Boeing

 Boeing Co lost another 63 orders for its newly un-grounded 737 MAX jet in November, and the company delivered seven aircraft to customers, down from 24 in the same month a year ago, company data showed on Tuesday. The embattled U.S.…

Boeing Co is reducing its 787 widebody production to five jets monthly in mid-2021 from six, and delivered zero 787s to customers in November, as longer-haul travel demand remains weakened by the coronavirus pandemic, the U.S. planemaker’s…

US regulators on Wednesday cleared the Boeing 737 MAX to return to the skies, ending its 20-month grounding after two fatal crashes that plunged the company into crisis. The Federal Aviation Administration said the approval followed “an…

Pressured by another quarterly loss, Boeing announced Wednesday additional job cuts as it adapts to a prolonged downturn in the aviation industry. The planemaker, which has been in belt-tightening mode throughout 2020, plans to eliminate…

European planemaker Airbus on Friday made what it described as a final step aimed at halting a transatlantic trade war over billions of dollars of aircraft subsidies. Airbus said it had agreed to pay higher interest rates on government…

Ryanair, one of the largest customers for Boeing’s troubled 737 MAX, hopes to take its first delivery in November after the jet’s first test flight appeared to go well, Group Chief Executive Michael O’Leary said on Wednesday. Boeing Co…

Drone Industry recorded a total $1.2 billion investment in 2019, a record high and year-on-year growth of 67 percent according to data from Finance In Bold (FinBold) The data shows that Venture Capital funding in the industry stood at…

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. The cuts will be a mix of voluntary departures…

Boeing announced sweeping cost-cutting measures Wednesday after reporting a first-quarter loss of $641 million following the hit to the airline business from the coronavirus pandemic. The aerospace giant plans to reduce its…

Boeing (BA.N) Chief Executive Dave Calhoun said Tuesday the company still expects a “mid-year” return to service for the grounded 737 MAX and said the company needs to know credit markets remain open to the aerospace manufacturing sector.…