Boeing

Reportedly Boeing Plans to Trim 4,000 Jobs by June with More to Come by the Year End

Reportedly Boeing Plans to Trim 4,000 Jobs by June with More to Come by the Year

Reportedly, Boeing is expected to trim about four thousand jobs by June. The report says, the job cuts at Boeing include executives and managers and will be a combination of voluntary buyouts and attrition.

The report says, about 1,600 employees will require to opt for the buyouts. The company will resort to layoffs in case enough employees do not volunteer for the buy outs.

Leanne Caret Named by Boeing Co as the Head of its Defense Unit

Leanne Caret Named by Boeing Co as the Head of its Defense Unit

On Wednesday, Boeing Co said Leanne Caret will become the head of its defense division replacing Chris Chadwick with effect from March 1. Additionally, she will also become president and chief executive officer of the company's Defense, Space & Security business effective from the same date. Caret will also become a Boeing executive vice president and a member of Boeing's executive council.

Boeing’s Southern California Assembly Plant Sees Off its Last C-17; Most of the Facility will be Shuttered this Year

Boeing’s Southern California Assembly Plant Sees Off its Last C-17; Most of the Facility will be Shuttered this YearSunday saw the last C-17 Globemaster III from Boei

Emirates orders 150 Boeing 777-X planes

Emirates orders 150 Boeing 777-X planesDubai, UAE-based Emirates Airlines on Wednesday confirmed that it had placed an order for 150 777-X planes with manufacturer Boeing Co.

The $56-billion order includes 115 777-9X planes and 35 777-8X planes. It includes purchase rights for an additional 50 planes, which could hike the value of the deal to $75 billion at list prices.

Boeing's New Dreamliner to Join Air New Zealand's fleet this Year

Boeing's New Dreamliner to Join Air New Zealand's fleet this YearThe second model of Boeing's Dreamliner is touching the ground of New Zealand for the first time.

Boeing plans to spend $10 billion on 777X jetliner

Boeing plans to spend $10 billion on777X jetliner A newspaper reported that, in an 11-page proposal recently issued by Boeing reveals that it plans to spend as much as $10 billion on a factory for its new 777X jetliner. It desires to establish the plant close to a large airport with good rail and road access, according to a newspaper report

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