Boeing CEO says voluntary layoffs are on the way to adjust to ‘our new reality’ in hard-hit airplane market – GeekWire

Boeing has been dealing with the throughout the world grounding of its 737 MAX planes as nicely as the financial effects of the coronavirus pandemic. (GeekWire Photo) Boeing CEO David Calhoun claims the enterprise is making ready a voluntary layoff program which is aimed at decreasing the want for “other workforce actions” as it deals […]

Boeing and airline stocks soar higher, thanks to billions in promised aid – GeekWire

Boeing’s 777X jet takes off for its initially flight in January. (GeekWire Photo / Alan Boyle) Even as Boeing begins a 14-day generation shutdown in the Puget Seem because of to the coronavirus outbreak, the aerospace giant is in line for a economical booster shot, many thanks to provisions in the $2 trillion reduction offer […]

Nikki Haley quits Boeing’s board to protest plea for $60B in aid – GeekWire

Through her term as South Carolina’s governor, Nikki Haley paid out tribute to the expansion of Boeing’s functions in the state. (South Carolina Governor’s Business Photograph / Sam Holland) Nikki Haley, the former South Carolina governor and U.N. ambassador who has been touted as a potential presidential applicant, states she’s resigning from Boeing’s board of […]

Sea-Tac passenger traffic drops by two-thirds due to coronavirus – GeekWire

Restaurants at Sea-Tac International Airport are continuing to serve travellers on a grab-to-go or purchase-to-go foundation. (Port of Seattle Image) The range of airline travellers having off from Seattle-Tacoma International Airport has fallen by two-thirds, thanks to the coronavirus outbreak and its impact on air journey, officials at the Port of Seattle stated today. Sea-Tac […]

Boeing unveils proposed design for Future Attack Reconnaissance Aircraft – GeekWire

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GoFly rewards disruptive aviation tech, but it’s no-go for $1M prize – GeekWire

TeTra’s aerial motor vehicle appears to be like like a cross amongst a motorcycle and an ultralight. (teTra Photo by way of Twitter) The Boeing-backed GoFly Prize software gave out a $100,000 award during its inaugural fly-off in California, but the $1 million grand prize went unclaimed simply because none of the competition could go […]

Boeing backs plan to drop tax breaks amid trade dispute with Europe – GeekWire

Workers stand inside of a large autoclave that’s used to method components for the wings of a 777X jet. (Credit score: Boeing) With Boeing’s blessing, Washington state lawmakers have introduced expenditures aimed at suspending tax breaks that have benefited the aerospace business to the tune of hundreds of thousands of bucks each year. Today’s move […]

Boeing’s prognosticator says coronavirus will affect aviation market – GeekWire

Randy Tinseth, vice president for advertising and marketing at Boeing Business Airplanes, normally takes a problem during  the Pacific Northwest Aerospace Alliance’s once-a-year assembly in Lynnwood, Wash. (GeekWire Photograph / Alan Boyle) LYNNWOOD, Wash. — A person of Boeing’s best current market analysts suggests the problems stirred up by China’s Wuhan coronavirus outbreak will have […]