Search results
Results from the WOW.Com Content Network
Boeing abandoned the structure in 2014 as part of a deal with union machinists to build its 777X jetliner in Washington, with an aim to curb "the unsustainable growth of our long-term pension ...
In the rejected contract, Boeing sought to replace those payouts with new contributions to retirement accounts. Boeing said average annual pay for machinists would rise from $75,608 now to ...
Boeing Co on Wednesday posted better-than-expected quarterly profit and revenue but shares dropped as much as 3.6 percent after it reported $426 million in higher costs on its long-delayed KC-46 ...
In December 2011, the non-partisan organization Public Campaign criticized Boeing for spending US$ 52.29 million on lobbying and not paying taxes from 2008 to 2010, instead getting US$ 178 million in tax rebates, despite making a profit of US$ 9.7 billion, laying off 14,862 workers since 2008, and increasing executive pay by 31% to US$ 41.9 ...
Boeing reported on Tuesday an annual loss of $11.83 billion, its largest since 2020, as it grappled with problems at its commercial and defense units and the fallout from a crippling strike by U.S ...
Boeing lost 45 orders for the MAX, following cancellations and conversions, through the first 10 months of 2019. [53] On January 14, 2020, Boeing reported a net loss of 87 aircraft orders in 2019, its worst performance in three decades; airline customers had canceled 183 orders for the MAX, while Boeing received only 96 orders for other aircraft.
In the early hours of April 24, the Boeing Co. posted staggering losses for Q1 of 2024. The troubled manufacturer suffered a deficit of $3.8 billion in free cash flow, meaning that it bled 22 ...
CDI Corporation was founded in Philadelphia in 1950 as Comprehensive Designers, Inc. [2] The company provided temporary technical services to manufacturing industries, including servicing the growing automotive and defense industries. In 1956, Walter R. Garrison, an aerospace engineer with Boeing, joined the company as its Chief Engineer. In ...