Boeing starts issuing layoff notices – Times of India
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.…
Ryanair profit falls, growth hit by Boeing delays – Times of India
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…
Air India bumps up Airbus order by 85 aircraft – Times of India
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 weighs raising at least $10 billion selling stock – Times of India
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…
‘Our business is in a difficult period’: Boeing considers layoffs amid workers’ strike – Times of India
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…
Boeing says it’s considering temporary layoffs to save cash during the strike by machinists – Times of India
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…
Ryanair may get five fewer planes by next summer due to Boeing strike, CEO says – Times of India
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 names Ortberg as CEO to revive embattled planemaker – Times of India
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…
Cyient DLM inks deal with Boeing to make battery diode module for 787 Dreamliner – Times of India
HYDERABAD: Design-led manufacturing player Cyient DLM, which is a part of Hyderabad-based Cyient group, has bagged a contract from US aviation giant Boeing for manufacturing the battery diode module (BDM)…