Boeing to layoff 10% workforce to boost efficiency but risks losing top talent: Report
Boeing Co. will begin issuing layoff notices on Wednesday to employees impacted by its latest round of job cuts, a move that reflects the company's effort to boost efficiency while striving to retain a skilled workforce critical for future growth, Bloomberg reported.
Boeing US West Coast factory workers accept new contract, ending seven-week strike: Report
Mukilteo (US) : Boeing's factory workers on the U.S. West Coast agreed to a new contract on Monday, concluding a seven-week strike that had stalled jet production and worsened the financial situation for the struggling planemaker, Reuters reported.
Boeing strike continues as 64% of workers reject 35% wage hike offer
Virginia/IBNS: Boeing factory workers voted on Wednesday (Oct. 23) to reject a new contract offer, extending their strike, which has now lasted over five weeks.
SpiceJet aims for fleet of 100 by the end of 2026: CMD Ajay Singh
New Delhi/IBNS: A day after SpiceJet raised Rs 3,000 crore (about $360 million) through selling new shares, the airline's chairman and managing director (CMD) Ajay Singh said that the low-cost carrier aims to have 100 aircraft by the end of 2026, The Economic Times (ET) reported on Monday (Sept. 23).
Boeing offers employees a 25% pay hike in an effort to avoid strike
Virginia/IBNS: American aerospace company Boeing is offering a 25 percent pay hike for its employees over the next four years in an effort to prevent a strike that could potentially disrupt its assembly lines as early as Friday.
Boeing agrees to acquire Spirit AeroSystems in $4.7bn deal
Arlington/IBNS: American aerospace manufacturer Boeing on Monday (July 1) announced it has entered into a definitive agreement to acquire Kansas-based aerostructure manufacturer Spirit AeroSystems, according to a statement issued by Boeing.
Boeing's Starliner launches its 1st astronaut-crewed space flight on third try
Washington/IBNS: Boeing on Wednesday successfully lifted off its new Starliner astronaut capsule from Florida in a much-delayed first test flight carrying a crew, a milestone in the aerospace giant’s ambitions to step up its competition with Elon Musk’s SpaceX.
Tata Advanced Systems partners with Boeing to manufacture advanced composite assemblies
Hyderabad/UNI: Tata Advanced Systems Ltd. (TASL), a wholly owned subsidiary of Tata Sons, on Friday announced it has signed a contract with Boeing Commercial Aeroplanes (BCA) to manufacture and supply advanced composite assemblies for the Boeing 737 MAX, 777X, and 787 Dreamliner.
Boeing shares dip by 9% after 737 Max door blowout incident mid-air
Following the U.S. aviation regulator's temporary grounding of some of its best-selling 737 MAX jets, Boeing shares plunged 8.6% in early U.S. trade on Monday, wiping off about $13 billion in market value, according to Reuters.
Air India's mega-deal can go up to 840 planes with option to buy 370 more aircraft: Report
New Delhi: Tata Group-owned Air India has placed an order for 840 planes with Airbus and Boeing, including the option to acquire 370 aircraft, media reports said.
Motherson wins its first order from Boeing
Noida: Motherson announced that it has won an order from Boeing to manufacture and supply aftermarket molded polymer parts for commercial airplane interiors. This is the first order for Motherson from Boeing.
Jet Airways receives first 737 MAX airplane from Boeing
Mumbai, June 21 (IBNS): Jet Airways, India’s premier international airline received its first 737 MAX airplane from Boeing on Thursday.
Boeing, TATA Joint Venture establishes aerospace facility in Hyderabad
Kolkata, June 18 (IBNS) Boeing and Tata Advanced Systems on Saturday celebrated the foundation laying of a new facility in Hyderabad for its joint venture named TATA Boeing Aerospace Limited (TBAL).