The news about Boeing continues to center about layoffs. Adding to yesterday’s reports, stories today center on 60 plus workers in Colorado, 101 in Pennsylvania, and nearly 700 workers in the St. Louis area. These additional cuts, along with 2,199…
The key story revolving around Boeing is the progress of the 10% global staff cuts. So fare, there have been 2,199 layoffs in Washington, 50 in Oregon, and 220 in South Carolina as the cuts that are projected to total…
Beleaguered Spirit AeroSystems, which is in financial difficulty prior to the completion of its acquisition by Boeing and spin-off of a portion to Airbus, is selling its Fiber Materials unit. The transaction with Tex-Tech Industries is an all cash deal…
It is a relatively quiet day for Boeing headlines, as airlines continue to react to delayed deliveries and Boeing begins its cost-cutting process. Southwest airlines has reduced its expected MAX deliveries in 2025 from 86 to 73 aircraft. With…
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Embraer had an investor day in New York this morning with key executives briefing the investment community. The session began with an overview from Embraer CEO Francisco Gomes Neto,. His briefing can be viewed below: The company’s main pillars…