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 division will see reductions...
Boeing ended 2019 with a net loss of $636 million, down from a $10.460 billion profit the previous year, reflecting the annus horribilis that followed the MAX-issues. Commercial Airplanes suffered most, recording a net los for the full year of $6.657 billion compared...
After all 2019 has been for Boeing, the year’s orders and deliveries were expected to be at a historic low level. Still, the results presented on January 14 were even more somber. Boeing delivered 380 airliners while net orders including accounting changes ended deep...
Russia is expecting the market for commercial aircraft to grow to 44.313 aircraft between 2019 and 2038, with the biggest share that of 166-200-seaters. United Aircraft Corporation (UAC) presented its latest outlook on the final trade day of the MAKS 2019-air show at...
As expected, Boeing announced an impressive net and operating loss for its first six months of 2019, with the worst results suffered in Q2 because of the MAX grounding and reduced production output HY1 net earnings show a $793 million loss, compared to $4.613 billion...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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