It’s basic Newtonian physics, as Boeing just learned: When the sky falls for a company, so, too, will the bottom line.
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Airbus hasn’t been able to capitalize much on Boeing’s misfortunes thanks to its own workforce and supply chain issues.
But stymieing aviation emissions may take more than just workarounds for contrails.
Robert “Kelly” Ortberg, an industry veteran, will take over as Boeing’s CEO on Aug. 8, inheriting its financial woes.
Beijing is reportedly unhappy with the prospect of an EU tariff on EVs, and is considering retaliatory tariffs on the EU’s aviation industry.
As Boeing faces heat, Airbus may be looking at ways to boost production to meet the surge in demand.
Southwest and Alaska said that the manufacturer’s uncertain status makes it hard to forecast the year ahead.
The aerospace giant has 90 days to produce a quality-control plan in the wake of a near-disaster earlier this year.
Airbus wants to get up close and personal with it’s aircraft builders.
In 2018, Boeing ran into extreme turbulence. In just five months, two 737 MAX crashed in Indonesia and Ethiopia, resulting in 346 deaths.
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This year Big Tech got into the energy game in a big way, and if it wants to chase AI it’ll need even more energy in years to come.
Across-the-board inflation — including food costs, labor costs, and real estate costs — is pummeling restaurants. Can the industry survive?