The Delhi-based low-cost airline IndiGo reported a net loss of Rs 9.9 billion for the quarter ending September 2024, primarily driven by higher fuel costs and a peak number of groundings, which have now started reducing. IndiGo had previously reported…
The key news and analyses over the weekend speculate on how long the strike will continue and the difficulties of Boeing’s current situation. The tenor of articles is changing, given the difficult position the IAM has placed Boeing in, with…
Today’s news is focused on the implications of the IAM rejection of the latest Boeing offer, extending the strike that is now in its sixth week. The strike is impacting the supply chain and industry-wide disruptions in the industry. Continuing…
Today’s key news is the rejection of the latest offer between Boeing and the IAM, meaning the strike continues. The vote this time was much closer, with 64% rejecting the deal, versus 95% on the earlier contract. The two key…
The results of the union vote are in, and the rank and file have rejected Boeing’s latest offer by a 64% negative vote. This rejection means that the strike will continue and likely result in continued federal mediation between Boeing…
Boeing CEO Kelly Ortberg outlined his strategy in advance of the company’s third-quarter earnings call, and most analysts felt that he did not underestimate the tasks ahead and recognized the turnaround will require a long-term strategy and cultural change. This…