Boeing

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. Nearly 400 Boeing employees were laid off in Washington state and more than 500 in California, news outlets reported Monday. The aerospace giant announced previously it would reduce its workforce by 10% in the coming months as it tries to recover from financial and regulatory troubles and a strike by its machinists that lasted almost two months. CEO Kelly Ortberg has said the strike did not cause the layoffs, which he said was the result of overstaffing. In November, the company started notifying workers who would be laid off. Notices filed with state employment agencies showed the first round of cuts impacted about 3,500 people around the country, The Seattle Times reported. Those cuts touched people in roles from engineers to recruiters to analysts and impacted Boeing's commercial, defense and global

Boeing is trying to get production of its strongest-selling 737 MAX back on track, after a weeks-long strike by more than 33,000 US West Coast workers halted output of most of its commercial jets

Presently, Air India Express operates a fleet of approximately 90 aircraft, whereas full-service airline Air India has around 210 planes

Astronauts Sunita Williams and Butch Wilmore just completed six months on the International Space Station, on a mission which was initially scheduled for just one week

FAA Administrator Mike Whitaker this week met with Boeing CEO Kelly Ortberg and toured Boeing's 737 plant in Renton, Washington, as it boosts oversight following the strike, which ended Nov 4

Relatives of victims of the two 737 MAX crashes, which occurred in 2018 and 2019 and killed 346 people, have called the agreement a "sweetheart" deal that failed to adequately hold Boeing accountable

The 19 senior leaders have counted on five company-owned Bombardier Inc. Challenger 650 business jets and two customized 737 narrowbodies to help oversee the US planemaker's sprawling operation

FAA Corrective Action Review Board reviewed the CFM LEAP-1B engine bird strikes which led to smoke entering two Boeing 737 MAX aircraft

Relations with workers have been particularly strained by a strike that lasted for more than seven weeks and consumed much of Ortberg's first months on the job

Boeing said in a notice filed with Washington's Employment Security Department on Monday that it has so far laid off 2,199 workers in the state, among job cuts that will eventually total about 17,000 across the company. The aerospace giant announced in October that it planned to cut about 10 per cent of its workforce in the coming months as it struggles to recover from financial and regulatory troubles as well as a strike by its machinists that lasted nearly two months. The planned cuts include workers at Boeing facilities across the country, from Washington to Missouri to Arizona to South Carolina, The Seattle Times reported. They also appeared to impact workers in all three of Boeing's divisions -- commercial aeroplanes, defence and global services. Before the layoff notices were delivered last week, Boeing had 66,000 workers in Washington. Among the layoffs so far are notices that went out last week to more than 400 members of Boeing's professional aerospace labour union, the ..

Boeing has delivered layoff notices to more than 400 members of its professional aerospace labour 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. The pink slips went out last week to members of the Society of Professional Engineering Employees in Aerospace, or SPEEA, The Seattle Times reported. The workers will remain on the payroll through mid-January. Boeing announced in October that it planned to cut 10 per cent of its workforce, about 17,000 jobs, in the coming months. CEO Kelly Ortberg told employees the company must "reset its workforce levels to align with our financial reality". The Society of Professional Engineering Employees in Aerospace, or SPEEA, union said the cuts had affected 438 members. The union's local chapter has 17,000 Boeing employees who are largely based in Washington, with some in Oregon, California and Utah. Of those 438 workers, 218

Boeing on Monday won ratification of a contract giving its machinists a 38 per cent pay hike over four years and a $12,000 bonus, ending the strike

Factory workers at Boeing have voted to accept a contract offer and end their strike after more than seven weeks, clearing the way for the company to restart idled Pacific Northwest assembly lines. But the strike was just one of many challenges the troubled US aerospace giant faces as it works to return to profitability and regain public confidence. Boeing's 33,000 striking machinists disbanded their picket lines late Monday after leaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59 per cent of union members who cast ballots agreed to approve the company's fourth formal offer, which included a 38 per cent wage increase over four years. Union machinists assemble the 737 Max, Boeing's bestselling airliner, along with the 777 or triple-seven jet and the 767 cargo plane at factories in Renton and Everett, Washington. Resuming production will allow Boeing to generate much-needed cash, which it has been bleeding. Even for a company the

More than 33,000 factory workers in the US Northwest will trudge back to work over the next week after they voted by a slim margin to accept Boeing's third contract offer

Unionised factory workers at Boeing are voting Monday whether to accept a contract offer or to continue their strike, which has lasted more than seven weeks and shut down production of most Boeing passenger planes. A vote to ratify the contract would clear the way for the aerospace giant to resume airplane production and bring in much-needed cash. If members of the International Association of Machinists and Aerospace Workers vote for a third time to reject Boeing's offer, it would plunge the company into further financial peril and uncertainty. In its latest proposed contract, Boeing is offering pay raises of 38% over four years, as well as ratification and productivity bonuses. IAM District 751, which represents Boeing workers in the Pacific Northwest, endorsed the proposal, which is slightly more generous than one the machinists voted down nearly two weeks ago. It is time for our members to lock in these gains and confidently declare victory," the union district said in schedulin

Boeing overcharged the Air Force nearly USD 1 million for spare parts on C-17 cargo planes, including an 8,000 per cent markup for simple lavatory soap dispensers, according to the Pentagon's inspector general. The Defense Department's auditor reviewed prices paid for 46 spare parts on the C-17 from 2018 to 2022 and found that 12 were overpriced and nine seemed reasonably priced. It couldn't determine the fairness of prices on the other 25 items. The Office of the Inspector General said it reviewed the soap dispenser prices after getting a hotline tip. Boeing disputed the findings. We are reviewing the report, which appears to be based on an inapt comparison of the prices paid for parts that meet aircraft and contract specifications and designs versus basic commercial items that would not be qualified or approved for use on the C-17," Boeing said in a statement. We will continue to work with the OIG and the US Air Force to provide a detailed written response to the report in the .

The union plans to hold a vote on the proposal on November 4

Boeing confirmed that it has resumed negotiations, and met earlier Tuesday with the union

Based on Friday's closing price, Boeing can raise $13.95 billion from the common stock offering, though such issues are typically priced at a discount to ensure enough demand

Four astronauts returned to Earth on Friday after a nearly eight-month space station stay extended by Boeing's capsule trouble and Hurricane Milton. A SpaceX capsule carrying the crew parachuted before dawn into the Gulf of Mexico just off the Florida coast after undocking from the International Space Station mid-week. The three Americans and one Russian should have been back two months ago. But their homecoming was stalled by problems with Boeing's new Starliner astronaut capsule, which came back empty in September because of safety concerns. Then Hurricane Milton interfered, followed by another two weeks of high wind and rough seas. SpaceX launched the four NASA's Matthew Dominick, Michael Barratt and Jeanette Epps, and Russia's Alexander Grebenkin in March. Barratt, the only space veteran going into the mission, acknowledged the support teams back home that had to replan, retool and kind of redo everything right along with us ... and helped us to roll with all those ...