Travel
Boeing CEO Kelly Ortberg on $500 billion backlog: This is a story about us getting our act together
Boeing CEO Kelly Ortberg joins ‘Squawk on the Street’ to discuss the company’s quarterly earnings results, the challenges facing the company, how he plans to change the company culture, impact of the ongoing machinists strike, and more. Source
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New Boeing CEO sets sights on ‘leaner’ future as quarterly loss tops $6 billion
Workers picket outside the Boeing Co. manufacturing facility during a strike in Renton, Washington, US, on Thursday, Oct. 3, 2024. David Ryder | Bloomberg | Getty Images Boeing‘s new CEO Kelly Ortberg said the company needs to become leaner and improve quality, a vision he laid out for the troubled plane manufacturer ahead of his […]
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New Boeing CEO to give clues on company’s future, while striking workers vote on new contract
Ryan Bergh, a machinist at Boeing’s factory in Everett, Washington for 10 years, cheers during a strike rally for the International Association of Machinists and Aerospace Workers (IAM) at the Seattle Union Hall in Seattle, Washington, on October 15, 2024. (Photo by Jason Redmond / AFP) (Photo by JASON REDMOND/AFP via Getty Images) Jason Redmond […]
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Qatar Airways partners with Elon Musk’s Starlink for high-speed Wi-Fi milestone
Qatar Airways Group CEO Badr Al Meer (center) and Qatar Tourism Chairman Saad bin Ali Al Kharji (left) speak with Elon Musk (right) via Starlink on board the flight. Qatar Airways Qatar Airways launched Tuesday its inaugural Boeing 777 flight equipped with Elon Musk’s Starlink internet, paving the way for a new era of in-flight […]
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He’s British, she’s Australian. Here’s their trick to traveling 10,000 miles — with kids in tow
I’m proud to call the tiny sugarcane farming community of Ingham, Australia, my hometown. It boasts blue skies, sandy beaches and Australia’s longest single-drop waterfall. But its location — at the northern end of the state of Queensland — is a problem for me. Lured by the desire to explore Europe, I left for London […]
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Boeing, machinist union reach tentative deal to end strike
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk on the Street CNBC’s Phil Lebeau joins ‘Squawk on the Street’ to report on the latest proposal to end the Boeing machinist worker strike. 05:05 20 minutes ago Source
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‘They want something different’: Two new reports predict a big shift in travel behavior in 2025
The biggest travel trend of 2022 was to go big, spend big — with people eagerly booking bucket list-style trips to places like Bali, Rome, London and Paris. But two new reports show travelers are now in a very different headspace. Trend reports from Expedia and Booking.com show vacationers are forgoing splashy trips to global […]
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Spirit Airlines extends debt refinancing deadline hours before expiration
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines on Friday said it reached an agreement with its credit card processor to again extended a debt refinancing timeline to December, hours before it was set […]
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Embraer CEO says jet maker studying possibilities for a new aircraft
Embraer CEO Francisco Gomes Neto speaks during the Embraer Media Day 2022 at the aircraft factory in Sao Jose dos Campos, Brazil, May 30, 2022. Carla Carniel | Reuters Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC. […]
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Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Airplane fuselages bound for Boeing’s 737 Max production facility await shipment on rail sidings at their top supplier, Spirit AeroSystems Holdings Inc., in Wichita, Kansas, on Dec. 17, 2019. Nick Oxford | Reuters Boeing supplier Spirit AeroSystems will furlough some 700 workers as a strike by machinists at the plane maker enters its sixth week, […]
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