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Reuters Boeing warns of bigger-than-expected $4 billion quarterly loss Q4 loss forecast of $5.46 a share nearly triple market expectations Shares fall 3.5% in after-hours trading after announcement Boeing lost nearly $8 billion in first nine months of 2024 SEATTLE, …
https://arstechnica.com/space/2024/08/a-new-report-finds-boeings-rockets-are-built-with-an-unqualified-work-force/ BA could potentially loose contracts with NASA, I would keep close eye on this and potentially buy puts. “NASA declines to penalize Boeing for the deficiencies…. According to Safety and Mission Assurance officials at NASA and DCMA officials …
https://www.bloomberg.com/news/articles/2024-02-06/boeing-labor-strife-poses-next-big-risk-to-plane-production Machinists inspired by auto workers, Hollywood seek 40% raise Labor chief doesn’t want strike, ‘but we’re willing to do it’ Union leaders will demand a 40% pay raise over three or four years, emboldened by a resurgent US labor …
via RT: Rather than perform a simple flyover, the swaggering Tex, who got his start flying crazy loops on daredevil flights on a tri-motor plane across the dusty plains of Kansas, aimed to impress the gathered luminaries. Instead, he put …