Yaren is a freelance writer currently based between Cyprus and Prague. She writes travel stories for digital publications and SEO content for startups and brands. Her work has appeared in The Independent, Time Out, Euronews, Reader's Digest, and more.

Boeing Strikes Massive Labor Deal to Avoid Strike – Will It Be Enough?

09 Sept 2024  |  www.business2community.com  |  English  |  Aviation Industry

Boeing has reached a tentative labor agreement with its Seattle-area workers union, potentially averting a strike. The deal includes a 25% wage increase over four years and other benefits, but does not address Boeing's long-term challenges, including safety issues and financial struggles. Boeing's reputation has been damaged by past safety incidents, affecting consumer behavior. Despite a recent stock price increase due to the labor deal, Boeing's financial performance remains weak, with significant stock underperformance and potential future equity dilution.

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Dave Calhoun Stephanie Pope Julie Su Butch Wilmore Suni Williams Kelly Ortberg Danielle Harvey Arnold Barnett Matthew Akers

Balanced

Factuality Scale

Victor Fernandes is a journalist based in Buenos Aires, Argentina.
Video editor, cameraman, handling various editing programs in any format, material management, live transmissions, streaming, LiveU management, use of Mac and PC systems, use of professional cameras, production assistance, ...

Boeing admits fault for incident with 737 Max 9; see the most affected airlines

10 Jan 2024  |  Portal PANROTAS  |  Portuguese  |  Safety

Boeing CEO Dave Calhoun admitted the company's responsibility for the recent incident involving an Alaska Airlines 737 Max 9, leading to the grounding of 171 jets for inspection. The FAA has mandated that all affected aircraft remain grounded until safety can be assured. The NTSB's investigation suggests the incident was due to improper door locking, not a design flaw. Major airlines like United Airlines, Alaska Airlines, Copa Airlines, and Aeromexico are significantly impacted, with thousands of flights affected. Boeing and its partner Spirit AeroSystems face criticism for potential cost-cutting measures affecting production quality.

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Dave Calhoun

Balanced

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I am a multimedia journalist, currently based in Porto, Portugal. I'm working as a freelancer for Euronews.

Investigative journalism is my passion and ambition.

I'm from Portugal, so I'm a native Portuguese speaker.
I'm also fluent in English (Cambridge Certificate of Proficiency in English, ...

Boeing shares plummet after plane window blowout

08 Jan 2024  |  www.euronews.com  |  English  |  Stock Market

Boeing's shares fell 9% after the FAA grounded 171 of its 737 MAX 9 jets for safety checks following an incident where part of an Alaska Airlines jet's fuselage tore off. Airbus shares rose over 1%, with the company expected to announce record deliveries and orders, maintaining its position as the world's biggest planemaker. Shares of Boeing's suppliers and customers, including Spirit Aero, Alaska Air, and United Airlines, also dropped. The Boeing incident is anticipated to affect the Dow Jones Industrial Average, with Dow Futures already down 188 points. Boeing's CEO Dave Calhoun emphasized the company's focus on responding to the incident, with a safety webcast planned.

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Dave Calhoun

Factual

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Elliot Smith is a British multimedia journalist with eight years' domestic and international experience covering geopolitics, economics, business and sport, most recently working as a full-time Correspondent for CNBC in London.

Having recently relocated to Copenhagen, he will now be available to ...

Boeing shares tumble after panel blows out midflight, FAA grounds dozens of 737 Maxes

08 Jan 2024  |  www.nbcconnecticut.com  |  English  |  Stock Market

Boeing's shares fell 8% after the FAA grounded dozens of 737 Max 9 planes due to a door plug blowing out midair on an Alaska Airlines flight. The grounding and incident add to Boeing's challenges, including past crashes, supply chain issues, and quality defects. The FAA's emergency directive affects around 171 planes, with United and Alaska Airlines being the largest operators. Boeing's rival Airbus saw shares increase as investors anticipate market share gains. Analysts and investors are concerned about Boeing's quality control and the impact on its business.

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Dave Calhoun Ron Epstein Russ Mould

Informative

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Andreas Spaeth is an international aviation journalist and expert based in Hamburg, Germany.
He has been a known figure in the civil aviation industry for decades with excellent contacts to global airlines, airports, aircraft manufacturers and aviation organisations.
Andreas has a wide spectrum ...

Boeing: Does the End of the Strike Mean a Chance for a Fresh Start?

05 Nov 2024  |  www.dw.com  |  German  |  Corporate Challenges

Boeing's seven-week strike involving 33,000 employees has ended with a 38% wage increase agreement, costing the company approximately one billion dollars. The strike exacerbated Boeing's ongoing challenges, including financial losses, a tarnished reputation due to past accidents, and a significant drop in stock value. The company plans to issue new shares to raise capital and has announced potential layoffs affecting 17,000 employees. Despite these issues, new CEO Kelly Ortberg is seen as a hopeful leader capable of steering Boeing back to success. Ortberg emphasizes the need for cultural change and product innovation, particularly the development of a new aircraft to replace the aging Boeing 737 MAX.

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Dave Calhoun Kelly Ortberg Steven Udvar-Hazy Carsten Spohr

Balanced

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Thibault Spirlet is a London-based journalist specialising in human rights. He has worked for the likes of @Daily_Express, @factal, @POLITICOEurope & 
@AFP on subjects ranging from US/European politics to the Russia-Ukraine war. Since leaving his latest job as news reporter at Daily Express, he ...

My daughter died in a Boeing 737 Max crash. It could happen again

01 Oct 2023  |  inews.co.uk  |  English  |  Corporate Accountability

Catherine Bethert, whose daughter Camille died in the Ethiopian Airlines Flight 302 crash involving a Boeing 737 Max, expresses ongoing concerns about the aircraft's safety. Following multiple incidents and a controversial plea deal with the US Department of Justice, victims' families are pushing to reopen the criminal case against Boeing. The DOJ is set to decide on Boeing's legal fate by July 7, with options including dismissing charges, extending immunity, or prosecuting the company and its executives. Boeing faces renewed scrutiny after recent technical incidents and is working to improve compliance and safety measures.

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Dave Calhoun Catherine Bethert Camille Bethert-Geoffroy Larry Kellner Stan Deal

Interpretive

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Center-Left

Political View

Callum Tennant is a journalist who specialises in transport, travel, and Spanish affairs.

He has written for publications such as The Guardian, euronews, POLITICO, The FT, and The Independent.

Callum speaks English and a B2 level of Spanish.

Headless Chickens: Ryanair's Chief Renews Boeing Attacks

10 May 2022  |  simpleflying.com  |  English  |  Financial Performance

Ryanair's CEO Michael O'Leary has criticized Boeing's management for failing to deliver orders on time, describing them as 'running around like headless chickens.' Despite the criticism, Ryanair remains willing to work with Boeing if improvements are made. The airline predicts a return to profitability in 2023, despite challenges such as rising fuel and labor costs. The aviation sector faces additional pressures from increased fuel prices due to the war in Ukraine and labor shortages as demand rebounds post-pandemic.

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Dave Calhoun Michael O'Leary Domhnal Slattery

Interpretive

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Suranjana Tewari is a journalist based in Mumbai, India.

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Airlines are returning in places you might not expect

29 Mar 2024  |  newsbeezer.com  |  English  |  Economic Growth

The aviation industry is experiencing a significant upswing, particularly in Asia, where air traffic increased by 16% last year. India's domestic aviation market is projected to grow fivefold by 2042, making it the third-largest globally. Air India, recently acquired by Tata, is investing in new aircraft and branding to compete internationally. Other Asian countries like Indonesia, the Philippines, and Vietnam are also expected to see a boom in air traffic. Investments in infrastructure are being made to support this growth. Despite China's economic slowdown, there is optimism for travel from the country. Airlines are also exploring alternative markets due to uncertainties in China. Boeing faces scrutiny over safety concerns, impacting its Max aircraft family.

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Dave Calhoun Campbell Wilson Glenn Fogel Michael Szucs

Informative

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Vivienne Walt is a seasoned, award-winning foreign correspondent for TIME Magazine and other major US publications. She travels widely from her base in Paris, with broad expertise on war and terrorism in Europe and beyond. Walt has covered the Iraq and Afghanistan Wars, and the Egyptian, Tunisian ...

Saudi Arabia has the most profitable company in the history of the world, with $3.2 trillion to invest by 2030. Who will say no to that tidal wave of cash?

01 Aug 2023  |  fortune.com  |  English  |  Human Rights

Saudi Arabia, led by its state-owned oil giant Saudi Aramco, is leveraging its vast oil profits to make significant global investments, aiming to diversify its economy by 2030. Despite past controversies, including the murder of journalist Jamal Khashoggi, the kingdom is attracting substantial foreign investment and forging major deals in various sectors, from sports to technology. The Public Investment Fund, chaired by Crown Prince Mohammed bin Salman, plays a crucial role in these efforts. The article highlights the complex interplay between Saudi Arabia's economic ambitions and its human rights record, as well as the strategic decisions faced by Western investors and governments.

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Dave Calhoun Jamal Khashoggi Abdulaziz Alhouti Shakoor Mohammed bin Salman Yasir al-Rumayyan Richard Blumenthal Jimmy Dunne Amin Nasser Larry Fink Joe Biden David Rundell Jim Krane Mudhyan al-Mudhyan Badr al-Badr Emmanuel Macron

Interpretive

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Center

Political View