Tag #Aerospace Industry

us.cnn.com
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Musk Aids Boeing in Overdue Air Force One Renovation

Elon Musk is assisting Boeing in resolving the considerable delays plaguing the renovation of two 747 jets into Air Force One planes, which are over budget by more than \$1 billion each and are not expected to be delivered until at least 2027 instead of the original 2022 deadline.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
abcnews.go.com
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Boeing Posts $11.8 Billion Loss in 2024 Amidst Strikes and Production Issues

Boeing reported a $3.8 billion fourth-quarter loss and an $11.8 billion full-year loss in 2024 due to a machinists' strike, production issues with the 737 Max, and problems with government programs, resulting in lower deliveries and fewer orders compared to Airbus.

Progress

48% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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Boeing's 2024 Deliveries Plummet, Raising Doubts About Recovery

Boeing delivered only 340 planes in 2024, sharply below Airbus's 766, due to a mid-air incident, a fatal crash, a workers' strike, and supply chain issues, raising concerns about its recovery.

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48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Boeing to Slash 17,000 Jobs Amidst Crisis

Boeing announces 17,000 job cuts, impacting Washington and Oregon, as it grapples with financial difficulties, legal issues, and production challenges.

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24% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 75% Global Worthiness
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Musk Aids Boeing in Resolving Air Force One Delays

Elon Musk is assisting Boeing in resolving delays to the Air Force One renovation project, which is billions of dollars over budget and years behind schedule due to pandemic-related issues and supply chain problems.

Progress

52% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Boeing Faces Pressure from Activist Investors and Potential Buffett Investment

Activist investors and potentially Warren Buffett are circling Boeing, creating pressure on the aerospace giant to address financial issues, manufacturing delays, and reputational damage caused by the 737 MAX grounding and the COVID-19 pandemic.

Progress

44% Bias Score

Decent Work and Economic Growth
lexpress.fr
🌐 85% Global Worthiness
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Airbus 2024 Deliveries Exceed Revised Target Amidst Ongoing Challenges

Airbus delivered 766 aircraft in 2024, exceeding its revised target of 770 but below pre-pandemic levels, showcasing recovery despite ongoing supply chain issues and geopolitical uncertainty; the company projects continued growth in 2025.

Progress

44% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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Boeing Ends Strike, Announces Layoffs

Boeing resolves a strike with its engineers but announces plans for significant job cuts, despite paying back lost wages.

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0% Bias Score