the time of the aircraft’s March 2019 grounding following two fatal crashes that killed …

Boeing 737 Max back in air 2 years after grounded by crashes
4 years, 1 month ago

Boeing 737 Max back in air 2 years after grounded by crashes

Associated Press  

RIO DE JANEIRO — Commercial flights with Boeing 737 Max jetliners resumed Wednesday for the first time since they were grounded worldwide nearly two years ago following two deadly accidents. Brazil’s Gol Airlines became the first in the world to return the planes to its active fleet, using a 737 Max 8 on a flight from Sao Paulo to Porto …

Return Of The Max: Boeing 737 Takes Off On First Commercial Flight in 20 Months
4 years, 1 month ago

Return Of The Max: Boeing 737 Takes Off On First Commercial Flight in 20 Months

NPR  

Return Of The Max: Boeing 737 Takes Off On First Commercial Flight in 20 Months Enlarge this image toggle caption Andre Penner/AP Andre Penner/AP Boeing's 737 Max jet is flying commercial routes once again, as Brazil's Gol Airlines brought the jetliner back into service Wednesday. The worldwide fleet of 737 Max planes has been grounded since March 2019, after two …

Boeing Lands 1st 737 Max Order Since Troubled Plane Was Cleared To Fly Again
4 years, 1 month ago

Boeing Lands 1st 737 Max Order Since Troubled Plane Was Cleared To Fly Again

NPR  

Boeing Lands 1st 737 Max Order Since Troubled Plane Was Cleared To Fly Again Enlarge this image toggle caption Boeing Boeing Boeing's 737 Max is making a comeback after two crashes that killed a total of 346 people in late 2018 and early last year. The FAA and other aviation authorities around the world ordered the 737 Max grounded in …

Boeing 737 Max 8: FAA Approves Resumption of Operations After Almost 2 Years of Ban
4 years, 1 month ago

Boeing 737 Max 8: FAA Approves Resumption of Operations After Almost 2 Years of Ban

News 18  

The US Federal Aviation Administration has rescinded the order that halted commercial operations of the globally grounded Boeing 737 MAX aircraft, after two crashes that took place within months. FAA Administrator Steve Dickson on Wednesday signed the order that paves the way for the Boeing 737 MAX to return to commercial service, reports Xinhua news agency. Boeing’s 737 MAX jets …

SpiceJet shares surge to 50%, Indigo up 29% in November
4 years, 1 month ago

SpiceJet shares surge to 50%, Indigo up 29% in November

Hindustan Times  

Shares of SpiceJet Ltd have surged to over 50% and those of Indigo were not far behind with a rise of nearly 29% in the month of November so far even as data from the Directorate General of Civil Aviation has shown there has been a recovery in domestic passenger traffic. SpiceJet’s fortunes have also been favoured by the US …

The 737 Max is set to fly again soon. But Boeing’s struggle is far from over
4 years, 2 months ago

The 737 Max is set to fly again soon. But Boeing’s struggle is far from over

CNN  

New York CNN Business — The 737 Max is on the cusp of being approved to carry passengers once again. The process to recertify the Max, which has taken more than a year longer than Boeing originally hoped, should be “finished in the coming days,” according to a statement Monday by FAA Administrator Steve Dickson. Boeing announced Tuesday that it …

Congressional Inquiry Faults Boeing And FAA Failures For Deadly 737 Max Plane Crashes
4 years, 3 months ago

Congressional Inquiry Faults Boeing And FAA Failures For Deadly 737 Max Plane Crashes

NPR  

Congressional Inquiry Faults Boeing And FAA Failures For Deadly 737 Max Plane Crashes Enlarge this image toggle caption Elaine Thompson/AP Elaine Thompson/AP A sweeping congressional inquiry into the development and certification of Boeing's troubled 737 Max airplane finds damning evidence of failures at both Boeing and the Federal Aviation Administration that "played instrumental and causative roles" in two fatal crashes …

Boeing loses more jet orders
4 years, 5 months ago

Boeing loses more jet orders

CNN  

New York CNN Business — Boeing lost orders for another 43 jets in July. The latest canceled orders were for the 737 Max, its best-selling jet, which has been grounded since March 2019 following two fatal crashes that killed 346 people. But despite the extended grounding, Boeing didn’t start to see a stream of canceled orders until the Covid-19 pandemic …

Boeing Confirms the End of Its Iconic 747 Jumbo Jet Production After Poor Quarterly Result
4 years, 5 months ago

Boeing Confirms the End of Its Iconic 747 Jumbo Jet Production After Poor Quarterly Result

News 18  

Boeing Co slashed production on its widebody programs, delayed the arrival of its newest jet, and confirmed the demise of its iconic 747, as it reported a bigger-than-expected quarterly loss on Wednesday amid fallout from the COVID-19 pandemic. Boeing also confirmed the last 747, the iconic hump-topped jumbo jet that democratized global air travel in the 1970s but fell behind …

Boeing posts three-month loss of $2.4 billion
4 years, 5 months ago

Boeing posts three-month loss of $2.4 billion

CNN  

New York CNN Business — Boeing lost $2.4 billion over the past three months, the company revealed Wednesday. The company is still in the early stages of resuming production of its 737 Max jets, which was Boeing’s best-selling aircraft but has been grounded since March 2019 following two crashes that killed 346 people. “The reality is the pandemic’s impact on …

Boeing got hit with a new wave of canceled plane orders
4 years, 5 months ago

Boeing got hit with a new wave of canceled plane orders

CNN  

New York CNN Business — The flood of canceled Boeing plane orders has returned. But counted among those tenuous orders are 97 planes that Norwegian Air Shuttle says it has canceled, but which Boeing has yet to acknowledge in its cancellation total. Most of the planes canceled or dropped from the backlog were the 737 Max, the troubled jet that …

Don’t expect to fly on a Boeing 737 Max anytime soon
4 years, 6 months ago

Don’t expect to fly on a Boeing 737 Max anytime soon

CNN  

New York CNN Business — More than 15 months after its best-selling plane was grounded, Boeing is finally close to getting approval to fly passengers on the 737 Max again. Boeing has reported 313 canceled orders for the Max, and that doesn’t include orders for 92 of the planes announced recently by Norwegian Air Shuttle. “We have too many airplanes …

Boeing’s biggest hit to orders yet: Norwegian cancels 97 jets
4 years, 6 months ago

Boeing’s biggest hit to orders yet: Norwegian cancels 97 jets

CNN  

New York CNN Business — Norwegian Air Shuttle canceled orders for 97 Boeing jets, the largest cancellation by a single Boeing customer since the grounding of the 737 Max 15 months ago. Norwegian’s canceled orders represent all of its unfilled jet orders from Boeing – 92 737 Max jets and five 787 Dreamliners. As with many operators dealing with a …

Canceled orders slow for Boeing
4 years, 7 months ago

Canceled orders slow for Boeing

CNN  

New York CNN Business — After three months of massive order cancellations for new jets, the bad news on canceled orders continued – but slowed – for Boeing in May. Boeing reported 46 canceled orders in February, followed by 150 in March and 108 in April, as the the world’s airlines’ finances crumbled. So it is relatively good news to …

COVID-19 Impact: Boeing expected to announce job cuts in US after aviation sector rocked by plunging travel demand
4 years, 7 months ago

COVID-19 Impact: Boeing expected to announce job cuts in US after aviation sector rocked by plunging travel demand

Firstpost  

In April, Boeing chief executive Dave Calhoun said the company had “begun taking action to lower our number of employees by roughly 10 percent through a combination of voluntary layoffs, natural turnover and involuntary layoffs as necessary.” Washington: Boeing Co is expected to announce US job cuts this week after disclosing last month it planned to shed 10 percent of …

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