Tag: Boeing

‘Look at the deal that Warren Buffett did’: Mark Cuban said US officials should channel the investor in Boeing bailout talks

Business InsiderApril 12, 2020

AP / Seth Wenig Billionaire Mark Cuban called on US officials to channel one of America's best-known dealmakers ahead of potential bailout talks with...

Boeing supplier furloughs 2,300 employees on closure of Boeing facilities amid COVID-19

ReutersApril 10, 2020

(Reuters) - U.S. aero parts maker Triumph Group Inc (TGI.N) said it was furloughing about 2,300 employees across its U.S. and European plants...

Ransomware gang leaks documents of Lockheed Martin, Tesla, and Boeing

Cyber SecurityApril 10, 2020

A Ransomware attack that took place on US aerospace manufacturing and design contractor Visser Precision has now led to the leak of...

VW Considers Options for Record $3.6 Billion Dividend

AutomotiveApril 8, 2020

Volkswagen AG is considering whether to pay out a record 3.3 billion-euro ($3.6 billion) dividend as planned, or use at least part of...

Myriota raises $19.3 million to expand its IoT satellite constellation

StartupsApril 6, 2020

Internet of things satellite connectivity startup Myriota has raises a $19.3 million Series B funding round, led by Hostplus and Main Sequence Ventures,...

Boeing to Offer Buyouts, Mull Output Cuts Amid ‘New Reality’

AutomotiveApril 2, 2020

Boeing Co. is offering buyouts to its entire staff of 161,000 people and weighing new output reductions as the coronavirus pandemic threatens to...

Airlines Shift to Cargo as Passenger Volume Falls Dramatically

AutomotiveApril 1, 2020

Faced with hundreds of parked planes and near-empty flights as a result of the coronavirus pandemic, some of the world’s biggest airline executives...

How Airlines Are Trying to Boost Efficiency and Cut Emissions

AutomotiveApril 1, 2020

“We will not have to stop air travel, but we will have to plan for it more carefully,” President Nixon told the nation...

Southwest Offers First Cargo-Only Flights in Its History

AutomotiveMarch 31, 2020

Southwest Airlines Co. will offer the first all-cargo flights in its 48-year history as passenger demand keeps sliding amid the spread of the...

Urgent Demand for Medical Equipment Is Making Air Cargo Fees ‘Absolutely Crazy’

AutomotiveMarch 30, 2020

Urgent demand for medical equipment to fight the coronavirus has sent the cost of chartering aircraft skyrocketing and turned a typically humdrum process...