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Boeing Co

Boeing starts furloughing tens of thousands of employees amid machinist strike

Boeing starts furloughing tens of thousands of employees amid machinist strike

Business News

Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024.  M. Scott Brauer | Bloomberg | Getty Images Boeing will temporarily furlough thousands of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, CEO […]

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Boeing Starliner prepares to leaves space station empty, months later than planned

Boeing Starliner prepares to leaves space station empty, months later than planned

Business News

Boeing spacecraft Starliner is seen from the window of SpaceX’s Dragon capsule “Endeavour” on July 3, 2024 while docked with the International Space Station during the crew flight test. NASA Boeing‘s Starliner is set to leave the International Space Station on Friday, months later than the spacecraft was originally supposed to depart — and without

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U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree

U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree

Business News

A pilot performs a walkaround before a United Airlines flight Leslie Josephs/CNBC U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of Transportation. Now the industry is cooling its hiring. Airlines are close to their

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Boeing pauses tests of 777X aircraft after finding damage to one of the jets’ structures

Boeing pauses tests of 777X aircraft after finding damage to one of the jets’ structures

Business News

A Boeing 777x aircraft during an aerial display on the opening day of the Farnborough International Airshow in Farnborough, UK, on Monday, July 18, 2022. Jason Alden | Bloomberg | Getty Images Boeing said Monday that it has paused flight tests of its 777X after it found damage in a structure of one of the

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United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader Ortberg

United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader Ortberg

Business News

United Airlines CEO Scott Kirby celebrates the opening of a new addition to its Flight Training Center in Denver, Colorado, on Feb. 22, 2024. Hyoung Chang | Denver Post | Getty Images United Airlines CEO Scott Kirby says he is optimistic about Boeing‘s recovery after meeting with the manufacturer’s new chief executive. It’s an upbeat

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Boeing Starliner prepares to leaves space station empty, months later than planned

Why NASA astronauts are waiting to return on Boeing’s Starliner

Business News

NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing’s Starliner to the International Space Station on NASA Log entry: Day 71. Butch Wilmore and Suni Williams are waiting. Boeing is waiting. And throughout the halls of NASA, leaders and engineers are gathering, analyzing and deliberating. Boeing’s Starliner capsule “Calypso” has

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Boeing’s new outsider CEO Ortberg takes the helm, this time from the factory floor

Boeing’s new outsider CEO Ortberg takes the helm, this time from the factory floor

Business News

Robert K. “Kelly” Ortberg is the Boeing’s new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing’s Board of Directors. Courtesy: Boeing Aerospace veteran Robert “Kelly” Ortberg becomes Boeing‘s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon. That enormous goal will

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