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The Latest Breaking News from Boeing

Boeing Supplier To Furlough 700 Workers Amid Ongoing Strike

Spirit AeroSystems furloughs 700 workers due to Boeing strike. FAA conducts safety review amidst ongoing strike.

Top News

Boeing Eyes $15 Billion Financing To Cushion Ongoing Crises

While the proposed $15 billion in financing may not fully address the company's current challenges, Boeing is also reportedly exploring a structured finance transaction that could generate around $5 billion, possibly through securitizing a portion of a subsidiary's revenues.

International Business Times

Hundreds of Ryanair flights could be axed next summer due to Boeing delays, says Michael O’Leary

The budget carrier was due to receive 30 Boeing 737 Max aircraft before June 2025

The Independent UK

When will Boeing’s Starliner fly astronauts again? NASA still doesn’t know

NASA is still unsure when it will next put astronauts on Boeing's Starliner spacecraft, which experienced issues during its first crewed test flight this summer.

Space

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Europe's Airbus to lay off 2,500 as it tries to turn around its space and defense division

European aircraft maker and Boeing rival Airbus said it's laying off 2,500 workers as it tries to turnaround its struggling defense and space division

The Independent UK

Airbus Cutting Up To 2,500 Jobs In Defense And Space Division

The company says it is adapting to a 'challenging business environment.'

International Business Times

Ryanair boss and IATA’s Willie Walsh sound alarm over Boeing delays

Airline says it will have to cut passenger forecasts due to lack of planes, with Airbus also hit by production issues

The Guardian - UK

Should the Boeing Plea Deal on the 737 MAX Crashes Be Approved?

I have argued to Judge Reed O'Connor that he should reject the proposed "binding" plea deal because it obscures the relevant facts and fails to hold Boeing accountable for killing 346 people. A decision is expected soon.

Reason

Autonomous flying taxis prepare for launch in Australia

Would you ride in a plane with no pilot? One aerospace company is betting on it, signing a deal with Australian air safety regulator to establish rules.

AAP

Troubled Boeing signals it may raise up to $25 billion to shore up finances

Boeing is moving toward raising up to $25 billion to shore up its troubled financial position

The Independent UK

Which Are the 3 Worst-Performing Dow Jones Stocks in 2024?

The Dow Jones Industrial Average has gained ground in 2024, despite the steep losses racked up by laggards like Intel, Nike, and Boeing.

Barchart

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Kiplinger

Stock Market Today: UnitedHealth Selloff Drags on Dow

While the main indexes ended in the red, Walgreens Boots Alliance had its best day since 2008.

Fortune

Boeing delivered just one 737 plane this month—yes, a single plane—as manufacturing remains at a standstill

The ongoing strike of Boeing workers has halted production of the manufacturer’s most popular and dependable jet.

Kiplinger

Boeing Looks to Raise Up to $25 Billion as Cash Woes Swirl

Boeing stock is higher Tuesday after the aerospace giant filed to raise as much as $25 billion and entered a credit agreement worth $10 billion.

Fortune

Boeing lines up $35 billion in liquidity amid strike, layoffs

The company could issue $25 billion in shares or debt and also revealed a new $10 billion credit agreement with major lenders.

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The Independent UK

Could planes be brought back from the desert to fill the global shortage of aircraft?

Plane Talk: Aircraft resurrection is trickier than you might think – and airlines would like

International Business Times

Boeing To Raise Up To $25 Bn As Strike Weighs On Finances

US aircraft manufacturer Boeing unveiled measures meant to replenish its cash flow Tuesday, including an intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike.

The Guardian - UK

Boeing seeks to raise up to $25bn through stock and debt offering

Planemaker also enters into $10bn credit agreement in ‘challenging environment’ amid strikes and safety concerns

International Business Times

Boeing Seeks To Raise Up To $25B Amid Strike

US aircraft manufacturer Boeing on Tuesday unveiled measures meant to replenish its cash flow, including its intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike.

International Business Times

US Labor Secretary Intervenes In Boeing Strike

Boeing announced it will reduce 17,000 jobs and to issue 60-day layoff notices next month to thousands of employees in its commercial aviation division. The company plans to implement the layoffs in mid-January.

Top News

Asian Shares Advance As Wall Street Hits New Records

Asian shares rise, Chinese markets face losses. Wall Street hits record highs. Dollar weakens, focus on corporate earnings. Oil prices drop, optimism aroun...

The Independent UK

Stock market today: Asian shares are mostly higher after Wall St powers to more records

Asian shares have advanced after Wall Street rolled to more records

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