Boeing’s Starliner Faces $1.85 Billion Loss Amid Persistent Delays and Issues
Boeing’s CST-100 Starliner program has reached a significant financial toll, with the aerospace giant now facing $1.85 billion in losses… Read More »
Spirit AeroSystems’ Losses Widen as Cash Reserves Drop Amid Boeing Strike
Spirit AeroSystems reported mounting losses in its third-quarter earnings, with net losses reaching $217 million, more than double the $101… Read More »
Boeing Machinists Reject Labor Deal, Extend Strike
Boeing machinists have voted against a new labor contract, resulting in an extended strike that has now lasted over five… Read More »
Boeing Machinists Vote on Proposal for 35% Raises to End Strike
Boeing and its machinists’ union have announced a new contract proposal that could potentially end a strike lasting more than… Read More »
Honeywell Forecast Predicts Continued Growth in Business Jet Deliveries
Honeywell Aerospace’s latest Global Business Aviation Outlook forecasts the delivery of 8,500 new business jets valued at $280 billion over… Read More »
Iran Denounces New EU and UK Sanctions as Unjustified
Iran has condemned the latest round of sanctions imposed by the European Union (EU) and the United Kingdom (UK), labeling… Read More »
Boeing to Issue Layoff Notices Amid Ongoing Strikes
Boeing plans to issue layoff notices to thousands of employees in November 2024, with affected workers expected to leave the… Read More »
EU Sanctions Iranian Airlines Over Drone Transfers to Russia
The European Union has imposed sanctions on seven individuals and seven entities, including three Iranian airlines, in response to Iran’s… Read More »