Showing 1 - 10 of 17
Boeing outmanoeuvres Airbus at first Farnborough since Covid
AFP, Published on 22/07/2022
» FARNBOROUGH: US planemaker Boeing triumphed this week as it scooped up more orders than its European rival Airbus at the first Farnborough Airshow since aviation was ravaged by Covid.
Heatwave-hit Farnborough airshow basks in bumper Boeing order
AFP, Published on 19/07/2022
» FARNBOROUGH: Britain's Farnborough airshow flew into view Monday under a sweltering heatwave, as US planemaker Boeing basked in the glow of the first gigantic order in global aviation's first get-together since Covid.
ExxonMobil, Apple, Boeing latest US giants to cut ties with Moscow
AFP, Published on 02/03/2022
» NEW YORK: Apple, ExxonMobil and Boeing announced Tuesday in rapid succession steps to withdraw or freeze business in Russia as more US corporate giants take action after the Ukraine invasion.
5G launches in US without huge impact on flights
AFP, Published on 20/01/2022
» NEW YORK: Telecom giants AT&T and Verizon began 5G service in the United States Wednesday without major disruptions to flights after the launch of the new wireless technology was scaled back.
Airlines gear up for travel surge as US reopens
AFP, Published on 07/11/2021
» NEW YORK: Airline reservations to the United States took off immediately after the White House announced the country would reopen to all vaccinated international voyagers starting next week, compelling a welcome -- if challenging -- industry pivot.
Japan's ANA predicts record $4.87 bn net loss for 2020/21
AFP, Published on 27/10/2020
» TOKYO - Japan's biggest airline ANA Holdings on Tuesday forecast a record $4.87 billion net loss for this financial year and announced a major restructuring as the pandemic hammers the global aviation industry.
Boeing reports big loss, signals more job cuts
AFP, Published on 30/07/2020
» NEW YORK - Boeing suffered a bigger-than-expected loss in the latest quarter, the company announced Wednesday, and signaled additional job cuts are likely as it contends with a protracted air travel downturn amid the coronavirus pandemic.
General Electric to cut 10,000 aviation jobs
AFP, Published on 05/05/2020
» NEW YORK: General Electric announced Monday it will cut an additional 10,000 jobs from its aviation sector as the coronavirus pandemic decimates the industry, forcing companies to cancel orders.
Boeing to cut staff, output as pandemic batters airlines
AFP, Published on 30/04/2020
» NEW YORK: Boeing announced sweeping cost-cutting measures Wednesday as it reported a first-quarter loss of $641 million after suffering a damaging hit to the airline business from the coronavirus pandemic.
Boeing to lay off 10% of workers in civil aviation
AFP, Published on 23/04/2020
» NEW YORK: Boeing plans to reduce the workforce in its civil aviation unit by 10 percent to cut costs as the coronavirus causes a crisis for airlines, two sources familiar with the matter told AFP.