Boeing employees walked off the job site at Boeing Factories near Seattle on Friday morning after union members voted to go on strike and reject a tentative contract that would have increased wages by 25% over a four-year span.
Read More Boeing Employees Strike After Rejecting 25% Pay Increase, Impacting ProductionTag: Airbus
Boeing’s shares rise after tentative labor deal that could avert major strike
Boeing’s shares rose 3.7% after the planemaker and its biggest union reached a tentative deal covering more than 32,000 workers.
Read More Boeing’s shares rise after tentative labor deal that could avert major strikeGE Aerospace developing hybrid engines for single-aisle jets
GE Aerospace is developing a hybrid electric engine in hopes it will power next-generation narrow-body jets by the middle of the next decade.
Read More GE Aerospace developing hybrid engines for single-aisle jetsFAA: Airbus And Boeing May Have Used ‘Counterfeit’ Titanium In Planes
Based on data from a supplier, the two largest commercial airline manufacturers, Boeing and Airbus, may have used titanium delivered with forged documentation. This has prompted an inquiry by the Federal Aviation Administration (FAA).
Read More FAA: Airbus And Boeing May Have Used ‘Counterfeit’ Titanium In PlanesBoeing reports first revenue drop in 7 quarters as deliveries decline
The U.S. planemaker beat Wall Street expectations that were lowered after a January mid-air blowout of a cabin door.
Read More Boeing reports first revenue drop in 7 quarters as deliveries declinePerson Injured After Frontier Airlines Plane Evacuated
A person has been injured after a Frontier Airlines plane had to be evacuated due to a “strong odor.”
Read More Person Injured After Frontier Airlines Plane Evacuated