Boeing Company (BA)
Is Boeing Stock a Buy? 5 Pros and 1 Big Risk to Watch in 2024
The Boeing Company NYSE: BA has had a tumultuous 2024 mired by regulatory issues, negative publicity, lay-offs, rising debt, stock dilution, and mounting losses capped off by a 33,000 worker machinists' union strike.
Boeing: Deliveries Sink, The Turnaround Starts Right Here
Boeing faced significant challenges in 2023, including the 737 MAX accident, Starliner issues, and a strike impacting production and deliveries. Despite a year-on-year decline, Boeing secured $5 billion in airplane orders in October, with continued demand for the 737 MAX and Chinese market deliveries. Boeing's deliveries hit a multi-year low due to the strike, with a 25% decline in units and 27% in value compared to last year.
Boeing unveils further round of job cuts
Boeing Co (NYSE:BA, ETR:BCO) has notified 438 members of its professional aerospace labour union of impending layoffs, part of broader plans to cut about 17,000 jobs, or 10% of its workforce. The cuts come as the company addresses financial challenges, regulatory restrictions, and the fallout from an eight-week machinists' strike.
Boeing Begins Layoffs: Is The 737 MAX Recovery Enough To Lift BA Stock?
Boeing Co BA is issuing layoff notices to 17,000 employees as part of a broader effort to rightsize its workforce.
Boeing names ex-Vanguard CEO Buckley as board member
Boeing board has elected former Vanguard Group CEO Tim Buckley as its newest member, effective Jan. 1, the U.S. planemaker said on Friday.
U.S. industrial output battered for second month by Boeing strike, hurricanes
Production down 0.3% after 0.5% drop in prior month
Boeing was a buy for Soros fund, but Tepper's Appaloosa just dumped it
David Tepper's Appaloosa and Soros Fund Management diverge on Boeing Co., securities filings late Thursday show.
Boeing starts issuing layoff notices
Boeing Co (NYSE:BA, ETR:BCO) has started issuing layoff notices this week as part of a larger workforce reduction, impacting around 17,000 employees, or 10% of its global workforce. The layoffs will impact employees at all levels including executives, managers and manufacturing workers at its facilities in Washington and South Carolina.
Boeing hires Northrop executive to take over Pentagon projects
Boeing said on Thursday it hired former Northrop Grumman executive Colin Miller to head its Phantom Works research arm within the company's defense business unit.
Bell-Boeing Secures Contract to Aid CMV-22 Osprey Aircraft Program
Bell-Boeing, a joint venture between BA and Bell Helicopter, an unit of TXT, secures a contract involving the CMV-22 Osprey aircraft.
Boeing cutting 17,000 jobs to ‘adjust its workforce' after labor union strike
The cuts, which come after a labor union strike, equate to 10% of its workforce.
Etihad splashes $1bn on retrofits as profit soars, jet shortages loom
Etihad has laid out plans to spend US$1 billion on retrofitting older jets as the airline looks to build on a surge in profit this year against a backdrop of new aircraft shortages. Around 50 Boeing Co (NYSE:BA, ETR:BCO) 787 and 777s will be refurbished initially, before stretching to all of Etihad's wide body jets, chief executive Antonoaldo Neves said on Thursday.
