Boeing begins global workforce reduction with 2.200 layoffs in Washington, part of plan that will affect 17.000 employees
Losses in all sectors of the aerospace giant, the new CEO Kelly Ortberg underlines the need for a "fundamental cultural change". Meanwhile Lufthansa focuses on AirBaltic while it must close with Ita Airways
Drastic reorganization for the aeronautics giant in financial crisis. "Difficult but necessary decisions" explains the CEO who in the meantime must deal with the strike of 33 thousand workers. New delays for the 777X model
The entire fleet of the brand new aircraft that was carrying out tests was grounded, before the delivery of the aircraft which was scheduled for 2025. Now we will need to review the agenda.
From August 8, Robert "Kelly" Ortberg takes over as CEO of Boeing, anticipating the retirement of David Calhoun. The appointment comes as the US giant faces a shock loss of 1,44 billion dollars and a 15% collapse in revenues, well…
The American manufacturer signs an agreement with the Department of Justice regarding the two plane crashes that occurred more than five years ago which cost the lives of 346 people. Boeing will pay a fine that allows it to avoid criminal prosecution
US Department of Justice offers fraud plea deal in connection with 737 Max crashes, as company acquires Spirit AeroSystems to improve quality and manufacturing. Meanwhile, the threat of a...
After a year of delay and several postponements, Boeing successfully launched the Starliner space shuttle with two NASA astronauts on board. The flight represents the first crewed test for Starliner and marks a new chapter for…
In addition to the CEO, the chairman of the board of directors Larry Kellner and Stan Deal, head of the Commercial Airplanes division currently under investigation, are resigning
According to CEO Michael O'Leary, delays in deliveries of new Boeing planes "will reduce the availability of seats on board". So Ryanair risks another quarter of decline in profits compared to last year
The stock loses 7-8% both in Frankfurt and on Wall Street, also dragging other companies in the sector. Airbus takes advantage of this.
The Gray Wolf is a multi-mission aircraft designed to protect ICBMs and carry US government personnel and security forces
Between tonight and tomorrow the Fed meeting which the markets are watching with great attention - Success of the first Eurobond and historic truce in the war in the skies between Airbus and Boeing - In July the ECB decision on…
The "historic" truce announced today ends 17 years of war over state aid granted to the two companies, but a definitive agreement will still take time - The EU commission: "We will overcome the long-standing differences"
The maxi order received by Boeing from Ryanair unleashes the sector stocks that are all on the rise on the Stock Exchange - Leonardo on the shields in Piazza Affari also driven by the 482 million contract signed by Thales Alenia…
Washington confirms tariffs against Europe, which so far has not complied with the WTO ruling on the Airbus case - The list of products affected by the tariffs is modified, but made in Italy food and wine are saved
Boeing cuts 12 jobs, with 6.770 layoffs, American Airlines plans to cut 30% of managerial and administrative staff - Trump's super fund does not save US companies
Iranian President Rohani admits: "It was our unforgivable mistake: those responsible will soon be tried" - Meanwhile Trump orders new sanctions against Tehran.
The board kicks the CEO out, from January 13th the president will be Dave Calhoun to lead the company - Stock soaring on Wall Street
According to Banca Generali Saxo analysts, after the tragic plane crash in Addib Ababa, Boeing's shares are still showing no signs of recovery.
By a whisker Westminster rejected the hypothesis of a no-deal exit from the EU and the British currency immediately recovered -Wall Street and oil at its peak - Boeing recovers but remains on the ground - At Piazza Affari the goals…
The EU's Air Transport Safety Agency has banned the flight of the model plane that crashed in Ethiopia on Sunday, killing 157 people - Boeing in two days lost 11% in the stock market
The United Kingdom bans the airspace to Boeing 737 Max after the crash of the Ethiopian Airlines aircraft - According to Bloomberg, the EU would also be ready to enact the blockade - Boeing announces the software update and collapses again in…
Thanks to the good performances of Unicredit, Fineco, Tenaris and Saipem, the Milan Stock Exchange is among the best in Europe but today's session is dominated by the big cracks of Banca Ifis which loses 11,6% due to the hunt…
The US President's anti-dumping policy which has hit washing machines and solar panels risks unleashing a furious reaction from China which has two powerful weapons in hand: that of supplies to Boeing which it could replace with Airbus and that…
But at stake is one of the most valuable pieces of Brazilian industry and it is therefore far from obvious that the Government will give the green light.
Indigo Partners, a US investment company specializing in the leasing of aircraft to low cost airlines, has purchased 430 A320 aircraft - Boeing is responding with a 27 billion dollar order.
FROM GIANNI DRAGONI'S "POTERI WEAK" BLOG of 9 November - Leonardo's crash on the Stock Exchange on Friday, mainly due to the crisis in the helicopter sector and the revision of the targets, prompts the group led by Alessandro Profumo to look…
A Boeing report estimates it, which shows that 2036 million new air transport workers will also be required by 2
Dollar still down and Wall Street at new records after the pronouncement of the Fed - Facebook and Boieng superstars - Ferrari races in Piazza Affari - Today it's raining quarterly reports: from FCA to Telecom Italia and from Enel to…
Sace undertakes to guarantee up to 1,25 billion dollars of credit lines for the sale of Boeing aircraft, against supply and sub-supply contracts assigned to Italian companies specialized in precision components for aeronautics.
The year was also record-breaking for orders: 1.550 gross orders (up 1% on 2013), 1.432 net orders (considering cancellations), against 1.355 last year.
The contract concerns the supply of 80 aircraft from Smbc Aviation Capital, an aircraft leasing giant controlled by Sumitomo Mitsui Financial Group.
US industrial orders jumped 10,5% in July, thanks to a large order for commercial aircraft - the number is slightly below expectations which were +11%.
The US aeronautical giant closed the second quarter of the year with a profit of 1,65 billion, +52% on an annual basis - Widely exceeding analysts' estimates - Revenues up 1% to 22,05 billion dollars.
The US airline closed the first quarter of 2014 recording an annual drop of 12% in net profit - Revenues grow, +8,3% to 20,47 billion dollars - Boeing has raised its estimates for the entire year.
The Italian company has reached an agreement with the US company for the restructuring of the existing contract relating to the 787 program - Alenia Aermacchi, a Finmeccanica subsidiary, produces some components of the Boeing 787 Dreamliner in its Italian plants.
AT&T and Boeing continue to grind profits, surprising analysts. Despite this, the two stocks are under pressure on Wall Street. The negative reactions of the markets seem to be caused by the unsatisfactory outlook attached to the financial statements.
The US company has declared that in 2013 it does not expect a "significant impact" from the problems of the 787 Dreamliner - In the fourth quarter, revenues rose 14% to 22,3 billion dollars - Earnings per share down to…
The continuous breakdowns that occurred to the 787 Dreamliners have triggered the temporary suspension of all flights of the Boeing giant by Europe - The European decision closely follows those, similar, of the USA, India and Japan.
The same decision by the Japanese, Chilean and Indian authorities - "Before new flights - reads the note released by the FAA - the operators of Boeing 787 aircraft registered in the United States will have to demonstrate that the batteries are safe".
The aircraft manufacturer pays for the failure of an All Nippon Airways 787 Dreamliner, which had to make an emergency landing - The customers, however, confirm the orders.
The aircraft manufacturer saw its revenue grow in the third quarter of the year by 13% to 20 billion dollars, from 17,73 a year ago.
The total price is $22,4 billion and includes 201 737MAX airplanes and 29 Next-Generation Boeing 737-900ER aircraft - The agreement also includes purchase rights for an additional 150 airplanes.
This is Boeing's global valuation - These purchases will total 4 trillion dollars - 60% will be used to upgrade the fleet, 40% to replace obsolete aircraft - According to forecasts by the US giant, 35% of…
The American giant has received a 13 billion euro order from Emirates Airlines for 50 777 airplanes, with an option from the Dubai company to order an additional 20 jets for another 6 billion euro.…