Boeing shares decline as the company begins layoffs amid a major restructuring plan, while projecting strong growth in air ...

Boeing instituted rolling furloughs in September, with tens of thousands of employees asked to take off one out of every four ...

In response to these declines, the jet maker has all but eliminated its pension program, one issue of many that has angered ...

One week after Spirit AeroSystems announced it has "substantial doubt" about its ability to continue as a going concern, ...

In April, Boeing provided a $425 million advance to support Spirit's liquidity. Spirit, Wichita's largest employer with ...

Earlier this year, we reported on the DEI troubles at Boeing, which an insider described in this way: “DEI is the drop you ...

Hours after announcing it will receive up to $350 million in advance payments from Boeing, Spirit said it has an updated ...

Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling ...

Employment growth slowed sharply last month, with nonfarm payrolls increasing by only 12,000 jobs, the fewest since December ...

Significant anticipated cash deficit and increased operating losses have raised doubts over the company’s ability to continue ...

CEO Kelly Ortberg issued a message to staff who were furloughed during the machinists’ strike Thursday saying the company ...

Boeing workers who were furloughed will be getting their paychecks back, announced CEO Kelly Ortberg Thursday.