Lego sales by 8% in 2017 as the company worked to clean up inventories in established markets of North America and Europe. One bright spot was China where revenue jumped double-digits. Lego signed ...
Boeing’s defense business continued bleeding ... including the commercial-derived Air Force KC-46 tanker and Navy P-8 maritime patrol aircraft, continued program challenges, and the decision ...
By Niraj Chokshi Boeing’s new chief executive on Friday announced plans to reduce its work force by 10 percent ... percentage cut in April 2020, when air travel fell about 90 percent as the ...
It also suffered massive losses in 2020 when the pandemic caused a near halt in air travel ... its problems, Boeing is likely at no risk of disappearing. The company has only one rival that ...
A Lion Air flight crashed into the Java Sea, killing everyone on board, on Oct. 29, 2018, not long after Boeing’s newly developed 737 Max 8 started to be distributed to airlines.
Shortly after the Machinists walked out in September, Boeing initiated one-week furloughs for nonunion employees to preserve money as its factories sat idle. On Friday, Boeing said it would end ...
Boeing will reduce the size of its total workforce by 10% over the coming months, CEO Kelly Ortberg said in a letter to employees on Friday. That amounts to around 17,000 jobs, based on the ...
30,000 Boeing workers are now on strike on Thursday, International Association of Machinists and aerospace workers at Boeing voted by 95% to reject *** new contract negotiated by union leadership ...
which hammered global air travel. Earlier this year, Boeing tapped debt markets to raise $10 billion. Workers at Boeing's factories in the U.S. Pacific Northwest went on strike in September after ...
Boeing inspected assemblies on all four 777-9 test aircraft and found at least one cracked part on each, including WH004, which has not flown since late 2021. Prior to the issue, Boeing said it ...
Boeing agreed in July to plead guilty to one charge of conspiracy to defraud the United States. Under the plea agreement it would pay up to $487 million in fines — a fraction of the $24.8 ...