Boeing CEO Kelly Ortberg announced on Friday that employees who were furloughed during the strike will be repaid.

Boeing instituted rolling furloughs in September, with tens of thousands of employees asked to take off one out of every four ...

Both involve not getting a paycheck, but a furlough is temporary Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Amy Soricelli has ...

Boeing workers who were furloughed will be getting their paychecks back, announced CEO Kelly Ortberg Thursday.

WICHITA, Kan. (KSNW) — Spirit AeroSystems will furlough 700 workers for 21 days. The furlough comes as Boeing workers are still on strike. The strike started back on Sept. 13. The furloughs will ...

Spirit AeroSystems will furlough about 700 workers to cut costs as the machinist strike at Boeing BA-3.23%decrease; red down pointing triangle continues. The plane manufacturer on Friday said ...

CHICAGO, Oct 30 (Reuters) - Spirit Airlines SAVE.N will furlough about 330 pilots on Jan. 31, 2025, a company spokesperson told Reuters, as part of its efforts to cut costs and shore up its ...

It also says a plan to improve liquidity could include layoffs and more furloughs. “The Company will require additional liquidity to continue its operations over the next 12 months,” Spirit ...

Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...

Boeing will reduce the size of its total workforce by 10% over the coming months, CEO Kelly Ortberg said in a letter to employees ... with the next cycle of furloughs. Ortberg also said the ...

Just last month, the ultra-low-cost carrier placed 186 of its pilots on furlough. The beleaguered airline continues to face mounting losses, reporting a net loss of $158 million in the second quarter.

Struggling Spirit Airlines said Wednesday it will furlough hundreds of pilots to cut down costs and bolster its finances. The move comes as the airline continues to lose money despite strong ...