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Boeing to Cut 17,000 Jobs, Delay 1st 777X Jet
Why another delay of Boeing's new 777X plane is such a big deal
The 777X's economics and more spacious 10-abreast cabin are huge selling points against the rival Airbus A350, but the plane is far behind schedule.
Boeing to cut 17,000 jobs, delay first 777X jet as strike hits finances
Oct 11 (Reuters) - Boeing will cut 17,000 jobs -- 10% of its global workforce -- delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a month-long strike.
Boeing to cut 10% jobs, postpone delivery of 777X jet due to financial loss
Boeing will cut its workforce by roughly 10% and postpone first deliveries of its 777X jet due to record financial losses, CEO Kelly Ortberg said.
1d
on MSN
Boeing to send pink slips to thousands of workers within weeks as January layoffs loom: report
Boeing will be sending out thousands of layoff notices after CEO Kelly Ortberg last week announced the company would be ...
22h
on MSN
Boeing is raising $10 billion from 4 major banks — and could sell another $25 billion in securities
Boeing has faced a litany of challenges in 2024, including the Alaska Airlines blowout, a mass strike, job cuts, and a CEO ...
2d
Boeing prepares layoff notices for thousands of workers as turmoil deepens
Oct 14 (Reuters) - Thousands of Boeing staff will get layoff notices within weeks, a union and industry sources said, as a ...
3h
Boeing to raise up to $33b as strike weighs on finances
In a regulatory filing, Boeing indicated plans to raise the funds by selling stock and debt. Read more at straitstimes.com.
1d
Boeing strike: What aircraft are affected?
Several types of Boeing aircraft’s production has been affected as over 30,000 unionized workers in the Pacific Northwest ...
Flightglobal
1d
Emirates’ CEO questions Boeing’s new 777-9 in-service goal, citing type inspection authorisation ‘halt’
The chief executive of Emirates Airline is sceptical Boeing can meet its new goal of delivering the first 777-9 in 2026, ...
AeroTime
2d
China Airlines evaluates next large widebody order, A350 and 777X contenders
Taiwan-based China Airlines is evaluating its next large widebody order, with the Airbus A350 and Boeing 777X slated as ...
3d
Boeing: Commercial Airplanes sees Q3 pre-tax charges of $3B on 777X, 767
Commercial Airplanes expects to recognize pre-tax earnings charges of $3.0 billion on the 777X and 767 programs. The company ...
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