Boeing shares at last check were up 2.1% to $211.69. Dell traded up 1.3% at $78.76. Boeing eliminated 20,000 jobs companywide last year and said it has plans to reduce headcount by another ...
Financial moves and metrics come first,” was Boeing’s philosophy, he said. It was, he said, “a ruthless effort to cut costs without ... That meant unfinished jobs piled up on aircraft ...
In cash terms, the Boeing boss took home $5mn in pay vs $7mn in 2022, according to the company. He also waived his right to a $2.8mn incentive payment after the Alaska Airlines incident.
Boeing's delivery delays are forcing carriers to change their growth plans, CEOs said. Boeing is struggling to stabilize its supply chain after a host of quality control problems. Southwest ...
Boeing cut corners in production ... that whipsawed Boeing left it fragile and mistake-prone. “A group of jobs were not done properly and the procedures required for that job were not handled ...
The CEO of Boeing, David Calhoun ... got a salary of $1.4 million last year and stock awards valued at $30.2 million.
He also said the board is taking a hard look at the way Boeing pays its management staff and that it cut each executive ... the board he didn’t want his $2.8 million cash bonus in February ...
Boeing CEO David Calhoun received compensation valued at $33 million last year, nearly all of it in stock awards, but his stock payout for this year will be cut by ... at $30.2 million.
Boeing's problems have already forced airlines to cut expectations for aircraft deliveries, complicating efforts to meet record travel demand. United is not alone. Rival Southwest Airlines ...
In a statement on the 787, Boeing said, “In 13 years of service, the global 787 fleet has safely transported more than 850 million passengers on more than 4.2 million flights. A 787 can safely ...