Aerospace major Boeing announced on Tuesday that it will sell parts of its digital aviation solutions business to software-focused investment firmThoma Bravo in a deal valued at $10.55 billion.The agreement…
Representative image (Picture credit: AP) Commercial plane prices are set to rise as aviation giants are facing added pressure amid US President Donald Trump's tariff push against global trade.The cost…
Boeing said it is issuing layoff notices starting this week to workers impacted by a broader plan by the planemaker to cut 17,000 jobs, or 10% of its global workforce.…
LONDON: Irish budget airline Ryanair reported falling net profit for the second quarter on Monday and revised down its passenger growth target following delays in deliveries of Boeing aircraft.Chief executive…
NEW DELHI: Air India has converted an option for 85 Airbus aircraft - 75 single aisle A320 family & 10 twin aisle A350s - into a firm order. When the…
Boeing Co. is considering raising at least $10 billion by selling new stock, as the planemaker seeks to replenish cash reserves depleted further by an ongoing strike, according to people…
In response to the ongoing factory workers' strike that began last week, Boeing has announced a series of measures "to preserve cash and safeguard future".Chief financial officer (CFO) Brian West…
DALLAS: Boeing plans to freeze hiring and reduce travel and is considering temporary layoffs to save cash during the factory workers' strike that began last week, the company told employees…
DUBLIN: Ryanair Group CEO Michael O'Leary said on Saturday a prolonged Boeing workers' strike may cut the number of aircraft it receives by next summer to 20 from an anticipated…
Boeing Co appointed Kelly Ortberg as its next chief executive officer, entrusting a retired veteran of the aviation industry with one of the most complex turnaround challenges in corporate America.The…