Itemoids

Boeing

The Boeing strike is an existential threat, Boeing says

Quartz

qz.com › boeing-stock-sale-prospectus-strike-explainer-1851682751

As it treads water awaiting the end of its machinists’ strike, Boeing (BA) just formally announced Monday that it’s raising $19 billion in a stock offering. And in the prospectus for that share sale, it lays out exactly how immensely the work stoppage looms in its conception of the future.

Read more...

Boeing is looking for an escape hatch from the space business

Quartz

qz.com › boeing-nasa-space-business-1851681727

Boeing (BA), the aerospace company with a storied past of working with NASA, is exploring a sale of its space-focused programs, including its Starliner space vehicle and International Space Station (ISS) operations.

Read more...

Boeing's strike stress, American Airline earnings, and Delta's rockstar CEO: Airline news roundup

Quartz

qz.com › boeing-american-airlines-earnings-delta-news-roundup-1851680903

Boeing’s machinist strike continues, among other embarrassments. The founder of JetBlue Airways gives the carrier’s erstwhile merger target some unsolicited advice. Delta’s CEO thinks he’s a rockstar now. Plus: Find out what U.S. airlines will feed you for free — and how much it’ll cost you.

Read more...

Boeing will keep bleeding cash through all of next year

Quartz

qz.com › boeing-earnings-q3-negative-cash-flow-strike-1851679329

Boeing (BA) presented earnings Wednesday, and they were not good; the company lost $6 billion on $17 billion in revenue amid an ongoing machinists’ strike that is bringing operations to a crawl. But maybe the most important number in the planemaker’s business update is its free cash flow: $2 billion leaked from…

Read more...

Boeing earnings are tomorrow. Here are its 7 biggest embarrassments since last quarter

Quartz

qz.com › boeing-earnings-preview-strike-cash-starliner-1851678258

Boeing (BA) presents earnings Wednesday, and Wall Street will have a lot of questions for its executives after a turbulent year that has only gotten shakier in its back half. There’s been a lot of news coming out about the company, and much of it puts the planemaker in a poor light to say the least.

Read more...

The Boeing strike could end this week. The stakes are huge

Quartz

qz.com › boeing-strike-end-ratification-vote-stakes-1851677328

Boeing’s (BA) future could hang in the balance of a union ratification vote on Wednesday. Over the weekend, the International Association of Machinists and Aerospace Workers (IAM) told its members engaged in the work stoppage that they’ll decide this week whether to accept an agreement the company presented that…

Read more...