Tag: Boeing

BusinessManufacturingTechnology

Aviation Industry Scrambles to Fill 700,000 Technician Jobs

The aviation maintenance sector confronts an unprecedented workforce crisis with projections showing over 700,000 new technicians needed globally by 2040. Industry leaders gathered at MRO Europe to debate solutions ranging from internal academies to augmented reality training as traditional mentorship models strain under demand. The race is on to attract younger generations to a field where experienced workers are rapidly retiring.

The Scale of the Crisis

Aviation’s maintenance sector is staring down what industry analysts describe as a demographic time bomb. According to recent projections, manufacturers and airlines will need to find and train over 700,000 new technicians globally within the next two decades. Airbus reportedly forecasts demand for 705,000 technicians by 2040, while Boeing’s estimates run slightly higher at 710,000. Even more alarming: training company CAE suggests a staggering 83% of current maintenance staff will retire within the coming decade.

by Michael Turner
BusinessInnovationTechnology

Cramer Bullish on Tech Earnings, Highlights AI Winners in Packed Week

Earnings season intensifies next week with major tech companies including Amazon, Apple, Meta, and Microsoft reporting results. According to analysis from Jim Cramer’s Investing Club, several companies stand to benefit from AI-driven demand and cloud computing growth. The week’s reports will test whether the “Magnificent Seven” tech giants can maintain their market leadership momentum.

Tech Earnings Take Center Stage

Investors are bracing for one of the busiest earnings weeks of the season, with more than 150 S&P 500 companies set to report quarterly results. The spotlight falls heavily on technology giants, with four of the so-called “Magnificent Seven” – Alphabet, Amazon, Apple, Meta Platforms, and Microsoft – all scheduled to release numbers. According to analysis from Jim Cramer’s Charitable Trust portfolio, several companies appear positioned for strong performances driven by artificial intelligence demand and cloud computing growth.

by Jessica Moore P.E.
BusinessManufacturingTechnology

Boeing Strikers to Vote on Revised Contract Offer After 80-Day Walkout

Boeing’s defense workers in St. Louis will decide on a revised contract offer this week after nearly three months on strike. The union representing 3,200 striking employees has scheduled a vote for October 26 without recommending the proposal.

Strike Resolution Vote Scheduled

More than 3,200 striking Boeing defense workers will vote on a revised contract offer October 26, according to union communications reported by Reuters. The International Association of Machinists and Aerospace Workers (IAM) represents employees who have been on strike for approximately 80 days at Boeing’s St. Louis-area plants, where they assemble fighter jets and munitions.

by Michael Turner
Assistive TechnologyBusiness

GE Aerospace Stock Soars 65%: Key Drivers Behind the Surge

GE Aerospace stock has reportedly surged over 65% between April and October 2025, according to financial analysis. Sources indicate the growth stems from aviation sector recovery and production challenges at competitors. Analysts suggest management confidence was demonstrated through expanded share repurchases and dividend increases.

GE Aerospace Stock Performance Highlights

GE Aerospace stock has reportedly surged approximately 65% between April 18, 2025, and October 15, 2025, according to analysis published by Forbes contributors. The substantial growth appears driven by multiple factors including improved operational performance and optimistic forward-looking statements from company leadership.

by Jessica Moore P.E.