Boeing is working to fix a newly discovered problem with software powering up on the 737 Max, adding to the list of tasks the aircraft maker faces to get the grounded plane back in the air. Boeing said Friday it has told the Federal Aviation ...
Southwest joins rivals in again delaying Boeing Max jet's return
Southwest Airlines said Thursday it has taken the grounded Boeing 737 Max out of its schedule until early June and is dropping more than 8 percent of its planned flights as a result. With the moves, Southwest joined rivals in acknowledging that the plane won't ...
Boeing approaches Citi for new loan amid 737 Max crisis: sources
Boeing Co. is talking to a group of banks about a potential loan as it deals with the production halt of its grounded 737 Max jetliners, according to people familiar with the matter. Citigroup Inc. is leading the discussions between Boeing and a small group ...
New Boeing Chief Executive David Calhoun told employees on Monday the company must strengthen its culture, focus on "integrity" and be "transparent," according to an email sent to staff. Calhoun, a longtime Boeing board member, officially took over on Monday as chief executive, replacing Dennis ...
Steve Mnuchin says Boeing woes could lop a half-point from U.S. GDP
Troubles at aircraft maker Boeing Co. could trim about half a point from U.S. GDP in 2020 but economic growth should still come in at about 2.5 percent, said Treasury Secretary Steven Mnuchin. Mnuchin discussed the growth outlook, plans to sign the first phase of ...
'Designed by clowns': Boeing releases internal messages about 737 Max and regulators
Boeing Co. on Thursday released hundreds of internal messages containing harshly critical comments about the development of the 737 Max, including one that said the plane was "designed by clowns who in turn are supervised by monkeys." The messages also show attempts to duck regulatory ...
Ukraine jetliner crash another challenge for Boeing
The latest tragic plane crash involving another Boeing aircraft adds to the travails facing the company after its 737 Max was grounded nearly a year ago following two deadly crashes. Details were limited Wednesday about the crash of a Ukraine International Airlines plane, a Boeing ...
In U-turn, Boeing recommends 737 Max simulator training for pilots
Boeing Co. said on Tuesday it was recommending that airline pilots undergo simulator training before they resume flying the 737 Max, a shift from its previous position that pilots only needed computer-based training on new software following two fatal crashes. "This recommendation takes into account ...
American Airlines reaches settlement with Boeing for 737 Max compensation in 2019
American Airlines Group Inc. said on Monday it had reached a confidential agreement with Boeing Co, to address damages the airline incurred in 2019 due to the ongoing grounding of its fleet of Boeing 737 Max aircraft. American, the largest U.S. airline, said the compensation ...
Boeing and U.S. officials reviewing short-circuit threat on grounded 737 Max planes
Boeing Co. and the U.S. Federal Aviation Administration have confirmed they are reviewing a wiring issue that could potentially cause a short circuit on the grounded 737 Max. Boeing spokesman Gordon Johndroe said Sunday the company "identified this issue as part of that rigorous process, ...
Global major air crash deaths fell more than half in 2019 to 257: report
The number of deaths in major air crashes around the globe fell by more than half in 2019, according to a report by an aviation consulting firm. The To70 consultancy said Wednesday that 257 people died in eight fatal accidents in 2019. That compares to ...
New Boeing CEO David Calhoun is hardened corporate crisis manager
Beleaguered Boeing Co. is putting its future in the hands of a turnaround veteran who has led several companies in crisis, cut his teeth at engine maker General Electric Co. and has spent a decade on the board of the world's largest plane-maker. Newly appointed ...
