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,

Stock News for Boeing (BA)
11/28/201508:00:04How Boeing, Deere, and Home Depot Benefit From the Wealth Effect
11/25/201516:13:02Boeing Sees a Brave "New World" for Planes Business
11/25/201509:20:00U.S. Durable Orders Climb in October
11/25/201508:50:03Delta Air Lines, Inc. Tweaks Its Aircraft Plans
11/25/201503:44:00Philippine Airlines Eyes Wide-Body Aircraft
11/24/201510:21:00Airbus Gains Regulatory Approval for New A320neo Plane
11/24/201507:50:00Rolls-Royce to Remain A Diversified Engine Maker
11/24/201504:22:00Boeing, BOC Aviation Announce Order for 22 737s
11/24/201504:07:34Should You Follow Director Buying At BAE Systems plc, Amec Foster...
11/24/201501:25:00Boeing, EVA Airways Finalize Taiwan's Largest Ever Commercial...
11/23/201511:00:00Boeing celebrates centennial with aviation-cool merchandise from...
11/22/201512:13:03As the Air War Heats Up, Defense Contractors Rake In Profits
11/21/201508:13:02Boeing 747 Breaks Out of Its Sales Slump
11/20/201514:52:00Boeing, GE Capital Aviation Services Celebrate Delivery of Lessor's...
11/20/201514:34:03Is Boeing Lost in Space?
11/20/201506:48:03These 5 Companies Own Almost 18% of Pfizer's Outstanding Common...
11/19/201516:20:00Boeing Rents Cargo Jets to Russian Carrier
11/19/201516:14:00Boeing Rents Cargo Jets to Russian Carrier
11/19/201510:10:00ValueAct Capital Bolsters Stake in Rolls-Royce
11/18/201507:00:00Boeing, AirBridgeCargo Airlines Celebrate Delivery of two 747-8...

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