Boeing intends to reduce its overall workforce by 10 percent or some 16.000 employees as it is confronted by the new market reality after the Covid-19 crisis, CEO David Calhoun has written in a letter to employees. The Commercial Airplanes…
Commercial Boeing eyes major bond issue to raise funds – Reuters Airbus Q1: lower results, response to the crisis still assessed – AirInsight How did a small U.S. airport get an $18 million federal bailout? – CentralMaine Airbus not expecting…
Airbus is still assessing the implications of the Covid-crisis on its outlook and hasn’t announced new measures yet to cope with the “gravest crisis the aerospace industry has ever known”, CEO Guillaume Faury said on April 29 at the presentation…
Commercial Boeing will reopen its South Carolina Dreamliner plant early next week – FlightPost&Courier Comac makes first post-pandemic jet delivery – FlightGlobal Embraer should now look to China – Reuters Boeing says it will need to borrow more money –…
News: Over the weekend, Boeing terminated its agreement with Embraer to acquire the E2 series of commercial jets. Embraer has protested this termination, but this transaction appears now to be like Humpty Dumpty and is unlikely to be put together…
Once a happy couple fully in love, looking to a bright future together. Now a couple at war after the groom walked away, leaving an angry bride contemplating an uncertain future. That’s how the relationship with Boeing and Embraer has…