Boeing announces job cuts, plans to end iconic 747

By |2020-10-14T14:34:05+08:00August 20th, 2020|Aviation, Business|

Boeing suffered a bigger-than-expected loss in the latest quarter, the company announced Wednesday, and signaled additional job cuts are likely as it contends with a protracted air travel downturn amid the coronavirus pandemic. The aerospace giant, which previously suspended the dividend for shareholders and announced a 10 percent staff downsizing, also said it