Boeing’s bet on jet-building frenzy rests on fragile supplier network
For Boeing, the pandemic was just one item on the long list of its existential concerns over the past four… Read More »
Boeing to move 787 production to South Carolina in 2021
Boeing Co said on Thursday it will move the rest of its 787 Dreamliner production to South Carolina in 2021,… Read More »
Spirit AeroSystems will lay off 2,800 workers after Boeing 737 Max halt
Wichita’s largest employer, Spirit AeroSystems, announced Friday that it will lay off 2,800 workers due to uncertainty about the production… Read More »
Textron Aviation Workers Vote to Strike After Rejecting Contract Offer
approximately 5,000 members of the International Association of Machinists and Aerospace Workers (IAM) Local 774 in Wichita, Kansas, decisively rejected… Read More »
Airbus Implements Mandatory Weekend Overtime at Montreal A220 Plant to Address Production Delays
Airbus has announced plans to implement mandatory weekend overtime for workers at its Montreal-area A220 factory, aiming to mitigate ongoing… Read More »
Alaska Air to Acquire Hawaiian Holdings for $1.9 Billion
Alaska Air Group has announced its intention to acquire Hawaiian Holdings for $1.9 billion, including debt, in a strategic move… Read More »
Spirit AeroSystems Shares Plunge 27% Due to Bleak Cash-Flow Outlook
Spirit AeroSystems, the aerospace manufacturer, witnessed a steep decline of 27% in its shares on Wednesday Aug. 2 after revealing… Read More »
Spirit AeroSystems Faces Production Suspension Amidst Contract Negotiations with Union
Spirit AeroSystems, a major supplier of aerospace components to leading plane makers, has encountered challenges during contract negotiations with District… Read More »