Boeing shares decline as the company begins layoffs amid a major restructuring plan, while projecting strong growth in air ...
In response to these declines, the jet maker has all but eliminated its pension program, one issue of many that has angered ...
Boeing instituted rolling furloughs in September, with tens of thousands of employees asked to take off one out of every four ...
In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...
Boeing workers who were furloughed will be getting their paychecks back, announced CEO Kelly Ortberg Thursday.
More than 32,000 Boeing machinists walked off the job on Sept. 13 after turning down an earlier tentative agreement.
One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...
"We would not be surprised to see another such arrangement be announced," a prominent Wall Street aerospace sector analyst ...
Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing ...
Wichita-based Spirit AeroSystems says it is not planning to implement additional furloughs or layoffs after Boeing workers ...
For round two employees, their last day will be February 21, 2025. Boeing previously announced weekly furloughs. The last week of the first wave of those furloughs finishes this week for BCA and ...
Boeing is in the process of buying Spirit for $4.7 billion to reduce outsourcing and to have more control over its supply chain. The furloughs at a key supplier were announced as Boeing faced a ...