– An announcement of the delay could come as early as next week when Boeing announces earnings, one of the people said. Boeing.
– Boeing Co. (BA) announced on Wednesday that it will cut production of its 787 and 777/777X aircraft as the ailing planemaker posted a larger loss than estimated.Shares dropped 3% to $165.64 in early.
Covid-19 aside, Boeing plans later this year to roll out its latest ecoDemonstrator – an Etihad Airways-bound 787-10.
Boeing and Airbus are making planes that airlines aren’t collecting, straining their finances as the coronavirus pandemic wreaks havoc on travel and the aerospace industry.
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Boeing employees work on a wing section of a 777X outside the factory in Everett, Washington, in April. (Mike Siegel/The.
Boeing is set to delay its 777X by several months or up to a year as the COVID-19 crisis exacerbates a drop in demand for the.
Boeing’s commercial airplanes operating profit was hit by $845 million in abnormal production costs on 737 and factory.
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Boeing could delay launching wider production of its big new 777X jetliner for three months or longer, if necessary.
Aerospace and defense giant is still struggling with the twin problems of the 737 MAX grounding and the pandemic.
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Boeing said Wednesday that, due to the collapse in demand for airliners from the COVID-19 pandemic, it will cut widebody jet.
Boeing lost $2.4 billion in the second quarter as the coronavirus pandemic and 737 Max disaster made a huge impact on the.
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An Ethiopian Airlines’ Boeing 777 cargo plane caught fire while loading cargo at Shanghai Pudong International Airport on.
The company said it would lose $151 million on the KC-46 tanker, bringing Boeing’s total losses on the project to more than $4 billion. Boeing attributed the latest charge to “lower commercial.
Travelers looking forward to flying on Boeing’s next wide-body jet will have to wait a little longer. The coronavirus.
Boeing lost $2.4 billion in the second quarter and the company will slow production and cut more jobs as demand for.