Boeing Reports $6.17 Billion Loss in Q3 as Labor Vote Looms
Boeing continues to face a challenging year, with its third-quarter earnings report revealing a net loss of $6.17 billion, adding to a total loss of nearly $8 billion so far in 2024.
Boeing CEO Pledges Focus on Safety After 737 MAX Emergency
Ortberg tells Senate: “I’m pressuring the team to do it right” Boeing CEO Kelly Ortberg told the U.S. Senate Commerce Committee on Wednesday that the company is prioritizing safety over speed following
Boeing Makes Historic Offer to End Machinists Union Strike Amid Looming Operational Disruptions
In an urgent bid to resolve the ongoing strike that threatens to disrupt its production, Boeing has presented the Machinists union with an unprecedented contract offer. Delivered on Monday morning, the new
Boeing Cuts Losses as Aircraft Deliveries Surge
Strongest Quarter for Deliveries Since 2018 Boeing reported a significant improvement in its second-quarter performance, with the company delivering 150 aircraft — its highest since 2018 — and reducing losses compared to
Boeing CEO Faces Major Challenges After Strike Ends
After a seven-week strike that disrupted operations at Boeing, newly appointed CEO Kelly Ortberg now faces the daunting task of repairing a divided and demoralized company. The narrow vote to accept Boeing’s
Boeing Faces Strike Fallout: Hiring Freeze and Furloughs Planned
Boeing is grappling with major disruptions after tens of thousands of its workers went on strike, forcing the aerospace giant to freeze recruitment and consider furloughing employees. The strike, which began on