Boeing Co

Federal Aviation Administration (FAA) safety employees reported facing "strong" external pressure from industry and raised alarms the agency does not always prioritize air safety, according to an independent survey seen by Reuters on Friday.

The U.S. Federal Aviation Administration on Wednesday said it was proposing to fine Boeing Co <BA.N> $1.25 million after the agency alleged Boeing managers at its South Carolina plant exerted undue pressure on workers who handle safety oversight work on behalf of the agency.

S&P Global Ratings on Wednesday cut its outlook on U.S. planemaker Boeing Co to "negative" from "stable", saying recovery in the aerospace industry could take longer than expected due to the impact of the coronavirus crisis.

Boeing Co <BA.N> does not see the need to add to liquidity through additional debt offerings to manage the downturn in global aviation caused by the COVID-19 pandemic, chief financial officer Greg Smith said on Wednesday.

Boeing Co does not see the need to add to liquidity through additional debt offerings to manage the downturn in global aviation caused by the COVID-19 pandemic, chief financial officer Greg Smith said on Wednesday.

Virgin Australia Holdings Ltd said on Wednesday it would make permanent cuts to one-third of its workforce and focus on being a short-haul Boeing Co 737 operator as part of a new business plan under the ownership of Bain Capital.

Kuwaiti aircraft leasing company Alafco has halved its order for 40 Boeing 737 jets after reaching an agreement to end its legal claim over a cancelled order for the planes, it said on Tuesday.

Spirit AeroSystems <SPR.N> on Tuesday reported a bigger-than-expected quarterly loss and pushed its target of becoming cash flow positive by another year, as top customers Boeing and Airbus slashed production due to a collapse in global travel.

Europe's air safety watchdog has no firm date for Boeing's grounded 737 MAX to resume flights, it said on Tuesday, adding that the U.S. planemaker had some more work to do before a 17-month-old safety ban could be lifted in Europe.

The U.S. Federal Aviation Administration said on Monday it is proposing requiring four key Boeing Co <BA.N> 737 MAX design and operating changes to address safety issues seen in two fatal crashes that led to the plane's grounding in March 2019.

Kuwaiti aircraft leasing company Alafco will buy fewer aircraft from Boeing after reaching an agreement to end its legal claim over a cancelled 737 MAX order, it said on Tuesday.

Boeing supplier Spirit AeroSystems Holdings <SPR.N> said on Friday it was cutting 1,100 jobs in its commercial programs due to the most recent production rate reduction on the 737 MAX and the ongoing coronavirus outbreak.

Air Canada said on Friday it would weigh possible cancellations of aircraft orders from Boeing and Airbus after COVID-19 crippled air travel and pushed the carrier into a second-quarter loss.

Boeing Co <BA.N> slashed production of its biggest twin-engined jets, delayed its new 777X by up to a year and began sunsetting the iconic 747 as it posted a bigger-than-expected quarterly loss dominated by the COVID pandemic on Wednesday.

Boeing Co <BA.N> is winding down production of the 747 jumbo jet, which democratized global air travel in the 1970s but fell behind modern twin-engine aircraft.

General Electric Co <GE.N> saw less cash outflow than estimated in the second quarter, even as the coronavirus pandemic pummeled demand in its aviation business, resulting in a wider-than-expected quarterly loss.

Leasing giant AerCap <AER.N> said on Wednesday it had cancelled 15 orders for the grounded Boeing <BA.N> 737 MAX aircraft as it slows the pace of new plane deliveries to weather the coronavirus crisis.

* BOEING CEO DAVE CALHOUN SAYS SITUATION HAS GOTTEN MORE DIFFICULT – CNBC INTERVIEW

Boeing said on Wednesday it would cut production of its marquee 787 and 777 jet programs and delay ramp up plans on the 737 MAX, as quarterly sales tumbled 25% due to the fallout from the COVID-19 pandemic.