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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

Amid 737 Max woes, Boeing faces a key test of its spacecraft designed to fly NASA’s astronauts

Boeing's Starliner space capsule is scheduled to make its first flight Friday from Cape Canaveral, and while no astronauts will be on board, it’s a must-succeed test for Boeing, besieged by questions over its 737 Max aircraft......»»

Category: topSource: washpostDec 18th, 2019

TUI says exceptional holiday bookings helps to offset 737 MAX woes

European travel company TUI said an exceptional number of holiday bookings would help offset the impact of the Boeing 737 MAX grounding on its annual profit, enabling it to lift the bottom end of annual earnings guidance......»»

Category: topSource: reutersFeb 11th, 2020

TUI says 737 MAX grounding continues to drag on profit

European holiday company TUI said it was expecting the grounding of the Boeing 737 MAX aircraft to cost it an additional 220 million euros to 245 million euros over its 2020 financial year, as the U.S. planemaker's woes continue to drag on profit......»»

Category: topSource: reutersFeb 11th, 2020

Ryanair posts third quarter profit but warns 737 MAX woes could delay growth target

Ryanair cheered investors with a return to profit in the third quarter but warned its target of flying 200 million passengers per year may be delayed two years due to the grounding of Boeing's 737 MAX jet......»»

Category: topSource: reutersFeb 3rd, 2020

Boeing weighs raising more debt

Boeing is reportedly considering plans to raise more debt to bolster its finances amid rising costs after the grounding of its 737 MAX jet. Fred Katayama reports......»»

Category: videoSource: reutersJan 6th, 2020

Boeing Commercial Airplanes CEO eyes big task ahead

Deal faces the Max crisis, in addition to Boeing's 777X delays, a Dreamliner production cut and the uncertain future of the 747......»»

Category: topSource: bizjournalsJan 6th, 2020

Southwest will cancel thousands of flights amid uncertainty about how long 737 Max will be grounded

The Dallas-based carrier says the grounding of the Boeing 737 Max fleet— which now extends through mid-April — has already cost it least $435 million......»»

Category: topSource: washpostDec 17th, 2019

Southwest flight cancellations nearly double as 737 MAX crisis deepens

Southwest Airlines Co said on Tuesday it was cancelling nearly double the number of flights through April than it has done since the Boeing 737 MAX grounding last March amid uncertainty over when the aircraft will fly again......»»

Category: topSource: reutersDec 17th, 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