Boeing news today focuses on the company’s registration to raise up to $25 billion in additional equity and a credit agreement with a consortium of banks for an additional $10 billion of debt. With the additional equity, Boeing may be…
CSA’s last flight will be 26 October, after more than 100 years in operation as the world’s 5th oldest airline. We were able to collect one of the sets of airplane prints from an earlier anniversary at CSA. While they…
Today’s key news about Boeing centers about the potential for bankruptcy protection for the company after additional delays and staff cuts. Many of Boeing’s customers, including Tim Clark at Emirates, the largest customer for the 777X, which alone accounts for…
CSA’s last flight will be on 26 October, after more than 100 years in operation as the world’s fifth-oldest airline. We were able to collect one of the sets of airplane prints from an earlier anniversary at CSA. While they…
The key news related to Boeing center about communications from Kelly Ortberg to employees and the pre-release of key 3rd quarter financial results, which were abysmal. Ortberg told employees that there will be a 10% reduction in non-union staffing, about…
New CEO Kelly Ortberg now seems to have resorted to the old Boeing playbook and strategies, just at the time it needs a fresh start and cultural change. Boeing pre-announced its earnings and strategic changes in a preview of the…