Search Results - GulfToday

Suggestions

    SHOWING 67 Results

    Boeing reports big loss, hints at more job cuts

    29 Jul 2020

    The aerospace giant suffered a $2.4 billion second-quarter loss, reflecting the hit from much lower commercial plane deliveries as airlines suspend purchases due to falling consumer demand.

    British Airways to retire entire fleet of Boeing’s jumbo jets

    17 Jul 2020

    British Airways (BA), the world’s largest operator of Boeing 747s, will retire its entire jumbo jet fleet with immediate effect after the novel coronavirus pandemic sent air travel into freefall.

    Boeing to cut costs, raise cash as pandemic slams jet industry

    30 Apr 2020

    Boeing Co said it would cut its 160,000-person workforce by about 10%, further reduce 787 Dreamliner production and try to boost liquidity as it prepares for a years-long industry recovery from the coronavirus pandemic that drove its second consecutive quarterly loss.

    Boeing pulls out of $4.2 billion deal for Embraer’s commercial unit

    25 Apr 2020

    Boeing on Saturday said it had cancelled a $4.2 billion deal to buy the commercial jets division of Embraer, unraveling years of work on what the Brazilian planemaker expected to be a transformative move.

    Boeing to restart commercial airplane production next week

    18 Apr 2020

    Boeing Co said it would resume commercial airplane production next week in Washington state after suspending operations last month in response to the coronavirus pandemic,

    Boeing eyes major aircraft order under any US-China trade deal

    28 Aug 2019

    Boeing Co said that an aircraft order from China could result from any deal to end a year-long trade war between the world’s two largest economies. Speaking to Reuters at the planemaker’s widebody

    Airbus sells A321, expects end to Boeing crisis

    18 Apr 2019

    TOULOUSE: Airbus sales chief Christian Scherer said it is selling longer-range versions of its A321, while signalling a shift away from chasing market share at any cost and predicting Boeing will emerge quickly from the grounding of its rival 737 MAX.

    Safran’s revenue outpaces target

    27 Apr 2019

    French aero engine maker Safran outpaced revenue growth plans in the first quarter and stuck to its goals for the year despite the grounding of the Boeing 737 MAX, sending its shares higher on Friday. Safran said its CFM International joint venture with General Electric continues to deliver LEAP engines to Boeing

    Boeing seeking to reduce scope, duration of some physical tests

    16 Jun 2019

    Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify the planemaker’s new aircraft, according to industry sources and regulatory officials.

    Boost for Boeing as British Airways owner backs 737 MAX jet

    18 Jun 2019

    Boeing won a major vote of confidence at the Paris Airshow on Tuesday as British Airways owner IAG signed a letter of intent to buy 200 of its 737 MAX aircraft that have been grounded since March after two deadly crashes.

    67 Results

    Most Popular Stories