Boeing

Boeing has announced significant layoffs, affecting 17,000 employees. This comes amidst a series of challenges for the aerospace giant.

Boeing CEO Robert Ortberg recently bought a $4.1 million Seattle mansion amid a strike by thousands of Boeing factory workers demanding a 40% pay raise.

Boeing has trimmed delivery and production of its 737 Max fleet, while Broadcom's quarterly revenue jumped 34% YoY on high chip demand for AI data centres.

Ryanair is Europe's biggest airline by passenger numbers.

Boeing Co is expected to sell nearly 80 787 Dreamliner airplanes to two Saudi Arabian airlines, a source briefed on the matter said on Monday.

Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars from both Airbus and Boeing as it carves out an ambitious renaissance under the Tata Group conglomerate, industry sources said on Sunday.

Planemaker Boeing Co expects Indian airlines to boost their capacity by at least 25% over the next year as demand rebounds quickly in the world's fastest-growing major market, an executive said on Thursday.

Taiwan's China Airlines Ltd said on Tuesday it would buy 16 Boeing Co 787 widebody planes to replace its ageing fleet of Airbus A330s following a widely watched contest held against the backdrop of regional tensions.

Norwegian Air reported a second-quarter net profit on Thursday amid a surge in demand for air travel in Europe after pandemic restrictions were lifted, and was helped by reversal of an impairment charge related to its dispute with Boeing.

Boeing Co>

A union representing nearly 2,500 employees at three Boeing Co defense locations in the St.

Boeing reported a drop in second-quarter profits Wednesday on the continued halt to deliveries of the 787.

A union representing nearly 2,500 employees at three Boeing Co defense locations in the St.

Aerospace has turned the page on an unprecedented pandemic demand shock with dozens new orders at its largest air show in three years - only to face mounting worries over supply chains and reminders that its future hinges on decarbonisation.

Airbus is in discussions with Qatar Airways to try to resolve a bitter legal and safety dispute over the A350 passenger jet, the planemaker's chief executive said on Sunday.

At 6:54 p.m. EDT (2254 GMT) on Thursday at NASA's Kennedy Space Center in Florida, Starliner is set to make another attempt at launching to the space station without any astronauts aboard

A China Eastern Airlines aircraft that crashed in the southern Guangxi province of China in March this year was reportedly made to crash intentionally, according to US media reports

He said that the airline, which flies mainly throughout Europe and to north Africa, had 65 737 MAX aircraft, which use 40 percent less kerosene.

Boeing last week reported a $4.1 billion quarterly loss due to one-time costs of $3.8 billion connected to problems with its 787 Dreamliner plane.

Some other companies in the flying taxis space have envisioned piloted air taxies as a first step towards autonomous service.

Other satellite constellation projects are already being rolled out by competing companies.

In another step to please consumers, United plans to upgrade its existing fleet of narrow-body planes to add more space for onboard luggage.

The yield on the 10-year US Treasury note rose back above 1.6 percent, an indication of rising expectations on inflation.

The announcement came just hours after Beijing said it would sanction US firms involved in an earlier arms sales to the democratic self-ruled island.

The Seattle-based plane manufacturer, one of the most important suppliers for the Pentagon, is going through a long rough period.

The carrier turns to more modern and fuel-efficient models like Boeing's 787 and the Airbus A350.

Manufactured in partnership with Boeing, it relies on solar power to keep its system functional for long periods of time.

Trump, who is keen to get his reelection campaign back on track, said that social distancing has caused too much pain to the US economy.

The company said commercial aircraft orders increased to 768 last year from 747 in 2018.

Japanese auto giant Nissan and South Korea's Hyundai Motor have also been affected.