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 »
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 »
The Teamsters Forms Coalition to Unionize Delta Air Lines Workers
The Teamsters, along with members of the Association of Flight Attendants (AFA) and the International Association of Machinists and Aerospace… 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 completes rework of Boeing 737 vertical fittings
Spirit AeroSystems, a Tier 1 supplier for Airbus and Boeing, which also provides fuselages for the Boeing 737 program, said… Read More »
Boeing Investors to Analyze Cost Impact of Spirit AeroSystems Labor Deal
Boeing investors will closely examine the cost implications of a recent labor deal struck by Spirit AeroSystems when Boeing releases… Read More »
Boeing’s Labor Headache Is Over. Why It’s Good News For GM, Ford, UPS?
Boeing’s labor dispute with the International Association of Machinists and Aerospace Workers (IAM) union has been resolved through a new… 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 »