Thursday, September 19, 2024
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Aerospace and defense industry

Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024. M. Scott Brauer...

Boeing warns strike will ‘jeopardize’ recovery, hurt aircraft production

Union members hold picket signs during a news conference following a vote count on the union contract at the IAM District 751 Main Union...

Boeing workers overwhelmingly reject contract, prepare to strike

More than 30,000 Boeing workers were set to strike Friday, halting production of most of the company's aircraft after staff overwhelmingly rejected a new...

Rolls-Royce shares soar to all-time high on reinstated dividend, raised profit guidance

A Rolls-Royce Trent 700 engine for the Airbus A330 stands in a workshop of N3 Engine Overhaul Services GmbH. The company is a joint...

Boeing reports wider-than-expected loss, weaker revenue

Boeing on Wednesday reported a bigger quarterly loss and weaker revenue than analysts expected as both its commercial airplane and defense programs continued to...

Southwest to get rid of open seating, offer extra legroom in biggest shift in its history

A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024.Mike Blake | ReutersSouthwest Airlines is ending open seating and will offer...

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