INSIDER
Boeing CEO Kelly Ortberg says he doesn’t expect the U.S. trade war with China to get in the way of its its financial recovery and aircraft delivery targets even though Chinese airlines are refusing to accept the company’s planes.
President Donald Trump has toured a Boeing airplane to check out new hardware and technology features and highlight the aircraft maker's delay in delivering updated versions of the Air Force One presidential aircraft.
Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that will eventually reduce the company’s workforce by about 17,000.
Boeing has delivered layoff notices to more than 400 members of its professional aerospace labor union, part of thousands of cuts planned as the company struggles to recover from financial and regulatory trouble as well as an eight-week strike by its Machinists union.
Factory workers at Boeing have voted to accept a contract offer and end their strike after more than seven weeks.
Boeing factory workers have voted against the company’s latest contract offer and will remain on the picket lines six weeks into a strike that has stopped production of the aerospace giant’s bestselling jetliners.
Boeing factory workers have voted 64% against the company’s latest contract offer and to continue a six-week strike that has halted production of the aerospace giant’s bestselling jetliners.
Boeing’s CEO says the company will begin furloughing a large number of employees to save cash during a strike by union machinists.
Machinists at Boeing have voted to go on strike, another setback for the giant aircraft maker whose reputation and finances have been battered and now faces a shutdown in production of its best-selling airline planes.
