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

French Government To Keep A Close Eye On Air France - Ministry

PARIS -(Dow Jones)- The French government said Friday it will be keeping a close watch on Air France as it struggles to return to profitability, especially regarding its promise not to lay off any employees. The deputy minister for transportation and shipping Frederic Cuvillier summoned the chief executive of Air France, Alexandre de Juniac, for a meeting Thursday to discuss the airline's financial situation. He told him that "he will be particularly attentive in the coming months that the company, which has 53,000 employees, finds ways to carry out its recovery, without resorting to involuntary layoffs," Cuvillier's office said in a statement. Air France, part of the Air France-KLM (AF.FR) group, told employee representatives Thursday that it plans to reduce its headcount as part a broad recovery plan that will include a restructuring of its domestic and regional operations, a reduction in the size of its fleet of aircraft, and a 20% gain in productivity to return to profit. The French carrier has already instituted a wage and hiring freeze, and according to press reports it is likely to announce several thousand job cuts through 2015 at the end of next month, either through voluntary departures or attrition. Meanwhile, a French lawmaker described as "indecent" a EUR400,000 golden handshake for Pierre-Henri Gourgeon, the former Air France-KLM chief executive who was fired last year, at a time when the airline's personnel is threatened with job cuts. He called on Gourgeon to relinquish his claim to the departure bonus. Bernard Carayon, a deputy of the conservative UMP party, said Gourgeon was fired because he was pushing for Air France to buy aircraft made by Boeing Co (BA) instead of planes assembled in France by Boeing rival Airbus, a unit of European Aeronautic Defense & Space Co NV (EAD.FR). Carayon said he had been able to thwart that attempt by organizing a cross-party lobby of 186 French deputies. -By David Pearson, Dow Jones Newswires; +331 4017 1740, david.pearson@dowjones.com

Stock News for Boeing (BA)
DateTimeHeadline
11/27/201406:39:11Air India is Reconsidering Plan to Sell Long-Range Jets
11/25/201415:59:45Correction to La Compagnie Fares Story
11/25/201415:55:33La Compagnie Will Add NY-London to its NY-Paris Offering in March
11/23/201421:40:12Drone Flights Face FAA Hit
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

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