#AEROSYSTEMS News, Headlines and Posts

Boeing Stock Falls As CFO Forecasts Negative Cash Flow, Delivery Delays Amid Regulatory Scrutiny - Boeing

benzinga.com Boeing Company BA shares are down more than 6% on Thursday following CFO Brian West’s announcement that the company will burn cash in 2024 rather than generate it. What’s…

Boeing sees free cash burn in 2024 as deliveries remain sluggish

theglobeandmail.com Boeing BA-N will burn rather than generate cash in 2024 and deliveries will not increase in the second quarter, the company’s finance chief said Thursday, as the U.S.…

Boeing now sees negative free cash flow in 2024 as deliveries remain sluggish

finance.yahoo.com Boeing will burn rather than generate cash in 2024 and deliveries will not increase in the second quarter, the company's finance chief said Thursday, as the U.S. planemaker…

FAA reveals flaw in another major Boeing plane that could result in fuel tank exploding

nypost.com Yet another fleet of Boeing airplanes was found to have a potentially disastrous flaw — one that could set the entire aircraft ablaze. The aircraft manufacturer discovered…

Hm! Boeing union just ran whistleblower rights training

theregister.com A union representing Boeing employees held a training session last week on whistleblower protection rights, suggesting the troubled jetmaker's problems may be far from over.…

Key Boeing supplier Spirit AeroSystems is laying off 450 after production of troubled 737s

komonews.com A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers because production has slowed down ever since a panel flew…

Ticker: Boeing whistleblower John Barnett died by suicide, coroner rules

bostonherald.com Boeing whistleblower John “Mitch” Barnett took his own life on March 9, South Carolina authorities reiterated in two reports released Friday. All findings suggest he died…

Boeing supplier's workers face the consequences of 737 Max hiccups

thestreet.com supplier Spirit AeroSystems (SPR) is reportedly making some cuts, and its staff will face the brunt of them. The company is laying off roughly 450 of its workers amid…

How Spirit AeroSystems fits into Boeing's rebound plan

cnbc.com Boeing has spent years trying to get back on track after two fatal 737 Max 8 crashes in 2018 and 2019, but the company has continued to face problems with production flaws…

Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution

finance.yahoo.com Boeing shareholders on Friday approved CEO David Calhoun's $32.8 million compensation and heard leaders explain what the troubled aircraft maker is doing to improve the…

Boeing shareholders vote to re-elect departing CEO to company’s board

theguardian.com Boeing’s departing CEO, Dave Calhoun, was re-elected to stay on the troubled company’s board on Friday, even as the planemaker’s chair said he was gathering feedback from…

Boeing shareholders approve CEO compensation as company faces investigations, potential prosecution

aol.com Boeing shareholders on Friday approved CEO David Calhoun's $32.8 million compensation and heard leaders explain what the troubled aircraft maker is doing to improve the…

Spirit AeroSystems To Lay Off Hundreds As Boeing Struggles with Production

aol.com May 17, 2024 at 11:40 AM Spirit AeroSystems Holdings Inc (NYSE:SPR), a primary supplier of jet fuselages, is reducing its workforce by 400 to 450 employees at its Wichita,…

Boeing shareholders vote to keep departing CEO Dave Calhoun on plane maker’s board

theglobeandmail.com Boeing’s departing CEO Dave Calhoun was re-elected to stay on the troubled company’s board on Friday, even as the plane maker’s chairman said he was gathering feedback from…

Spirit AeroSystems Layoffs 2024: What to Know About the Latest SPR Job Cuts

investorplace.com Spirit AeroSystems layoffs are coming to its Wichita facility Spirit AeroSystems (NYSE:SPR) layoffs are a hot topic on Friday after the Boeing (NYSE:BA) supplier announced…

A union for Boeing workers is set to give them training on whistleblower laws, saying staff are being punished for speaking out

aol.com None Boeing could be set to face more whistleblowers. • None A union for engineers at the firm is offering free training on federal whistleblower laws. • None It said union…

Today's Logistics Report: Targeting Chinese Textiles; Cutting Indirect Emissions; Shattered Glass

createsend.com U.S. industrial production was flat in April as manufacturing output declined 0.3%. (MarketWatch) Japan’s economy contracted 0.5% in the first three months of the year, the…

Fallout from Alaska Airlines blowout continues as key Boeing supplier is laying off 450 workers because production has slowed

fortune.com A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers because production has slowed down ever since a panel flew…