Tag: Boeing

• Tuesday, June 2nd 2020 - 08:51 UTC

  Boeing confirms elimination of 12,000 US jobs, and more in “coming months”

  

  Boeing confirmed it was eliminating more than 12,000 US jobs, including 6,770 involuntary layoffs, as the largest US planemaker restructures in the face of the coronavirus pandemic. Boeing also disclosed it plans “several thousand remaining layoffs” in the coming months but did not say where those would take place.

• Thursday, May 14th 2020 - 07:36 UTC

  Brazil's Gol Airlines recovers US$ 412 million compensation from Boeing

  

  Brazil airline Gol Linhas Aereas Inteligentes said on Wednesday it will receive a total of 2.4 billion reais (US$412.03 million) from Boeing Co as compensation for the grounding of the 737 MAX plane, which has not flown in over a year.

• Monday, April 27th 2020 - 07:45 UTC

  Collapse of Boeing deal plunges Brazilian plane maker Embraer into an uncertain future

  

  Brazilian planemaker Embraer SA has been thrust into an uncertain future with no immediate plan B, while not ruling out seeking a bailout after Boeing Co jettisoned a US$ 4.2 billion commercial aerospace tie-up amid the coronavirus crisis.

• Saturday, January 11th 2020 - 08:48 UTC

  Boeing's fired CEO will receive US$ 62 million in stock awards and pension benefits

  

  Boeing Co's ousted chief executive officer, Dennis Muilenburg, stands to receive US$62 million in long-term incentive, stock awards and pension benefits, but forfeited US$14.6 million and will receive no severance, the planemaker said in a regulatory filing on Friday.

• Tuesday, January 7th 2020 - 09:04 UTC

  American Airlines reaches agreement with Boeing on the 737 MAX grounding

  

  American Airlines on Monday became the latest carrier to reach an agreement with Boeing on compensation to cover the financial losses connected to the 737 MAX grounding, which caused thousands of flights to be canceled.

• Thursday, January 2nd 2020 - 08:44 UTC

  People killed in large commercial airplane crashes fell by over 50% in 2019

  

  The number of people killed in large commercial airplanes crashes fell by more than 50% in 2019 despite a high-profile Boeing 737 MAX crash in Ethiopia in March, a Dutch consulting firm said on Wednesday.

• Tuesday, December 24th 2019 - 09:50 UTC

  Boeing and the grounding of 737MAX: Chronicle of a foretold sacking

  

  Boeing on Monday replaced its embattled chief executive, Dennis Muilenburg, as it attempts to pivot from a protracted crisis surrounding the grounding of its top-selling 737 MAX after two deadly crashes.

• Tuesday, December 17th 2019 - 09:32 UTC

  Boeing considering halting or cutting production of the troubled 737 Max aircraft

  

  Boeing is reportedly considering either halting or cutting down the production of the grounded 737 Max aircraft after it failed to get approval last week for the plane's return to service from the Federal Aviation Administration (FAA) before the end of the year.

• Friday, November 1st 2019 - 08:45 UTC

  American Airlines flight attendants express safety concerns about Boeing 737MAX

  

  American Airlines' flight attendants union still has safety concerns about the Boeing 737 MAX and is demanding an active role in the re-launch of the grounded aircraft, its president told Boeing Co's chief executive in a letter.

• Saturday, October 12th 2019 - 10:10 UTC

  Several airlines extend cancellations of Boeing 737 MAX flights until January

  

  United Airlines Holdings Inc said on Friday it is extending cancellations of Boeing 737 MAX flights until Jan. 6, as regulators continue to extensively review proposed software changes to the grounded plane.