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Embraer Adjusts Corporate Structure in Response to COVID-19 and Boeing Deal Collapse

WIL BALDWIN September 6, 2020

Embraer announced today a 4.5% adjustment to its global workforce, which corresponds to approximately 900 employees in Brazil. The measure stems from the impacts caused by the COVID-19 pandemic on the global economy and the…

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Boeing Announces Second-Quarter Deliveries

WIL BALDWIN July 14, 2020

The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the second quarter of 2020. "Our commercial airplane deliveries in the second quarter reflect the significant impacts of…

Boeing Net Orders Slump to Lowest in Decades

WIL BALDWIN January 14, 2020

(Reuters) - Boeing Co <BA> reported its worst annual net orders in decades on Tuesday, along with its lowest numbers for plane deliveries in 11 years, as the grounding of its 737 MAX jet saw…

Italy Tax Authorities Say Fiat Underestimated Value of Chrysler by $5.6 Billion

WIL BALDWIN December 4, 2019December 4, 2019

MILAN (Reuters) - Italian tax authorities believe that Fiat Chrysler Automobiles <FCAU> underestimated the value of its U.S. business by 5.1 billion euros following Fiat's phased acquisition of Chrysler, according to a company filing and…