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Boeing Starts Issuing Layoff Notices as Planemaker Trims 10% of Workforce

Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce. U.

UPI News on MSN · 12h

Boeing delivers layoff notices to 17,000 workers amid financial struggles

Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the aerospace giant's shaky finances.

Fox Business · 20h

Boeing issues layoff notices as aerospace giant cuts 17,000 jobs

Boeing announced it will lay off 10% of its workforce in the coming months and cut its production amid an ongoing labor union strikes.

Hindustan Times on MSN · 8h

Boeing starts issuing layoff notices to cut 17,000 jobs, 10% of its workforce

Boeing sending out the Worker Adjustment and Retraining Notification (WARN) in mid-November was widely expected

1don MSN

China's renaming of its regional jet is another clear sign its homegrown planemaker is coming for Boeing and Airbus

The ARJ21 is now to be known as the C909. The renaming plays into COMAC's ambition to enter the global market.

1don MSN

Spirit Aero gets planemaker help to prop up weak finances

By David Shepardson, Allison Lampert and Tim Hepher (Reuters) -Spirit AeroSystems said on Tuesday it would receive up to $350 ...

Marketplace8d

Now that Boeing’s strike is over, the planemaker faces a massive backlog of orders

Despite Boeing's strike ending, the company has had a tough year. But its backlog struggles can be traced back to the ...

Boeing throws Spirit $350 million lifeline to support output

Boeing Co. will advance Spirit Aerosystems Holdings Inc. as much as $350 million as the planemaker gives its most important ...

Boeing strike sinks October deliveries to 14 jets

Boeing said on Tuesday it delivered 14 commercial jets in October, less than half of the 34 jets it handed over to customers ...

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Spirit Aero to receive up to $350 million in funding from Boeing

(Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the ...

1don MSN

Boeing begins a new chapter, resuming 737 Max production and giving $350 million to a troubled supplier

CEO Kelly Ortberg has a four-point plan to improve Boeing. Ending the strike is a start, but analysts say it will take time ...

6don MSN

Brazilian planemaker Embraer lifts overall guidance as Q3 profit soars

SAO PAULO (Reuters) -Brazilian planemaker Embraer raised its projected adjusted earnings before interest and taxes margin ...

U.S. News & World Report1d

Embraer Sees Chinese Role in Strengthening Supply Chain, Executive Says

ZHUHAI, China (Reuters) - Brazilian planemaker Embraer said on Wednesday at China's largest air show in Zhuhai that it ...

Dallas Morning News29d

Planemaker Embraer spending $70 million to expand Fort Worth maintenance base

The German-based aircraft engine firm is moving to Perot Field Fort Worth Alliance Airport in Fort Worth.(Tom Fox / Staff Photographer) Plane manufacturer Embraer is investing $70 million for a ...

Airbus defends free trade amid growing tariff jitters

ZHUHAI, China, Nov 12 (Reuters) - The head of Airbus (AIR.PA) China said on Tuesday that Chinese certification of its A330neo ...

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Electric Planemaker Beta Technologies Raises Over $300 Million in New Funding

Electric aerospace company Beta Technologies said on Thursday it had raised more than $300 million in equity capital to support the continued production of its all-electric fixed-wing and eVTOL ...

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