Kuwaiti Firm Sues Boeing Over Terminated Order; Company To Relieve 10% Civil Aviation Workers [Yahoo! Finance News]
Boeing Company (The) (BA)
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Source: Yahoo! Finance News
ALAFCO Aviation Lease and , Kuwaiti-based leading firm, suedBoeing Co.BAWhat HappenedThe Kuwaiti firm has filed a complaint in Chicago federal court stating that Boeing is in denial of returning an advance payment that the former had made for 40 Boeing 737 Max Jetliners order,CNBC reported.The aircraft manufacturer has not provided any details.Other Canceled Airline OrdersAvolon, an aircraft leasing company, has also terminated its 737 Max aircraft order of 75 planes while China Development Bank applied for withdrawing its 29 aircraft order,according to a CNA report.Boeing To Slash Workforce, Seeks Executive Personnel ChangesBoeing Wednesday is seeking to shrink its civil aviation unit by 10%, according to an report. This affects 7,000 workers at the 737 Max manufacturing unit. Boeing has also offered voluntary layoffs programs.The lay-off comes prior to the company getting full federal support from the U.S. Treasury.In a separate development, Boeing is turning to bring Mark Jenks, h
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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