AircraftProduction

Boeing's Financial Recovery: Cash Burn Eases as Production Stabilizes

28 days ago

Boeing has reported a promising improvement in its financial performance, as its cash burn rate has notably decreased amidst stabilizing aircraft production rates. This transition comes as a welcome relief for the aerospace giant, which has been plagued by various challenges over the past few years due to the pandemic and supply chain disruptions.

Airbus Sees February Recovery in Plane Production After a Tough January

3 months ago

In a positive turn for the aerospace giant, Airbus announced that its aircraft production is expected to recover throughout February, following a challenging month in January that saw output falter. The company, a key player in the global aviation industry, has been working diligently to address various operational issues that led to the reduced output earlier in the year.

Boeing Resumes Full Jet Production After Landmark Strike Deal

5 months ago

In a significant development for the aviation industry, Boeing has officially resumed full jet production at its facilities in the Seattle area following the conclusion of a prolonged strike by the International Association of Machinists and Aerospace Workers (IAMAW). This landmark agreement has energized not only the company but also the supply chain and local economy, which had been reeling from the effects of the labor dispute.