Textron Workers Accept New Contract, Strike Ends
Textron Aviation workers in Wichita have ended their four-week strike after voting to accept an improved five-year contract. Represented by… Read More »
Boeing Launches 90M Common Shares, $5B Depositary Offering
Boeing has initiated a major capital-raising effort with an offering of 90 million shares of common stock and $5 billion… Read More »
Boeing Machinists Reject Contract, Strike Nears Six Weeks
The machinists’ union representing 33,000 striking Boeing workers on the West Coast has rejected Boeing’s latest contract proposal, extending the… Read More »
Boeing Reports $6.17 Billion Q3 Loss Amid Worker Strike
Boeing has posted a net loss of $6.17 billion in the third quarter of 2024, largely attributed to the impact… Read More »
Airbus to Boost India Workforce to Over 5,000 with New Delhi HQ
Airbus has announced plans to expand its workforce in India to over 5,000 employees, aiming to strengthen its presence in… Read More »
New Boeing CEO Aims for Leaner Operations Amid $6B Loss
Boeing’s new CEO, Kelly Ortberg, has outlined an ambitious vision for a leaner future as the company grapples with a… Read More »
Embraer CEO Discusses New Aircraft Development Plans
Brazilian aircraft manufacturer Embraer is exploring the possibility of developing a new jet, as CEO Francisco Gomes Neto revealed in… Read More »
Spirit AeroSystems to Furlough 700 Amid Boeing Strike
Spirit AeroSystems, a key supplier to Boeing, announced plans to furlough approximately 700 employees as the machinist strike at Boeing… Read More »