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Boeing reported a fourth quarter result that topped expectations, but the plane maker suspended its guidance as it continues to deal with the fallout from an accident involving an Alaska Airlines ...
After stockpiling hundreds of grounded 737 MAX jets, Boeing announced that it will suspend production of the planes in January. But the company added that it won't lay off or furlough the ...
Boeing has faced mechanical problems, safety problems, grounded planes, stranded astronauts, executive departures, a strike, and layoffs in 2024. Boeing's terrible, horrible, no good, very bad ...
737 MAX aircraft parked at Grant County International Airport in October 2019. Following its intention to suspend production in December 2019, Boeing estimated an additional cost of $6.3 billion to deliver the 737 MAX program [4] and a subsequent reduction in the program's anticipated profit margin.
The vote also coincides with Boeing's third-quarter results, in which (Reuters) -Boeing's shares rose 3% on Monday on hopes of an end to a crippling strike, although some analysts expressed doubts ...
Continue reading ->The post What Suspended Dividends Mean for Investors appeared first on SmartAsset Blog. Despite a recent bounce-back, stock prices have fallen sharply since the coronavirus ...
The Boeing 737 MAX 9 involved in Alaska Airlines Flight 1282.. On January 5, 2024, Alaska Airlines Flight 1282 experienced uncontrolled decompression after door plugs securing the emergency exit door panel ejected on the Boeing 737 MAX 9 aircraft used on the flight; the configuration on the 737 MAX 9 included fewer seats than Boeing designs for, necessitating a door plug to obstruct an ...
Prior to the pandemic, Boeing's business had been impacted by groundings of its 737 MAX aircraft. [65] By 7 April, Boeing had indefinitely suspended production at Boeing South Carolina and Puget Sound, Washington, completely halting the assembly of its commercial aircraft. [66] On 21 April, Boeing announced a management structure overhaul. [67]