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Boeing Will Temporarily Suspend Philadelphia Area Operations
Boeing CEO Outlines Voluntary Plan To Respond To Current Market Conditions
Boeing Receives $1.5 Billion P-8A Poseidon Contract From U.S. Navy
The Boeing Company is an aerospace firm. The Company operates in four segments: Commercial Airplanes (BCA); Defense, Space & Security (BDS); Global Services (BGS), and Boeing Capital (BCC). BCA segment develops, produces and markets commercial jet aircraft and provides fleet support services, principally to the commercial airline industry worldwide. BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, surveillance and mobility. BGS segment provides services to commercial and defense customers worldwide. BCC's segment portfolio consists of equipment under operating leases, finance leases, notes and other receivables and assets held for sale.
100 N Riverside Plz
Lawrence W. Kellner
Independent Non-Executive Chairman of the Board
David L. Calhoun
President, Chief Executive Officer, Director
Gregory D. Smith
Chief Financial Officer, Executive Vice President - Enterprise Performance and Strategy
Executive Vice President, President and Chief Executive Officer, Boeing Global Services
Leanne G. Caret
Executive Vice President, President and Chief Executive Officer of Boeing Defense, Space & Security
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Aircraft lessor Avolon on Friday announced the cancellation of an order for 75 Boeing <BA.N> 737 MAX planes that were due to be delivered by 2023, saying it was adjusting its order book to the disruption caused by the coronavirus pandemic.
Boeing Co <BA.N> said on Thursday it will temporarily suspend production at facilities in Ridley Township, Pennsylvania, amid the ongoing coronavirus pandemic, adding that the suspension will last two weeks, with work to resume on April 20.
* TO TEMPORARILY SUSPEND PHILADELPHIA AREA OPERATIONS IN RESPONSE TO ESCALATING COVID-19 PANDEMIC
Boeing Co <BA.N> Chief Executive Officer Dave Calhoun outlined a plan of voluntary layoffs for employees on Thursday, while warning that the coronavirus pandemic would have a lasting impact on the global aerospace industry.
Boeing Co <BA.N> Chief Executive Dave Calhoun said on Thursday the coronavirus pandemic was going to have a lasting impact on the global aerospace industry, as he outlined steps for a voluntary layoff plan for employees.
Boeing Co was set to offer employee buyout and early retirement packages, two people familiar with the matter said on Wednesday, a bid to mitigate the financial fallout from the coronavirus pandemic.
* ANNOUNCED ON TUESDAY IT IS SUPPLYING HIGH-PERFORMANCE, MEDICAL-GRADE TRANSPARENT FILM TO BOEING FOR ITS PRODUCTION OF FACE SHIELDS AS A PROTECTION FROM COVID-19
The U.S. Air Force announced on Monday an additional deficiency in the KC-46 Pegasus aerial fuel system built by Boeing <BA.N>, classifying it at the Category I level, meaning it is a major technical issue that may endanger the aircrew and aircraft.
* BOEING - BOEING EMPLOYEES TO 3D-PRINT PERSONAL PROTECTIVE EQUIPMENT USING ADDITIVE MANUFACTURING MACHINES
U.S. Treasury Secretary Steve Mnuchin said on Friday that the coronavirus economic stimulus bill set to soon pass the House of Representatives is not an airline bailout and that taxpayers will need to be compenstated for relief given to the companies badly hobbled by the...
* BOEING - BILL'S ACCESS TO PUBLIC AND PRIVATE LIQUIDITY IS CRITICAL FOR AIRLINES, AIRPORTS, SUPPLIERS, AND MANUFACTURERS TO BRIDGE TO RECOVERY
Boeing Co's <BA.N> chief financial officer said on Tuesday the U.S. aerospace industry urgently needs credit to cope with the coronavirus pandemic but "markets essentially are closed" to new debt.
President Donald Trump said on Tuesday that he would not let airplane maker Boeing Co <BA.N> go out of business as a result of the economic disruption caused by the coronavirus outbreak.
Fitch on Tuesday cut Boeing Co's credit rating to "BBB", with a negative outlook, citing a rapid escalation of the coronavirus pandemic and its impact on the planemaker's markets and operations.
* FITCH SAYS DOWNGRADES BOEING'S RATINGS TO 'BBB'; REMOVES FROM RATING WATCH NEGATIVE; OUTLOOK NEGATIVE
Boeing Co <BA.N> Chief Executive Dave Calhoun said on Tuesday he does not want the U.S. Treasury to take an equity stake in the planemaker as a condition of government loans as credit markets freeze amid the coronavirus pandemic.
Boeing Co's Chief Financial Officer said on Tuesday that the U.S. planemaker was not in discussions to raise new debt as it looks to curb fallout over the coronavirus pandemic.
Spirit Aerosystems <SPR.N>, Boeing Co's largest supplier, is temporarily suspending production for the airplane maker at many of its facilities in the United States for two weeks, as the global coronavirus pandemic saps demand across the industry.
Boeing 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.
Spirit Aerosystems, Boeing's largest supplier, is temporarily suspending production of parts for the airline at many of its facilities across the United States, the company said on Tuesday, as the global coronavirus pandemic saps demand across the industry.
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