boeing

Boeing is seeking to increase black US employees throughout the company by 20 percent and mandate benchmarks for hiring people of color, Chief Executive Dave Calhoun told employees in a memo on Friday reviewed by Reuters. US corporations have become more responsive to complaints related to racial equality following a summer of sweeping anti-racism protests …

The Federal Aviation Administration said Monday it is proposing requiring four key Boeing 737 MAX design changes to address safety issues seen in two crashes that killed 346 people and led to the plane’s grounding in March 2019. The agency is issuing a proposed airworthiness directive to require updated flight control software, revised display-processing software …

The coronavirus crisis has forced British Airways’ jumbo jets into early retirement. The airline is grounding its fleet of Boeing 747s four years ahead of schedule because the pandemic has depressed demand for air travel. “It is sadly another difficult but necessary step as we prepare for a very different future,” British Airways Chairman and …

Boeing is scrambling to shore up financing for the 737 Max as it awaits regulatory approval for design changes after the plane was grounded following two fatal crashes, industry sources said. The company is anxious to resume deliveries once regulators declare it safe and airlines agree on training. But confidence in the jet has been …

Two key US senators are circulating a bipartisan draft bill that would reform how the Federal Aviation Administration certifies new aircraft in the wake of two fatal Boeing 737 Max crashes that killed 346 people. The measure seeks to eliminate the ability of aircraft makers like Boeing to unduly influence the certification process and marks …

Boeing deliveries worsened even further in May compared with April as the coronavirus pandemic’s crushing impact on airlines added to a year of crisis following the grounding of its 737 Max planes, company data showed on Tuesday. The US planemaker said it handed over just four planes in May, down from six it delivered in …

US stock indexes jumped on Friday, with the Nasdaq less than 1 percent away from a record high, after a closely watched report showed surprise job additions in May, lending weight to hopes of a faster economic rebound from a coronavirus-led slump. Data from the Labor Department showed nonfarm payrolls rose by 2.509 million jobs …

Boeing Co (BA.N) said Wednesday it was eliminating more than 12,000 U.S. jobs, including involuntary layoffs of 6,770 U.S. workers as the largest American planemaker restructures in the face of the coronavirus pandemic. Boeing also disclosed it plans “several thousand remaining layoffs” in the next few months but did not say where those would take …

China is preparing to place U.S. companies including Apple and Boeing on an “unreliable entities list” in response to newly announced sanctions on tech giant Huawei. “China will take forceful countermeasures to protect its own legitimate rights,” a source told China’s government-owned Global Times. The country could cease purchasing planes made by Boeing, and impose restrictions …

Delta Air Lines, with more than 14,000 pilots on its roster, expects to have 7,000 more than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters. The memo follows Delta’s announcement earlier on Thursday that it would no longer fly …