Tag: boeing
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You’re on Guard! Weekly Recap: Southwest Braces for Major Network Changes, DOT OK’s Alaska-Hawaiian Merger
The Main Squawk: Southwest COO hints at major network changes ahead of the Company’s “Investor Day,” apologizes in advance Southwest COO Andrew Watterson says the Company will have to make some “difficult decisions” as it works to “drive [the network] back to profitability.” The comment, revealed in a leaked internal video update, included an apology…
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You’re on Guard! Weekly Recap: Boeing Machinists Go on Strike, Elliott Earns a Win at Southwest
The Main Squawk: 30,000+ aerospace workers at Boeing walk off the job Just a few weeks after Boeing’s new CEO Kelly Ortberg took the helm at the struggling aircraft manufacturer, he is already dealing with a pocket of severe turbulence. A tentative agreement between the International Association of Machinists and Aerospace Workers (IAM) and the…
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You’re on Guard! Weekly Recap: Elliott Turns Up the Heat on Southwest, JetBlue Pumps the Brakes on Its European Expansion
The Main Squawk: At Southwest, Elliott gets ready to take out the trash Elliott is continuing to dig deep in its fight to instill change at Southwest. On Thursday, it announced plans to replace ten of the fifteen directors sitting on the Airline’s Board. The replacements range from former airline CEOs and executives from Air…
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You’re on Guard! Weekly Recap: Boeing Acquires Spirit Aerosystems and Admits Guilt in 737 MAX Crashes, Spirit’s Struggles, Southwest Plans to Take a Poison Pill
The Main Squawk: Boeing buys Spirit (Aerosystems) Boeing reached an agreement to get back together with Spirit Aerosystems. After nearly twenty years of separation, two 737 MAX crashes, and one door flying off the hinges, the two companies are now joined again at the hip. But why the separation in the first place? Back when…
