ADVFN - Advanced Financial Network.
HOME» NYSE » B » BA Stock Price » BA Stock News

Boeing Share News

 Boeing Co. (the) Stock Price
BA Stock Price
 Boeing Co. (the) Stock Chart
BA Stock Chart
 Boeing Co. (the) Stock News
BA Stock News
 Boeing Co. (the) Company Information
BA Company Information
 Boeing Co. (the) Stock Trades
BA Stock Trades

Delhi High Court Rejects Appeal From Striking Air India Pilots

MUMBAI -(Dow Jones)- National carrier Air India Ltd. said Thursday the Delhi High Court rejected an appeal by a group of striking pilots against an order that declared their strike illegal. The airline, meanwhile, canceled 17 overseas and local flights, as the strike by more than a fifth of its 1,500 pilots continued for an 11th day. Air India hopes the order will force the pilots to call off the strike, a company spokesman said. The airline has canceled dozens of daily flights, mostly on the cash-generating, longer routes to Europe and the U.S., resulting in billions of rupees of lost revenue. Air India has been operating at a loss for five years after an unsuccessful merger with the other national carrier, Indian Airlines. Mandatory flights on loss-making routes as well as high jet fuel prices, borrowing costs and interest payments have drained its cash reserves. The government has repeatedly injected cash into the airline over the last few years, but has been unable to shore up its finances. Air India's pilots went on strike May 7, opposing the company's decision not to train some of them on Boeing Co. (BA) Dreamliner 787 planes, the first of which will soon join the company's fleet. Pilots flying the Dreamliners, meant to operate on overseas routes, will get a higher salary and allowance. The Delhi High Court on May 9 declared the strike illegal, leading the pilots to appeal the order. Air India last week stopped recognizing the lobbying body that had called for the strike, sacked 71 of the striking pilots and refused to talk to the rest until they come back to work. -By Anirban Chowdhury, Dow Jones Newswires; 91-22-61456108; anirban.chowdhury@dowjones.com

Stock News for Boeing (BA)
DateTimeHeadline
11/20/201409:27:07U.S. Stock Futures Fall After Gloomy Data
11/19/201411:31:25Europeans Commit to EUR1 Billion Eurofighter Upgrade -- Update
11/19/201409:22:20BAE Signs New Eurofighter Radar Contract
11/19/201400:40:06S.F. Express Plans to Boost Freighter Jet Fleet to 100 by 2018...
11/14/201411:34:23U.S. Defends Marshals in Wake of Secret Cellphone Spying Report--Update
11/12/201423:10:42Midair Collision Hazards Cited as Significant Safety Issue in...
11/10/201403:50:15SMBC Buys Aircraft From Boeing
11/07/201401:30:18Singapore Airlines Plans to Spend Over $14 Billion
11/07/201401:00:27Singapore Airlines Plans to Spend Over US$14 Billion Over Next...
11/06/201410:53:48Dutch Investigators to Recover Parts of Malaysia Airlines Crashed...
11/05/201411:15:59Virgin Atlantic CEO Sees 747 Replacement Choice in 5-9 Months--Update
11/05/201408:07:12Virgin Atlantic CEO Sees 747 Replacement Choice in 5-9 Months
11/01/201420:39:42U.S. Economy Grew Strongly in Third Quarter
10/24/201418:52:34Monarch Airlines Sold to Greybull Capital
10/23/201401:30:42Safran Revenue Rises on Sustained Demand for Jet Engines
10/22/201416:54:22MARKET SNAPSHOT: U.S. Stocks Wither; S&P 500 Ends 4-day Win Steak
10/22/201414:09:09MARKET SNAPSHOT: U.S. Stocks Give Up Gains; Boeing Drags Dow
10/22/201410:15:27MARKET SNAPSHOT: U.S. Stocks Tick Up; Yahoo Rallies
10/22/201409:51:50U.S. Hot Stocks: Hot Stocks to Watch
10/22/201409:06:36MARKET SNAPSHOT: U.S. Stocks: Futures Waver, But Boeing Gains...

Boeing and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad