• BA

Boeing dismantles diversity department, Bloomberg news reports

Boeing has dissolved its global DEI department, integrating staff into HR, as it faces financial pressure from a strike and plans to cut 17,000 jobs.

• BA

US weekly jobless claims fall as hurricane distortions fade

Unemployment claims decreased as hurricane disruptions faded, with economists predicting modest job growth and potential interest rate cuts by the Federal Reserve amid ongoing labor strikes.

• BA
• CPCAY
• SWRAY

Chinese planemaker COMAC expands overseas push with Hong Kong office, maintenance deal

COMAC opened a Hong Kong office to expand internationally, aiming to compete with Airbus and Boeing despite lacking certifications for its C919 jet. Future collaborations planned.

• AAL
• BA
• DAL
• KEX
• LUV
• US500

Analysis-US airlines see stronger profits as airfare war ends

U.S. airlines are regaining strength with reduced capacity, rising airfares, and improved profitability forecasts, reversing summer trends of discounted fares and sluggish earnings.

• BA
• SPR

Bernstein cuts Boeing stock to Market Perform amid concerns over recovery path

Bernstein analysts downgrade Boeing's stock rating, citing recovery challenges and negative cash flow projections. They stress the need for a clear recovery plan and leadership rebuilding.

• BA

Airbus delivers first A321XLR jet to Spain's Iberia

Airbus has delivered its first A321XLR jet to Iberia, enhancing single-aisle performance and targeting new routes while promoting fuel efficiency and environmental commitments.

• BA

IAM, Boeing had 'productive meeting', union says

The International Association of Machinists had productive talks with Boeing to address key issues, assisted by Acting Secretary of Labor Julie Su, with plans for further discussions.

• BA

US economy seen shining on election eve amid robust consumer spending

• BA
• SAF

Safran in major engine repair capacity expansion as demand soars

• BA

Three governors urge end to Boeing strike as suppliers suffer

Republican governors urged Boeing and striking workers to resolve a seven-week strike due to its negative impact on states and suppliers amid ongoing production delays and job cuts.