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When it comes to space companies, layoffs aren't always bad news.
Mentions: LMT
Boeing's longtime veteran and chief aerospace safety officer, Mike Delaney, will retire later this year, according to a memo seen by Reuters on Friday.
Boeing's chief aerospace safety officer, Mike Delaney, will retire later this year, Air Current Editor Jon Ostrower said in a post on X on Friday, citing an internal message by Boeing Chief Executive Officer Kelly Ortberg to employees.
TUI AG said Boeing Co. delivery delays are hurting profitability, as the German travel firm plans to expand in eastern Europe and southeast Asia.
Here are the most important news items that investors need to start their trading day.
Mentions: WMT
Emirates will add new destinations in China this summer as the Dubai carrier seeks to benefit from buoyant travel growth in Asia’s biggest economy and capitalize on European competitors retreating from the market.
Kelly Ortberg, the CEO of Boeing, said he is working with the DOGE team to speed up delivery.
Kelly Ortberg, the CEO of Boeing, said he is working with the DOGE team to speed up delivery.
Supply chains for major planemakers Boeing and Airbus are showing signs of moderate improvement, the chief executive of Saudi start-up Riyadh Air said on Thursday. The causes ranged from general disruption emanating from the COVID-19 pandemic to industrial action at Boeing which caused a seven-week halt to most jet production last fall. "But am I seeing signs of moderate improvement - I honestly have to say, yes I do."
Elon Musk has made unfounded claims that two NASA astronauts were left on the space station for "political reasons" after their Boeing spacecraft ran into problems.
Boeing has said it would buy back its former subsidiary Spirit Aero, which is a critical supplier to Boeing, for $4.7 billion in stock. Spirit Aero also produces key parts for some Airbus jets, and Airbus will take some of those activities in a deal expected to close by mid-2025.
Boeing said on Thursday it has appointed Jeff Shockey as executive vice president of government operations, global public policy and corporate strategy, effective February 24.
The European airline maker, which is Boeing’s chief rival, said it would adapt to any new tariffs, including passing on costs to its customers.
/PRNewswire/ -- Boeing [NYSE: BA] today announced Jeff Shockey as the company's new executive vice president of Government Operations, Global Public Policy &...
Italy's Leonardo has identified a new industrial partner for its aerostructures unit which has been hit by the problems of U.S. planemaker Boeing, the state-controlled group's CEO said on Thursday. Leonardo has been attempting for several years to return its aerostructures business to profit. CEO Roberto Cingolani said in November it was looking for new opportunities for the division, which manufactures two sections for Boeing's 787 plane.
President Trump has expressed frustration about delays of new Air Force One aircraft from Boeing.
“The president is clearly not happy with the delivery timing," Boeing's CEO said
Boeing Co.’s chief executive officer said Elon Musk and his DOGE team are helping the planemaker work through bottlenecks that have caused the next fleet of Air Force One jets to fall years behind schedule.
Boeing's supply chain for the 737 MAX is in good shape as the U.S. planemaker aims to grow output of its strongest-selling jet to 38 a month by mid-2025, CEO Kelly Ortberg said on Thursday. Ortberg told analysts and investors at the Barclays Industrial Select Conference that he doesn't see any supply chain constraints right now that are going to stop the planemaker from ramping up here to the 38 a month. (Reporting By Allison Lampert in Montreal and Abhijith Ganapavaram in Bengaluru)
Airbus CEO Guillaume Faury said Comac's "privileged access" to the Chinese market could let it sell aircraft to other countries as well.
European aerospace company Airbus Group (EADSF) targets to deliver 820 jets in 2025, aiming for a 7% year-over-year growth despite its new A350 ...
Boeing one of more than 100 companies whose products reached Russian aviation industry via intermediaries in India
President Donald Trump said he “may have to go a different route” after repeated delays have prevented Boeing Co. from delivering the next generation of planes to serve as Air Force One.
Their letter came three weeks after a deadly collision between a regional jet and an Army helicopter near Washington, D.C.