Budget carrier Norwegian has agreed to buy 10 Boeing 737-800 aircraft that are currently part of its leased fleet, the airline said on Monday. The transaction is expected to close during the first quarter and will initially be funded through the company's cash reserves,
Boeing commercial airplanes head Stephanie Pope will focus on the recovery of the company's crucial and challenged plane-making unit under a reorganization that ends her role as the company's chief operating officer but leaves her as the No.
Boeing will lay off 89 employees at its Michoud Assembly facility in New Orleans, a result of the uncertainty facing the NASA Artemis lunar program. The company said the permanent layoffs are expected to begin April 18, in a letter it sent earlier this month to the Louisiana Workforce Commission.
Boeing's financial struggles persist despite a $25 billion capital raise, with weak earnings and cash flow justifying a downgrade from 'hold' to 'sell'. Recent financial performance has been poor, with significant revenue declines in the Commercial Airplanes and Defense, Space & Security segments due to one-time events.
So after yesterday’s performance at aerospace stock Boeing (BA), which featured Boeing cutting product lines, positions, and entire business
A month before Donald Trump took office, tech mogul Elon Musk flew to Port San Antonio to meet with Boeing’s CEO about Air Force One.
There has been some interesting and mixed news flow around Boeing (NYSE: BA) recently. While what is being reported about the aerospace giant isn't coming from official sources at the aerospace giant,
Turkish Airlines’ long-awaited order for Boeing Co. aircraft will take as many as six more months to finalize, with contract terms and delivery schedules yet to be ironed out.
The comments were the White House's latest attempt to ratchet up pressure on Boeing, which is at least three years behind in delivering two new jets.
LONDON— Boeing is planning to cease production of its AH-6i Little Bird single-engine light helicopter after securing only two customers for the type.
COPENHAGEN (Reuters) - Budget carrier Norwegian has agreed to buy 10 Boeing 737-800 aircraft that are currently part of its leased fleet, the airline said on Monday.
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