Boeing and Spirit AeroSystems is a failed experiment that never should have happened | Opinion [Yahoo! Finance]
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Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: Yahoo! Finance
What started out as a plot for Boeing to cut its costs by shedding higher-paid employees ended in the dead of night Sunday. That's the time the companies picked to announce that what was once Boeing's Wichita plant is being sold back to the aviation behemoth in a stock-swap deal worth $4.7 billion — and a total value, including assumption of Spirit debt, of $8.3 billion. In the end, about all that was accomplished here was the dislocation of thousands of loyal workers and a multi-billion-dollar windfall for a vulture capital investment firm. Previously in this column, I recounted one of the most emotionally wrenching days of my professional life: Saturday, May 21, 2005. That was the day I sat on porches with weeping Boeing workers as they opened impersonal DHL Express envelopes telling them not to report to work the following Monday, because their services would no longer be required. It was the culmination of the plant being sold by Boeing to an investment group led by Onex
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News
- Former Boeing inspector alleges ‘scrap' parts ended up on assembly lines [Yahoo! Finance]Yahoo! Finance
- Former Boeing inspector alleges ‘scrap' parts ended up on assembly lines [CNN]CNN
- The Broken Airline That's Still Drawing Buyers [BNN Bloomberg (Canada)]BNN Bloomberg
- Former Boeing inspector alleges ‘scrap' parts ended up on assembly lines [CNN]CNN
- Avelo Airlines Celebrates Independence Day with $35 Off Round Trip Flights for Summer and Fall [Yahoo! Finance]Yahoo! Finance
BA
Earnings
- 4/24/24 - Beat
BA
Sec Filings
- 7/3/24 - Form 4
- 7/3/24 - Form 4
- 7/3/24 - Form 4
- BA's page on the SEC website