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Amid 737 Max grounding, 777X woes, Boeing faces union drive in California

A group of engineers and technical workers cited several reasons they want to launch a union, including Boeing moving work to Russia and Ukraine, resulting in lost jobs. Boeing is fighting the bid hard......»»

Category: topSource: bizjournalsOct 18th, 2019

Emirates close to buying 30 Boeing 787 amid fleet review: sources

Emirates and Boeing were poised on Wednesday to seal a compromise deal that would see the Dubai carrier order around 30 787 Dreamliners, paving the way for a reduced order for delayed 777X jets, people familiar with the matter said......»»

Category: topSource: reutersNov 20th, 2019

Sales of grounded Boeing 737 MAX pick up steam at Dubai Airshow

Boeing's 737 MAX took centre stage at the Dubai Airshow on Tuesday as the U.S. planemaker prepared to announce orders for dozens of aircraft as it seeks to restore confidence in the jet amid a worldwide grounding, people familiar with the matter said......»»

Category: topSource: moneycentralNov 19th, 2019

Sales of grounded Boeing 737 MAX pick up steam at Dubai Airshow

Boeing's 737 MAX took center stage at the Dubai Airshow on Tuesday as the U.S. planemaker prepared to announce orders for dozens of aircraft as it seeks to restore confidence in the jet amid a worldwide grounding, people familiar with the matter said......»»

Category: topSource: reutersNov 19th, 2019

Southwest profit jumps as demand, MAX woes boost fares

Southwest Airlines reported a 7.2% rise in third-quarter profit Thursday, driven by strong travel demand and higher fares after flight cancellations due to the grounding of its Boeing 737 MAX jets......»»

Category: topSource: moneycentralOct 24th, 2019

Exclusive: Delta pilots received record overtime while MAX crisis hit rivals - unions

Delta Air Lines pilots are receiving record overtime, straining the airline's labor costs, partly as it adds more flights to take advantage of a gap in demand left by the grounding of the Boeing 737 MAX at rival carriers, union officials told Reuters......»»

Category: topSource: reutersOct 9th, 2019

Potential Boeing 777X buyer puts jet orders on hold amid worsening finances

The money-losing airline had been eyeing 777X versus the rival Airbus A350 jet, but the airline's finances are in "critical condition.".....»»

Category: topSource: bizjournalsOct 4th, 2019

American Airlines pilots demand compensation over Boeing 737 MAX grounding

American Airlines Group's pilots want compensation for lost pay stemming from flights canceled as a result of the Boeing 737 MAX grounding, the head of the airline's pilot union said on Tuesday......»»

Category: topSource: reutersOct 1st, 2019

Hospital giant Sutter Health faces legal reckoning over medical pricing

A class-action lawsuit against Sutter is set to open this month in San Francisco Superior Court. The hospital giant stands accused of violating California's antitrust laws by leveraging its market power to drive out competition and overcharge patients. .....»»

Category: topSource: latimesSep 7th, 2019

Russia"s Rostec adds to Boeing 737 MAX woes

Pressure mounts on Boeing after it's reported it faces a new lawsuit by a subsidiary of Russia's Rostec over its 737 MAX jets, claiming hundreds of millions of dollars from the US planemaker. David Pollard has more......»»

Category: topSource: moneycentralAug 27th, 2019

Russia"s Rostec adds to Boeing 737 MAX woes

Pressure mounts on Boeing after it's reported it faces a new lawsuit by a subsidiary of Russia's Rostec over its 737 MAX jets, claiming hundreds of millions of dollars from the US planemaker. David Pollard has more......»»

Category: videoSource: reutersAug 27th, 2019

Why Warren Buffett Doesn’t Care About Airline Stock Turbulence

While the airlines have seen some pullbacks in the wake of trade war uncertainty and amid the grounding of the entire Boeing 737 Max fleet, Buffett and his portfolio managers are still amont the........»»

Category: blogSource: 247wallstAug 22nd, 2019

737 Max, 777X woes bring challenges for Boeing

Despite Boeing's summer of discontent, aerospace analysts said there were some little-noticed silver linings buried in all the bad news about the 737 Max and 777X......»»

Category: topSource: bizjournalsJul 26th, 2019

Boeing 737 MAX groundings plague U.S. airlines; Southwest exits Newark

American Airlines Group Inc and Southwest Airlines Co warned on Thursday of an increasing financial toll from the prolonged Boeing 737 MAX grounding this year even as strong bookings and higher fares helped drive quarterly revenue growth......»»

Category: topSource: reutersJul 25th, 2019

Boeing 737 MAX groundings plague U.S. airlines even as bookings grow

American Airlines Group Inc and Southwest Airlines Co warned on Thursday of an increasing financial toll from the prolonged Boeing 737 MAX grounding this year even as strong bookings and higher fares helped drive quarterly revenue growth......»»

Category: topSource: reutersJul 25th, 2019

Boeing sees "significant risk" to 777X delivery schedule

Boeing Co. said Wednesday that the grounding of the 737 Max planes acted as a $5.6 billion drag on revenue and cut earnings per share by $8.74. Adding that back to reported second-quarter res.....»»

Category: topSource: marketwatchJul 24th, 2019

United tops profit estimates as MAX woes prompt higher fares in robust travel market

United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats after the grounding of Boeing Co's 737 MAX reduced capacity......»»

Category: topSource: reutersJul 16th, 2019

Airbus exploits Boeing"s 737 Max woes

Airbus has annouced a 100 new orders and unveiled a new airliner at the Paris Air Show while Boeing is sidetracked dealing with the grounding of their 737 Max jets. CNN's Melissa Bell reports......»»

Category: topSource: moneycentralJun 19th, 2019

Boeing airliner deliveries falter amid 737 Max woes, falling 56% from last year

Deliveries of new Boeing jetliners have fallen far behind last year's pace following tw.....»»

Category: topSource: usatodayJun 11th, 2019

Boeing CFO says brand repair top of mind amid 737 Max grounding

A Boeing executive said Wednesday that repairing the brand of both the company and its 737 Max are part of the daily work in trying to return the troubled jet to service.  “We’re very clear-eyed on the brand,” Boeing chief financial officer Greg.....»»

Category: topSource: bizjournalsJun 6th, 2019

Boeing"s 777X faces engine snags, questions rise over delivery goal

Boeing Co's effort to build the world's largest twin-engined jet, the 777X, continues to be hampered by challenges with General Electric Co's new GE9X turbine engine, a top Boeing executive said on Wednesday......»»

Category: topSource: reutersJun 5th, 2019