Aerospace & Defense
Due to the sharp fall-off of commercial aircraft demand, brought on by the nosedive of travel, Airbus plans to cut employees, the number of which is equivalent to a small city.
9 days ago
Last Updated: 9 days ago
Aircraft maker Airbus is expected to announce that it will fire more than 14,000 workers as the company struggles to overcome the effects of the COVID-19 outbreak on demand for air travel and new...
10 days ago
Last Updated: 9 days ago
The Federal Aviation Administration has given a green light to flight testing of Boeing's 737 Max, following more than a year of grounding following crashes that killed 346 people.
11 days ago
Virgin Galactic has signed a Space Act Agreement with NASA’s Johnson Space Center to encourage commercial participation in orbital human spaceflight to the International Space Station.
18 days ago
The longer it takes for Boeing to get the 737 Max back in the air and to resolve its political difficulties, the harder it becomes for the company to win against its well-stocked rival.
21 days ago
Even when the 737 Max is cleared to fly again, Boeing will have to deal with reduced demand and increased oversight.
25 days ago
Last Updated: 23 days ago
When Boeing reported monthly order and delivery totals on Tuesday, there was little good news. That is down to the grounding of the 737 Max and the impact of COVID-19 on the airlines that buy...
1 month ago
DPW shares more than tripled on Wednesday after the firm announced that its global defense business, Gresham Worldwide, recently received a few massive purchase orders.
1 month ago
Boeing has released its orders for the month of May, and the number of order cancellations exceeds the number of new orders. But there was some good news.
1 month ago
Analysts clear Boeing stock for takeoff as travel demand picks up.
1 month ago
Boeing rallies amid signals of confidence from a big hedge fund and a big aircraft leaser.
1 month ago
Boeing has faced a rough year between the COVID-19 pandemic and the grounding of its 737 Max. Has its stock bottomed -- and can it recover from here?
1 month ago
Boeing is cutting jobs worldwide and has issued debt to get through the pandemic and its 737 Max woes.
1 month ago
Boeing benefits from its military aircraft business, and the company has received a contract from the newly constituted U.S. Space Force. Both combined can't replace the stalled 737 Max business.
1 month ago
Boeing’s CEO remains confident despite the toll the coronavirus has taken on the aerospace and travel industries.
1 month ago