Boeing Is Building The 737 Max Again, Even Though It Is Not Yet Approved To FlyThe company temporarily stopped building the plane in January, before the COVID-19 pandemic hit most of the world's airlines.
Boeing Slashes 12,000 Jobs As COVID-19 Seizes Travel IndustryA Boeing spokesperson said the actions represent the largest number of job cuts, but several thousand additional jobs will be eliminated in the next few months.
Boeing Goes Another Month Without A Single Airliner OrderThe COVID-19 outbreak has caused global air traffic to plummet and compounded a crisis at Boeing Co. that began with two fatal crashes and the grounding of its best-selling plane, the 737 Max.
Boeing To Cut 16,000 Jobs After Posting $1.7 Billion Loss In First Quarter"The demand for commercial airline travel has fallen off a cliff," said Boeing CEO Dave Calhoun. "The pandemic is also delivering a body blow to our business."
Boeing CEO Sees Long Road To Recovery From Coronavirus OutbreakBoeing's CEO said Monday that it will take years for the aircraft-building business to return to levels seen before the coronavirus pandemic, which has slowed air travel to a trickle and led airlines to park 2,800 jets.
Boeing Could Serve As Model For Companies As They ReopenThousands of Boeing workers are back on the job in Washington state with new procedures to keep them safe from COVID-19.
Boeing Plans To Restart Its Washington State Factories Next WeekThe company said 27,000 workers are due to return in a phased-in process, with some starting as early as Monday. Most should be back at work by Friday, April 24. Boeing said it will take steps needed to protect their safety.
Boeing Offering Buyouts As It Projects Recovery Will Take YearsIn a memo to employees, Boeing CEO Dave Calhoun said the company is offering voluntary layoff packages that will provide exiting employees with pay and benefits.
Boeing Could Receive Billions From Stimulus PackageThe aerospace giant is among the companies that would qualify for the government-backed loans reserved "for businesses critical to maintaining national security," and the only one that has made it clear that it needs the assistance.
Boeing Shutting Down Seattle Factories Due To CoronavirusOperations would be reduced beginning Wednesday, the company said in a statement, and production would be suspended for a two weeks.
Nikki Haley Resigns From Boeing Board Over Airlines BailoutEarlier this week, Chicago-based Boeing said it was seeking $60 billion in “public and private liquidity” for the aerospace industry, which is struggling amid a COVID-19 outbreak that has halted major travel and shuttered many businesses.