Boeing to cut workforce by 10% and reduce 787 production due to pandemic [Reuters]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.boeing.com/investors/overview/default.aspx
Company Research
Source: Reuters
Boeing cuts 787 production after second straight quarter of losses (Reuters) - Boeing Co ( BA.N ) reported a loss for the second straight quarter and said on Wednesday it would cut its workforce by about 10% as the planemaker further reduces 787 Dreamliner production against a slump in global travel demand. The planemaker said it was confident of getting sufficient liquidity to fund its operations, sending its shares up 5.4% in premarket trading. Boeing, which last month drew down its entire $13.8 billion credit line, is working with investment banks on a potential bond deal worth at least $10 billion, Reuters reported on Tuesday. Demand for Boeing’s bigger and more profitable 787 jet had waned as a result of the U.S.-China trade war. The pandemic has made it more difficult for the company to sustain production of the aircraft, which is its main source of cash at a time when the 737 MAX remains grounded. Boeing said it plans to cut the jet’s production to seven units per month by 20
Show less
Read more
Impact Snapshot
Event Time:
BA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BA alerts
High impacting Boeing Company (The) news events
Weekly update
A roundup of the hottest topics
BA
News
- A fighting chance: How Canada can beef up its defences and grow its economy at the same time [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Boeing Rival Airbus, Zara Owner Inditex: Stocks Overseas in Spotlight [Yahoo! Finance]Yahoo! Finance
- 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