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Tag: Boeing

Hacker group Lockbit leaks Boeing data
Aviation

UK regulator approves Boeing’s acquisition of Spirit AeroSystems

Britain’s competition watchdog has approved Boeing’s planned acquisition of Spirit AeroSystems, ruling out an in-depth probe into potential anti-competitive effects. The decision is expected to reassure investors following a string of crises that have weakened Boeing’s finances, hurt staff morale, and eroded public confidence. Boeing did not immediately respond to a request for comment, according […]

Hacker group Lockbit leaks Boeing data
Aviation

Boeing faces first strike in nearly 30 years as union rejects contract

Boeing Co. is facing its first strike in nearly 30 years at its defense facilities near St. Louis, United States, after union members rejected a revised contract offer. Approximately 3,200 machinists are expected to begin striking at midnight, following a vote against a proposal that included a 20% wage increase and higher retirement contributions. The […]

Aviation

UK antitrust watchdog probes Boeing’s proposed Spirit AeroSystems acquisition

United Kingdom antitrust authorities have initiated an investigation into Boeing’s proposed acquisition of Spirit AeroSystems, a fuselage manufacturer. The Competition and Markets Authority began an initial review last week to evaluate potential impacts on U.K. competition. The probe has now advanced to the first phase of a formal investigation, with a decision expected by August […]

Aviation

Air India Boeing 787 crashes after takeoff, dozens killed

An Air India Boeing 787 Dreamliner crashed shortly after takeoff from Ahmedabad on Thursday, killing dozens and injuring many in a residential area near the airport. The aircraft, bound for London’s Gatwick Airport with 242 passengers and crew onboard, struck a medical college hostel, causing significant damage, according to Reuters. The 787 Dreamliner, a flagship […]

Boeing probes cyber attack
Uncategorized

Boeing plane returns to China as Trumps tariffs relax

Boeing has restarted deliveries of its 737 MAX aircraft to Chinese customers, with a new plane landing in China on Monday, signaling a thaw in U.S.-China trade tensions. Flight tracking data from Flightradar24 showed the Xiamen Airlines-liveried jet touching down at Boeing’s Zhoushan completion center near Shanghai after a transpacific journey from Seattle, with refueling […]

Business

Boeing strikes record $96b deal with Qatar Airways

Boeing and GE Aerospace have reached a $96 billion agreement on Wednesday to supply Qatar Airways with up to 210 aircraft, including the 787 Dreamliner and 777X. The deal, announced during President Donald Trump’s state visit with the Emir of Qatar, marks Boeing’s largest-ever order for widebody aircraft and the 787 model, according to the […]

Aviation

Boeing to assist Nigeria in securing aircraft insurance

Boeing International Corporation has expressed its willingness to support Nigerian airlines by helping them acquire aircraft and secure sufficient insurance coverage. This initiative would be facilitated through collaborations with reliable lessors and global financiers. The announcement was made during a meeting between Boeing and Nigerian aviation stakeholders in Dublin, Ireland, on Monday. Recall Boeing in […]

News

Boeing shares fall 3% after South Korea orders 737-800 inspections

Boeing shares fell over 3% in premarket trading on Monday after South Korea ordered an emergency inspection of all 737-800 planes operated by domestic carriers. This follows a deadly crash involving a Jeju Air flight over the weekend. South Korea’s Transport Ministry has been directed to inspect the entire airline operation system, with a specific […]

Hacker group Lockbit leaks Boeing data
News

Airline conference: Boeing to prioritise Nigerian aviation stakeholders

Boeing has announced plans to facilitate connections between Nigerian airlines and international investors at the upcoming Airline Economics Conference in Dublin, scheduled for January 12 to 15, 2025. This was disclosed in a letter to Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, dated October 24, 2024, where the director of Boeing’s commercial sales, […]

Boeing probes cyber attack
News

Boeing workers reject new 35% labour contract, continue strike

Boeing machinists have voted against a proposed labour deal that included a 35% wage increase over four years, their union announced Wednesday. This rejection, with 64% of voters opposing the contract, prolongs a strike that has disrupted most of the company’s aircraft production in the Seattle area for over five weeks, according to CNBC. The […]

News

Boeing makes new offer to union to end prolonged strike

Boeing and the union representing striking machinists have reached a new contract proposal aimed at ending a prolonged walkout that has severely impacted airplane production. The International Association of Machinists and Aerospace Workers announced plans for a ratification vote on Wednesday, according to AP News. The latest offer includes a 35% pay increase over four […]

Hacker group Lockbit leaks Boeing data
News

Boeing defense chief to step down from role

The head of Boeing’s defense unit, Ted Colbert is leaving the company effective immediately, according to CEO Kelly Ortberg. Ortberg made this disclosure in a staff memo on Friday, according to CNBC. This marks Ortberg’s first significant executive change since he assumed the role in early August, according to CNBC “At this critical juncture, our […]

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