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Boeing mulls wide-body jet cuts, plans buyouts

Bloomberg Boeing Co is offering employee buyouts and weighing additional savings measures such as new output cuts, as the coronavirus pandemic threatens to depress aircraft sales for years. While the company has yet to alter production plans, it’s taking a closer look at manufacturing rates for wide-body jets amid plunging demand, said a person familiar with the matter. Boeing was ...

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American Air blunder forces carrier to cut leave offer in half

Bloomberg American Airlines Group Inc botched its offer of paid time off to some pilots, forcing the carrier to pull back offers for 1,200 slots and award short-term voluntary leave to just 600 of them. One hundred pilots of Airbus SE A320 and Boeing Co 737 narrow-body jets started leave from April 1, the airline said by email. Another 500 ...

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Walmart told to halt in-store sales of non-essentials in Vermont

Bloomberg Shoppers in Vermont hoping to wander the aisles of their local big-box store in search of an exercise mat or a video game are out of luck. The state ordered Walmart Inc and other big-box retailers to halt the sale of “non-essential” products in their brick-and-mortar locations to reduce the potential spread of the coronavirus. A spokesman for Vermont’s ...

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