April 29, 2020
Via: FortuneBoeing reported a loss of $641 million in the first quarter Wednesday. The aerospace manufacturer also announced it would cut 16,000 employees—10% of its staff. The firm’s 737-MAX woes had already forced production to slow, but the collapse of global […]
February 22, 2017
Via: FortuneEuropean aerospace group Airbus (EADSY, +2.31%) took a new 1.2 billion euro ($1.2 billion) charge for its troubled A400M military aircraft program and called for new talks with European buyer nations to limit further financial damage, despite posting higher than […]
September 28, 2023
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September 27, 2023
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