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Keywords: Boeing
In a decisive move to steer Boeing out of its current crisis, CEO Kelly Ortberg has unveiled a strategic plan aimed at revitalizing the beleaguered aerospace. The company recently reported staggering quarterly losses of $6 billion, contributing to an annual deficit nearing $8 billion, largely due to......
Boeing, one of the world’s largest aerospace companies, announced a dramatic reduction in its workforce, cutting 17,000 jobs approximately 10% of its total workforce as it grapples with ongoing challenges across its business. In an email to staff, CEO Kelly Ortberg confirmed that job cuts would......
In a significant development for the aerospace industry, Boeing employees are poised to make a critical decision regarding their future as they prepare to vote on a new contract. The potential for a strike looms large, reflecting the growing discontent among workers over compensation and working conditions. The......
Boeing's Starliner spacecraft, which recently completed a critical test mission, has returned to Earth, without the astronauts it was meant to bring back. After a three-month stint in space, technical issues forced the spacecraft to leave behind astronauts Butch Wilmore and Suni Williams, who will......
In a pivotal moment for space exploration, NASA is poised to announce a critical decision regarding the return of US astronauts from the International Space Station (ISS). The space agency is expected to reveal as early as Saturday, August 24, whether astronauts will safely return aboard the Boeing Starliner......
In an unexpected turn of events, two American astronauts who embarked on what was intended to be an eight-day mission in June may find themselves residing on the International Space Station (ISS) until 2025, according to recent statements from NASA officials. The situation has arisen due to ongoing concerns......
Morocco's aerospace industry is experiencing a remarkable ascent, with exports reaching $1.3 billion in the first half of 2024. This achievement positions the sector as the country's leading export performer. In an exclusive discussion with Asharq Business, Hamid El Andaloussi, president of......
In a high-stakes examination of aviation safety protocols, Boeing officials are set to face intense questioning from the National Transportation Safety Board (NTSB) regarding the alarming midflight panel blowout on a 737 Max aircraft. The two-day hearing, commencing Tuesday, promises to shed new light......
In a significant development for international travel and economic ties, Royal Air Maroc (RAM) has announced the resumption of its direct flight connecting Casablanca and Beijing. This route, the first of its kind to link Morocco and China directly, is set to recommence on January 20 next year. Initially......