Boeing on Thursday announced a voluntary layoff plan to help cut costs as the coronavirus complicates the company's recovery from its 737 Max crisis. In a letter to employees, CEO Dave Calhoun said recent
New York (CNN Business) — Boeing is offering employees buyouts as its CEO said it will take years for the airlines and aerospace industry to recover from the coronavirus crisis. In a memo to employees,
In a new report, European credit agency Scope Ratings GmbH predicts that the survival of Europe’s airlines through the coronavirus pandemic will be driven by their fleet ownership and their ability to
Airlines May Need 25% Fewer Planes From Airbus, Boeing Over Next Five Years. That’s An Optimistic Forecast.
Airlines around the world are going dormant. Over a third of the global fleet of 8,500 passenger planes have been parked, and scheduled flights this week will offer fewer than half as many total seats
FILE PHOTO: An aerial photo shows Gol Airlines, Southwest Airlines and Alaska Airlines Boeing 737 MAX aircraft at Boeing facilities at the Grant County International Airport in Moses Lake, Washington,