Boeing to Cut 787 Dreamliner Output, Announce Job Cuts When It Reports Earnings [TheStreet.com]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: TheStreet.com
Embattled airplane maker Boeing(BAGet ReportCiting people familiar with its plans, Bloomberg reported that the Chicago-based airplane maker will detail production changes to its commercial lineup, including scaling back Dreamliner production, and also announce staff layoffs and buyouts.The scale-back in production as well as the workforce cuts come as Boeing continues to face unprecedented pressure from the coronavirus pandemic’s impact on the global airline industry and drop-off in both personal and business air travel.Still reeling from the prolonged grounding of its 737 MAX following two fatal crashes, Boeing earlier this month announced voluntary buyout offers for its roughly 160,000 employees, which CEO David Calhoun said would help avoid “other workforce actions.”The U.S. plane manufacturer faces added strain from maintaining 400 or so newly built 737 MAX jets that are stuck in storage until regulators lift the grounding order.Calhoun hinted last month of a “new reality” with a
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News
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- A World Cup event and another gathering at the court of King Donald [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- U.S. approves potential $2.68 billion sale of air strike weapons to Canada [BNN Bloomberg (Canada)]BNN Bloomberg
- A US aircraft carrier's hard turn to avoid enemy fire surprised sailors and sent a jet with bad brakes into the sea [Business Insider]Business Insider
BA
Earnings
- 10/29/25 - Miss
BA
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- BA's page on the SEC website