Boeing Jumps After Job, Output Cuts Reveal Plan for Virus Era [Yahoo! Finance News]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: Yahoo! Finance News
Boeing Jumps After Job, Output Cuts Reveal Plan for Virus EraBloomberg) --Boeing Co. soared after executives outlined a road map to survive the worst downturn in aviation history, and assured investors that the company has the means to make it through. If all goes to plan, the aerospace titan will be generating cash again by next year.The U.S. planemaker is shrinking its workforce by about 10%, or about 16,000 jobs, to conserve cash. Work will slow in its factories, with 787 Dreamliner output cut for a third time in successive quarters. Boeing expects to restart production of the grounded 737 Max this quarter at a gradual pace as key customers like Southwest Airlines Co. curb growth ambitions.The unprecedented collapse in air travel spurred by the Covid-19 outbreak is forcing Boeing into a fight for its life as passenger totals plunge 95% in the U.S. alone. Addressing investors’ worst fears, Chief Executive Officer Dave Calhoun and Greg Smith, his top lieutenant, emphasized that the c
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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