Oct 11 (Reuters) - Boeing will cut 17,000 jobs -- 10% of its global workforce -- delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S.
The first Boeing 777 took flight in 1994 with airlines purchasing it for service in '95. Meanwhile, Airbus didn't get its A350 prototype off the ground until 2013, giving it a technological edge ...
"There is much work ahead to return to the excellence that made Boeing an iconic company." Around 33,000 machinists who work on the best-selling 737 MAX jet, as well as the 767 and 777 widebodies ...