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...of €134mn.Giordani said the company needed to move faster to dispose of its non-core assets....
...The company, saddled with about $47bn in long-term debt, has not made an annual profit since 2018. Boeing needs a hard reset on how it approaches manufacturing, outsourcing and quality control....
...assets), which tends to prioritise short-term financial performance over long-term investment....
...But he worried the company was “being overly optimistic” given it had no guarantee on what US regulators’ conclusion on the 737 Max would be, and that production remained below the group’s target of 38 a...
...There are plenty of companies — and people — trying to find a path back at the moment. 1) The biggest fightback of them all is required from Boeing....
...jobs, according to Alan Perry, a senior organiser at the GMB union....
...Several long-term Boeing watchers believe the only way the company can regain significant market share will be by launching a new single-aisle aircraft....
...Could Boeing, a company that operates in an effective duopoly, be truly stigmatised? Possibly not, at least in the short term....
...Calhoun’s plans to ramp up production of its best-selling 737 Max aircraft were meanwhile foiled this week by the Federal Aviation Administration, as the US regulator probes the company’s manufacturing and...
...But an accident on Friday when part of a Boeing 737-9 Max fell off during an Alaska Airlines flight is a new problem for the US company, which was already struggling with deliveries and long-running supply...
...Several long-term Boeing watchers believe the company is still suffering from the consequences of the much-criticised “Partnering for Success” initiative....
...The company, a key Boeing supplier, installs the plugged door as part of the construction of the 737 Max fuselage....
...Shares in Boeing are tumbling ahead of the open of trading in New York after US investigators announced they had located the door that blew out of an Alaska Airlines Boeing 737 Max in the middle of a Friday...
...The European group overtook the US company as the world’s biggest plane maker by annual deliveries and total order backlog in 2019....
...Boeing: The US Senate’s permanent subcommittee on investigations will hold a hearing about Boeing’s “broken safety culture”, with a Boeing whistleblower appearing as the main witness....
...[MUSIC PLAYING] The European Union is locked in a battle with Hungary’s prime minister, Viktor Orbán. For months now, he’s refused to back a plan that would send aid to Ukraine....
...Since 2015, the European Commission has been developing the capital markets union — our plan for a single market for capital, building on the success of the single market....
...Boeing’s largest labour union is seeking a board seat at the plane maker as quality control concerns mount following a mid-air blowout aboard a 737 Max jet in January....
...“It’s one of the industries where we’re seeing oil and gas companies focus because they know demand for plastics is only expected to grow in the long term,” said Kirti Vasta, a research analyst at BloombergNEF...
...EasyJet and its long-term aircraft manufacturer Airbus have argued that hydrogen will be an important part of the aviation industry’s pledge to reach net zero by 2050, even as other airlines and Boeing have...
...For now, reviewing financing terms for the debt seems to be working. But how long can amending and extending last?...
...PepsiCo, Boeing, PwC and Unilever are among the 350 global companies that complied with the edict and obtained regional headquarters licenses, according to Saudi Arabia’s investment ministry, while others...
...She argued, however, that calls for an outright ban on zero-hours contracts and other flexible arrangements — which some unions and workers’ rights groups have campaigned for — could also be counter-productive...
...If the ruling is upheld and Musk’s remuneration plan is scrapped, he will lose options over 303mn Tesla shares, close to 10 per cent of the company....
...Even the most ardent Brexiters have long held that the UK and EU should revisit the issue....
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